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The top 10% of families held 76% of the wealth in 2013, while the bottom 50% of families held 1%. 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 ...
Feb 7, 2024 · Black Families’ Wealth. Black families’ median wealth was $45,000 in 2022, growing 66% from 2019. As a group, Black families owned 2% of total household wealth despite making up 11% of households. Black families had 16 cents per dollar of white median wealth. The Black-white gap grew to $242,000—up $47,000 from 2019.
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Jun 30, 2021 · However, from 2016 to 2019 there was actually a small decline in inequality, with the top percentile share down by 1.4 percentage points, the Gini coefficient down by 0.008, and the mean wealth of the top 1 percent down by 1.9 percent. Another notable trend is the sharp increase in relative debt after 1983, with the debt-income and the debt-net ...
Aug 14, 2019 · Wealth inequality in America has grown tremendously from 1989 to 2016, to the point where the top 10% of families ranked by household wealth (with at least $1.2 million in net worth) own 77% of the wealth “pie.”. The bottom half of families ranked by household wealth (with $97,000 or less in net worth) own only 1% of the pie.
Feb 5, 2024 · How much wealth inequality is there in the U.S.? The top 10% of households by wealth had $6.5 million on average. As a group, they held 66.6% of total household wealth. The bottom 50% of households by wealth had $50,000 on average. As a group, they held only 2.6% of total household wealth.
Feb 28, 2024 · Fig. 1. The geography of wealth and local wealth inequality, 1960–2020. For the period 1960–2020, panel ( a) uses Gini coefficients to describe trends in inter-regional inequality in terms of ...
