Income
Average annual family income growth, by income group, 1947–2017
| 1947-1979 | 1979-2007 | 2007-2017 | |
|---|---|---|---|
| Lowest fifth | 2.52% | 0.02% | 0.12% |
| Second fifth | 2.22% | 0.37% | 0.06% |
| Third fifth | 2.39% | 0.59% | 0.13% |
| Fourth fifth | 2.43% | 0.89% | 0.31% |
| 80th-95th percentile | 2.36% | 1.17% | 0.46% |
| Top 5 percent | 1.87% | 1.99% | 0.71% |
Note: Data are for money income. Because of a redesign in the CPS ASEC income questions in 2013, we imputed the historical series using the ratio of the old and new method in 2013.
Source: EPI analysis of Current Population Survey Annual Social and Economic Supplement Historical Income Tables (Table F-3)
Updated from: Figure 2C in The State of Working America, 12th Edition (Mishel et al. 2012), an Economic Policy Institute book published by Cornell University Press in 2012