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Change in household income, as reported by CBO comprehensive income data and CPS money income data, by income group, 1979–2007

Source: Authors' analysis of Congressional Budget Office (2010) and Current Population Survey Annual Social and Economic Supplement, Historical Income Tables (Table F-3)

Updated June 19, 2012

Documentation and methodology

Underlying data are from Congressional Budget Office Average Federal Taxes by Income Group report, “Sources of Income for All Households, by Household Income Category, 1979 to 2007” [Excel spreadsheet], and Current Population Survey Annual Social and Economic Supplement Historical Income Tables, Table F-3, “Mean Income received by each fifth and top 5 percent of all families, 1966–2010.” Percentage change of household income is calculated between the years 1979 and 2007. Note that this publicly available CBO dataset is rounded, and produces slightly different income dollar values than the unpublished, unrounded CBO data underlying tables 2.13 and 2.16. Data are inflated to 2011 dollars using the CPI-U-RS, and then indexed to 1979=0.

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