Share of Deposits Held by the 50th to 90th Wealth Percentiles
WFRBSDEN40 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.90
Year-over-Year Change
0.84%
Date Range
7/1/1989 - 1/1/2025
Summary
The 'Share of Deposits Held by the 50th to 90th Wealth Percentiles' measures the concentration of bank deposits among middle-class American households, providing insights into wealth distribution and financial system access.
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
This economic indicator tracks the proportion of total bank deposits held by households between the 50th and 90th percentiles of wealth. It offers valuable perspectives on financial inclusion and the middle class's role in the banking system.
Methodology
The data is calculated by the Federal Reserve based on the Survey of Consumer Finances.
Historical Context
Policymakers and analysts use this metric to understand household wealth dynamics and assess the financial health of the middle class.
Key Facts
- The 50th to 90th wealth percentiles hold over 50% of total U.S. bank deposits.
- Deposit concentration among the middle class has declined since the 1980s.
- The indicator tracks financial access and inclusivity for households in the middle of the wealth distribution.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the share of total bank deposits held by households between the 50th and 90th percentiles of wealth in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into wealth distribution and financial system access, which are important for understanding the financial health and inclusion of the middle class.
Q: How is this data collected or calculated?
A: The data is calculated by the Federal Reserve based on the Survey of Consumer Finances.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess household wealth dynamics and the financial well-being of the middle class, which is crucial for informing economic policies.
Q: Are there update delays or limitations?
A: The data is updated periodically based on the Survey of Consumer Finances, which is conducted every three years.
Related Trends
Financial Assets Held by the Top 1% (99th to 100th Wealth Percentiles)
WFRBLT01004
Mortgages Held by the 50th to 90th Wealth Percentiles
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Income Gini Ratio of Families by Race of Householder, Black Alone
GINIBAF
Real Mean Family Income in Northeast Census Region
MAFAINUSNEA672N
Share of Defined Contribution Pension Entitlements Held by the 50th to 90th Wealth Percentiles
WFRBSDCPN40
Real Estate Held by the Top 1% (99th to 100th Wealth Percentiles)
WFRBLT01002
Citation
U.S. Federal Reserve, Share of Deposits Held by the 50th to 90th Wealth Percentiles (WFRBSDEN40), retrieved from FRED.