U.S. wealth distribution over time by generation 2024

In the first quarter of 2024, 51.8 percent of the total wealth in the United States was owned by members of the baby boomer generation. In comparison, millennials own around 9.4 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 from the first quarter of 1990 to the first quarter of 2024, by generation

Characteristic	Silent	Baby boomer	Generation X	Millennial
2024:Q1	13.1%	51.8%	25.8%	9.4%
2023:Q4	13.4%	51.8%	25.7%	9.1%
2023:Q3	13.6%	51.6%	25.6%	9.2%
2023:Q2	13.8%	51.7%	25.5%	9%
2023:Q1	14%	52%	25.5%	8.5%
2022:Q4	14.2%	51.8%	25.4%	8.6%
2022:Q3	14.5%	51.4%	25.5%	8.7%
2022:Q2	14.4%	51.4%	25.6%	8.7%
2022:Q1	14.6%	51.5%	25.6%	8.3%
2021:Q4	14.8%	52.1%	25.6%	7.6%
2021:Q3	15%	52.3%	25.5%	7.2%
2021:Q2	15.2%	52.7%	25.5%	6.7%
2021:Q1	15.3%	53%	25.4%	6.3%
2020:Q4	15.6%	53.4%	25.2%	5.8%
2020:Q3	15.7%	53.9%	25.1%	5.4%
2020:Q2	15.9%	54.2%	24.9%	4.9%
2020:Q1	16.1%	54.9%	24.7%	4.3%
2019:Q4	16.5%	54.7%	24.7%	4.1%
2019:Q3	16.7%	55%	24.6%	3.7%
2019:Q2	17.3%	55.1%	23.9%	3.7%
2019:Q1	17.9%	55.4%	23.2%	3.6%
2018:Q4	18.4%	55.9%	22.4%	3.2%
2018:Q3	19%	55.7%	22%	3.3%
2018:Q2	19.6%	55.9%	21.3%	3.3%
2018:Q1	20.2%	56%	20.6%	3.2%
2017:Q4	20.8%	56.2%	19.8%	3.1%
2017:Q3	21.5%	56.5%	19%	3%
2017:Q2	22.1%	56.8%	18.2%	2.9%
2017:Q1	22.7%	57%	17.4%	2.8%
2016:Q4	23.4%	57.4%	16.5%	2.7%
2016:Q3	24.1%	57.6%	15.7%	2.6%
2016:Q2	24.5%	57.4%	15.5%	2.5%
2016:Q1	24.9%	57.4%	15.4%	2.4%
2015:Q4	25.3%	57.2%	15.4%	2.2%
2015:Q3	25.7%	57%	15.2%	2.1%
2015:Q2	25.9%	56.4%	15.5%	2.1%
2015:Q1	26.3%	56.2%	15.5%	2%
2014:Q4	26.7%	56%	15.4%	1.8%
2014:Q3	27.1%	55.8%	15.5%	1.7%
2014:Q2	27.4%	55.3%	15.6%	1.6%
2014:Q1	27.8%	55.1%	15.5%	1.5%
2013:Q4	28.3%	54.8%	15.5%	1.4%
2013:Q3	28.8%	54.5%	15.4%	1.3%
2013:Q2	29.5%	54.6%	14.7%	1.2%
2013:Q1	30.2%	54.5%	14.2%	1.1%
2012:Q4	30.9%	55.1%	13.3%	0.7%
2012:Q3	31.5%	54.9%	12.9%	0.8%
2012:Q2	32%	55.1%	12.2%	0.7%
2012:Q1	32.4%	55%	11.9%	0.7%
2011:Q4	33%	55.2%	11.1%	0.7%
2011:Q3	33.5%	55.4%	10.5%	0.6%
2011:Q2	33.6%	54.9%	10.7%	0.8%
2011:Q1	34%	55%	10.3%	0.7%
2010:Q4	34.5%	55%	9.7%	0.8%
2010:Q3	35.1%	55.2%	9%	0.7%
2010:Q2	35.9%	55%	8.5%	0.6%
2010:Q1	36.4%	54.2%	8.8%	0.7%
2009:Q4	37.1%	53.8%	8.5%	0.6%
2009:Q3	37.8%	53.5%	8.2%	0.5%
2009:Q2	38.7%	53.3%	7.5%	0.5%
2009:Q1	39.6%	52.9%	7%	0.5%
2008:Q4	39.9%	52.6%	7.1%	0.5%
2008:Q3	39.8%	51.9%	8%	0.4%
2008:Q2	39.8%	51.4%	8.5%	0.3%
2008:Q1	40.2%	50.6%	8.8%	0.4%
2007:Q4	40.3%	50%	9.2%	0.5%
2007:Q3	40.7%	49.4%	9.4%	0.4%
2007:Q2	41.1%	49.1%	9.4%	0.5%
2007:Q1	41.6%	48.7%	9.2%	0.5%
2006:Q4	42.1%	48.3%	9.1%	0.5%
2006:Q3	42.8%	48%	8.7%	0.4%
2006:Q2	43.4%	47.7%	8.5%	0.4%
2006:Q1	43.8%	47.3%	8.5%	0.4%
2005:Q4	44.5%	47%	8.1%	0.4%
2005:Q3	45.1%	46.6%	7.9%	0.4%
2005:Q2	46%	46.2%	7.5%	0.4%
2005:Q1	46.6%	45.9%	7.3%	0.3%
2004:Q4	47.1%	45.7%	6.9%	0.2%
2004:Q3	48.1%	45.2%	6.5%	0.2%
2004:Q2	48.5%	44.8%	6.5%	0.2%
2004:Q1	49.1%	44.3%	6.4%	0.2%
2003:Q4	49.6%	44%	6.2%	0.1%
2003:Q3	50.3%	43.8%	5.8%	0.1%
2003:Q2	50.9%	43.3%	5.7%	0.1%
2003:Q1	51.7%	42.9%	5.2%	0.1%
2002:Q4	52.1%	42.6%	5.2%	0.1%
2002:Q3	52.5%	42.3%	5.1%	0.1%
2002:Q2	52.3%	42.2%	5.4%	0.1%
2002:Q1	52.2%	42%	5.8%	0.1%
2001:Q4	52.7%	41.6%	5.6%	0%
2001:Q3	53.5%	41.3%	5.2%	0%
2001:Q2	53.4%	40.9%	5.6%	0%
2001:Q1	54.2%	40.5%	5.3%	0%
2000:Q4	54.5%	40%	5.5%	0%
2000:Q3	54.5%	39.6%	5.8%	0%
2000:Q2	55.2%	39%	5.7%	0%
2000:Q1	55.6%	38.6%	5.8%	0%
1999:Q4	56.6%	37.9%	5.5%	0%
1999:Q3	58.4%	36.8%	4.8%	0%
1999:Q2	58.8%	36.3%	4.8%	0%
1999:Q1	59.8%	35.7%	4.5%	0%
1998:Q4	60.5%	35.2%	4.3%	0%
1998:Q3	62.3%	34.2%	3.4%	0%
1998:Q2	62.2%	34%	3.9%	0%
1998:Q1	62.6%	33.5%	3.8%	0%
1997:Q4	64%	32.7%	3.3%	0%
1997:Q3	64.4%	32.3%	3.3%	0%
1997:Q2	65.2%	31.8%	3%	0%
1997:Q1	66.5%	31%	2.5%	0%
1996:Q4	66.9%	30.7%	2.4%	0%
1996:Q3	67.6%	30.2%	2.2%	0%
1996:Q2	67.9%	29.9%	2.2%	0%
1996:Q1	68.2%	29.6%	2.2%	0%
1995:Q4	68.8%	29.1%	2.1%	0%
1995:Q3	69.5%	28.5%	2%	0%
1995:Q2	70.2%	28%	1.8%	0%
1995:Q1	71.2%	27.2%	1.6%	0%
1994:Q4	72.1%	26.5%	1.4%	0%
1994:Q3	72.3%	26.3%	1.4%	0%
1994:Q2	72.9%	25.7%	1.3%	0%
1994:Q1	73.1%	25.5%	1.4%	0%
1993:Q4	73.2%	25.3%	1.4%	0%
1993:Q3	73.8%	24.8%	1.3%	0%
1993:Q2	74.5%	24.3%	1.2%	0%
1993:Q1	75%	23.8%	1.2%	0%
1992:Q4	75.6%	23.3%	1.1%	0%
1992:Q3	76.7%	22.3%	1%	0%
1992:Q2	77.3%	21.8%	0.9%	0%
1992:Q1	77.5%	21.6%	1%	0%
1991:Q4	77.5%	21.5%	1%	0%
1991:Q3	78.3%	20.8%	0.8%	0%
1991:Q2	78.8%	20.4%	0.8%	0%
1991:Q1	78.8%	20.5%	0.7%	0%
1990:Q4	79.4%	19.9%	0.6%	0%
1990:Q3	80%	19.5%	0.5%	0%
1990:Q2	79.7%	19.8%	0.5%	0%
1990:Q1	79.8%	19.7%	0.5%	0%
1989:Q4	79.8%	19.7%	0.4%	0%
1989:Q3	80.2%	19.5%	0.4%	0%

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Release date

June 2024

More information

Region

United States

Survey time period

Q1 1990 to Q1 2024

Supplementary notes

Distributions by generation are defined by birth year as follows: Silent and Earlier = born before 1946, Baby Boomer = born 1946-1964, Gen X = born 1965-1980, and Millennial = born 1981 or later.

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