Thursday, April 17, 2008

Snapshot of the Wealthiest 10% of U.S. Households




These wealthiest 10% of U.S. households have these characteristics:
  • 112 million households
  • Average annual income: $256,000
  • Earn 36% of the income earned by ALL American households
  • Control 70% of total net worth of all U.S. households
  • Average value of financial assets: $1.3MM
  • Hold 89% of the value of all publicly traded stock and stock mutual funds in U.S.
Source: Federal Reserve Board

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