Monday, September 16, 2013

How much puts you in the US's Top 1% by Wealth and Income?

Measuring the Top 1% by Wealth, Not Income - "The Times had estimated the threshold for being in the top 1 percent in household income at about $380,000, 7.5 times median household income, using census data from 2008 through 2010. But for net worth, the 1 percent threshold for net worth in the Fed data was nearly $8.4 million, or 69 times the median household’s net holdings of $121,000."

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