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By Susie Poppick
July 21, 2014
A Jackson Hole mansion in Teton County, Wyoming.
A Jackson Hole mansion in Teton County, Wyoming.
Jonathan Adams—Getty Images

Teton County, Wyoming, tops the list for highest average income in the United States, according to updated Tax Stats data just released by the IRS.

The average income in Teton—known for hiking, skiing, and multimillion dollar Jackson Hole ranches—is nearly $300,000. Compare that with $62,483 for the average American household.

Of course, average income figures don’t give you a good picture of how much a typical resident makes, since super-rich outliers can skew the data (median figures were not released), but this list gives you a good idea of where many of America’s millionaires and billionaires hang out.

Sterling, Texas, places second on the list and carries yet another distinction—the highest average tax liability in the country. Only 600 returns were filed in the county, but the average tax owed was a whopping $97,387.

County State Average Income
Teton Wyo. $296,778
Sterling Texas $266,563
McMullen Texas $211,059
New York N.Y. $191,847
Pitkin Colo. $173,299
Fairfield Conn. $157,601
Glasscock Texas $145,031
Marin Calif. $143,333
San Mateo Calif. $143,203
Westchester N.Y. $137,695

 

Note: Dollar figures represent mean adjusted gross income for 2012, the most recent data available.

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The purpose of this disclosure is to explain how we make money without charging you for our content.

Our mission is to help people at any stage of life make smart financial decisions through research, reporting, reviews, recommendations, and tools.

Earning your trust is essential to our success, and we believe transparency is critical to creating that trust. To that end, you should know that many or all of the companies featured here are partners who advertise with us.

Our content is free because our partners pay us a referral fee if you click on links or call any of the phone numbers on our site. If you choose to interact with the content on our site, we will likely receive compensation. If you don't, we will not be compensated. Ultimately the choice is yours.

Opinions are our own and our editors and staff writers are instructed to maintain editorial integrity, but compensation along with in-depth research will determine where, how, and in what order they appear on the page.

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