Household Net Worth Distribution in the U.S.

Posted by mo_merton

10 comments
  1. The difference between the average and median net worth should be a giant red flag.

    We need to tax billionaires.

  2. If I were a progressive candidate this graph would be the background of my logo/yard signs.

  3. > The net worth threshold for those in the 99th percentile is $13,666,778

    So that’s how much it takes to be a 1%-er?

  4. The biggest item in net worth is owning a home.

    My friend is 34 and makes $22 an hour and has 2 jobs, all because he wants to look rich by driving a BMW that he bought for 65k. He was upside down in his last car of 20k, so his payments are $1200 a month and has a $450 insurance payment. He will NEVER get this paid off. His net worth is negative. How could we calculate that in the chart?

    Edit: 8% of American families have a negative net worth.

    https://www.debt.org/faqs/americans-in-debt/demographics/

  5. What a beautiful chart. I wish I could see it through all the ads on my screen.

  6. I really highly doubt there are more than 3 million people in this country that have a net worth over 13 million dollars. Maybe 6-7 million net worth to get to the top 1% is more accurate. What do I know?

    Unless the top 0.01% is skewing this?

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