Income Inequality Us Facts
The united states could improve income inequality with employment training and investing in education.
Income inequality us facts. Among republicans and those who lean toward the gop 41 say there is too much inequality in the u s compared with 78 of democrats and democratic leaners a pew research center survey conducted in september 2019 found. The graphics come via fast company s co design which hosts an array of illuminating infographics. The top 10 households in the 90 th percentile had incomes of 176 000 or above. Consider that the u s.
Us income inequality statistics editor s choice. Inequality that everyone should know from the stanford center for the study of poverty and inequality. The below infographics on income inequality by designer kristy tillman for objects in repeat are based on the data set 20 facts about u s. Americans in the top 1 percent tower stunningly higher.
The middle 50 90 these households had incomes between 53 000 and 176 000. From 2000 to 2018 the average salary for workers in america rose only 17. Became somewhat more concentrated since the 1980s. 4 overall 61 of americans say there is too much economic inequality in the country today but views differ by political party and household income level.
The ownership of wealth among households in the u s. 41 4 of americans are classified as low income or low income families. The united states wealth inequality which takes into consideration income property and investments is even more pronounced than its income inequality. Has a total income pie.
The bottom 50 in 2016 households in the 0 50 th percentiles had incomes of 0 to 53 000. The top 1 earns forty times more than the bottom 90. The united states currently holds 41 6 percent of the world s personal wealth making it the richest nation in the world but has a gini coefficient 42 that is the worst of any oecd nation vis a vis wealth inequality. That means the top 3 percent of families hold more than twice the wealth of the poorest 90 percent in the united states.
In 2019 the number of employed americans rose by 267 000. Income disparities are so pronounced that america s top 10 percent now average more than nine times as much income as the bottom 90 percent according to data analyzed by uc berkeley economist emmanuel saez. The profile of the top 1 families shows they save about 35 percent of their income while the bottom 90 percent save close to zero percent.