How Much Do The Wealthiest Americans Really Earn?

Saturday, 23 March 2024, 12:30

Discover the income gap in the United States as the top 5% of households pull in over $295,001 annually. Learn the financial habits that can help you build wealth regardless of your income level. Find out how personal finance moves can make a significant impact on your journey to financial success.
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How Much Do The Wealthiest Americans Really Earn?

Income Disparity in America

The top 20% of earners have incomes of $153,001 or more, but the top 5% have even higher earnings to report.

How much the richest Americans earn

Households in the highest quintile had an income of $153,001 or above, while the top 5% earned $295,001 or more in 2022.

Strategies to build wealth

  • Cap fixed expenses at 50% of your income
  • Limit discretionary spending to 30% of your income
  • Save 20% of your income for retirement and goals

Take charge of your financial future by making smart money moves, regardless of your income level.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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