Charts of the Day: Income Growth in 2018

Oh glorious day! The Census Bureau has finally released its income figures for 2018. These are not the most comprehensive income estimates around, but they’re good measures of basic money income and they use CPI-RS-U, a good measure of inflation, to show real income over the years. Here’s the basic data going through 2018:

Incomes continued to increase in 2018, but the rate of growth slowed down to a bit less than 1 percent. This is yet another sign that our current economic expansion may be running out of steam.

There are plenty of other things in the Census data, one of which I’ll get to later, but it’s useful right away to break this down by sex:

Interestingly, personal income for men was up only slightly, by 0.6 percent. However, personal income for women remained strong, growing at 4.0 percent. Over the past four years, men’s income has grown 2.3 percent per year while women’s income has grown 3.3 percent per year.

FACT:

Mother Jones was founded as a nonprofit in 1976 because we knew corporations and the wealthy wouldn't fund the type of hard-hitting journalism we set out to do.

Today, reader support makes up about two-thirds of our budget, allows us to dig deep on stories that matter, and lets us keep our reporting free for everyone. If you value what you get from Mother Jones, please join us with a tax-deductible donation today so we can keep on doing the type of journalism 2019 demands.

We Recommend

Latest

Sign up for our newsletters

Subscribe and we'll send Mother Jones straight to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate

We have a new comment system! We are now using Coral, from Vox Media, for comments on all new articles. We'd love your feedback.