What is the average income of the bottom 50

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Currently highlighted Remove all. Home prices plunged starting in , triggering the Great Recession in and dragging stock prices into a steep fall as well.

The wealth gap among upper-income families and middle- and lower-income families is sharper than the income gap and is growing more rapidly. The period from to was relatively prosperous for families in all income tiers, but one of rising inequality. Figures are expressed in dollars. The wealth gap between upper-income and lower- and middle-income families has grown wider this century.

As of , upper-income families had 7. These ratios are up from 3. The reason for this is that middle-income families are more dependent on home equity as a source of wealth than upper-income families, and the bursting of the housing bubble in had more of an impact on their net worth. Upper-income families, who derive a larger share of their wealth from financial market assets and business equity, were in a better position to benefit from a relatively quick recovery in the stock market once the recession ended.

As with the distribution of aggregate income, the share of U. The richest families in the U. The tilt to the top was most acute in the period from to The wealthiest families are also the only ones to have experienced gains in wealth in the years after the start of the Great Recession in By , this ratio had increased to , a much sharper rise than the widening gap in income.

S has increased since and is greater than in peer countries Income inequality may be measured in a number of ways , but no matter the measure , economic inequality in the U.

The ratio increased in every decade since , reaching Comparisons of income inequality across countries are often based on the Gini coefficient , another commonly used measure of inequality. More globally, the Gini coefficient of inequality ranges from lows of about 0.

Fresh data delivered Saturday mornings. It organizes the public into nine distinct groups, based on an analysis of their attitudes and values. Even in a polarized era, the survey reveals deep divisions in both partisan coalitions. Use this tool to compare the groups on some key topics and their demographics.

Pew Research Center now uses as the last birth year for Millennials in our work. Over the past decades, the increase in economic inequalities was largely driven by a rise in income and wealth accruing to the top of the distribution.

However, household surveys, the data sources traditionally used to observe these dynamics, do not capture these evolution very well. They provide useful information and cover a lot of countries but do not inform adequately on income and wealth levels of the richest individuals.

By doing so, it becomes possible to track very precisely the evolution of all income or wealth levels, from the bottom to the top. The key novelty of the WID. For more information on what you will find and will not find on WID. What is the meaning of the economic concepts used on WID. We try our best to use economic concepts which are consistent with national accounting i. Users can also use our quick-search glossary to find the definition they want. For more information on our funders, click here.

World By country. About us WID. New: WID. Skip to content. Country View. Share Data Info. The bottom line is that the rich and corporations are doing more than fine, they are flourishing. Only in a world of alternative facts do the wealthiest 0. Skip to content Toggle navigation. Our Experts. Carl Davis. Matthew Gardner. Amy Hanauer. Steve Wamhoff.