Table 1

Change in annual wages, by wage group, 1979–2016

Percent change Percent change
Average annual wages (2016 dollars)  Long-term Great Recession
Wage group 1979 2007 2009 2015 2016 1979-2007 1979-2016 2007-09 2009-16 2015–16 2007-16
Bottom 90% $28,919 $33,738 $33,533 $34,916 $35,083 16.7% 21.3% -0.6% 4.6% 0.5% 4.0%
Top 90th to 99th $94,590 $137,465 $137,107 $148,105 $148,384 45.3% 56.9% -0.3% 8.2% 0.2% 7.9%
90%-95% $80,211 $107,535 $108,541 $115,049 $115,337 34.1% 43.8% 0.9% 6.3% 0.3% 7.3%
95%-99% $112,563 $174,877 $172,815 $189,425 $189,694 55.4% 68.5% -1.2% 9.8% 0.1% 8.5%
Upper 5% $144,618 $279,689 $256,204 $291,614 $287,427 93.4% 98.7% -8.4% 12.2% -1.4% 2.8%
Upper 1% $272,836 $698,935 $589,760 $700,368 $678,359 156.2% 148.6% -15.6% 15.0% -3.1% -2.9%
99.0%–99.9% $235,646 $464,402 $424,716 $481,973 $476,156 97.1% 102.1% -8.5% 12.1% -1.2% 2.5%
99.9% -100% $607,544 $2,809,731 $2,075,160 $2,665,919 $2,498,192 362.5% 311.2% -26.1% 20.4% -6.3% -11.1%
Average $37,273 $49,725 $48,417 $51,757 $51,713 33.4% 38.7% -2.6% 6.8% -0.1% 4.0%

Source: EPI analysis of Kopczuk, Saez and Song (2010) and Social Security Administration wage statistics

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