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Joint Economic Committee Democrats
Wealth Charts
Chart 2.1
Last updated 6/1/06
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The vast majority of net worth (wealth) in the United States is held by a small fraction of households. (Net worth is total household assets minus total household liabilities.)
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In 2004, the wealthiest one percent of households held more of the country’s total net worth than the bottom 90 percent of households combined.
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The top one percent, the next 9 percent, and the bottom 90 percent of households each held about one-third of the country’s net worth in 2004.
Joint Economic Committee Democrats calculations using data from Federal Reserve Board, Survey of Consumer Finances, 2004. Click here for more information about the sources of wealth data.
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