Income Growth by Quintile

Income_Quintiles_1979-2009.jpg


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  • commented 2015-12-10 15:23:39 -0500
    Hey UFFE

    I believe I found the discrepancy. It seems, from the sources I can gather, that $1.2M is not the income bracket for the 1%, but the average income. In today’s dollars, the income bracket seems to be closer to $430,000 per year. Please let me know if you find anything on this. Thank you

    Love & Gratitude

    PierceD
  • commented 2015-12-08 13:13:58 -0500
    Hey UFFE!

    I am pouring through the Census.gov website, including the URL listed here, and I am not finding the data for this

    I was always under the impression that income for the 1% in the US began at about 430,000 in today’s dollars, so the idea that in 2009, it began at 1.2M seems strange to me. Unless the 1.2M refers to the growth? But that seems off to me, as well

    Please let me know how to read this – Thank you

    Love & Gratitude

    PierceD

    PS: I came across this info from the group Class Action (classism.org). That seemed relevant to say

Boston

62 Summer Street
Boston, MA 02110
(617) 423-2148

Durham

904 Broad Street
Durham, NC 27705
(919) 724-5615

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