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Economy/Top 1% Wealth
Money & CreditUpdated with every release

Top 1% Wealth Share

This indicator measures the percentage of total US household net worth — assets minus liabilities — held by the top 1% of households by wealth, calculated from the Federal Reserve's Distributional Financial Accounts. Net worth spans real estate, corporate equities, private business interests, pensions, and durables, less mortgages and consumer credit.

Latest reading

As of October 2025, Top 1% Wealth (Top 1% net-worth share) stands at 31.9% — up from 31.7% the prior reading. A rising share signals wealth concentrating at the top, typically driven by stock-market gains since the wealthy hold a disproportionate share of equities; a falling share points to broader distribution, often during downturns or housing booms. Look at multi-year trends rather than volatile quarter-to-quarter swings. The share sat near 23% in the late 1970s and climbed above 32% by 2021, the highest since the Fed began tracking in 1989. Series history runs from 1993 to present.

Source
Federal Reserve DFA via FRED (WFRBST01134), quarterly
Methodology
Share of Net Worth Held by the Top 1% (99th to 100th Wealth Percentiles)
Updates
Quarterly
Last: 2025-10-01
Top 1% Wealth2025-10-01
31.9%
from 31.7%

Top 1% net-worth share

All-time high 31.9% (2025-10)
All-time low 24.0% (1993-01)
Since 1993
Observations 132

Next release: TBD

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Full history

Range:
Top 1% net-worth shareSPY price (right, since 1993)
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How to read it

A rising share signals wealth concentrating at the top, typically driven by stock-market gains since the wealthy hold a disproportionate share of equities; a falling share points to broader distribution, often during downturns or housing booms. Look at multi-year trends rather than volatile quarter-to-quarter swings. The share sat near 23% in the late 1970s and climbed above 32% by 2021, the highest since the Fed began tracking in 1989.

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Methodology & data

Top 1% Wealth is sourced from Fed via the Federal Reserve's FRED service (Federal Reserve DFA via FRED (WFRBST01134), quarterly). We pull the complete history, chart it on a quarterly basis, overlay SPY for context, and generate a dated plain-English reading from the latest release — with no smoothing or adjustment beyond what the chart legend states.

Every reading is stamped with its release date, last updated 2026-06-09. See our methodology for the standards every series on the site is held to.

Category
Money & Credit
Frequency
Quarterly
Source
Fed
Download CSV
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Related indicators

All economic indicators
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Frequently asked questions

What is the Top 1% Wealth Share?

This indicator measures the percentage of total US household net worth — assets minus liabilities — held by the top 1% of households by wealth, calculated from the Federal Reserve's Distributional Financial Accounts. Net worth spans real estate, corporate equities, private business interests, pensions, and durables, less mortgages and consumer credit.

How do you read Top 1% Wealth?

A rising share signals wealth concentrating at the top, typically driven by stock-market gains since the wealthy hold a disproportionate share of equities; a falling share points to broader distribution, often during downturns or housing booms. Look at multi-year trends rather than volatile quarter-to-quarter swings. The share sat near 23% in the late 1970s and climbed above 32% by 2021, the highest since the Fed began tracking in 1989.

Where does the Top 1% Wealth data come from?

Federal Reserve DFA via FRED (WFRBST01134), quarterly. We chart the full history and publish a dated, plain-English reading with every release; the raw series is downloadable as CSV at /data/indicators/wealth-distribution.csv.

How often is Top 1% Wealth updated?

Top 1% Wealth is a quarterly series from Fed, refreshed here as soon as a new release posts to FRED.