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-17.1% 25,200 New York City, New York: 95 Coca-Cola: Beverage 45,754 6.4% 79,100 Atlanta, Georgia: 96 TIAA: Financials 45,735 11.8% 16,023 New York City, New York: 97 CHS: Agriculture cooperative 45,590 -4.6% 10,609 Inver Grove Heights, Minnesota: 98 Bristol-Myers Squibb: Pharmaceutical industry 45,006 -2.5% 34,100 New York City, New York: 99 ...
The Monied Metropolis: New York City and the Consolidation of the American Bourgeoisie, 1850–1896 (2003). Brooks, David. Bobos in Paradise: The New Upper Class and How They Got There (2010) Burt, Nathaniel. The Perennial Philadelphians: The Anatomy of an American Aristocracy (1999).
However, the top 1% income fell from 2007 to 2016, due to both the Great Recession and tax hikes on upper incomes during the Obama Administration. [2] [36] Share of U.S. income earned by top 1% households in 1979 (blue), 2007 (orange), and 2016 (green) (CBO data). The first date 1979 reflects the more egalitarian pre-1980 period, 2007 was the ...
Average and median household income by age group. In 2007, the top 20% of the wealthiest Americans possessed 80% of all financial assets. [14] In 2007, the richest 1% of the American population owned 35% of the country's total wealth, and the next 19% owned 51%.
Wealth inequality is more unequal than income inequality, with the top 1% households owning approximately 42% of the net worth in 2012, versus 24% in 1979. [216] According to a September 2017 report by the Federal Reserve, wealth inequality is at record highs; the top 1% controlled 38.6% of the country's wealth in 2016. [217]
It is based on an annual assessment of wealth and assets by Forbes and by data from the Bloomberg Billionaires Index. The Forbes 400 Richest Americans list has been published annually since 1982. The combined net worth of the 2020 class of the 400 richest Americans was $3.2 trillion, up from $2.7 trillion in 2017. [1]
During the same time period, the 60% of Americans in the middle of the income scale saw their income rise by 40%. From 1992 to 2007 the top 400 income earners in the U.S. saw their income increase 392% and their average tax rate reduced by 37%. [33] In 2009, the average income of the top 1% was $960,000 with a minimum income of $343,927. [34 ...
Life expectancy ranges from 84.9 years for Asian Americans who had an average per capita income of $21,566, to 71.1 years for urban African-Americans with an average per capita income of $14,800. [78] Furthermore, like other post-industrial nations, the United States saw increased health consciousness among persons of higher social status.