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Full-Text Articles in Income Distribution
The Concentration Of Household Income In The United States By Race/Ethnicity, 1967 - 2018, Laird W. Bergad
The Concentration Of Household Income In The United States By Race/Ethnicity, 1967 - 2018, Laird W. Bergad
Center for Latin American, Caribbean, and Latino Studies
Introduction: This report studies income distribution in the United States between 1967 and 2018 by race and ethnicity.
Methods: The data were derived from the US Census Bureau's Historical Income Tables: Income Inequality
Results: The upper 5% of households controlled 17% of total household income in 1967 and 23% in 2018. The upper 20% of households accounted for 44% of all income in 1967 and 52% in 2018. Economic growth, which has been impressive in the period under consideration, did not result in rising household incomes across the social hierarchy. Between 1967 and 2018 the upper 5% of income-earning households …