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 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 Top 1% (99th to 100th Wealth Percentiles) (WFRBST01134) from Q3 1989 to Q4 2024 about net worth, wealth, percentile, Net, and USA.
New York was the state with the greatest gap between rich and poor, with a Gini coefficient score of 0.52 in 2023. Although not a state, District of Columbia was among the highest Gini coefficients in the United States that year.
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Graph and download economic data for Income Inequality in New York County, NY (2020RATIO036061) from 2010 to 2023 about New York County, NY; inequality; New York; NY; income; and USA.
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Hungary - Inequality of income distribution was 4.26 in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Hungary - Inequality of income distribution - last updated from the EUROSTAT on June of 2025. Historically, Hungary - Inequality of income distribution reached a record high of 4.47 in December of 2023 and a record low of 3.41 in December of 2010.
Brazil is one of the most unequal countries in terms of income in Latin America. In 2022, it was estimated that almost 57 percent of the income generated in Brazil was held by the richest 20 percent of its population. Among the Latin American countries with available data included in this graph, Colombia came in first, as the wealthiest 20 percent of the Colombian population held over 59 percent of the country's total income.
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Income Inequality in Los Angeles County, CA was 19.65721 Ratio in January of 2023, according to the United States Federal Reserve. Historically, Income Inequality in Los Angeles County, CA reached a record high of 19.65721 in January of 2023 and a record low of 16.80820 in January of 2010. Trading Economics provides the current actual value, an historical data chart and related indicators for Income Inequality in Los Angeles County, CA - last updated from the United States Federal Reserve on June of 2025.
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Graph and download economic data for Income Gini Ratio of Families by Race of Householder, All Races (GINIALLRF) from 1947 to 2023 about gini, households, income, and USA.
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Graph and download economic data for Income Inequality in Miami-Dade County, FL (2020RATIO012086) from 2010 to 2023 about Miami-Dade County, FL; inequality; Miami; FL; income; and USA.
In 2022, from the total national wealth in Mexico, 79.1 percent belonged to the top ten percent group. Meanwhile, the bottom 50 percent had a total of -0.3 percent, which means that, on average, the bottom half has more debts than assets. Further, the average personal wealth of the top one percent was valued at 2.91 million euros.
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Graph and download economic data for Income Inequality in Monroe County, OH (2020RATIO039111) from 2010 to 2023 about Monroe County, OH; inequality; OH; income; and USA.
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Estonia - Inequality of income distribution was 5.03 in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Estonia - Inequality of income distribution - last updated from the EUROSTAT on June of 2025. Historically, Estonia - Inequality of income distribution reached a record high of 6.48 in December of 2014 and a record low of 5.01 in December of 2010.
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Graph and download economic data for Income Inequality in Santa Cruz County, CA (2020RATIO006087) from 2010 to 2023 about Santa Cruz County, CA; Santa Cruz; inequality; CA; income; and USA.
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Graph and download economic data for Income Inequality in Montgomery County, MD (2020RATIO024031) from 2010 to 2023 about Montgomery County, MD; inequality; Washington; MD; income; and USA.
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Income Inequality in Palm Beach County, FL was 19.40377 Ratio in January of 2023, according to the United States Federal Reserve. Historically, Income Inequality in Palm Beach County, FL reached a record high of 19.47998 in January of 2022 and a record low of 16.92851 in January of 2010. Trading Economics provides the current actual value, an historical data chart and related indicators for Income Inequality in Palm Beach County, FL - last updated from the United States Federal Reserve on May of 2025.
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Graph and download economic data for Income Inequality in East Baton Rouge Parish, LA (2020RATIO022033) from 2010 to 2023 about East Baton Rouge Parish, LA; Baton Rouge; inequality; LA; income; and USA.
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Graph and download economic data for Income Inequality in Orange County, FL (2020RATIO012095) from 2010 to 2023 about Orange County, FL; Orlando; inequality; FL; income; and USA.
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Graph and download economic data for Income Inequality in Pierce County, WA (2020RATIO053053) from 2010 to 2023 about Pierce County, WA; Seattle; inequality; WA; income; and USA.
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Graph and download economic data for Income Inequality in Harris County, TX (2020RATIO048201) from 2010 to 2023 about Harris County, TX; inequality; Houston; TX; income; 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.