Both income growth and the decline in the progressivity of the tax code for the wealthy affect income, with the wealthiest earners seeing their effective tax rates decline.
Annual income and accumulated net worth, by age
Annual income of U.S. families is near its highest throughout the 35-64 age group.
Net personal wealth in the U.S. since 1962
Higher educational attainment in the US corresponds with median household wealth.
The average personal wealth of people in the top 1% is more than a thousand times that of people in bottom 50%.
Same data as adjacent chart, but plotted on logarithmic scale to show absolute dollar amounts.
Education median income 1.png
The logarithmic scale shows how wealth has increased for all percentile groups, though moreso for wealthier people.
economical and financial advantag
Median wealth of married couples exceeds that of single individuals, regardless of gender and across all age categories.
Ivy-Plus admissions rates vary with the income of the students' parents, with the acceptance rate of the top 0.1% income percentile being almost twice as much as other students.
Median household and personal income by educational attainment
Though the 10th percentile of American households have zero net worth, the 90th percentile has $1.6 million of household wealth.
Affluence in the United States