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 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.

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 Q1 2025 about net worth, wealth, percentile, Net, and USA.

In 2023, from the total national wealth in Mexico, 70.2 percent belonged to the top ten percent group. Meanwhile, the bottom 50 percent had a total of 2.3 percent.

In 2022, the majority of Indian adults had a wealth of 10,000 U.S. dollars or less. On the other hand, about *** percent were worth more than *********** dollars that year. India The Republic of India is one of the world’s largest and most economically powerful states. India gained independence from Great Britain on August 15, 1947, after having been under their power for 200 years. With a population of about *** billion people, it was the second most populous country in the world. Of that *** billion, about **** million lived in New Delhi, the capital. Wealth inequality India suffers from extreme income inequality. It is estimated that the top 10 percent of the population holds ** percent of the national wealth. Billionaire fortune has increase sporadically in the last years whereas minimum wages have remain stunted.

The statistic shows the share of U.S. population, by race and Hispanic origin, in 2016 and a projection for 2060. As of 2016, about 17.79 percent of the U.S. population was of Hispanic origin. Race and ethnicity in the U.S. For decades, America was a melting pot of the racial and ethnical diversity of its population. The number of people of different ethnic groups in the United States has been growing steadily over the last decade, as has the population in total. For example, 35.81 million Black or African Americans were counted in the U.S. in 2000, while 43.5 million Black or African Americans were counted in 2017.

The median annual family income in the United States in 2017 earned by Black families was about 50,870 U.S. dollars, while the average family income earned by the Asian population was about 92,784 U.S. dollars. This is more than 15,000 U.S. dollars higher than the U.S. average family income, which was 75,938 U.S. dollars.

The unemployment rate varies by ethnicity as well. In 2018, about 6.5 percent of the Black or African American population in the United States were unemployed. In contrast to that, only three percent of the population with Asian origin was unemployed.