Dec 272014
 
Wealth Gap Widest on Record

The typical affluent family in America now has nearly seven times the wealth of a middle-income family, the biggest wealth gap in three decades, according to a new analysis by Pew Research Center.

Last year, the median wealth of upper-income families in the U.S. ($639,400) was 6.6 times bigger than that of middle-income families ($96,500), up from 6.2 times in 2010.

Upper-income families now have a median wealth level that is nearly 70 times that of lower-income families.

As America’s economy has rebounded, the gap between the rich and everyone else has increased.

via Wealth Gap between America’s Rich and Middle-Class Families Widest on Record – Real Time Economics – WSJ.