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In at least one sense, the shift represents economic progress: While the share of U. 1971 to 2015, the share in the upper-income tier grew more. Over the same period, however, the nation’s aggregate household income has substantially shifted from middle-income to upper-income households, driven by the growing size of the upper-income tier and more rapid gains in income at the top.
And middle-income Americans have fallen further behind financially in the new century. Meanwhile, the far edges of the income spectrum have shown the most growth. At the same time, the shares of adults in the lower-middle or upper-middle income tiers were nearly unchanged.
These findings emerge from a new Pew Research Center analysis of data from the U.
Census Bureau and the Federal Reserve Board of Governors.