Visualizing Economics

Designer Salaries 2001-2007

Catherine — Sun, 11 May 2008 15:46:18 +0000

From Coroflot’s Design Salary Survey found via gongblog. Apparently, as an interaction designer, I am working in one of the better-paid design professions.

{Click on the image to take a closer look}

Technorati Tags: designer salaries, United States

Average Income in the United States (1913-2006)

Catherine — Sun, 04 May 2008 17:35:53 +0000

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

Income Inequality: Democratic vs Republican Administrations

Catherine — Mon, 28 Apr 2008 02:05:04 +0000

Found the top graph via Paul Krugman’s blog. It is from a paper by Larry Bartels, professor of politics and public affairs at Princeton University.

{Click on the image to take a closer look}

I found a second graph in the same paper, showing the income inequality year to year (the 80/20 ratio measures the income inequality by dividing the income earned by someone at the 80th percentile by someone at the 20th percentile). Additionally, Bartels has highlighted the years Democrats and Republicans held the White House. Like a number of graphs on my site, you can see the increase in income inequality since the early 70s.

{Click on the image to take a closer look}

Data in the graphs are calculated from the Historical Income Inequality Tables compiled by the U.S. Census Bureau.

Addendum

5/2/08 Fix my definition of 80/20 income ratio

Technorati Tags: income, United States, inequality, Bartels

InflationData.com

Catherine — Sun, 20 Apr 2008 13:02:20 +0000

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)

Does Higher Income Increases Happiness?

Catherine — Fri, 18 Apr 2008 01:41:33 +0000

From the New York Times

Technorati Tags: Happiness, United States, Income

Top 400 Taxpayers: Sources of Income 1992-2005

Catherine — Sun, 06 Apr 2008 17:13:36 +0000

This graph shows the different types of income of the “Top 400″ from 1992-2005. Number one source of income is Capital Gains, which accounts for more than 50% of their income in 2005.

The “Top 400″ are the 400 tax returns with the highest adjusted gross income reported to the IRS.

{Click on the image to take a closer look}

Data from the IRS via Wall Street Journal’s Tax Report

Technorati Tags: Tax Rates, United States, Income tax, IRS

Top 400 Taxpayers: Income and Taxes Paid 1992-2005

Catherine — Mon, 31 Mar 2008 02:43:17 +0000

This graph shows the average income reported to the IRS and the average taxes paid by the top 400, i.e. the 400 taxes returns with the highest adjusted gross income from 1992-2005. This does not represent not gains in the wealth of people like Bill Gates but instead shows the annual income of the superrich reported to the IRS. They accounted for 1.15% of total income reported in 2005, more than twice as large as their 0.49% share in 1995.

{Click on the image to take a closer look}

Data from the IRS via Wall Street Journal’s Tax Report

Technorati Tags: Tax Rates, United States, Income tax, IRS

Federal Income Tax Rates by Household Income

Catherine — Sun, 23 Mar 2008 16:37:11 +0000

I updated a previous graph, comparing the effective tax rates for the Federal Individual Income and Social Insurance (payroll) by adding Excise and Corporate Income. Additionally, I added the tax rates for the Top 1%. Note: the effective tax rate increases for both individual and corporate income the higher the household’s income, while the social insurance and excise tax rate decreases.

{Click on the image to take a closer look}

Minimum household income:
Lowest Quintile $0
Second Quintile $17,900
Middle Quintile $30,500
Fourth Quintile $45,200
Highest Quintile $67,400
Top 1% $307,500

Data from Congressional Budget Office

Technorati Tags: Tax Rates, United States, Income tax, Social Security, Corporate Tax, Excise Tax

Average Income: PreTax vs AfterTax 2005

Catherine — Mon, 17 Mar 2008 00:46:15 +0000

I created this graph showing the average income for different household percentiles, comparing pretax income and aftertax income. The minimum income threshold for each percentile is noted in the graph.

{Click on the image to take a closer look}

Data from Congressional Budget Office

Technorati Tags: United States, Income tax, average income

Economagic

Catherine — Thu, 13 Mar 2008 23:48:27 +0000

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.