ADDED NEW VERSION 2/10/2009
Recently the CBO published a supplement to their Historical Effective Federal Tax Rates: 1979 to 2005 report to include a breakdown of top 1% into smaller percentiles. I took the data for income and created this visualization. It is comparing the minimum income for each percentile to the average income in that percentile.
UPDATED VERSION {Click on the image to take a closer look}
ORIGINAL VERSION {Click on the image to take a closer look}
Data from Congressional Budget Office
[tags]United States, High Income[/tags]
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Neat graph. I think it should be reversed left-to-right, and the average income put in the middle of the bar (only really relevant for the highest two segments). The bar could use its width to denote “number of households”; then the area of the bar could be a comparative measure of the total income of that group.
I’ve been reading Tufte, so these things jump out at me now =)
AT first I didn’t understand it until I realized that that last bit of punctuation in each number was a comma, not a decimal point. The lower figure on the minimum income for the topmost income bracket is missing a 0. It should be 8,579,000, yes?
Great, awesome work, but could you substitute is by income pyramid, it would be much better understood.
Your graphically-statistical-art-work on
the Visualization of Global Economics 1500 AD – 2000 AD tread is here
http://www.perfecteconomy.com/f/viewtopic.php?f=22&t=382&p=1004#p1004
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I didn’t realize that bottom edge of the top 1% was $126,000. However since the bottom edge of the top 0.1% one can almost feel the pain of the top bankers who will be limited to a mere $500,000.
Here is my blog comment on the above graph.
http://feldsparia.blogspot.com/2009/02/bottom-of-top-1-of-us-households-not.html