Chart Detail

Change in wealth groups' shares of total wealth, 1962–2010

Change
Wealth group* 1962 1983 1989 1998 2001 2007 2010 1962–1983 1983–2010
Bottom four-fifths 19.1% 18.7% 16.5% 16.6% 15.6% 15.0% 11.1% -0.4 -7.6
Bottom -0.7 -0.3 -1.5 -0.6 -0.4 -0.5 -1.2 0.4 -0.9
Second 1.0 1.2 0.8 0.8 0.7 0.7 0.2 0.2 -0.9
Middle 5.4 5.2 4.8 4.5 3.9 4.0 2.6 -0.2 -2.6
Fourth 13.4 12.6 12.3 11.9 11.3 10.9 9.4 -0.8 -3.2
Top fifth 81.0% 81.3% 83.5% 83.4% 84.4% 85.0% 88.9% 0.4 7.6
80th–<90th percentile 14.0 13.1 13.0 12.5 12.9 12.0 12.2 -0.9 -0.9
90th–<95th percentile 12.4 12.1 11.6 11.5 12.3 11.2 13.6 -0.2 1.5
Top 5% 54.6 56.1 58.9 59.4 59.2 61.8 63.1 -0.7 7.0
95th–<99th percentile 21.2 22.3 21.6 21.3 25.8 27.3 27.7 1.2 5.3
Top 1% 33.4 33.8 37.4 38.1 33.4 34.6 35.4 0.3 1.7
Total 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%

* Wealth defined as net worth (household assets minus debts).

Source: Wolff (2012)

Updated August 20, 2012

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See note to Table 6.1.

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