In 2010, there are 105,480,101 households in the United States and they had a median income of $52,029.
In 2010, there are 4,700,000 households with a net worth of $1,000,000, or more, up from 3,800,000 in 2004. Those 3.6% of all U.S. households have 53% of all the wealth in the U.S.
Income distribution in the United States becomes more unequal daily.
The U.S. government has taken a census every decade since 1790. Every census from 1790 until 1960 showed income in the U.S. being increasingly widely distributed. That century long trend came to an abrupt halt, and since then income has become ever more unevenly distributed.
What do you think happened between 1950 and 1960 to cause this hugely significant shift in income distribution?
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