Estimating the U.S. Distribution of Income by Age Group and Year

How many 35-44 year olds had annual incomes between $30,000 and $40,000 in inflation-adjusted U.S. dollars in 1995? And how much did they collectively rake in?

It's answering questions like these that has led us to develop our latest tool, which keys you right into the numbers we've been running in our ongoing analysis of the shifts of income by age group in the United States between 1995 and 2005. Now, instead of squinting at our charts to try to read the data they hold, you can generate them directly!

We've initially set up our tool to look at 1995 and 2005, although we may add more years later. All dollar values have been adjusted for inflation and are expressed in 2004 U.S. dollars.

Input
Input Data	Values
Select Year of Interest	1995 2005
Select Age Range	15 to 24 25 to 34 35 to 44 45 to 54 55 to 64 65 to 74
Lower Limit of Income Range
Upper Limit of Income Range

Estimated Population and Income Data within Income Range
Calculated Results	Values
Number of Income Earners
Total Accumulated Income
Average Income of Income Earners

We did make one change from our previous analysis - our default settings are such that instead of looking at $100 intervals in the range from $0 to $95,000 in performing the total income calculation, we're now looking at $10 increments as we've streamlined the coding to speed the calculations. This change accounts for the differences from the results the tool will provide compared to what we've previously posted. Speaking of which....

Previously on Political Calculations

Presented in reverse chronological order:

• The Shifting Demographics of Age and Income
  
• Income/Age Demographic Snapshots of 1995 and 2005
  
• Raking It In: The Baby Boomers from 1995 to 2005
  
• The Distribution of Income Earners by Age Group for 1995 and 2005
  
• Changing Apples into Oranges
  
• 1995 U.S. Individual Income by Age Group Data
  
• The Distribution of Income by Age in 1995
  
• Income Distribution Percentages by Age in the U.S. (2005)
  
• Peak Earning Years for U.S. Individuals (2005)
  
• The Distribution of Income by Age in the U.S. (2005)
  
• Generations