The number of millionaires and billionaires in the U.S.The top ten percent of households own 76% of all wealth in the U.S., while the bottom 50% of households own just 1% of all wealth 4.Four-year college degree holders have a median net worth more than four times that of someone with only a high school diploma 3.Black and Hispanic families had strong gains in median net worth between 20, 30% and 64% respectively, though the typical white family still has three to seven times the net worth 3.

Average net worth is $748,800, up a more modest 2% from 2016 2.

Median net worth in the United States is $121,700, up 17.6 % from 2016 2.

Let’s take a deeper look at this trove of net worth statistics and see what the data has to say.ĭiscover 9 simple ways to make up to an extra $200/day. The most recent version of the SCF is from 2019. so we can assess economic well-being and thorny issues of income inequality, including trends over time. Occurring every three years, this project gives a snapshot of the state of wealth in the U.S. The Federal Reserve has been collecting data on net worth and all its components since 1989 through the Survey of Consumer Finance (SCF). It involves looking at wealth and income from a variety of lenses, including age, education, race, ethnicity, homeownership, family size, and more, across states and regions.

Understanding net worth in the United States is about more than just doing the math of assets minus debts.

Psi bands net worth 2018