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In absolute terms, affluence is a relatively widespread phenomenon in the United States, with over 30% of households having an income exceeding $100,000 per year and over 30% of households having a net worth exceeding $250,000, as of 2019. [2] [3] However, when looked at in relative terms, wealth is highly concentrated: the bottom 50% of Americans only share 2% of total household wealth while ...
Inequality increased from 1989 to 2013. [1] The inequality of wealth (i.e. inequality in the distribution of assets) has substantially increased in the United States in recent decades. [2] Wealth commonly includes the values of any homes, automobiles, personal valuables, businesses, savings, and investments, as well as any associated debts.
Countries by median wealth ( US dollars) per adult. From 2021 publication of Credit Suisse. This is a list of countries of the world by wealth per adult or household, from sources such as UBS 's annual Global Wealth Databook [1] and the OECD 's Better Life Index. [2] Wealth includes both financial and non-financial assets.
Using $270,000 as the 50th percentile — roughly midway on the middle-class net worth spectrum — the 20th percentile is $10,000 for California.
Average net worth—which heavily weights extremely high-wealth families—substantially exceeds median net worth (families in the fiftieth percentile). [28] Further, average net worth outgrew median net worth from 2019 through 2022. [28]
U.S. family pre-tax income and net worth distribution for 2013 and 2016, from the Federal Reserve Survey of Consumer Finances. Household income in the United States varies substantially with the age of the person who heads the household.
The Federal Reserve’s most recent numbers show that households in the 90th to 100th income percentile have a mean retirement savings balance of $913,300.
The American upper class is a social group within the United States consisting of people who have the highest social rank, due to economic wealth, lineage, and typically educational attainment. [1] [2] The American upper class is distinguished from the rest of the population due to the fact that its primary source of income consists of assets ...