Real Mean and Median Income, Families and Individuals ...

RSF Russell Sage Foundation - Chartbook of Social Inequality

$100,000 $80,000

Real Mean and Median Income, Families and Individuals, 1947-2012, and Households, 1967-2012 (Reported in $2012).

Median Family Income Mean Family Income Median Household Income Mean Household Income Median Individual Income Mean Individual Income

$60,000

Income

$40,000

$31,886 $27,255

$20,000

$19,549 $16,069

$82,843 $71,274 $62,241 $51,017 $40,563

$26,989

$0 1940

1945

1950

1955

1960

1965

1970

1975 1980 Year

1985

1990

1995

2000

2005

2010

2015

2020

Data Source: U.S. Census Bureau. Historical Income Tables F-5, H-5, and P-4 @ .

RSF Russell Sage Foundation - Chartbook of Social Inequality

Real Household Income at Selected Percentiles, 1967-2012 (Reported in 2012 $).

$250,000

$200,000

10th Percentile 20th Percentile 50th (Median) 80th Percentile 90th Percentile 95th Percentile

$191,156

$150,000

$146,000

Income

$100,000

$114,203 $90,401 $71,167

$104,096

$50,000

$42,934

$51,017

$19,220

$0 1960

$9,797

1965

1970

1975

1980

1985 1990 Year

1995

2000

2005

$20,599 $12,236

2010 2015 2020

Data Source: DeNavas-Walt, C., B. D. Proctor, and J. C. Smith. Sept. 2013. U.S. Census Bureau, Current Population Reports, P60-245, Income, Poverty, and Health Insurance Coverage in the United States: 2012 [Table A-2].

RSF Russell Sage Foundation - Chartbook of Social Inequality

Mean Household Income of Quintiles, 1967-2012 (Reported in 2012 $).

$350,000

Bottom 20%

$300,000

Second 20% Middle 20%

Fourth 20%

$250,000

Top 20% Top 5%

$200,000

$150,000

$168,959

$318,052 $181,905

Household Income

$100,000

$107,112

$50,000

$59,519

$42,540 $26,643

$0 1960

$9,615

1965

1970

1975

1980

1985 1990 Year

1995

2000

2005

$82,098 $51,179

$29,696 $11,490

2010 2015

2020

Data Source: DeNavas-Walt, C., B. Proctor, and J. C. Smith. Sept. 2013. U.S. Census Bureau, Current Population Reports, P60-245, Income, Poverty, and Health Insurance Coverage in the United States: 2012 [Table A-2].

RSF Russell Sage Foundation - Chartbook of Social Inequality

Average After-Tax Household Income of Quintiles, 1979-2010 (Reported in $2010).

$250,000

$200,000

Lowest Quintile Second Quintile Middle Quintile Fourth Quintile Highest Quintile

$181,600

$150,000

Average After-tax Income

$100,000 $98,100

$50,000

$55,700 $42,600 $29,900

$14,800

$0 1975

1980

1985

1990

1995

2000

Year

2005

$80,100 $57,000 $39,100 $19,200

2010

2015

2020

Data Source: Congressional Budget Office. 2013. The Distribution of Household Income and Federal Taxes, 2010. [; Table 13].

RSF Russell Sage Foundation - Chartbook of Social Inequality

Percentage Change in Average After-Tax Household Income between 1979 and 2010 by Quintiles and Top Percentiles (Reported in 2010 $).

200%

202%

% Change in Average After-tax Income

150%

100%

85% 79%

67%

50%

44%

30%

31%

34%

55%

54%

0%

Lowest Second Middle Fourth Highest Quintile Quintile Quintile Quintile Quintile

All Quintiles

Quintiles and Percentiles

81st - 90th 91st - 95th 96th - 99th Top 1 Percentiles Percentiles Percentiles Percent

Data Source: Congressional Budget Office. 2013. The Distribution of Household Income and Federal Taxes, 2010 . [; Table 13].

RSF Russell Sage Foundation - Chartbook of Social Inequality

Trends in Family Income - Upper Limit of Bottom Four Income Quintiles and Lower Limit of Top 5 Percent, 1947 - 2012 (Reported in 2012 $).

$250,000

$200,000 $150,000

Bottom 20% Second 20% Third 20% Fourth 20% Lower Limit of Top 5%

$210,000

Income

$100,000

$72,583

$119,001 $76,538

$50,000 $44,223

$49,788

$31,166 $22,984 $14,243

$27,794

$0 1940 1945 1950 1955 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 2020

Year

Data Source: U.S. Census Bureau. Table F-1. Income Limits for Each Fifth and Top 5 Percent of Families, from Historical Income Tables [].

RSF Russell Sage Foundation - Chartbook of Social Inequality

Percentage Change in Family Income, 1947-1979 and 1979-2012 (Reported in 2012 $).

140%

120% 100%

80%

104.1%

108.0%

117.3%

110.8%

106.1%

Bottom 20% Second 20% Third 20% Fourth 20% Lower Limit of Top 5%

% Change in Family Income

60%

40% 20%

0% -20%

1947 - 1979

Years

40.4% 27.6%

4.2%

13.0%

-4.4%

1979 - 2012

Data Source: U.S. Census Bureau. Table F-1. Income Limits for Each Fifth and Top 5 Percent of Families, from Historical Income Tables [].

RSF Russell Sage Foundation - Chartbook of Social Inequality

Real Median Household Income by Educational Attainment of Household Head,

1991-2012 (Reported in 2012 $).

$175,000

9-12 Yrs, no HS degree

HSDiploma

$150,000

Bachelor's Degree Doctorate

Master's

$125,000

$115,605

$100,000

$90,709 $80,075

$75,000

$116,983

$92,362 $80,549

Median Income

$50,000

$46,835

$25,000

$28,829

$39,845 $23,347

$0 1990

1995

2000

2005 Year

2010

Data Source: U.S. Census Bureau. Table H-13, Educational Attainment of Householder, from Historical Income Tables [].

2015

2020

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