Wealth in the United States

WEALTH IN THE UNITED STATES We've heard all about how the U.S. has a great and growing income equality gap. What exactly does that mean? How much do we have and how wide is the gap? HOW MUCH MONEY DO WE HAVE? $51,939 +13% Median household income, 2013 (1) Income growth between 1991 and 2000 (1) -4% Drop in median incomes overall since the end of the recession in 2009 (1) This is about 8% below the 2007 level, when the recession officially started. -4% To +13 Since the recession ended, incomes have risen for only the top 5% of earners. () TWO-YEAR AVERAGE MEDIAN HOUSEHOLD INCOME, 2012-13 (2) $39,011.70 $46,694.94 $54,842.72 $60,728.94 $66,480.70 $70,063.00 WA NH ME ут MT ND OR MN MA RI ID SD WI NY MI WY IA PA CT NE ОН NJ NV IL IN DE UT CO CA KS VA MD MO KY NC DC TN ОКк AZ SC NM AR MS GA LA TX AK FL HI WHO HAS WHAT? We've heard a great deal about the 1%, those wealthiest Americans who control the most money. What does their wealth actually look like? DISTRIBUTION OF PRIVATELY HELD WEALTH (2010) (3) Top 1% 35.4% Next 19% 53.5% 46% Bottom 80% Global assets owned by top 1% of earners 4) 11.1% PROPORTION OF TOTAL PRIVATE WEALTH HELD BY BOTTOM 80%, 1983-2010 (3) 20 18.7% 16.2% 15.6% 16.6% 15.3% 16.5% 15.0% 15 ****.... 16.1% 11.1% 10 ****** 1983 1989 1992 1995 1998 2001 2004 2007 2010 PERCENTAGE CHANGE IN REAL AFTER-TAX INCOME SINCE 1979 (5) Top 1% 201% Next 19% 65% Middle 60% 40% Bottom 20% 49% SOURCES 1. http://online.wsj.com/articles/u-s-incomes-edge-higher-as-sluggish-recovery-persists-1410878730 2. https://www.census.gov/hhes/www/income/data/statemedian/ 3. http://www2.ucsc.edu/whorulesamerica/power/wealth.html 4. http://www.huffingtonpost.com/2013/10/09/richest-1-percent-wealth_n_4072658.html 5. http://www.cbpp.org/cms/?fa3Dview&id=3629 INFO GRAPHIC WORLD DESIGNED BY www.lnfographicWorld.com