The Average American’s Income Is Unchanged In 30 Years… While The “1%” Have Soared

In other words, median household income in the US is unchanged since 1989!

Yet while the average American’s income is unchanged in 30 years, some Americans are more equal than others, and as the following chart breaking down incomes by percentiles and quntiles shows, while most incomes remained stagnant, the incomes for the “Top 1” rose nearly 4x since the late 1980s.