Per capita inflation-adjusted income, after taxes and before transfers, 1960–2024
| Year | Per capita real after tax before transfers income | Per capita real after tax before transfers income (with 3% GDP tax) | Per capita real after tax before transfers income (projected) |
|---|---|---|---|
| 1960 | $10849.82 | ||
| 1961 | 10982.72 | ||
| 1962 | 11494.28 | ||
| 1963 | 11780.58 | ||
| 1964 | 12550.36 | ||
| 1965 | 13322.79 | ||
| 1966 | 13967.50 | ||
| 1967 | 14191.52 | ||
| 1968 | 14529.09 | ||
| 1969 | 14691.01 | ||
| 1970 | 14792.36 | ||
| 1971 | 15352.05 | ||
| 1972 | 16153.26 | ||
| 1973 | 16949.07 | ||
| 1974 | 16118.29 | ||
| 1975 | 16196.39 | ||
| 1976 | 16777.68 | ||
| 1977 | 17395.64 | ||
| 1978 | 18141.84 | ||
| 1979 | 18140.53 | ||
| 1980 | 17354.63 | ||
| 1981 | 17452.42 | ||
| 1982 | 17450.32 | ||
| 1983 | 17990.86 | ||
| 1984 | 19428.68 | ||
| 1985 | 19762.45 | ||
| 1986 | 19961.45 | ||
| 1987 | 20374.47 | ||
| 1988 | 21294.62 | ||
| 1989 | 21345.09 | ||
| 1990 | 21319.93 | ||
| 1991 | 20982.48 | ||
| 1992 | 21486.14 | ||
| 1993 | 21614.57 | ||
| 1994 | 22218.25 | ||
| 1995 | 22722.57 | ||
| 1996 | 23348.12 | ||
| 1997 | 24225.92 | ||
| 1998 | 25326.55 | ||
| 1999 | 26172.45 | ||
| 2000 | 26279.70 | ||
| 2001 | 26800.05 | ||
| 2002 | 27733.05 | ||
| 2003 | 28443.66 | ||
| 2004 | 29390.83 | ||
| 2005 | 29683.34 | ||
| 2006 | 30423.23 | ||
| 2007 | 29947.97 | ||
| 2008 | 29519.71 | ||
| 2009 | 29418.64 | ||
| 2010 | 30121.29 | ||
| 2011 | 30516.72 | ||
| 2012 | 31371.86 | ||
| 2013 | 31235.65 | ||
| 2014 | 31043.21 | 31043.21 | |
| 2015 | 31108.18 | 31416.53 | |
| 2016 | 31638.45 | 32271.82 | |
| 2017 | 31940.04 | 32911.21 | |
| 2018 | 32123.63 | 33439.54 | |
| 2019 | 32291.87 | 33961.80 | |
| 2020 | 32748.06 | 34442.79 | |
| 2021 | 33209.15 | 34928.21 | |
| 2022 | 33639.00 | 35381.96 | |
| 2023 | 34045.90 | 35812.14 | |
| 2024 | 34437.84 | 36226.62 |
Note: The top dotted line is CBO's baseline projection under the assumption that the tax code does not change after 2014 and temporary tax provisions expire as scheduled. The bottom dotted line is CBO's projection under the author's assumption that a 3- percent- of- GDP tax hike is phased in over three years beginning in 2015.
Source: EPI calculations of data from Bureau of Economic Analysis (BEA) NIPA table 2.1 data and CBO 2014a