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For 2022, the average wage for working Americans was $61,136. The average wages of those in the top 1 percent of wage earners were $785,968 that year. In the rarefied top 0.1 percent, the average ...
While the vast majority of people and households derive their income from wages or salaries, those in the upper class derive their primary income from business profits, investments, and capital gains. [5] Estimates for the size of this group commonly vary from 1% to 2%, based on wealth. [4]
Chart of unemployment and salary based on education attainment in 2013. The data is for persons age 25 and over. Earnings are for full-time wage and salary workers. Tertiary education (or "higher education") is required for many middle-class professions, depending on how the term middle class is to be defined. Tertiary education is rarely free ...
The top 10% of Americans held 60% of all wealth in 2022, up from 56% in 1989. The top 1% held 27% of all wealth in 2022, up from 23% in 1989. ... Wealth rose at all income levels.
Here are the household income thresholds for the top 10%, 5%, and 1%: Top 10%: $248,610. Top 5%: $390,209. Top 1%: $1,199,812. As you can see, you need an income well over three times the national ...
[2] [3] However, when looked at in relative terms, wealth is highly concentrated: the bottom 50% of Americans only share 2% of total household wealth while the top 1% hold 35% of that wealth. In the United States, as of 2019, the median household income is $60,030 per year and the median household net worth is $97,300, while the mean household ...
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%.
In 2022, families in America's top 10% held 60% of all wealth, up from 56% in 1989. Families in the top 1% held 23% of the nation's wealth in 1989, which has now grown to 27%.