Graph and download economic data for Households; Net Worth, Level (BOGZ1FL192090005Q) from Q4 1987 to Q4 2024 about net worth, Net, households, and USA.

The average net worth of families in the United States increased nearly twofold between 1989 and 2007, when it reached 687,000 U.S. dollars. Following the financial crisis of 2008, the average net worth of Americans families dropped to 580,000 U.S. in 2013. In the following years, American families' net worth started increasing again, reaching a value of nearly 750,000 U.S. dollars.

Graph and download economic data for Net Worth Held by the Top 0.1% (99.9th to 100th Wealth Percentiles) (WFRBLTP1246) from Q3 1989 to Q4 2024 about net worth, wealth, percentile, Net, and USA.

This statistic shows the median net worth by in U.S. households by age of householder in 2011. The net worth describes personal assets minus debt. Median denotes the midpoint of a group—in this case the point at which 50 percent of the households have more wealth and 50 percent have less. In 2011, the median net worth of people aged younger than 35 was 6,676 U.S. dollars. This is much less than the median net worth of all householders, which is at approximately 69,000 U.S. dollars.

This statistic shows the median net worth of families in the United States from 1983 to 2013, by income tier. In 2013, middle class families had a median net worth of about 98,057 U.S. dollars.

This study defined middle class income households as those with an income between 67 and 200 percent of the U.S. median household income, after adjustment for household size. In 2014, the middle class income ranged from about 42,000 U.S. dollars to about 126,000 U.S. dollars per year for a three-person household.

Graph and download economic data for Net Worth Held by the Bottom 50% (1st to 50th Wealth Percentiles) (WFRBLB50107) from Q3 1989 to Q4 2024 about net worth, wealth, percentile, Net, and USA.

This statistic shows the median household wealth in the United States in 2016, by race. In 2016, the median Black household wealth was 17,600 U.S. dollars.

Graph and download economic data for Minimum Wealth Cutoff for the 90th to 99th Wealth Percentiles (WFRBLN09304) from Q3 1989 to Q3 2022 about wealth, percentile, and USA.

This statistic shows a comparison of the median net worth of U.S. households in 1984 and 2009 for two age groups: young families, where the householder is younger than 35, and mostly retired households, where the householder is 65 or older. The median net worth of young households has decreased from 11,521 U.S. dollars in 1984 to 3,662 U.S. dollars in 2009.

United States US: General Government: Net Worth data was reported at -4,998.205 USD bn in 2017. This records an increase from the previous number of -5,108.220 USD bn for 2016. United States US: General Government: Net Worth data is updated yearly, averaging -775.727 USD bn from Dec 2001 (Median) to 2017, with 17 observations. The data reached an all-time high of 2,008.897 USD bn in 2007 and a record low of -5,108.220 USD bn in 2016. United States US: General Government: Net Worth data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s USA – Table US.IMF.IFS: Government Finance: Balance Sheet: Annual.

About this dataset

Context

The dataset presents median household incomes for various household sizes in United States, as reported by the U.S. Census Bureau. The dataset highlights the variation in median household income with the size of the family unit, offering valuable insights into economic trends and disparities within different household sizes, aiding in data analysis and decision-making.

Key observations

• Of the 7 household sizes (1 person to 7-or-more person households) reported by the census bureau, all of the household sizes were found in United States. Across the different household sizes in United States the mean income is $94,149, and the standard deviation is $26,829. The coefficient of variation (CV) is 28.50%. This high CV indicates high relative variability, suggesting that the incomes vary significantly across different sizes of households.
• In the most recent year, 2021, The smallest household size for which the bureau reported a median household income was 1-person households, with an income of $38,463. It then further increased to $114,329 for 7-person households, the largest household size for which the bureau reported a median household income.

https://i.neilsberg.com/ch/united-states-median-household-income-by-household-size.jpeg" alt="United States median household income, by household size (in 2022 inflation-adjusted dollars)">

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Household Sizes:

• 1-person households
• 2-person households
• 3-person households
• 4-person households
• 5-person households
• 6-person households
• 7-or-more-person households

Variables / Data Columns

• Household Size: This column showcases 7 household sizes ranging from 1-person households to 7-or-more-person households (As mentioned above).
• Median Household Income: Median household income, in 2022 inflation-adjusted dollars for the specific household size.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for United States median household income. You can refer the same here

In 2023, roughly 1.49 billion adults worldwide had a net worth of less than 10,000 U.S. dollars. By comparison, 58 million adults had a net worth of more than one million U.S. dollars in the same year. Wealth distribution The distribution of wealth is an indicator of economic inequality. The United Nations says that wealth includes the sum of natural, human, and physical assets. Wealth is not synonymous with income, however, because having a large income can be depleted if one has significant expenses. In 2023, nearly 1,700 billionaires had a total wealth between one to two billion U.S. dollars. Wealth worldwide China had the highest number of billionaires in 2023, with the United States following behind. That same year, New York had the most billionaires worldwide.

About this dataset

Context

The dataset presents the the household distribution across 16 income brackets among four distinct age groups in Economy: Under 25 years, 25-44 years, 45-64 years, and over 65 years. The dataset highlights the variation in household income, offering valuable insights into economic trends and disparities within different age categories, aiding in data analysis and decision-making..

Key observations

• Upon closer examination of the distribution of households among age brackets, it reveals that there are 5(0.13%) households where the householder is under 25 years old, 714(18.85%) households with a householder aged between 25 and 44 years, 1,456(38.44%) households with a householder aged between 45 and 64 years, and 1,613(42.58%) households where the householder is over 65 years old.
• The age group of 25 to 44 years exhibits the highest median household income, while the largest number of households falls within the 65 years and over bracket. This distribution hints at economic disparities within the borough of Economy, showcasing varying income levels among different age demographics.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Income brackets:

• Less than $10,000
• $10,000 to $14,999
• $15,000 to $19,999
• $20,000 to $24,999
• $25,000 to $29,999
• $30,000 to $34,999
• $35,000 to $39,999
• $40,000 to $44,999
• $45,000 to $49,999
• $50,000 to $59,999
• $60,000 to $74,999
• $75,000 to $99,999
• $100,000 to $124,999
• $125,000 to $149,999
• $150,000 to $199,999
• $200,000 or more

Variables / Data Columns

• Household Income: This column showcases 16 income brackets ranging from Under $10,000 to $200,000+ ( As mentioned above).
• Under 25 years: The count of households led by a head of household under 25 years old with income within a specified income bracket.
• 25 to 44 years: The count of households led by a head of household 25 to 44 years old with income within a specified income bracket.
• 45 to 64 years: The count of households led by a head of household 45 to 64 years old with income within a specified income bracket.
• 65 years and over: The count of households led by a head of household 65 years and over old with income within a specified income bracket.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Economy median household income by age. You can refer the same here

The statistic above information on the net worth of U.S. American households before and after the Great Recession from 2003 to 2013, by percentile. In 2013, the median net worth of households, the 50th percentile, stood at 56,335 U.S. dollars.

Graph and download economic data for Real Median Household Income in Hawaii (MEHOINUSHIA672N) from 1984 to 2023 about HI, households, median, income, real, and USA.

United States FB: Change in Balance Sheet Acct: Change in Net Worth data was reported at 136.201 USD bn in Mar 2018. This records an increase from the previous number of -208.581 USD bn for Dec 2017. United States FB: Change in Balance Sheet Acct: Change in Net Worth data is updated quarterly, averaging 0.384 USD bn from Dec 1951 (Median) to Mar 2018, with 266 observations. The data reached an all-time high of 927.379 USD bn in Dec 2008 and a record low of -679.185 USD bn in Dec 2016. United States FB: Change in Balance Sheet Acct: Change in Net Worth data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.AB078: Integrated Macroeconomic Accounts: Financial Business.

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.

Utilizing Esri Updated Demographics Categories (boundaries from the 2020 U.S. Census Bureau Data). This layer was created using Esri's Enrich tool to display some of the categories below at a Block Group level for Idaho. Esri Updated Demographics categories include the following:PopulationAge—By Generations, Age Dependency RatiosRace and Ethnicity—Diversity IndexSchool-Educational attainmentWork—Labor Force, Economic Dependency RatiosIncome—Total Income, Income by AgeHouseholds—Total Households, Tenure, FamiliesFamiliesHousing and Wealth—Total Housing Units, Housing Affordability Index, Percent of Income for Mortgage, Wealth Index, Contract RentHistorical Time Series—Population, Households, and Housing Units for each year between 2010 and current yearMethodology 2023/2028 Demographics2023-2028 Data Catalog

This map shows which race/ethnicity group has the highest median income in the United States by tract, county and state, using the latest available data from the U.S. Census Bureau's American Community Survey (ACS).For each group showing a median income figure, the lowest median income determines the color used on the map. The map's topic is shown by tract, county, and state boundaries. This service is updated annually to contain the most currently released American Community Survey (ACS) 5-year data, and contains estimates and margins of error. There are also additional calculated attributes related to this topic, which can be mapped or used within analysis. To see the full list of attributes available in this map's layers, go to a layer listed under the "Layers" section below and choose the "Data" tab for that layer, and choose "Fields" at the top right on that page.

United States RW: Balance Sheet: Net Worth data was reported at 5,729.673 USD bn in Mar 2018. This records an increase from the previous number of 5,618.944 USD bn for Dec 2017. United States RW: Balance Sheet: Net Worth data is updated quarterly, averaging -15.995 USD bn from Dec 1951 (Median) to Mar 2018, with 266 observations. The data reached an all-time high of 6,050.172 USD bn in Dec 2016 and a record low of -335.649 USD bn in Mar 1984. United States RW: Balance Sheet: Net Worth data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.AB081: Integrated Macroeconomic Accounts: Rest of the World.