In 2018 the total personal income earned in the united states was 17 6 trillion. The median household income increased for the fifth consecutive year.
Now if we graph a histogram of the ssa income data it looks like this which at first glance doesn t seem that bad.
Histogram of us income distribution. Households in the top 20 of the distribution earned 51 of total household income in 2013 compared to 48 9 in 1993 an increase of 4 3. Historical income distribution for all households. Download incomes historical all pdf 16 52 kb.
In 2008 all households in the united states earned roughly 12 442 2 billion. One half 49 98 of all income in the us was earned by households with an income over 100 000 the top twenty percent. Number of households average pretax and after tax income shares of pretax and after tax income and income category minimums for all households by comprehensive household income quintile.
The actual income distribution in the united states. The share of total income among the bottom 20 of households was 3 2 in 2013 and 3 6 in 1993 a decrease of 11 1. In 2019 a little more than 53 percent of americans had an annual household income that was less than 75 000 u s.