In the third quarter of 2024, 51.6 percent of the total wealth in the United States was owned by members of the baby boomer generation. In comparison, millennials owned around ten percent of total wealth in the U.S. In terms of population distribution, there is almost an equal share of millennials and baby boomers in the United States.
Wealth distribution in the United States in the 3rd quarter of 2024, by generation
Share of the population
Share of total wealth
Silent and earlier
12.6%
Baby boomer
51.6%
Generation X
25.8%
Millennial
10%
Created with Highcharts 7.2.2
• Silent and earlier 12.6%
• Baby boomer 51.6%
• Generation X 25.8%
• Millennial 10%
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Federal Reserve. (December 20, 2024). Wealth distribution in the United States in the 3rd quarter of 2024, by generation [Graph]. In Statista. Retrieved April 02, 2025, from https://www.statista.com/statistics/1376620/wealth-distribution-for-the-us/
Federal Reserve. "Wealth distribution in the United States in the 3rd quarter of 2024, by generation." Chart. December 20, 2024. Statista. Accessed April 02, 2025. https://www.statista.com/statistics/1376620/wealth-distribution-for-the-us/
Federal Reserve. (2024). Wealth distribution in the United States in the 3rd quarter of 2024, by generation. Statista. Statista Inc.. Accessed: April 02, 2025. https://www.statista.com/statistics/1376620/wealth-distribution-for-the-us/
Federal Reserve. "Wealth Distribution in The United States in The 3rd Quarter of 2024, by Generation." Statista, Statista Inc., 20 Dec 2024, https://www.statista.com/statistics/1376620/wealth-distribution-for-the-us/
Federal Reserve, Wealth distribution in the United States in the 3rd quarter of 2024, by generation Statista, https://www.statista.com/statistics/1376620/wealth-distribution-for-the-us/ (last visited April 02, 2025)
Wealth distribution in the United States in the 3rd quarter of 2024, by generation [Graph], Federal Reserve, December 20, 2024. [Online]. Available: https://www.statista.com/statistics/1376620/wealth-distribution-for-the-us/
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