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macro

U.S. Household Net Worth: 90th–99th Percentile

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67.63USD trillions

Methodology

## What this measures

The combined net worth (assets less debts) of households between the 90th and 99th percentiles, in trillions of current dollars. Quarterly since 1989 Q3. A group total, not wealth per household.

## Why it matters

Levels show how many dollars each group gained, which shares can hide: a group whose share is flat still gains trillions when total wealth rises. The charts read cumulative change since 2014 and since 2019 Q4.

## How to read it

Compare changes since the same quarter across groups. Each group has a fixed share of households (the top 0.1% is a thousandth of them, the bottom 50% half), so a dollar gain means very different amounts per household.

## What it does not say

The DFA spread the Financial Accounts totals across households using the triennial Survey of Consumer Finances, so groups between survey years are modelled, not surveyed, and the newest quarters are revised. Wealth is at market value, before tax, nominal (not adjusted for inflation). The DFA publish millions of dollars; Palanor divides by a million. The whole history is republished with each quarterly Z.1 release.

## Source

Federal Reserve Board, Distributional Financial Accounts. Public domain.

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