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Graph and download economic data for Share of Net Worth Held by the Top 1% (99th to 100th Wealth Percentiles) (WFRBST01134) from Q3 1989 to Q3 2024 about net worth, wealth, percentile, Net, and USA.
This table presents income shares, thresholds, tax shares, and total counts of individual Canadian tax filers, with a focus on high income individuals (95% income threshold, 99% threshold, etc.). Income thresholds are geography-specific; for example, the number of Nova Scotians in the top 1% will be calculated as the number of taxfiling Nova Scotians whose total income exceeded the 99% income threshold of Nova Scotian tax filers. Different definitions of income are available in the table namely market, total, and after-tax income, both with and without capital gains.
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.
The table only covers individuals who have some liability to Income Tax. The percentile points have been independently calculated on total income before tax and total income after tax.
These statistics are classified as accredited official statistics.
You can find more information about these statistics and collated tables for the latest and previous tax years on the Statistics about personal incomes page.
Supporting documentation on the methodology used to produce these statistics is available in the release for each tax year.
Note: comparisons over time may be affected by changes in methodology. Notably, there was a revision to the grossing factors in the 2018 to 2019 publication, which is discussed in the commentary and supporting documentation for that tax year. Further details, including a summary of significant methodological changes over time, data suitability and coverage, are included in the Background Quality Report.
In January 2025, the top one percent of earners in the United Kingdom received an average pay of 15,882 British pounds per month, compared with the bottom 10 percent of earners who earned 813 pounds a month.
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Graph and download economic data for Median Personal Income in the United States (MEPAINUSA646N) from 1974 to 2023 about personal income, personal, median, income, and USA.
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.
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.
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Graph and download economic data for Income Before Taxes: Wages and Salaries by Number of Earners: Consumer Units of Two or More People, One Earner (CXU900000LB0705M) from 1984 to 2023 about salaries, tax, wages, consumer, income, persons, and USA.
Between 1990 and 2023, the mean household income for the low-paid workers in the lowest quintile went from 15,940 U.S. dollars in 1990 to 17,650 U.S. dollars in 2023, while the mean income of the top five percent increased from 285,000 U.S. dollars to 467,100 U.S. dollars over the same period. The income for this period has been adjusted to the 2023 U.S. dollar value.
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Bangladesh HIES: Number of Household: 1 Earner data was reported at 25.530 Unit mn in 2016. This records an increase from the previous number of 20.300 Unit mn for 2010. Bangladesh HIES: Number of Household: 1 Earner data is updated yearly, averaging 18.580 Unit mn from Dec 2000 (Median) to 2016, with 4 observations. The data reached an all-time high of 25.530 Unit mn in 2016 and a record low of 14.420 Unit mn in 2000. Bangladesh HIES: Number of Household: 1 Earner data remains active status in CEIC and is reported by Bangladesh Bureau of Statistics. The data is categorized under Global Database’s Bangladesh – Table BD.H005: Household Income and Expenditure Survey: Number of Household: by Earner.
Income of individuals by age group, sex and income source, Canada, provinces and selected census metropolitan areas, annual.
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Graph and download economic data for Income Before Taxes: Income Before Taxes by Number of Earners: Consumer Units of Two or More People, One Earner (CXUINCBEFTXLB0705M) from 1984 to 2023 about tax, consumer, income, persons, and USA.
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Korea HS: All Salary & Wage Earner (AS): 1 Quintile: Persons per Household data was reported at 2.610 Person in Mar 2018. This records an increase from the previous number of 2.570 Person for Dec 2017. Korea HS: All Salary & Wage Earner (AS): 1 Quintile: Persons per Household data is updated quarterly, averaging 2.840 Person from Mar 2003 (Median) to Mar 2018, with 61 observations. The data reached an all-time high of 3.100 Person in Jun 2003 and a record low of 2.550 Person in Sep 2017. Korea HS: All Salary & Wage Earner (AS): 1 Quintile: Persons per Household data remains active status in CEIC and is reported by Statistics Korea. The data is categorized under Global Database’s Korea – Table KR.H062: Household Income and Expenditure Survey (HS): by Income Quintile: All Salary and Wage Earner.
In 2022 the top one percent of earners in the United Kingdom accounted for around 10.2 percent of the overall national income of the UK. The share of national income earned by the top one percent increased from 6.8 percent in 1980 to a peak of 14.8 percent in 2007.
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Graph and download economic data for Income After Taxes: Income After Taxes by Number of Earners: Consumer Units of Two or More People, One Earner (CXUINCAFTTXLB0705M) from 1984 to 2023 about tax, consumer, income, persons, and USA.
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Concept: Number of individual borrowers registered as MEI by income bracket - up to 1 minimum salary Source: Central Bank of Brazil - Department of Financial Education 26961-number-of-borrowers-registered-as-mei-by-income-bracket---up-to-1-minimum-salary 26961-number-of-borrowers-registered-as-mei-by-income-bracket---up-to-1-minimum-salary
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Graph and download economic data for Expenditures: Apparel, Men and Boys by Number of Earners: Consumer Units of Two or More People, One Earner (CXUMENBOYSLB0705M) from 1984 to 2023 about males, apparel, expenditures, consumer, persons, and USA.
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In the 3 years to March 2021, black households were most likely out of all ethnic groups to have a weekly income of under £600.
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Key information about United States Monthly Earnings
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Graph and download economic data for Share of Net Worth Held by the Top 1% (99th to 100th Wealth Percentiles) (WFRBST01134) from Q3 1989 to Q3 2024 about net worth, wealth, percentile, Net, and USA.