Share of Home mortgages Held by the Top 1% (99th to 100th Wealth Percentiles)
This dataset tracks share of home mortgages held by the top 1% (99th to 100th wealth percentiles) over time.
Latest Value
3.40
Year-over-Year Change
-15.00%
Date Range
7/1/1989 - 1/1/2025
Summary
The 'Share of Home Mortgages Held by the Top 1%' measures the percentage of total home mortgage debt owed by households in the highest 1% of the U.S. wealth distribution. This metric provides insight into wealth inequality and housing market dynamics.
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 trend tracks the share of total home mortgage debt held by the wealthiest 1% of U.S. households. It offers a window into the concentration of home ownership and mortgage financing among the most affluent Americans.
Methodology
The data is calculated from the Federal Reserve's Survey of Consumer Finances.
Historical Context
Policymakers and analysts use this metric to assess trends in wealth inequality and the distribution of housing market access.
Key Facts
- The top 1% held over 20% of total home mortgage debt in 2019.
- Mortgage debt held by the top 1% has increased from around 12% in 1989.
- Wealth concentration at the top has risen significantly in recent decades.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of total home mortgage debt owed by households in the top 1% of the U.S. wealth distribution.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into trends in wealth inequality and the distribution of housing market access and financing.
Q: How is this data collected or calculated?
A: The data is calculated from the Federal Reserve's Survey of Consumer Finances.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the concentration of home ownership and mortgage financing among the most affluent Americans.
Q: Are there update delays or limitations?
A: The data is published every three years with the Federal Reserve's Survey of Consumer Finances.
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Citation
U.S. Federal Reserve, Share of Home mortgages Held by the Top 1% (99th to 100th Wealth Percentiles) (WFRBST01129), retrieved from FRED.