Median Household Income 1979-89
Below are the facts proving that after declining during the Carter years, median household income rebounded sharply during the Reagan years.
Once again comparing the proper years demonstrates that the Reagan economic expansion was indeed a "rising tide" that "lifted all boats".
| Median Household Income 1979-89 (constant 1990 dollars) |
| Year | Income |
| 1979 | $29,634 |
| 1980 | $28,091 |
| 1981 | $27,425 |
| 1982 | $27,320 |
| 1983 | $27,581 |
| 1984 | $28,197 |
| 1985 | $28,688 |
| 1986 | $29,690 |
| 1987 | $29,984 |
| 1988 | $30,079 |
| 1989 | $30,468 |
Source: American Almanac, Page 445, table 696 (1993 ed.).
Current statistics available from the Census Bureau.
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