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Graph and download economic data for Share of Net Worth Held by the Top 0.1% (99.9th to 100th Wealth Percentiles) (WFRBSTP1300) from Q3 1989 to Q1 2025 about shares, net worth, wealth, percentile, Net, and USA.
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Graph and download economic data for Minimum Wealth Cutoff for the 50th to 90th Wealth Percentiles (WFRBLN40302) from Q3 1989 to Q3 2022 about wealth, percentile, and USA.
In the third quarter of 2024, the top ten percent of earners in the United States held over ** percent of total wealth. This is fairly consistent with the second quarter of 2024. Comparatively, the wealth of the bottom ** percent of earners has been slowly increasing since the start of the *****, though remains low. Wealth distribution in the United States by generation can be found here.
In the first quarter of 2024, almost two-thirds percent of the total wealth in the United States was owned by the top 10 percent of earners. In comparison, the lowest 50 percent of earners only owned 2.5 percent of the total wealth. Income inequality in the U.S. Despite the idea that the United States is a country where hard work and pulling yourself up by your bootstraps will inevitably lead to success, this is often not the case. In 2023, 7.4 percent of U.S. households had an annual income under 15,000 U.S. dollars. With such a small percentage of people in the United States owning such a vast majority of the country’s wealth, the gap between the rich and poor in America remains stark. The top one percent The United States follows closely behind China as the country with the most billionaires in the world. Elon Musk alone held around 219 billion U.S. dollars in 2022. Over the past 50 years, the CEO-to-worker compensation ratio has exploded, causing the gap between rich and poor to grow, with some economists theorizing that this gap is the largest it has been since right before the Great Depression.
In the first quarter of 2021, the top one percent in the U.S. owned 53.5 percent of all stocks and mutual funds, while the bottom 90 percent owned 11.4 percent. However, 74.8 percent of total debt was owed by the bottom 90 percent, compared to the five percent of debt owed by the top one percent.
In 2023, just over 50 percent of Americans had an annual household income that was less than 75,000 U.S. dollars. The median household income was 80,610 U.S. dollars in 2023. Income and wealth in the United States After the economic recession in 2009, income inequality in the U.S. is more prominent across many metropolitan areas. The Northeast region is regarded as one of the wealthiest in the country. Maryland, New Jersey, and Massachusetts were among the states with the highest median household income in 2020. In terms of income by race and ethnicity, the average income of Asian households was 94,903 U.S. dollars in 2020, while the median income for Black households was around half of that figure. What is the U.S. poverty threshold? The U.S. Census Bureau annually updates its list of poverty levels. Preliminary estimates show that the average poverty threshold for a family of four people was 26,500 U.S. dollars in 2021, which is around 100 U.S. dollars less than the previous year. There were an estimated 37.9 million people in poverty across the United States in 2021, which was around 11.6 percent of the population. Approximately 19.5 percent of those in poverty were Black, while 8.2 percent were white.
In 2023, around 10.3 percent of U.S. private households had an annual income between 35,000 and 49,999 U.S. dollars in the United States. Income levels between 100,000 to 149,999 U.S. dollars made up the largest share of the population at 16.5 percent in 2023.
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Graph and download economic data for Household Count in the 50th to 90th Wealth Percentiles (WFRBLN40301) from Q3 1989 to Q1 2025 about wealth, percentile, households, and USA.
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Graph and download economic data for Minimum Wealth Cutoff for the Top 0.1% (99.9th to 100th Wealth Percentiles) (WFRBLTP1311) from Q3 1989 to Q3 2022 about wealth, percentile, and USA.
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Graph and download economic data for Net Worth Held by the Bottom 50% (1st to 50th Wealth Percentiles) (WFRBLB50107) from Q3 1989 to Q1 2025 about net worth, wealth, percentile, Net, and USA.
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Graph and download economic data for Household Count in the Top 0.1% (99.9th to 100th Wealth Percentiles) (WFRBLTP1310) from Q3 1989 to Q1 2025 about wealth, percentile, households, and USA.
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Graph and download economic data for Net Worth Held by the 99th to 99.9th Wealth Percentiles (WFRBL99T999219) from Q3 1989 to Q1 2025 about net worth, wealth, percentile, Net, and USA.
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Graph and download economic data for Share of Net Worth Held by the 90th to 99th Wealth Percentiles (WFRBSN09161) from Q3 1989 to Q4 2024 about net worth, wealth, percentile, Net, and USA.
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Graph and download economic data for Share of Real Estate Held by the Top 1% (99th to 100th Wealth Percentiles) (WFRBST01110) from Q3 1989 to Q1 2025 about wealth, percentile, real estate, and USA.
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Graph and download economic data for Financial Assets Held by the 50th to 90th Wealth Percentiles (WFRBLN40058) from Q3 1989 to Q1 2025 about wealth, percentile, financial, assets, and USA.
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Graph and download economic data for Share of Total Assets Held by the 90th to 99th Wealth Percentiles (WFRBSN09135) from Q3 1989 to Q1 2025 about wealth, percentile, assets, and USA.
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Graph and download economic data for Household Count in the Bottom 50% (1st to 50th Wealth Percentiles) (WFRBLB50300) from Q3 1989 to Q1 2025 about 1 to 49, wealth, percentile, households, and USA.
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Graph and download economic data for Share of Total Liabilities Held by the 90th to 99th Wealth Percentiles (WFRBSN09154) from Q3 1989 to Q1 2025 about wealth, percentile, liabilities, and USA.
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Graph and download economic data for Share of Total Assets Held by the Top 1% (99th to 100th Wealth Percentiles) (WFRBST01108) from Q3 1989 to Q1 2025 about wealth, percentile, assets, and USA.
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Graph and download economic data for Money Market Fund Shares Held by the Top 0.1% (99.9th to 100th Wealth Percentiles) (WFRBLTP1244) from Q3 1989 to Q1 2025 about shares, MMMF, wealth, percentile, and USA.
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Graph and download economic data for Share of Net Worth Held by the Top 0.1% (99.9th to 100th Wealth Percentiles) (WFRBSTP1300) from Q3 1989 to Q1 2025 about shares, net worth, wealth, percentile, Net, and USA.