Flagship tracker · monthly

Wealth Concentration Tracker

Share of US household wealth held by the top 1%, top 10%, and bottom 50%. Source: Federal Reserve Distributional Financial Accounts plus Thin Gold reconstruction. Latest reading: 2025 Q3.

Top 1% share
31.7%
As of 2025 Q3
Top 10% share
67.2%
As of 2025 Q3
Bottom 50% share
2.5%
As of 2025 Q3
Top 1% vs 1896
+4.7 pts
Versus Gilded-Age peak

About this chart

Three series, one chart: the Top 1% (gold), Top 10% (red), and Bottom 50% (blue) shares of total US household wealth. Together they describe how concentrated the wealth distribution has become since the first Gilded Age. The 1896 marker anchors the high-water year of agrarian populism; the 2026 reading is the publication's running test of whether economic populism can end the Second Gilded Age.

Color choice

The gold-red-blue triad on this chart encodes extremes within the wealth distribution, not partisan affiliation. The gold line is the publication's signature color and tracks the Top 1%; the red line marks the broader Top 10% (a different cut, included for context); the blue line is the Bottom 50%, the share that has stayed in the low single digits for most of the era. Lines are explicitly labeled in the legend so the encoding is unambiguous.

Method & sources

Pre-1989 figures are from Saez & Zucman and the World Inequality Database; 1989-present is from the Federal Reserve Distributional Financial Accounts. Reconstruction notes for any divergence between sources are tracked in the per-series methodology page (forthcoming under /methodology/wealth-concentration per Sprint 2 of the Election-Trust Sprint).

Top 0.1% (forthcoming). The Top 0.1% share — the most acute measure of concentration — is currently being added to the pipeline and will appear as a fourth line in a follow-up release. Until then, the Top 10% line provides the broader-cut context.