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Figure: U.S.Marginal and Average Tax Rates
-(Figure: U.S.Marginal and Average Tax Rates)According to the tax rates shown in the figure,an individual who earns $150,000 a year has an approximate average tax rate of:

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Figure: U.S.Marginal and Average Tax Rates 
-(Figure: U.S.Marginal and Average Tax Rates)According to the tax rates shown in the figure,an individual who earns $150,000 a year has an approximate average tax rate of:

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The average tax rate is calculated by dividing the total tax paid by the total income. For an income of $150,000, the average tax rate is approximately 20%, as it takes into account the progressive nature of the tax system where different portions of income are taxed at different rates.

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