Income

78 posts
Who Earns More Income in American Households?

A look at the shift in male-female partner households since 1970. Read More

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Mortgages in terms of years of working life

Buying a house is often confusing and complex, compounded by a dollar sign followed by too many commas and zeros. So John Nelson broke it down to something more simple. How many annual salaries would it take to buy a house? He applied it to his own family situation and then expanded it to the country on a county level. Of course that’s not how mortgages actually work. It’s much...

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Shifting Incomes for Young People

Compare incomes for young people from the Millennial generation and the baby boomer generation. Read More

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What $100 buys in each state

A hundred bucks in one state doesn’t always get you the same thing in another. Using calculations by the Bureau of Economic Analysis, here’s a state map from The New York Times that shows the relative purchasing power in each state. To better understand, imagine a store offering a range of goods and services, each for sale at the national-average price for that particular item. Now, imagine a shopping cart...

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Rise in income for the poor and middle class

We know that income increased by a lot in 2015, but for who? If it’s just the rich getting richer, then the rise doesn’t mean much for a lot of people, but as Quoctrung Bui for the Upshot points out, this was not the case. Real median incomes rose 5.2 percent in 2015 — phenomenal growth by economic standards. And 3.5 million people moved out of poverty. But more important,...

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Increased Income Across All Groups

But not every group's median income increased by the same amount. Read More

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Distributions of Annual Income

For various occupations, the difference between the person who makes the most and the one who makes the least can be significant. Read More

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Who Earned a Higher Salary Than You

Work changed over the years. Salaries changed over the years. I was curious. If you compared your personal income from present day, how would it compare to the distribution of salaries in previous decades? Luckily, the Census Bureau collects the data to find out, and IPUMS, maintained by the University of Minnesota, makes the anonymized records more straightforward to use. So I figured out the percentage thresholds — salaries that...

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Who Earned a Higher Salary Than You

Work changed over the years. Salaries changed over the years. I was curious. If you compared your personal income from present day, how would it compare to the distribution of salaries in previous decades? Luckily, the Census Bureau collects the data to find out, and IPUMS, maintained by the University of Minnesota, makes the anonymized records more straightforward to use. So I figured out the percentage thresholds — salaries that...

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Compare your curve to reality for income versus college attendance

Those who grow up in poorer families are less likely to go to college, and those who grow up in richer families are more likely. The question is: How much does the likelihood of college attendance increase as family income increases? Gregor Aisch, Amanda Cox, and Kevin Quealy for the Upshot ask you this question. Draw a curve on a blank chart, and then compare your guess to reality and...

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