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As of 2007, the richest 1% held about 38% of all privately held wealth in the United States. [14] While the bottom 90% held 73.2% of all debt. [72] According to The New York Times, the richest 1 percent in the United States now own more wealth than the bottom 90 percent. [78]
Their findings place the United States as the most unequal and ranks poorly on social and health problems among developed countries. [176] The authors argue inequality creates psychosocial stress and status anxiety that lead to social ills. [177] A 2009 study attributed one in three deaths in the United States to high levels of inequality. [178]
The United States has the greatest income disparity among developed nations. [1] However, the inequality indicators vary considerably from state to state. States that have a high concentration of skilled jobs, implement regressive tax policies, or have weaker worker protections in general tend to have greater income inequalities.
The wealth analysis draws from the 2022 Survey of Consumer Finance, which found that household wealth in America swelled at a record pace during the pandemic. From 2019 to 2022, the median net ...
The median wealth is around 50% lower than the average wealth, which is a relatively large gap but much narrower than the U.S. gap. Russia Mean (average) wealth per adult: $39,514
It isn't hard to see why there is such a yawning gap between the richest Americans and the rest of us. Since 1976, the share of national income earned by the top one percent of workers has nearly ...
Wealth in the United States is commonly measured in terms of net worth, which is the sum of all assets, including the market value of real estate, like a home, minus all liabilities. [20] The United States is the wealthiest country in the world. [21] U.S. Household and non-profit Net Worth 1959 – 2016, nominal and real (2016 dollars).
Many charts, with sources. Who Rules America: Wealth, Income, and Power. July 2011. By G. William Domhoff. Many charts, and sources. See table 4 for wealth distribution by country. See table 7 for income distribution by country. Alan Grayson says United States has fifth-most unequal wealth distribution in world. 10 October 2011. PolitiFact.
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