Where the $200,000+ Crowd Lives

Where the $200,000+ Crowd Lives

cnbc

by Paul Toscano
Friday, February 27, 2009
The White House’s budget for fiscal year 2010 calls for tax  hikes on wealthy Americans.  In this case, that means couples making over $250,000 a  year and individuals $200,000 a year. Under the budget plan, these households  (about 3 percent of the total) would experience tax increases of $318 billion over the next 10 years.  Here’s a look at the states that will be most affected by the tax hike and how they voted in the last presidential election.

Source: US Census Bureau (Housing Data), MSNBC (Election Data)

1. District of Columbia

% of Households Earning $200K+: 8.4%
Total Households: 251,039
Median Income: $50,318
Households Earning $200K+: 21,194

Election Results:
Obama: 93%
McCain: 7%

2. Connecticut

% of Households Earning $200K+: 8.0%
Total Households: 1,320,714
Median Income: $64,158
Households Earning $200K+: 105,433

Election Results:

Obama: 61%
McCain: 38%

3. New Jersey

% of Households Earning $200K+: 7.5%
Total Households: 3,149,910
Median Income: $65,249
Households Earning $200K+: 235,278

Election Results:
Obama: 57%
McCain: 42%

4. Maryland

% of Households Earning $200K+: 6.9%
Total Households: 2,082,458
Median Income: $65,552
Households Earning $200K+: 142,694

Election Results:
Obama: 62%
McCain: 37%

5. (Tie) Massachusetts

% of Households Earning $200K+: 6.2%
Total Households: 2,449,133
Households Earning $200K+: 152,348
Median Income: $57,681

Election Results:
Obama: 62%
McCain: 36%

5. (Tie) California

% of Households Earning $200K+: 6.2%
Total Households: 12,200,672
Households Earning $200K+: 757,411
Median Income: $56,311

Election Results:
Obama: 61%
McCain: 37%

7. Virginia

% of Households Earning $200K+: 5.7%
Total Households: 2,932,234
Households Earning $200K+: 165,998
Median Income: $58,950

Election Results:
Obama: 53%
McCain: 46%

8. New York

% of Households Earning $200K+: 5.6%
Total Households: 7,099,940
Households Earning $200K+: 399,014
Median Income: $49,267

Election Results:
Obama: 62%
McCain: 37%

9. Hawaii

% of Households Earning $200K+: 4.5%
Total Households: 439,685
Households Earning $200K+: 19,876
Median Income: $63,104

Election Results:
Obama: 72%
McCain: 27%

10. Illinois

% of Households Earning $200K+: 4.4%
Total Households: 4,759,579
Households Earning $200K+: 208,385
Median Income: $51,279

Election Results:
Obama: 62%
McCain: 37%

11. New Hampshire

% of Households Earning $200K+: 4.2%
Total Households: 501,505
Households Earning $200K+: 20,899
Median Income: $65,652

Election Results:
Obama: 54%
McCain: 45%

12. Colorado

% of Households Earning $200K+: 4.1%
Total Households: 1,859,965
Households Earning $200K+: 76,216
Median Income: $59,209

Election Results:
Obama: 54%
McCain: 45%

13. Washington

% of Households Earning $200K+: 4.0%
Total Households: 2,501,509
Households Earning $200K+: 99,636
Median Income: $57,178

Election Results:
Obama: 57%
McCain: 41%

14. Texas

% of Households Earning $200K+: 3.9%
Total Households: 8,244,022
Households Earning $200K+: 313,681
Median Income: $45,294

Election Results:
Obama: 44%
McCain: 56%

15. Minnesota

% of Households Earning $200K+: 3.8%
Total Households: 2,062,681
Households Earning $200K+: 77,772
Median Income: $57,932

Election Results:
Obama: 54%
McCain: 44%