Building an Economy that Works for Everyone

Chart: Just 1 in 100 Americans pocket nearly 20% of the U.S.’s entire income

income distribution in the united states

New data is now available from top income researchers Thomas Piketty and Emmanuel Saez. The data show that for 2011, 90 out of 100 Americans earned just half of the income in the United States. The other half was shared among the top 10% – with the plurality being funneled directly to the top 1%.

In 2011, the top 1% enjoyed average incomes in excess of $1 million – while the bottom 90% averaged just over $30,000. However, it’s worth noting the rich aren’t gaining nearly as fast as the ultra-rich. In 2011, the top 0.01% pulled down an average of more than $24 million per earner.

Interactive charts here

  • Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

More To Read

May 2, 2024

Baby Bonds: A Step Toward Racial and Economic Equity

The Washington Future Fund would bring this innovative, anti-racist policy to the Evergreen State

May 1, 2024

Laws Targeting LGBTQ Youth Aren’t Just Bad for Kids – They’re Bad For The Economy

The harm done by anti-LGBTQ laws expands so much further than queer children and teens

April 26, 2024

What is WA Cares and Why Does It Matter for Washingtonians?

We need to defend this important policy from billionaires looking to save a buck