"Figure 3: Growth in income was slower when those born in the 1980s were aged 25 to 34 compared with older generations at the same age","" "Average annual growth in median equivalised disposable income for each decade of birth, by age of household reference person, UK","" "","" "Notes","1. Each bar on the chart represents a decade of birth. For example, 1920s means someone born 1st January 1920 to 31st December 1929. 2. Data are from the Living Costs and Food Survey 1978 to financial year ending March 2018, except 1979, 1981 and 1984. 3. Incomes are adjusted for inflation using the Consumer Prices Index including owner occupiers’ housing costs (CPIH) excluding Council Tax. 4. Incomes are equivalised using the modified Organisation for Economic Co-operation and Development (OECD) equivalisation scale. 5. The 1950s birth decade in the 20 to 24 years age group does not include anyone aged 20 years." "Unit","Percentage" "","" "","1920s","1930s","1940s","1950s","1960s","1970s","1980s","1990s" "20 to 24","","","","4.4","9.6","14.8","12.6","13.3" "25 to 34","","","","1.7","2.4","2.3","1.5","" "35 to 44","","","3.7","3.4","2.0","0.5","","" "45 to 54","","3.1","2.9","2.0","1.6","","","" "55 to 64","0.9","-0.3","-1.0","-0.6","","","","" "65+","0.9","0.4","-0.7","","","","",""