Although this is a a brilliant parody from the Onion, the premise is true. If you take look at this graph of the top 5% (comparing the top 1% to the next 4%) and this graph of Top 1% (comparing the top 0.1%, the next 0.4%, to the lower 0.5%), you can see how the richer you are the more your share of the total income in the US has increased since the 1970s.
[tags]income distribution, US income distribution, US income inequality, income inequality, onion, superrich[/tags]
Popularity: 3% [?]
Get the latest graphs and maps sent to you automatically!
Subscribe to my RSS feed or sign up for updates by email.
Here are two maps showing Britain’s wealthiest and poorest households. (Unlike some of the previous maps I have posted about the US, this map of the UK relies on assets rather than income to determine who is rich and who is poor). I found this via the BBC from a Joseph Rowntree Foundation study: Poverty and wealth across Britain 1968 to 2005 Unlike the US, there seems to be very little rural poverty in the UK.
See also: United States Poverty Map
United States Household Income Map
[tags]BBC, Britain, UK, Wealth, Poverty[/tags]
Popularity: 4% [?]
I have taken this set of bar charts from a Census report (pg 10) that uses data from the 2006 Current Population Survey. The lowest quintile is the bottom 20% poorest households with annual income less than $19,179 in 2005 while the highest quintile is the top 20% richest households with annual income more than $91,706 in 2005. Something extra that was in the report but not the bar charts: while 49.9% of all households were in the suburbs, only 39.0% of the poorest households were in the suburbs compared to 61.5% of the richest.
{Click on the image to take a closer look}
[tags]income distribution, income inequality[/tags]
Popularity: 2% [?]
The New York Times had an interactive graph that calculated income for different demographic groups. I have plotted people who dropped out of high school (bottom) with people who graduated college (top). It is important to note that the data is adjusted for inflation. What interested me is that not only has the advantages for getting a college degree increased but that the range of income for people with college degrees has increased.
[tags]income distribution, US income distribution, US income inequality, income inequality, New York Times[/tags]
Popularity: 3% [?]
In my earlier post on Sources of Income of the super rich I plotted the percentage of income that comes from wages, entrepreneurial income, dividend income, interest income, rental income, and capital gains for the Top 0.01 percent. Here I am posting the same data but this time all income sources are on the same graph.
{Click on the graph to take a closer look}
A few items that caught my attention: the decline (starting in the 1930s) of the importance of Dividend income which was replaced in part by “Entrepreneurial” income then Capitals Gains and finally in the 60s by Wages. Also in the 70s and 80s Interest income becomes more important no doubt due to the high interest rates during those decades.
The income data can be found on Emmanuel Saez’s web site.
[tags]income distribution, US income distribution, US income inequality, income inequality, capital gains, super rich[/tags]
Popularity: 4% [?]
In my earlier post I plotted the percentage of income that comes from capital gains for the Top 0.01 percent. (In 2005 it was 18% if you exclude capital gains when determining the Top 0.01 percent and 51% if you include capital gains when determining the Top 0.01 percent).
In the graphs below, I have plotted the other income sources for Top 0.01% (excluding capital gains when you rank the families). The question I am trying to answer: since most of the income was not from capital gains in the original graph, what are the sources of the unaccounted for income?
{Click on the graph to take a closer look}
The income data can be found on Emmanuel Saez’s web site.
[tags]income distribution, US income distribution, US income inequality, income inequality, super rich[/tags]
Popularity: 6% [?]
Subscribe
Email Updates
Follow me on Twitter
View