Putting TRAC to Work
  News Organizations
CNN Money
April 2, 2015

New York, N.Y. is a helluva town -- at least for those who want fat paychecks.
By Jeanne Sahadi

Tax filers living in New York County -- a.k.a. Manhattan -- reported $96,941 on average in wage and salary income last year, the highest among counties in the United States. That's according to an analysis of preliminary 2013 IRS tax return data by the Transactional Records Access Clearinghouse (TRAC). At the other end of the spectrum is Catron County, N.M., which had the lowest reported wage and salary income ($16,280) of all counties in the country. Of course, a paycheck is hardly the only component of a high income. Investment income can also come in handy. When taking investments into account, Wyoming's Teton County -- home to Jackson Hole -- takes the top spot. Teton County only ranks 195th among counties in terms of average wage and salary income ($47,715) but it was No. 1 in terms of average adjusted gross income ($296,778), dividend income ($32,793) and interest ($8,604). The icing on the cake for Teton County residents is that they got to keep much more of that income than they would in many other places, since the state of Wyoming doesn't tax income, whether derived from a paycheck or investments. By contrast, the county with the lowest reported average AGI in the country was Gooding County, Idaho ($15,379). Among states overall, Connecticut secured the top spot in terms of AGI ($91,417) while Mississippi came in last ($44,972).

Transactional Records Access Clearinghouse, Syracuse University
Copyright 2015
TRAC TRAC at Work TRAC TRAC at Work News Organizations News Organizations