Tax Revenue and Economic Performance Analysis

The median Hawaiian household reports above average income but residents in top 1.0% report below average income compared to other states Income threshold of top 1% of filers by state $80,108 Median HH income in Rank State Income threshold of top 1.0% Share of Income earned by to 1.0% Hawaii (5th highest in 1 Connecticut $827,194 27% nation) 2 Massachusetts $728,272 23.7% 3 New York $702,559 29.3% $140,990 4 New Jersey $701,005 19.6% Income threshold of top 5 California $659,503 23.0% 10% of filers in Hawaii 6 Washington $585,748 18.7% 7 Florida $581,682 28.4% Avg United States $538,926 28.4% Source: American Community Survey and 38 Hawaii $414,599 14.1% DOTOX Source: IRS 2017 14

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