By Mark Perry The Census Bureau released its annual report yesterday on “Income and Poverty in the United States” with lots of updated data on household income and household demographics. Based on those new data, I present my annual post titled “Explaining Income Inequality by Household Demographics” (see my previous versions of this analysis for years 2013, 2014, 2015, 2016 and 2017).
Most of the discussion on income inequality focuses on the relative differences over time between low-income and high-income American households. But it’s also informative to analyze the demographic differences among income groups at a given point in time to answer questions like:
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Source:: Marc Thiessen