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by embersbreaking 860 days ago
Interesting, I just pulled this the other day. Average (mean) bottom-20 household has 18 K in checking deposit assets and 200 K in total assets. even while that quintile’s income caps at $32K. America is a very rich country…
1 comments

Do you remember where you saw that? The Census figures are much lower: $11k total assets at the 25th percentile, $-1.5k at the 10th.

https://www.census.gov/content/dam/Census/library/publicatio...