[infogram id=”_/NpwEhneeujvD0f50Gzwi” prefix=”s5o” format=”interactive” title=”2023_Trends in average wealth by wealth group from 2002-03 to 2022-23″]

This shows changes in the ‘real value’ (after inflation) of net household wealth. 

From 2003 to 2022, the highest 20% of households by wealth left the other 80% behind

This chart shows that the average wealth of the highest 20% rose sharply after inflation from $1,996,000 in 2003 to $3,632,000 in 2022 while growth in wealth for the rest of the population was more modest. The average wealth of the middle 20% rose from $428,000 to $689,000, while that of the lowest 20% rose from $35,000 to $42,000.