Using data from the Census Bureau, Visual Capitalist charted the share of US households by annual income bracket between 1967 and 2023. The figures are in 2023 dollars and are adjusted for inflation, but not for differences in the cost of living.

In 1967, almost a third of American households earned less than $35,000 a year. By 2023, the share of households on the same income had dropped to 21 percent.

Back in the late '60s, the median household made $54,000 annually, while the average income was $60,000. Now, the country's median and average incomes stand at around $81,000 and $115,000, respectively.

Americans are making more money today than ever before. As of 2023, 15 percent of US households see incomes of more than $200,000 — while in 1967, just two percent of households fell into this bracket.

While this chart illustrates the dramatic increase in American income over nearly six decades, it doesn't show how drastically the cost of goods and services have also grown across the same period. Home prices, for example, are now almost five times the median US income, compared to around only three times back in 1967.

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Via Visual Capitalist.