Income progress has improved for younger adults in recent years compared with other cohorts

Typical real household disposable income, after housing costs, by age group and birth cohort,

1941-45

1951-55

1961-65

1971-75

1981-85

1991-95

£40k

30

20

10

0

20

25

30

35

40

45

50

55

60

65

70

75

1941-45

1951-55

1961-65

1971-75

1981-85

1991-95

£40k

30

20

10

0

20

25

30

35

40

45

50

55

60

65

70

75

Guardian graphic. Source: Resolution Foundation analysis of IFS, Households Below Average Income (1961-93); DWP, Family Resources Survey (1994-2021). Note: 1994-95 to 2001-02 data only covers GB. Figures in 2022-23 prices and are deflated using CPI, after housing costs. Figures for each cohort are derived from a weighted average of estimates by single year of age for each single birth year; cohorts are only included if all five birth years are present in the data. Data is smoothed using three-year rolling averages.