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People often wonder what lower, middle, and upper class really mean. Get a better understanding of these terms with the average net worth of each class.
The American upper class is a social group within the United States consisting of people who have the highest social rank, due to economic wealth, lineage, and typically educational attainment. [ 2 ] [ 3 ] The American upper class is estimated to be the richest 1% of the population.
The two charts in this section show the average net worth of individuals in the top 1%, top 10%, 50th to 90th percentile, and bottom half of the population from 1962 to 2021. As of 2021, the average person in the top 10% is a HNWI, while the average person in the top 1% is a VHNWI.
The top 10% has much more -- an average net worth of $2.65 million. The upper-middle class has an average net worth of $300,800. The middle class has an average net worth of $169,420. The lower ...
Here are the average net worths of each class, according to the Federal Reserve's most recent Survey of Consumer Finances: Lower class: $16,900 Lower-middle class: $58,550
The average white family's median net worth was $285,000. Hispanic families had a median net worth of $61,600, and for black families, this figure was $44,900. Although black families had the lowest median net worth of all racial groups, they experienced the greatest percent increase in net worth from 2019 to 2022, at 60 percent.
The upper class possesses nearly 67 times the net worth of the lower class. Here's a breakdown: Lower class: $12,000. Lower-middle class: $61,260. Middle class: $145,200. Upper-middle class ...
Upper-Middle Class (Next 20%): The median net worth is $201,800. ... The Federal Reserve data shows the average net worth rising from $39,000 for those under 35 to $335,600 for those 75 and older ...