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.
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Graph and download economic data for State and Local Governments; Net Worth (IMA), Level (SLGTPAA027N) from 1945 to 2024 about retirement, net worth, state & local, IMA, Net, government, employment, and USA.
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.
Between 2017 to 2024, the number of high net worth individuals (HNWIs) in the United States increased steadily from nearly 15.4 million to around 22.4 million. After 2024, the number of HNWIs is expected to increase further, reaching over 26 million in 2028.
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Graph and download economic data for State and Local Governments; Total Liabilities and Net Worth (IMA), Level (SLGLNWQ027S) from Q4 1945 to Q4 2024 about retirement, net worth, state & local, IMA, liabilities, Net, government, employment, and USA.
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Graph and download economic data for Households; Net Worth, Level (BOGZ1FL192090005Q) from Q4 1987 to Q4 2024 about net worth, Net, households, and USA.
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United States - Households and Nonprofit Organizations; Net Worth, Level was 169360.79300 Bil. of $ in October of 2024, according to the United States Federal Reserve. Historically, United States - Households and Nonprofit Organizations; Net Worth, Level reached a record high of 169360.79300 in October of 2024 and a record low of 806.61600 in October of 1945. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Households and Nonprofit Organizations; Net Worth, Level - last updated from the United States Federal Reserve on March of 2025.
Over 21 million individuals residing in the United States belonged to the global top one percent of ultra high net worth individuals worldwide in 2022. China ranked second, with over five million top one percent wealth holders globally. France followed in third.
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New Jersey has the highest rate of millionaires, with 9.76% of households showing a net worth of $1 million or above. That means that 246,058 New Jersey households are millionaires.
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.
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United States - Households and Nonprofit Organizations; Net Worth as a Percentage of Disposable Personal Income, Level was 772.34% in October of 2024, according to the United States Federal Reserve. Historically, United States - Households and Nonprofit Organizations; Net Worth as a Percentage of Disposable Personal Income, Level reached a record high of 832.99 in January of 2022 and a record low of 455.44 in July of 1974. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Households and Nonprofit Organizations; Net Worth as a Percentage of Disposable Personal Income, Level - last updated from the United States Federal Reserve on March of 2025.
As of 2019, 84 percent of millionaires in the United States had a net worth of between one million and two and a half million U.S. dollars. On the other end of the scale, 0.01 percent of millionaires had a net worth of over 500 million U.S. dollars.
This statistic presents the American states with highest ratio of millionaire households per capita in 2020. In that year, New Jersey had the highest ratio of millionaire households per capita in the country, with 9.76 percent of households holding over one million U.S. dollars in assets.
In the third quarter of 2024, the top ten percent of earners in the United States held over 67 percent of total wealth. This is fairly consistent with the second quarter of 2024. Comparatively, the wealth of the bottom 50 percent of earners has been slowly increasing since the start of the 2010s, though remains low. Wealth distribution in the United States by generation can be found here.
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Graph and download economic data for Share of Net Worth Held by the Bottom 50% (1st to 50th Wealth Percentiles) (WFRBSB50215) from Q3 1989 to Q4 2024 about net worth, wealth, percentile, Net, and USA.
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United States - Households and Nonprofit Organizations; Net Worth, Revaluation was 16726710.00000 Mil. of $ in January of 2021, according to the United States Federal Reserve. Historically, United States - Households and Nonprofit Organizations; Net Worth, Revaluation reached a record high of 16726710.00000 in January of 2021 and a record low of -10380077.00000 in January of 2008. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Households and Nonprofit Organizations; Net Worth, Revaluation - last updated from the United States Federal Reserve on March of 2025.
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United States - State and Local Governments; Net Worth (IMA), Level was 14136785.00000 Mil. of $ in October of 2024, according to the United States Federal Reserve. Historically, United States - State and Local Governments; Net Worth (IMA), Level reached a record high of 14444381.00000 in July of 2024 and a record low of 55835.00000 in October of 1945. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - State and Local Governments; Net Worth (IMA), Level - last updated from the United States Federal Reserve on March of 2025.
In 2023, there were nearly 22 million people with a net worth of over one million U.S. dollars in the United States, which put the country on the top of the ranking. China was ranked second in that year, with more than six million individuals with wealth exceeding one million U.S. dollars. The United Kingdom followed in third with around three million millionaires.
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United States RW: Change in Balance Sheet Account: Change in Net Worth data was reported at 750.040 USD bn in Jun 2018. This records an increase from the previous number of -13.564 USD bn for Mar 2018. United States RW: Change in Balance Sheet Account: Change in Net Worth data is updated quarterly, averaging -0.233 USD bn from Dec 1951 (Median) to Jun 2018, with 267 observations. The data reached an all-time high of 900.774 USD bn in Sep 2008 and a record low of -418.623 USD bn in Jun 2009. United States RW: Change in Balance Sheet Account: 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 United States – Table US.AB081: Integrated Macroeconomic Accounts: Rest of the World.
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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 Q4 2024 about shares, net worth, wealth, percentile, Net, 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.