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.

THE TRUTH...

is the first thing despots go after. An unwavering commitment to it is probably what draws you to Mother Jones' journalism. And as we're seeing in the US and the world around, authoritarians seek to poison the discourse and the way we relate to each other because they can't stand people coming together around a shared sense of the truth—it's a huge threat to them.

Which is also a pretty great way to describe Mother Jones' mission: People coming together around the truth to hold power accountable.

And right now, we need to raise about $400,000 from our online readers over the next two months to hit our annual goal and make good on that mission. Read more about the information war we find ourselves in and how people-powered, independent reporting can and must rise to the challenge—and please support our team's truth-telling journalism with a donation if you can right now.

payment methods

THE TRUTH...

is the first thing despots go after. An unwavering commitment to it is probably what draws you to Mother Jones' journalism. And as we're seeing in the US and the world around, authoritarians seek to poison the discourse and the way we relate to each other because they can't stand people coming together around a shared sense of the truth—it's a huge threat to them.

Which is also a pretty great way to describe Mother Jones' mission: People coming together around the truth to hold power accountable.

And right now, we need to raise about $400,000 from our online readers over the next two months to hit our annual goal and make good on that mission. Read more about the information war we find ourselves in and how people-powered, independent reporting can and must rise to the challenge—and please support our team's truth-telling journalism with a donation if you can right now.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly 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