Nonfinancial Assets Held by the Top 1% (99th to 100th Wealth Percentiles)
This dataset tracks nonfinancial assets held by the top 1% (99th to 100th wealth percentiles) over time.
Latest Value
7511267.00
Year-over-Year Change
11.27%
Date Range
7/1/1989 - 1/1/2025
Summary
This trend measures the total nonfinancial assets held by the wealthiest 1% of U.S. households. It provides insight into wealth concentration at the top of the income distribution.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Nonfinancial Assets Held by the Top 1% statistic represents the total value of real estate, consumer durables, and other tangible assets owned by households in the 99th to 100th wealth percentiles. This metric helps economists analyze wealth inequality and the distribution of household wealth in the United States.
Methodology
The Federal Reserve collects this data from the Survey of Consumer Finances, a comprehensive household finance survey conducted every 3 years.
Historical Context
Policymakers and analysts use this trend to assess the level of wealth concentration and its implications for economic mobility and financial stability.
Key Facts
- The top 1% of U.S. households held over $36 trillion in nonfinancial assets in 2019.
- Wealth concentration at the top has increased significantly since the 1980s.
- Nonfinancial assets make up a large share of total household wealth for the wealthiest Americans.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of nonfinancial assets, such as real estate and consumer durables, held by the wealthiest 1% of U.S. households.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into wealth inequality and the concentration of household wealth at the top of the income distribution, which is a key economic and policy concern.
Q: How is this data collected or calculated?
A: The Federal Reserve collects this data from the Survey of Consumer Finances, a comprehensive household finance survey conducted every 3 years.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the level of wealth concentration and its implications for economic mobility, financial stability, and the distribution of economic resources.
Q: Are there update delays or limitations?
A: The data is updated every 3 years with the release of the Survey of Consumer Finances, so there may be a delay in the most recent information.
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Citation
U.S. Federal Reserve, Nonfinancial Assets Held by the Top 1% (99th to 100th Wealth Percentiles) (WFRBLT01001), retrieved from FRED.