Figure D
Average annual income growth by percentile, time period, and data set
Piketty and Saez, 1947–1979 | Piketty and Saez, 1979–2005/07 | CBO, 1979–2005/07 | |
---|---|---|---|
Average | 2.1 | 1.1 | 1.8 |
0–90 | 2.1 | 0.2 | 1.1 |
91–95 | 2.6 | 1.1 | 1.8 |
96–99 | 2.1 | 1.7 | 1.7 |
99–99.5* | 1.6 | 2.5 | 2.6 |
99.6–99.9* | 1.3 | 3.4 | 3.5 |
99.9–99.99* | 1.3 | 5.1 | 5.2 |
Top .01* | 2.2 | 6.2 | 6.0 |
* Data go from 1979 to 2005.
Note: Piketty and Saez data are for tax units; the Congressional Budget Office (CBO) data are for households.
Source: Authors' analysis of data from Piketty and Saez (2012) and Congressional Budget Office (CBO 2012)
This chart appears in:
Previous chart: « Real government expenditures in recessions and subsequent recoveries since 1948
Next chart: Household income for the broad middle class, actual and projected assuming it grew at overall average rate, 1979–2007 »