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Inflation adjusted income has risen pretty consistently. The stat people sometimes cite for that is household income which has more to do with changes in average household size rather than changes in wages


Real disposable personal income per capita (which accounts for government transfers & subsidies, hence the big Covid spike) has also been on a steady incline.

https://fred.stlouisfed.org/series/A229RX0

Median household income has doubled since only 1994.

https://www.statista.com/statistics/200838/median-household-...


Does that also hold up for the bottom quintile?




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