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About: Affluence in the United States     Permalink

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Affluence refers to an individual's or household's economical and financial advantage in comparison to others. It may be assessed through either income or wealth. In absolute terms affluence is a relatively widespread phenomenon in the United States, with over 30% of households having an income exceeding $100,000 per year and over 30% of households having a net worth exceeding $250,000, as of 2019. 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.

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