How Much the Top 1% Pay in Taxes in the Poorest States

Even the poorer states in America have rich people. And, like everyone else, those rich people also have to pay taxes. GOBankingRates recently conducted a study to see what the top 1% pay in taxes.

Learn More: IRS Updates Earned Income Tax Credit for 2025 — More Families Eligible for Higher Credits

Be Aware: 5 Things You Must Do When Your Savings Reach $50,000

Here is what the top 1% in the poorest states pay in aggregate.

Also see what a $100,000 salary looks like after taxes in the poorest states.

Mississippi Welcome Sign

Mississippi

  • % of population below poverty level: 19.1%
  • Total income tax share for the top 1%: 38.3%
  • Average tax rate percentage for the top 1%: 24.4%
  • Total income tax for the top 1%: $3,297,109,000
  • Number of returns for the top 1%: 11,731

Find Out: Here’s How Much Your State Collects on Every Type of Tax

See More: Top 8 States To Move to If You Don’t Want To Pay Taxes on Social Security

City of New Orleans sunset stock photo

Louisiana

  • % of population below poverty level: 18.9%
  • Total income tax share for the top 1%: 38.7%
  • Average tax rate percentage for the top 1%: 26%
  • Total income tax for the top 1%: $6,806,423,000
  • Number of returns for the top 1%: 18,593

See More: The Best Tax Deductions and Tax Breaks for 2024-2025

Welcome to New Mexico  road sign just across the Texas state line.

New Mexico

  • % of population below poverty level: 18.1%
  • Total income tax share for the top 1%: 32.3%
  • Average tax rate percentage for the top 1%: 24.3%
  • Total income tax for the top 1%: $2,380,544,000
  • Number of returns for the top 1%: 9,310
Kenova, USA - October 17, 2019: Welcome to West Virginia sign Wild and Wonderful with mountains picture and blue sky by Kentucky border.

West Virginia

  • % of population below poverty level: 16.6%
  • Total income tax share for the top 1%: 30.3%
  • Average tax rate percentage for the top 1%: 24.8%
  • Total income tax for the top 1%: $1,647,747,000
  • Number of returns for the top 1%: 7,316
Lexington Kentucky 40502 Home Zillow

Kentucky

  • % of population below poverty level: 16.1%
  • Total income tax share for the top 1%: 34.3%
  • Average tax rate percentage for the top 1%: 24.7%
  • Total income tax for the top 1%: $5,451,182,000
  • Number of returns for the top 1%: 18,395

Discover More: 7 Tax Loopholes the Rich Use To Pay Less and Build More Wealth

Arkansas Paradise Lake Reflection , ripples on the lake , low angle near water.

Arkansas

  • % of population below poverty level: 16.0%
  • Total income tax share for the top 1%: 42.2%
  • Average tax rate percentage for the top 1%: 23.2%
  • Total income tax for the top 1%: $4,814,153,000
  • Number of returns for the top 1%: 12,198
Selma-Alabama-iStock-182733749

Alabama

  • % of population below poverty level: 15.6%
  • Total income tax share for the top 1%: 36.2%
  • Average tax rate percentage for the top 1%: 23.9%
  • Total income tax for the top 1%: $6,778,809,000
  • Number of returns for the top 1%: 20,185
Stillwater, Oklahoma, USA - April 24, 2018: Daytime view of the enlarged bronze replica of 'The Bronco Buster' by famed sculptor Frederic Remington in a roundabout on Main Street in Stillwater Oklahoma.

Oklahoma

  • % of population below poverty level: 15.3%
  • Total income tax share for the top 1%: 37.8%
  • Average tax rate percentage for the top 1%: 24.6%
  • Total income tax for the top 1%: $5,622,529,000
  • Number of returns for the top 1%: 16,106

Also See: Trump Wants To Eliminate Social Security Taxes — Here’s How Much the Average Retiree Would Save

Map of South Carolina State.

South Carolina

  • % of population below poverty level: 14.2%
  • Total income tax share for the top 1%: 37.1%
  • Average tax rate percentage for the top 1%: 25.4%
  • Total income tax for the top 1%: $8,867,845,000
  • Number of returns for the top 1%: 23,203
Nashville skyline with river and sunset.

Tennessee

  • % of population below poverty level: 13.8%
  • Total income tax share for the top 1%: 41%
  • Average tax rate percentage for the top 1%: 25.8%
  • Total income tax for the top 1%: $14,547,566,000
  • Number of returns for the top 1%: 30,531
River walk in San Antonio city downtown skyline cityscape of Texas USA at sunset.

Texas

  • % of population below poverty level: 13.8%
  • Total income tax share for the top 1%: 44.5%
  • Average tax rate percentage for the top 1%: 26.7%
  • Total income tax for the top 1%: $81,990,700,000
  • Number of returns for the top 1%: 128,130

For You: 6 Reasons Your Tax Refund Will Be Higher in 2025

Aerial View of Downtown Statesboro, Georgia in Autumn.

Georgia

  • % of population below poverty level: 13.5%
  • Total income tax share for the top 1%: 38.3%
  • Average tax rate percentage for the top 1%: 25.8%
  • Total income tax for the top 1%: $21,001,340,000
  • Number of returns for the top 1%: 46,220
Toledo, Ohio, USA downtown skyline on the Maumee River at twilight.

Ohio

  • % of population below poverty level: 13.2%
  • Total income tax share for the top 1%: 34.6%
  • Average tax rate percentage for the top 1%: 25.5%
  • Total income tax for the top 1%: $18,842,538,000
  • Number of returns for the top 1%: 53,103
North Carolina plate

North Carolina

  • % of population below poverty level: 13.2%
  • Total income tax share for the top 1%: 35.3%
  • Average tax rate percentage for the top 1%: 25.7%
  • Total income tax for the top 1%: $19,037,365,000
  • Number of returns for the top 1%: 46,525
Sleeping Bear Dunes

Michigan

  • % of population below poverty level: 13.1%
  • Total income tax share for the top 1%: 35%
  • Average tax rate percentage for the top 1%: 24.5%
  • Total income tax for the top 1%: $16,650,121,000
  • Number of returns for the top 1%: 45,218

Methodology: For this study, GOBankingRates analyzed individual tax returns by state to find out how much the top 1% pay in taxes. Using data from the IRS SOI tax stats, the individual tax rates by income percentiles and by state were included. The states were sorted to show the highest to lowest tax share percentage. All data was collected on and is up to date as of March 6, 2025.

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  • This article originally appeared on GOBankingRates.com: How Much the Top 1% Pay in Taxes in the Poorest States

    The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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