Black Excellence

The Amount That Puts You In The 1% In America

the one percent, rich vs wealthy

You have heard the phrase “The One Percent” before, but what amount of income puts a person in the 1% in America?

According to the Economy Policy Institute, the average income was $737,697 among the top 1% of earners in the U.S. Among the top 5% of earners, the average income was $309,348.

What about the average American? What’s an average income and what do most people consider to be wealthy? 

And what’s the difference between rich and wealthy?

Lean about that and much more in our latest episode of Finding Fortune. WATCH below.

 

BExcellence Team

The Black Excellence Team is here to deliver to you the best in black culture, lifestyle, travel, and more!