Average Net Worth of the Top 10 Percent
The top 10 percent of U.S. households by net worth typically hold a disproportionate share of overall wealth. In recent Federal Reserve data, the average net worth for this group is several million dollars, far above the national median. This gap reflects differences in income, asset ownership, and inheritance.
How Net Worth Is Calculated
Net worth equals total assets minus total liabilities. Assets include real estate, investment accounts, retirement savings, and business equity. Liabilities include mortgages, student loans, credit card debt, and other obligations. The top 10 percent usually have higher asset values and lower debt burdens.
Distribution and Economic Context
Wealth concentration has increased over recent decades, with the top 10 percent holding a growing share of aggregate household wealth. For broader context on wealth distribution, see the Federal Reserve's Survey of Consumer Finances at https://www.federalreserve.gov/econres/scf-index.htm. Understanding these figures helps frame discussions about inequality and economic mobility.
