Table 2.
Trends in wealth inequality among children
Cohort |
|||
---|---|---|---|
Earlier: Aged 10–14 in 1980s | Later: Aged 10–14 in 1990s | Current: Aged 10–14 in 2015 | |
Median Net Worth | |||
Top 10 % | 788,728 | 893,577 | 1,198,000 |
Next 10 % | 361,406 | 374,908 | 396,000 |
Bottom 80 % | 57,055 | 39,977 | 21,000 |
Ratios | |||
Top 10 %/Next 10 % | 2.2 | 2.4 | 3.0 |
Top 10 %/Bottom 80 % | 13.8 | 22.4 | 57.0 |
Next 10 %/Bottom 80 % | 6.3 | 9.4 | 18.9 |
Share With Zero/Negative Net Worth | 0.097 | 0.137 | 0.231 |
Gini Coefficient | 0.719 | 0.797 | 0.879 |
Gini Coefficient (positive wealth) | 0.678 | 0.740 | 0.767 |