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Average net wealth, by wealth group

InequalityWealth inequality

This graph shows the distribution of wealth by wealth groups. Wealth is distributed much less broadly than income 

[infogram id=”_/SaIauon5cFaRQA9c0tde” prefix=”3Ef” format=”interactive” title=”2017-18: Fig.12_Average net wealth, by wealth group (2016)”]

2017-18: The average wealth of the highest 20% wealth group is $3,255,000, more than six times that of the middle 20% who had $565,000; and over 90 times that of the lowest 20%, who had $36,000. The average wealth of the highest 5% is $6,795,000.

2015-16: The highest 20% wealth group had average wealth holdings of $2.9 million, more than five times that of the middle 20% wealth group ($537,000) and almost 100 times the $30,000 held by the lowest 20% wealth group.

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