Because of the differing definitions of "earned income" that have been
used by the IRS and other agencies of the Federal Government (e.g, the
Census Bureau), the Adjusted Gross Income (AGI) and Wages and Salary
have been used as the basis for the calculations in this answer. To
calculate another version of "earned income", consult the
publications. The Census Bureau conducts an ongoing monthly survey,
the Current Population Survey (CPS), that includes an "economic
census". Census Bureau definitions govern CPS results.
Current Population Survey (CPS) - Definitions and Explanations
http://www.census.gov/population/www/cps/cpsdef.html
Earned Income Credit (EIC)
http://www.irs.gov/pub/irs-pdf/p596.pdf
"Earned Income
Earned income includes:
1) Wages, salaries, and tips,
2) Net earnings from self-employment, and
3) Gross income received as a statutory employee.
Wages, salaries, and tips. Wages, salaries, and tips you receive for
working are reported to you on Form W–2, box 1. You should report
these on line 1 (Form 1040EZ) or line 7 (Forms 1040A and 1040).
Net earnings from self-employment. You may have net earnings from
self-employment if:
• You own your business, or
• You are a minister or member of a religious order.
Statutory employee. You are a statutory employee if you receive a Form
W–2 on which the “Statutory employee” box (box 13) is checked. You
report your income and expenses as a statutory employee on Schedule C
or C–EZ (Form 1040).
Strike benefits. Strike benefits paid by a union to its members are
earned income."
Only the year 2000 is broken down across the entire range specified.
2001 is cumulative for the highest levels from $100,000 and above. The
material in this answer has been extracted from numerous and several
sources and has been reformatted to fit in the horizontal space
available. It is recommended that the original documents be downloaded
and read, as they contain much more information, including detailed
descriptions of the data.
(Note: some data are available in Excel 4 format.)
YEAR 2000
The percentages in this table are calculated from the numbers and were
not part of the original table. As a result, the percentages are
enclosed in square brackets [ ] to indicate the provided
extrapolations. (AGI = Adjusted Gross Income.)
AGI
Individual Income Tax Returns, 2000
http://www.irs.ustreas.gov/pub/irs-soi/00indtr.pdf
Table 1.--All Returns: Sources of Income and Adjustments, by Size of
Adjusted Gross Income
[All figures are estimates based on samples--money amounts are in
thousands of dollars]
Number [%] AGI [%]
All returns 129,373,500 6,365,376,648
No adjusted gross income 1,146,357 [.886] -58,599,965
[-.921]
$1 under $5,000 12,802,742 [9.896] 34,203,382
[.537]
$5,000 under $10,000 12,801,602 [9.895] 95,975,660
[1.508]
$10,000 under $15,000 12,111,065 [9.361] 151,243,464
[2.376]
$15,000 under $20,000 11,661,534 [9.014] 203,601,716
[3.198]
$20,000 under $25,000 9,993,115 [7.724] 224,389,266
[3.525]
$25,000 under $30,000 8,368,758 [6.469] 229,375,741
[3.603]
$30,000 under $40,000 13,547,727 [10.471] 470,892,948
[7.397]
$40,000 under $50,000 10,412,090 [8.048] 465,603,449
[7.314]
$50,000 under $75,000 17,076,159 [13.199] 1,044,655,055
[16.411]
$75,000 under $100,000 8,597,328 [6.645] 737,503,612
[11.586]
$100,000 under $200,000 8,083,447 [6.248] 1,066,341,747
[16.752]
$200,000 under $500,000 2,135,763 [1.650] 613,755,638
[9.642]
$500,000 under $1,000,000 396,131 [.306] 269,020,887
[4.226]
$1,000,000 under $1,500,000 99,510 [.077] 120,604,227
[1.894]
$1,500,000 under $2,000,000 44,582 [.034] 76,710,836
[1.205]
$2,000,000 under $5,000,000 66,768 [.052] 199,393,478
[3.132]
$5,000,000 under $10,000,000 17,610 [.014] 120,577,375
[1.894]
$10,000,000 or more 11,215 [.008] 300,128,133
[4.715]
WAGES and SALARY
Table 1.--All Returns: Sources of Income and Adjustments, by Size of
Adjusted Gross Income
[All figures are estimates based on samples--money amounts are in
thousands of dollars]
Number [%] Wages and Salary
[%]
All returns 110,168,714 4,456,167,438
No adjusted gross income 403,878 [.366] 10,563,170
[.237]
$1 under $5,000 10,098,599 [9.166] 29,596,356
[.664]
$5,000 under $10,000 10,293,131 [9.343] 71,583,079
[1.606]
$10,000 under $15,000 9,630,005 [8.741] 112,255,381
[2.519]
$15,000 under $20,000 9,582,559 [8.698] 156,830,106
[3.519]
$20,000 under $25,000 8,596,337 [7.803] 180,988,570
[4.061]
$25,000 under $30,000 7,398,725 [6.716] 189,423,121
[4.251]
$30,000 under $40,000 11,998,151 [10.891] 383,485,175
[8.605]
$40,000 under $50,000 9,369,328 [8.505] 379,533,037
[8.517]
$50,000 under $75,000 15,362,675 [13.945] 830,810,966
[18.644]
$75,000 under $100,000 7,830,440 [7.108] 581,156,159
[13.041]
$100,000 under $200,000 7,251,906 [6.583] 769,635,607
[17.271]
$200,000 under $500,000 1,822,631 [1.654] 357,855,791
[8.030]
$500,000 under $1,000,000 330,405 [.299] 131,322,016
[2.947]
$1,000,000 under $1,500,000 82,607 [.075] 50,457,510
[1.132]
$1,500,000 under $2,000,000 36,737 [.033] 30,102,673
[.675]
$2,000,000 under $5,000,000 56,025 [.051] 74,742,777
[1.677]
$5,000,000 under $10,000,000 14,993 [.014] 40,648,542
[.912]
$10,000,000 or more 9,582 [.008] 75,177,400
[1.687]
Taxable returns 83,452,821 [75.750] 4,172,935,772
[93.644]
Much other data are provided in the actual table, including break
downs of all income sources, credits, etc., by AGI levels.
SEE ALSO:
Individual Tax Statistics - Data by Size of Income
http://www.irs.ustreas.gov/taxstats/article/0,,id=96981,00.html
Table 1.--Individual Income Tax Returns with Positive Adjusted Gross
Income (AGI): Number of Returns, Shares of AGI andTotal Income Tax,
AGI Floor on Percentiles in Current and Constant Dollars, and Average
Tax Rates, by Selected Descending Cumulative Percentiles of Returns
Based on Income Size Using the Definition of AGI for Each Year, Tax
Years 1986-2000
[All figures are estimates based on samples]
Descending cumulative percentiles
2000 Number of returns: [1]
128227143
Top 1 percent 1282271
Top 5 percent 6411357
Top 10 percent 12822714
Top 25 percent 32056786
Top 50 percent 64113572
Adjusted gross income floor on percentiles (current dollars):
2000
Top 1 percent 313469
Top 5 percent 128336
Top 10 percent 92144
Top 25 percent 55225
Top 50 percent 27682
Adjusted gross income floor on percentiles (constant dollars) [2]
2000
Top 1 percent 182037.74680604
Top 5 percent 74527.293844367
Top 10 percent 53509.87224158
Top 25 percent 32070.267131243
Top 50 percent 16075.493612079
Adjusted gross income (millions of dollars):
2000
TOTAL 6423977
Top 1 percent 1336773
Top 5 percent 2267403
Top 10 percent 2955386
Top 25 percent 4313786
Top 50 percent 5589755
Total income tax (millions of dollars): [3]
2000
TOTAL 980521
Top 1 percent 366929
Top 5 percent 553670
Top 10 percent 660150
Top 25 percent 823706
Top 50 percent 942179
Adjusted gross income share (percentage):
2000
Top 1 percent 20.8091
Top 5 percent 35.2959
Top 10 percent 46.0056
Top 25 percent 67.1513
Top 50 percent 87.0139
[1] The number of returns with negative adjusted gross income, i.e.,
returns with an adjusted gross deficit, and the corresponding amounts
for adjusted gross deficit, were excluded from Table 1. By excluding
deficit returns, alternative minimum tax reported on some of these
returns was also excluded. For Tax Year 2000, there were 5,714
returns with no adjusted gross income that reported income tax, mostly
alternative minimum tax, totaling $100.6 million.
[2] For Table 1, constant dollars were calculated using the U.S.
Bureau of Labor Statistics' consumer price index for urban consumers
(CPI-U, 1982-84=100). For 2000 the CPI-U = 172.2
[3] Total income tax is the sum of income tax after credits and
alternative minimum tax reported on returns that showed a positive
amount for adjusted gross income. Therefore, total income tax
excludes alternative minimum tax, Form 8814 tax (tax on a child's
interest or dividends), and Form 4972 tax (tax on lump-sum
distributions from qualified retirement plans) reported on some
returns with a negative amount for adjusted gross income. See also
footnote 1.
Note: Unles otherwise stated, money amounts are in current (not
constant) denominations.
Source: Internal Revenue Service, Statistics of Income Division,
Unpublished Statistics, September 2002.
YEAR 2001 (and 2000)
Money Income in the United States: 2001
[Suggested Citation
DeNavas-Walt, Carmen and Robert
Cleveland, U.S. Census Bureau,
Current Population Reports, P60-218,
Money Income in the United States:
2001, U.S. Government Printing
Office, Washington, DC,
2002.]
http://www.census.gov/prod/2002pubs/p60-218.pdf
"The 20 percent of households with the highest income (the highest
quintile) received at least $83,500 during 2001. The lowest 20
per-cent of households (the lowest quintile) received less than
$17,970 during 2001."
Table 6.
Percentage of Aggregate Income Received by Income Quintiles and Gini
Index
by Definition of Income: 2001
Definition 1 (official measure)
Lowest Second Third Fourth Highest Gini index
3.5 8.8 14.5 23.1 50.1 .450
Income
http://www.census.gov/hhes/www/income.html
Table A-1.
Households by Total Money Income, Race, and Hispanic Origin of
Householder:
1967 to 2001
(Income in 2001 CPI-U-RS adjusted dollars. Households as of March of
the following year. For meaning of symbols, see text)
ALL RACES
2001 Percent
Under $5,000 3.1
$5,000 to $9,999 5.9
$10,000 to $14,999 6.9
$15,000 to $24,999 13.3
$25,000 to $34,999 12.4
$35,000 to $49,999 15.4
$50,000 to $74,999 18.4
$75,000 to $99,999 10.8
$100,000 and over 13.8
2000 1
Under $5,000 2.9
$5,000 to $9,999 5.8
$10,000 to $14,999 6.9
$15,000 to $24,999 13.0
$25,000 to $34,999 12.5
$35,000 to $49,999 15.4
$50,000 to $74,999 18.6
$75,000 to $99,999 10.8
$100,000 and over 14.1
2000 2
Under $5,000 2.8
$5,000 to $9,999 5.9
$10,000 to $14,999 6.8
$15,000 to $24,999 13.1
$25,000 to $34,999 12.5
$35,000 to $49,999 15.1
$50,000 to $74,999 18.9
$75,000 to $99,999 10.8
$100,000 and over 14.1
1 Implementation of Census 2000-based population controls and a 28,000
household sample expansion.
2 Reflects a correction to the March 2001 CPS weighting.
YEAR 1999 (Alternative method of calculation for 1999, latest year
available.)
Shares of Income Received by Quintiles When Equivalent Income Is Used
as the Measure of Income
http://www.census.gov/hhes/www/income/newydata.pdf
Year 1999 Percentage
Lowest quintile........4.1
Second quintile........9.8
Middle quintile.......15.3
Fourth quintile.......22.8
Highest quintile......48.0
Top five percent......21.1
RESOURCES
INTERNAL REVENUE SERVICE (IRS)
http://www.irs.ustreas.gov
http://www.irs.gov
Tax Statistics - Produced by the Statistics of Income Division and
other areas of the Internal Revenue Service
http://www.irs.ustreas.gov/taxstats/index.html
http://www.irs.gov/taxstats/
Statistical Publications
http://www.irs.gov/taxstats/content/0,,id=97357,00.html
Statistics by Topic
http://www.irs.ustreas.gov/taxstats/content/0,,id=97166,00.html
Individual Tax Statistics
http://www.irs.ustreas.gov/taxstats/article/0,,id=98123,00.html
Bureau of Labor Statistics
http://www.bls.gov/
Deptarment of Labor
Statistics
http://www.labor.gov/dol/stats.htm
FedStats (Portal to Federal Statistics on all subjects.)
http://www.fedstats.gov/
Income Statistics
http://www.fedstats.gov/programs/income.html
Bureau of Economic Analysis
Elected NIPA Tables
http://www.bea.gov/bea/dn/nipaweb/SelectedTables.asp#S1
http://www.bea.gov/bea/dn/nipaweb/TableViewFixed.asp?SelectedTable=27&FirstYear=2001&LastYear=2002&Freq=Qtr
http://www.bea.gov/bea/dn/nipaweb/TableViewFixed.asp?SelectedTable=24&FirstYear=2001&LastYear=2002&Freq=Qtr
Data FERRET (e-mail registration necessary)
http://ferret.bls.census.gov/cgi-bin/ferret
SEARCH TERMS
economic census income (to find CPS)
IRS earned income definition
All other sites reached from <http://www.census.gov> or from
<http://www.irs.gov>.
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