Making the “Invisible Hand” Visible
I have updated my most popular graph Average Income in the United States. It now includes data through 2006 (in 2006$). I also added recessions from National Bureau of Economic Research
{Click on the image to take a closer look}
Data from Emmanuel Saez’s web site
Technorati Tags: Average Income, United States, Recessions
Popularity: 30% [?]
Get the latest graphs and maps sent to you automatically!
Subscribe to my RSS feed or sign up for updates by email.
Department for Work and Pensions: Statistics for Households Below Average Income and Income Inequality in the United Kingdom
Popularity: unranked [?]
Data Visualization: Modern Approaches
Smashing Magazine listed what they considered the most interesting modern approaches to data visualization as well as related articles, resources and tools.
Popularity: unranked [?]
InflationData.com has a lot of information about inflation as well as historical data for the US, including estimates for Confederate Inflation Rates (1861 - 1865)
Popularity: unranked [?]
Economagic.com: Economic Time Series Page
List of government web sites. This site also has charts and excel files which you can browse with a subscription.
Popularity: unranked [?]
Infoplease.com has a selection of data tables and articles on Poverty and Income in the United States. For example: Distribution of Household Income by Race
Popularity: unranked [?]
View
HI thanks,i was looking for this data!
Are you a student?
hey one more question
Is it per annum or monthly?
I guess it to be per annum
Is this adjusted for real inflation? NOT those silly numbers the government releases these days, but the old true inflation measurement?
Relly nice graph BTW, just would love to see it adjusted for real dollars and purchasing power.
This doesn’t look like it’s adjusted for inflation. Is there a source for that graph?
Interesting graph. FWIW, his name was Warren Harding, not Warden.
As other mentioned inflation renders these somewhat useless. Rather than being relative to USD I’d like to see the data relative to fixed commodities (gold/oil/rice/?) — since last I checked you can’t print them too easily.
Would be nice to see the same graph of median income adjusted for real dollars and purchasing power. Average income means nothing. Me and Warren Buffet had an average taxable income of 23 Million in 2006.
You sure about the average income in 1913. My great grandfather made about
100-125 a week in that era and was considered above average income. And
he was in northern New Jersey.
The Inflation Calculator
“What cost $125 in 1913 would cost $2653.76 in 2007.
Also, if you were to buy exactly the same products in 2007 and 1913,
they would cost you $125 and $6.05 respectively.”
http://www.westegg.com/inflation/infl.cgi
Agree with you Ms Siegel. However, this is a stated chart of average
national income. While my ggf enjoyed an above average annual salary
around $5000, by the inflation calculator he had the purchasing power
of $125,000 a year. Now the above chart places average national income
around 13-15,000 a year figuring in areas such as the south and midwest
which were still very agrarian. Figure seems very high for a national
compared to a regional outlook.