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[-] Zink@pawb.social 3 points 2 years ago

What, with like 50 rich people tipping the scale?

[-] sbv@sh.itjust.works 1 points 2 years ago* (last edited 2 years ago)

Even when looking at the median ... the typical American household was worth $192,900.

The mean is substantially higher than the median because it is boosted by the top 10% of earners, who have a net worth, on average, of $6.63 million, according to the Fed. Meanwhile, households in the bottom 10% had a mean net worth of $5,300 in 2022.

Ouch.

this post was submitted on 25 Oct 2023
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