Wealth and Income Concentration in the SCF: 1989–2019

Posted: 2 Oct 2020

See all articles by Jesse Bricker

Jesse Bricker

Board of Governors of the Federal Reserve System

Sarena Goodman

Board of Governors of the Federal Reserve System

Kevin B. Moore

Board of Governors of the Federal Reserve System

Alice Henriques Volz

Board of Governors of the Federal Reserve System

Dalton Ruh

Board of Governors of the Federal Reserve System

Date Written: September 28, 2020

Abstract

Using 2019 SCF data, we update estimates of the U.S. wealth and income distributions. These data indicate that wealth concentration in 2019 was similar to the levels seen in 2016 and near the historical high over the 1989–2019 period. Income concentration similarly remains high but declined between 2016 and 2019.

Suggested Citation

Bricker, Jesse and Goodman, Sarena and Moore, Kevin B. and Henriques Volz, Alice and Ruh, Dalton, Wealth and Income Concentration in the SCF: 1989–2019 (September 28, 2020). FEDS Notes No. 2020-09-28-1 https://doi.org/10.17016/2380-7172.2795 , Available at SSRN: https://ssrn.com/abstract=3703686

Jesse Bricker (Contact Author)

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States

Sarena Goodman

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States

Kevin B. Moore

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States

Alice Henriques Volz

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States

Dalton Ruh

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States

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