After years of stagnation, median household income reached a record high in 2016 following two consecutive years of record growth. Income inequality remains at record highs however, with the top fifth of earners taking home more than half of all overall income. The rise in the share of total annual income received by the top one percent, which has more than doubled from nine percent in 1976 to 20 percent in 2011, has significantly affected income inequality, leaving the United States with one of the widest income distributions among OECD members. The extent and relevance of income inequality is a matter of debate.