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St. Louis Fed Sez U May B Fallin Behind!

By: Fiz in 6TH POPE | Recommend this post (0)
Tue, 08 Nov 22 7:00 PM | 26 view(s)
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http://fredblog.stlouisfed.org/2022/10/the-wealthiest-0-1-of-households/

What does it take to be counted among the wealthiest households? Well, FRED also has data on the minimum thresholds for each segment. At the time of this writing, each of the wealthiest 0.1% of households had at least $38 million worth of assets. In total, those 130,757 households in the top segment held almost twice as much wealth as the 65 million households in the bottom 50%.

Check back soon. The FRED Blog will continue to use DFA data to describe the current distribution of wealth in the U.S. and its changes over time.




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