Net Worth Data

  

My data for net worth comes from the Survey of Consumer Finances, which is conducted every three years by the Federal Reserve Board. I used the raw 1998 data to create the following table. To find out where you rank by net worth, just find the range that your net worth fits into. For example, if you think your net worth is about $500,000, that would put you in the 68th percentile, which means that you're worth more than 68% of the people in this country, while 32% of the people are worth more than you.

%

net worth

%

net worth

%

net worth

%

net worth

99

$110,077,600 - $514,651,390

74

$899,800 - $1,006,239

49

$144,400 - $153,199

24

$16,850 - $19,699

98

$62,801,000 - $110,077,599

73

$804,400 - $899,799

48

$133,700 - $144,399

23

$14,420 - $16,849

97

$43,725,400 - $62,800,999

72

$727,600 - $804,399

47

$125,450 - $133,699

22

$12,340 - $14,419

96

$29,882,900 - $43,725,399

71

$645,580 - $727,599

46

$119,150 - $125,449

21

$10,500 - $12,339

95

$23,632,100 - $29,882,899

70

$587,037 - $645,579

45

$112,950 - $119,149

20

$8,910 - $10,499

94

$18,008,900 - $23,632,099

69

$542,160 - $587,036

44

$105,990 - $112,949

19

$7,410 - $8,909

93

$14,677,050 - $18,008,899

68

$494,050 - $542,159

43

$99,100 - $105,989

18

$6,200 - $7,409

92

$12,120,420 - $14,677,049

67

$459,690 - $494,049

42

$94,300 - $99,099

17

$5,250 - $6,199

91

$9,674,000 - $12,120,419

66

$428,450 - $459,689

41

$89,580 - $94,299

16

$4,400 - $5,249

90

$8,181,400 - $9,673,999

65

$397,500 - $428,449

40

$83,950 - $89,579

15

$3,590 - $4,399

89

$6,817,200 - $8,181,399

64

$372,500 - $397,499

39

$77,800 - $83,949

14

$2,700 - $3,589

88

$5,632,900 - $6,817,199

63

$349,700 - $372,499

38

$72,000 - $77,799

13

$2,000 - $2,699

87

$4,781,000 - $5,632,899

62

$330,500 - $349,699

37

$67,420 - $71,999

12

$1,400 - $1,999

86

$4,171,900 - $4,780,999

61

$309,180 - $330,499

36

$61,870 - $67,419

11

$780 - $1,399

85

$3,591,200 - $4,171,899

60

$287,100 - $309,179

35

$56,280 - $61,869

10

$420 - $779

84

$3,021,900 - $3,591,199

59

$274,300 - $287,099

34

$51,500 - $56,279

9

$100 - $419

83

$2,603,200 - $3,021,899

58

$256,100 - $274,299

33

$47,120 - $51,499

8

$0 - $99

82

$2,255,350 - $2,603,199

57

$237,800 - $256,099

32

$42,500 - $47,119

7

($1) - $0

81

$1,988,250 - $2,255,349

56

$221,400 - $237,799

31

$38,370 - $42,499

6

($300) - ($1)

80

$1,823,100 - $1,988,249

55

$209,300 - $221,399

30

$34,400 - $38,369

5

($1,400) - ($301)

79

$1,570,300 - $1,823,099

54

$197,900 - $209,299

29

$30,750 - $34,399

4

($3,300) - ($1,401)

78

$1,374,230 - $1,570,299

53

$186,700 - $197,899

28

$27,950 - $30,749

3

($6,500) - ($3,301)

77

$1,229,900 - $1,374,229

52

$175,000 - $186,699

27

$25,350 - $27,949

2

($11,500) - ($6,501)

76

$1,107,170 - $1,229,899

51

$163,400 - $174,999

26

$22,370 - $25,349

1

($20,360) - ($11,501)

75

$1,006,240 - $1,107,169

50

$153,200 - $163,399

25

$19,700 - $22,369

0

($15,162,200) - ($20,361)


Notes on the above table:

1. Net worth is how much money and property you own, minus the amount of debt you owe. (You'll notice that about six percent of the people in this table have negative net worths -- the numbers in parentheses. This means that they actually owe more than they own.)

2. The top net worth is $514,651,390, but this is obviously not because that's how much the richest person in America owns. These numbers don't include every person in this country. Rather they are based on a survey done by the Federal Reserve Board. Like all surveys, it was based on a sampling of people that represented the whole population, and I guess the richest person surveyed was worth $514,651,390.
 

who owns how much?

income data

the flow of wealth


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Copyright © 2006 by Freeman Ng and Progressive Schoolhouse (http://www.ProgressiveSchoolhouse.org)