- Bargaineering - http://www.bargaineering.com/articles -

2011 Income Percentiles

Every year, following tax season, the Tax Policy Center releases a litany of statistic driven tables and charts. One of the most fascinating, at least to me, is their listing of Income Breaks [3]. The table basically lists where all the percentiles start and end for all tax units, single filers, married filing jointly, and head of household filers based on their models. This is just one of the many charts they have for 2011 [4]. It’s not an exact science and you can argue the accuracy of the models but it’s still an interesting dataset to play with.

Here are the deciles (dollar value for when that decile ends):

Decile All Single MFJ Head of Household
10th $9,235 $5,068 $23,748 $8,614
9th $16,358 $8,294 $37,621 $12,935
8th $23,873 $11,338 $48,695 $16,943
7th $32,188 $15,188 $64,228 $20,245
6th $42,327 $19,092 $74,607 $25,583
5th $57,213 $25,102 $90,473 $29,562
4th $73,866 $32,245 $105,552 $35,987
3rd $97,298 $41,840 $145,454 $44,203
2nd $154,131 $64,858 $191,126 $63,274
1st, 2nd half $200,026 $87,149 $298,736 $77,703

Here were some things that intrigued me:

Finally, check out this average effective federal tax rate [6] chart that lists the tax rates on the various income groups and filing statuses. I’ll let you draw your own conclusions (again, this data is based on their microsimulation model).