Even though incomes declined during the Carter years, and the Reagan expansion was only midway through in 1986, vast strides in income gains had been made from 1982-6. As the table below demonstrates, everyone got richer during the Reagan expansion.

See also the section on incomes.

Notes: 1991 dollars
Source: "Incomes and Social Mobility", The Right Data, page 267.

Average Family Income of 1977 Quintile Members in 1986
1977 Quintile	1977	1986	% Change
Bottom 20%	15,853	27,998	77
Second 20%	31,349	43,041	37
Third 20%	43,297	51,796	20
Fourth 20%	57,486	63,314	10
Fifth 20%	92,531	97,140	5