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U.S. median family net worth by percentile of net worth (1989–2007) The total value of all U.S. household wealth in 2000 was approximately $44 trillion. Prior to the Late-2000s recession which began in December 2007 its value was at $65.9 trillion.
The average white family's median net worth was $285,000. Hispanic families had a median net worth of $61,600, and for black families, this figure was $44,900. Although black families had the lowest median net worth of all racial groups, they experienced the greatest percent increase in net worth from 2019 to 2022, at 60 percent.
The Pareto distribution gives 52.8% owned by the upper 1%. According to the OECD in 2012 the top 0.6% of world population (consisting of adults with more than US$1 million in assets) or the 42 million richest people in the world held 39.3% of world wealth. The next 4.4% (311 million people) held 32.3% of world wealth.
Those ages 75 or older tend to be retired, and their yearly income has dipped to a median of $49,070, as of 2022. As expected for retirees, they’ve also likely begun living off their savings ...
Every three years the Federal Reserve outlines family net worth average and medians by age group. Here’s the latest data , released in October 2023. 35 and under: average of $183,500 and median ...
The logarithmic scale shows how wealth has increased for all percentile groups, though moreso for wealthier people. [1] 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. [2][3] The American upper class ...
The top 10% of earners have an average net worth of $2.65 million. Even if you’re squeaking into the upper class (the 80-90% range), you’re looking at about $793,000. Moving down to the middle ...
Household net worth. Household total net is the net worth for individuals living together in a household and is used as a measure in economics to compare wealth. The household net worth is the value of total assets minus the total value of outstanding liabilities, these are current obligations of a household arising from past transactions or ...