How concentrated is US household wealth?

Federal Reserve Distributional Financial Accounts, Q4 2025

Share of US households

Top 0.1% of householdsBottom 50% of households

Household wealth held

Top 0.1%$25.47T

Bottom 50%$4.31T

5.9×

A slice of households 500 times smaller than the bottom half nonetheless holds nearly six times more wealth — $25.47 trillion versus $4.31 trillion. This is the concentrated, taxable, inheritable base that makes political and fiscal uncertainty a high-stakes planning question for HNWIs.

Source: Federal Reserve, Distribution of Household Wealth in the US since 1989 (Distributional Financial Accounts), Q4 2025. Figures are aggregate net worth held by each group, not per-household averages. General information, not financial or investment advice.