Reply to The 1% in the household income and net worth distributions in the US in 2020

Forum Index » Money and Finances

Reply to "The 1% in the household income and net worth distributions in the US in 2020"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]This was published 2 days ago.

$531,020 in HHI qualifies as within the 1% in income, and

$11,099,199 puts you in the 1% in net worth.

https://dqydj.com/top-one-percent-united-states/

Sources:

Net Worth
Data comes from the Federal Reserve Survey of Consumer Finances (SCF), released September, 2020. It comes from interviews mainly conducted in 2019. 9% of interviews were conducted between February and April 2020 – when Coronavirus was already in the US.

HHI
Data originated in the United States Census Bureau's Annual ASEC survey, first released in September 2020. The University of Minnesota's Minnesota Population Center harmonizes it, making it easy to do these calculations – especially for the household income by year post.

Sarah Flood, Miriam King, Renae Rodgers, Steven Ruggles and J. Robert Warren. Integrated Public Use Microdata Series, Current Population Survey: Version 7.0 [dataset]. Minneapolis, MN: IPUMS, 2020. https://doi.org/10.18128/D030.V7.0

[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics