Income Inequality In America Graph

Focusing on private income such as earnings and dividends plus cash government benefits we see that the income of families near the top increased roughly 90 percent from 1963 to 2016 while the income of families at the bottom.

Income inequality in america graph. Income inequality may be measured in a number of ways but no matter the measure economic inequality in the u s. Income inequality is often represented in a statistical form measuring percentage of incomes for different groups vs the entire population. Hover over each line to identify household income and click through to see the percentage growth over the past 40 years. Is seen to be on the rise.

For example an economy policy institute epi survey in the us in 2015 revealed that a family in the top 1 percent nationally received on average 26 3 times as much income as a family in the bottom 99. Income disparities are so pronounced that america s top 10 percent now average more than nine times as much income as the bottom 90 percent according to data analyzed by uc berkeley economist emmanuel saez. Income inequality can worsen wealth inequality because the income people have available to save and invest matters. The text of the report includes a summary table of the major income distribution measures.

The 90th percentile to the income at the threshold of the bottom 10. Here s the story of income inequality in america over the past 40 years.