Table 2.2
Average household income, by income group,1947–2014 (2015 dollars)
| Real money income, by fifth | Breakdown of top fifth | ||||||
|---|---|---|---|---|---|---|---|
| Year | Bottom | Second | Middle | Fourth | Top | 80th– < 95th percentile | Top 5 percent |
| 1967 | $9,930 | $27,515 | $43,933 | $61,466 | $110,617 | $89,326 | $174,487 |
| 1979 | $12,205 | $30,358 | $50,051 | $73,448 | $131,815 | $108,743 | $201,031 |
| 1989 | $12,913 | $32,129 | $53,408 | $80,786 | $157,922 | $125,513 | $255,147 |
| 1995 | $12,899 | $31,527 | $52,716 | $81,036 | $169,110 | $128,194 | $291,860 |
| 2000 | $13,980 | $34,906 | $58,130 | $90,366 | $195,822 | $145,293 | $347,407 |
| 2007 | $13,205 | $33,659 | $57,126 | $90,444 | $192,032 | $146,599 | $328,331 |
| 2014 | $11,691 | $31,126 | $54,108 | $87,943 | $194,295 | $148,139 | $332,761 |
| Average annual change | |||||||
| 1967–1979 | 1.7% | 0.8% | 1.1% | 1.5% | 1.5% | 1.7% | 1.2% |
| 1979–1989 | 0.6% | 0.6% | 0.7% | 1.0% | 1.8% | 1.4% | 2.4% |
| 1989–1995 | 0.0% | -0.3% | -0.2% | 0.1% | 1.1% | 0.4% | 2.3% |
| 1995–2000 | 1.6% | 2.1% | 2.0% | 2.2% | 3.0% | 2.5% | 3.5% |
| 2000–2007 | -0.8% | -0.5% | -0.2% | 0.0% | -0.3% | 0.1% | -0.8% |
| 1979-2007 | 0.3% | 0.4% | 0.5% | 0.7% | 1.4% | 1.1% | 1.8% |
| 2007–2014 | -1.7% | -1.1% | -0.8% | -0.4% | 0.2% | 0.1% | 0.2% |
Note: Data are for money income.
Source: Authors' analysis of Current Population Survey, Annual Social and Economic Supplement Historical Income Tables (Tables H-2, H-3, H-5)
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