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

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.

Graph and download economic data for All Sectors; U.S. Wealth, Level (BOGZ1FL892090005Q) from Q4 1945 to Q4 2024 about wealth, sector, and USA.

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.

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.

The total financial assets of households and nonprofit organizations in the United States grew steadily since 2000, except for a drop in 2018. The value of household financial assets increased from around 34.46 trillion U.S. dollars in 2000, up to around 118.34 trillion U.S. dollars in 2023.

In the first quarter of 2024, 51.8 percent of the total wealth in the United States was owned by members of the baby boomer generation. In comparison, millennials owned around 9.4 percent of total wealth in the U.S. In terms of population distribution, there is almost an equal share of millennials and baby boomers in the United States.

In the third quarter of 2024, 51.6 percent of the total wealth in the United States was owned by members of the baby boomer generation. In comparison, millennials owned around ten percent of total wealth in the U.S. In terms of population distribution, there is almost an equal share of millennials and baby boomers in the United States.

In 2021, about 7.89 million individuals in North America had financial assets worth at least one million U.S. dollars. This equaled to a combined worth of about 27.67 trillion U.S. dollars, an increase from 24.32 trillion U.S. dollars in 2020.

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.

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.

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.

As of November 2022, a combined value of 4.48 trillion U.S. dollars was held by billionaires living in the United States. While U.S. billionaire wealth has seen a drop over the last year, it is still more than 1.5 times the amount it was at the start of the COVID-19 pandemic.

Graph and download economic data for Total Assets Held by the Bottom 50% (1st to 50th Wealth Percentiles) (WFRBLB50081) from Q3 1989 to Q4 2024 about wealth, percentile, assets, 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.

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.

The massive wealth inequality in the world is underpinned by this chart: While just above one percent of the world's population had fortunes of more than one million U.S. dollars in 2022, more than half of the global population had a total wealth of less than 10,000 U.S. dollars.

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.

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 Q4 2024 about wealth, percentile, assets, and USA.

United States - Households and Nonprofit Organizations; Total Assets, Level was 190151.08000 Bil. of $ in October of 2024, according to the United States Federal Reserve. Historically, United States - Households and Nonprofit Organizations; Total Assets, Level reached a record high of 190151.08000 in October of 2024 and a record low of 837.20000 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; Total Assets, Level - last updated from the United States Federal Reserve on March of 2025.