Median Wealth facts
While investigating facts about Median Wealth By Country and Median Wealth In Us, I found out little known, but curios details like:
The median human is 14% poorer today than they were in 2007, even though total wealth is 20% higher. In a stark reversal from the 2000-2007 period, international inequality is not only increasing but is erasing any gains made by emerging economies.
how is median wealth calculated?
The USA is ranked 4th for average (mean) wealth per adult at $348,000. But it is ranked 10th for median wealth, at $53,000. (page 10)
What is the median wealth in the us?
In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what does median wealth mean. Here are 8 of the best facts about Median Wealth Australia and Median Wealth By Age I managed to collect.
what is median wealth?
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Iceland's median wealth per adult is 445k (in USD), nearly twice the value for the next highest country
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A gigantic gap in wealth in two consecutive NYC subway stops. The area around the Fulton Street station on the A/C line has a median income of $62,927; around Chambers St, the next stop, the income is $205,192. Chamber St area is highest in system; Sutter Ave ($12,288) in Brooklyn is lowest.
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Australia has the highest median net wealth per adult at $219,505
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In South Africa, during the atrocities of apartheid, the median black family held about 7 percent of typical white South African family net worth. Today, using Wolff’s analysis, the median African American family holds a mere 1.5 percent of median white American family wealth.
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The median wealth in Japan is almost three times the median wealth in the USA.
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The median household wealth of a black family in America in 2013 was $11,000. For a white family, the number was $141,000.
Median Wealth data charts
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Median wealth infographics
Beautiful visual representation of Median Wealth numbers and stats to get perspecive of the whole story.