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Statements

Subject Item
dbr:Affluence_in_the_United_States
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Affluence in the United States
rdfs:comment
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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Wealth distribution in the United States by net worth . The net wealth of many people in the lowest 20% is negative because of debt. By 2014 the wealth gap deepened.
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Next 5% Top 1% Next 10% Upper Middle 20% Next 4% Bottom 40% Middle 20%
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11.2 10.9 34.6 4 12 0.2 27.3
dbo:abstract
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. In the United States, as of 2019, the median household income is $60,030 per year and the median household net worth is $97,300, while the mean household income is $89,930 per year and the mean household net worth is $692,100.
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