Figure E

Household income for the broad middle class, actual and projected assuming it grew at overall average rate, 1979–2007

 Year Actual Projected
1979 $60714 $60714
1980 $58732.64 $58855.12
1981 $58384.47 $58638.72
1982 $57315.84 $58452.08
1983 $56369.14 $58858.63
1984 $59640.16 $61965.16
1985 $59771.71 $62928.76
1986 $61559.08 $67679.99
1987 $60628.18 $65471.77
1988 $61439.69 $68299.36
1989 $62293.88 $68904.05
1990 $62520.53 $68244.5
1991 $61589.53 $66612.67
1992 $61979.35 $68436.4
1993 $62702.69 $68834.39
1994 $63091.57 $69660.42
1995 $65054.18 $72338.97
1996 $65769.78 $74795.34
1997 $66911.57 $77662.68
1998 $69113.65 $81250.76
1999 $70948.66 $84688.06
2000 $70731.34 $86063.02
2001 $70771.07 $81558.64
2002 $69163 $78177.02
2003 $69349.78 $79418.73
2004 $71651.95 $84002.48
2005 $72760.86 $88145.3
2006 $73381.6 $90812.04
2007 $75411.56 $93276.63
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Note: Data are for comprehensive income, and cover between the 20th and 80th percentiles of the income distribution.

Source: Authors' analysis of Congressional Budget Office (2012)

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