Visualizing Net Annual Income in #America. In 2019,economic inequality in the #U.S. reached its highest level in more than half a century.However,the #WorldEconomicForum recently warned that income inequality could worsen as a result of the coronavirus crisis.Our latest visualization provides a snapshot of economic inequality in the U.S. prior to the outbreak by comparing the distribution of annual income in 2018.Here’s what we found: There were 168 million wage earners in the U.S. in 2018. The amount of wages paid in 2018 was $8.4 trillion. The “raw average” annual income paid out to workers in 2018 was $50,000.44. In the U.S., 67.43% of workers earned less than $50,000. The visualization draws upon 2018 annual income data from the Social Security Administration.The circle graph represents 100% of the total annual income earned in the U.S. Each slice of the circle represents the percentage of Americans whose net compensation fell within a certain interval, such as $0-$4,999 or $5,000-$9,999.The larger the slice of the circle,the higher the percentage of Americans within that net compensation range.In addition,each slice of the circle is color-coded.The shades of pink indicate lower wages,while the shades of blue and green indicate higher wages.At first glance,you can see that most of the circle is pink,corresponding with the high percentage of low-income Americans. Distribution of Annual Income in America. Less than $30,000:46.51% $30,000-$49,999:20.93% $50,000-$99,999:22.27% $100,000-$250,000:8.89% $250,000-$1,000,000:1.39% More than $1,000,000:0.09% #australia #belgium @belguim_united #bulgaria #canada #china #croatia #finland #greece #afghanistan #italy #japan #germany #norway #netherlands #philippines #poland #romania @romaniaineu #slovakia #southafrica #tajikistan #thailand #turkey #uk #usa #ussr #запад #northkorea https://www.instagram.com/p/CVaG6_ngE5g/?utm_medium=tumblr
