The given chart illustrates the distribution of wealth, divided into three groups, in the USA in the third quarter of 2024.
Overall, it is clear that the top 1% of the wealthiest households hold almost a third of the nation’s wealth. Meanwhile, the poorest half of Americans have significantly less than the top 1%.
The top 1%, which is 1.3 million households, has 31% of the nation’s wealth, which is equivalent to 49.2 trillion USD. A family would need a net worth of over 13.7 million USD to belong in this bracket. Those considered to be in the top 50% of the nation, about sixty-five million households, have twice as much as the top 1%, with 106.8 trillion USD. In contrast, 66.6 million households hold only 3.9 trillion USD, which is equivalent to around 2% of the nation’s wealth. This would mean you are in the 99th to 50th percentile of households. To be placed in this category, you would have less than $192,000 USD.
