Cumulative percent change in real annual wages, by wage group, 1979–2022

Year Bottom 90% 90th–95th percentile 95th–99th percentile Top 1%
1979 0.0% 0.0% 0.0% 0.0%
1980 -2.3% -1.6% -0.8% 3.8%
1981 -2.2% -1.4% 0.3% 4.1%
1982 -3.0% -0.1% 3.0% 11.2%
1983 -2.2% 2.3% 5.4% 15.6%
1984 0.3% 4.3% 8.5% 23.2%
1985 0.9% 5.3% 10.4% 25.8%
1986 2.9% 8.2% 14.3% 35.1%
1987 2.9% 7.9% 16.1% 55.1%
1988 2.5% 7.9% 18.1% 70.2%
1989 3.2% 9.5% 19.7% 66.5%
1990 2.5% 7.7% 17.9% 68.3%
1991 1.3% 16.5% 21.6% 50.2%
1992 2.3% 19.4% 24.2% 68.5%
1993 1.6% 19.4% 26.0% 63.3%
1994 3.5% 22.5% 29.4% 61.3%
1995 4.7% 24.3% 32.6% 72.8%
1996 5.1% 25.0% 34.5% 80.1%
1997 7.6% 27.9% 39.6% 96.1%
1998 12.0% 33.6% 46.8% 112.7%
1999 14.6% 36.9% 51.8% 130.5%
2000 15.5% 39.3% 56.1% 148.1%
2001 15.8% 39.7% 55.1% 126.0%
2002 16.0% 40.6% 53.8% 110.5%
2003 16.5% 41.6% 55.7% 112.3%
2004 17.4% 43.5% 58.2% 129.2%
2005 17.0% 43.8% 60.1% 138.1%
2006 18.3% 46.5% 64.7% 147.7%
2007 19.2% 48.2% 68.1% 160.8%
2008 18.5% 48.0% 66.2% 141.2%
2009 18.3% 49.0% 65.7% 118.8%
2010 17.8% 49.8% 68.5% 134.7%
2011 16.9% 50.1% 69.3% 137.6%
2012 17.3% 50.6% 71.3% 153.0%
2013 17.5% 51.1% 72.0% 141.2%
2014 19.2% 53.3% 75.6% 153.6%
2015 23.1% 58.0% 81.4% 160.6%
2016 23.8% 58.4% 81.8% 152.4%
2017 25.1% 59.5% 83.2% 162.2%
2018 27.0% 61.4% 85.7% 162.9%
2019 29.5% 64.0% 89.5% 165.0%
2020 29.4% 67.8% 95.2% 180.7%
2021 33.2% 69.6% 100.8% 217.0%
2022 32.9% 66.9% 95.5% 171.7%

Source: EPI analysis of Kopczuk, Saez, and Song, “Uncovering the American Dream: Inequality and Mobility in Social Security Earnings Data Since 1937” (2007) and Social Security Administration wage statistics.

View the underlying data on epi.org.