U.S. wealth distribution graphs show wealth held by percentage and by racial, ethnic, gender or age group segments of the population, and the impacts of those different shares, according to Business Insider. Wealth distribution graphs show causes of wealth differences between and among those groups, notes the Urban Institute.Continue Reading
As of 2015, there is a consensus that the overall share of wealth held by the wealthiest 1 percent of the population in the U.S. has increased from 20 percent to 35 percent in recent decades, observes Business Insider. The ratio of the wealth held by the richest 1 percent to the wealth held by those people at the median stands at 225:1, adds Business Insider. Two impacts of wealth inequality identified by Business Insider are that the bottom 90 percent of the population is falling deeper into debt, and that poor people are finding it more difficult to move to upper middle-class wealth levels.
The effects of income inequality, including both wages and investments, over a typical lifetime, exacerbate wealth inequality between whites, African-Americans and Hispanics, points out the Urban Institute. Over a typical lifetime, a white person earns $2 million, while an African-American earns $1.5 million, and a Hispanic earns only $1 million, notes the Urban Institute.Learn more about Financial Calculations