Two measurements of wealth

Two interesting comparisons of where you compare with other Americans. The article was in Yahoo Finance, but comes from Bankrate.com. The parking ramp is an annoying gimmick, but the data is still good.

The first measure looks at annual incomes:

Annual income parking ramp

Income level (percentile) Median income (rounded)
Level VI (90 to 100) $170,000
Level V (80 to 89.9) $99,000
Level IV (60 to 79.9) $65,000
Level III (40 to 59.9) $40,000
Level II (20 to 39.9) $24,000
Level I (less than 20) $10,000

Source: Before-Tax Family Income, 2001 Federal Reserve Board Survey


The next method is looking at the net worth of families:

Net worth parking ramp

Net worth (percentile) Median net worth (rounded)
Level VI (90 to 100) $833,600
Level V (80 to 89.9) $263,100
Level IV (60 to 79.9) $141,500
Level III (40 to 59.9) $62,500
Level II (20 to 39.9) $37,200
Level I (less than 20) $7,900

Source: Family Net Worth, 2001 Federal Reserve Board Survey

In one way these levels seem so high and compared to half of Americans they are.

If you and yours are bringing in $40,000 a year, you’re doing better than half the households in America.

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