0 to 102 125.5 52.7 77.7 4.5 1.5 3.0 -10.1 0.7

10 to 20 408.8 131.2 280.5 8.1 3.7 4.4 -13.1 2.1

20 to 30 584.0 163.3 417.5 15.4 7.6 7.8 -15.3 3.2

30 to 40 770.7 215.7 542.2 24.6 14.0 10.6 -16.5 4.7

40 to 50 988.8 265.8 688.0 42.6 25.9 16.6 -14.6 7.0

50 to 60 1,300.5 235.2 998.0 72.7 45.9 26.8 -16.8 11.4

60 to 70 1,711.8 247.4 1,345.8 118.1 76.2 41.8 -16.5 17.1

70 to 80 2,233.1 240.9 1,806.8 179.3 117.4 61.9 -18.9 25.1

80 to 90 3,079.8 231.2 2,521.9 308.9 198.5 110.4 -22.4 40.1

90 to 100 9,018.9 242.4 5,702.9 2,846.4 1,576.4 1,270.0 -73.9 301.0

Total2 20,105.1 2,037.9 14,411.8 3,622.6 2,060.1 1,562.5 -381.5 414.4

90 to 95 2,196.4 116.8 1,755.8 301.9 194.1 107.8 -13.3 35.3

95 to 99 3,021.1 97.9 2,218.9 662.0 425.2 236.8 -23.9 66.2

99 to 99.9 1,961.1 24.7 1,136.2 748.6 408.6 340.0 -23.1 74.6

Top .1 1,840.3 3.1 592.0 1,133.9 548.5 585.4 -13.6 124.9

0 to 102 0.6 2.6 0.5 0.1 0.1 0.2 2.7 0.2

10 to 20 2.0 6.4 1.9 0.2 0.2 0.3 3.4 0.5

20 to 30 2.9 8.0 2.9 0.4 0.4 0.5 4.0 0.8

30 to 40 3.8 10.6 3.8 0.7 0.7 0.7 4.3 1.1

40 to 50 4.9 13.0 4.8 1.2 1.3 1.1 3.8 1.7

50 to 60 6.5 11.5 6.9 2.0 2.2 1.7 4.4 2.7

60 to 70 8.5 12.1 9.3 3.3 3.7 2.7 4.3 4.1

70 to 80 11.1 11.8 12.5 4.9 5.7 4.0 5.0 6.1

80 to 90 15.3 11.3 17.5 8.5 9.6 7.1 5.9 9.7

90 to 100 44.9 11.9 39.6 78.6 76.5 81.3 19.4 72.6

Total2 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0

90 to 95 10.9 5.7 12.2 8.3 9.4 6.9 3.5 8.5

95 to 99 15.0 4.8 15.4 18.3 20.6 15.2 6.3 16.0

99 to 99.9 9.8 1.2 7.9 20.7 19.8 21.8 6.0 18.0

Top .1 9.2 0.2 4.1 31.3 26.6 37.5 3.6 30.1

0 to 102 100.0 42.0 61.9 3.6 1.2 2.4 -8.1 0.6

10 to 20 100.0 32.1 68.6 2.0 0.9 1.1 -3.2 0.5

20 to 30 100.0 28.0 71.5 2.6 1.3 1.3 -2.6 0.6

30 to 40 100.0 28.0 70.4 3.2 1.8 1.4 -2.1 0.6

40 to 50 100.0 26.9 69.6 4.3 2.6 1.7 -1.5 0.7

50 to 60 100.0 18.1 76.7 5.6 3.5 2.1 -1.3 0.9

60 to 70 100.0 14.4 78.6 6.9 4.5 2.4 -1.0 1.0

70 to 80 100.0 10.8 80.9 8.0 5.3 2.8 -0.8 1.1

80 to 90 100.0 7.5 81.9 10.0 6.4 3.6 -0.7 1.3

90 to 100 100.0 2.7 63.2 31.6 17.5 14.1 -0.8 3.3

Total2 100.0 10.1 71.7 18.0 10.2 7.8 -1.9 2.1

90 to 95 100.0 5.3 79.9 13.7 8.8 4.9 -0.6 1.6

95 to 99 100.0 3.2 73.4 21.9 14.1 7.8 -0.8 2.2

99 to 99.9 100.0 1.3 57.9 38.2 20.8 17.3 -1.2 3.8

Top .1 100.0 0.2 32.2 61.6 29.8 31.8 -0.7 6.8

Department of the Treasury

Distribution of Income by Source

(2023 Income Levels)

Distribution Table: 2023 002

March 14, 2022

Positive Capital Income

Corporate 

Normal Capital Income Tax

Income

Supernormal 

Capital Income

Total Positive 

Capital Income

Negative 

Capital Income2

--- Billions of Dollars ---

--- Percent Distribution of Income Across Deciles ---

--- Percent Distribution of Income Source Within Decile ---

Department of Treasury

Adjusted 

Family Cash 

Income Decile1

Family Cash 

Income

Transfer 

Income Labor Income
1

 Cash Income consists of wages and salaries, net income from a business or farm, taxable and tax-exempt interest, dividends, rental income, realized capital 

gains, unrealized gains at death, cash and near-cash transfers from the government, retirement benefits, and employer-provided health insurance (and other 

employer benefits). Employer contributions for payroll taxes and the federal corporate income tax are added to place cash on a pre-tax basis. Families are 

placed into deciles based on cash income adjusted for family size, by dividing income by the square root of family size. 

2 Families with negative incomes are excluded from the lowest income decile but included in the total line. Families with negative income have a significant 

share of negative capital income. 

Note: Percentiles begin for an average family (2 people) at family size-adjusted cash income of: $16,683 for 10 to 20; $27,965 for 20 to 30; $40,229 for 30 to 

40; $53,914 for 40 to 50; $69,271 for 50 to 60; $87,964 for 60 to 70; $111,723 for 70 to 80; $146,167 for 80 to 90; $209,441 for 90 to 95; $293,985 for 95 to 99; 

$686,100 for 99 to 99.9 and $3,090,331 for Top .1.