IDEX Online Research: Good News for Jewelers, Wealthiest Americans Maintain Income LevelsOctober 12, 11
(IDEX Online News) – The Great Recession did not eat into wealthy families’ income levels as much as feared, based on data just released from the U.S. Census Bureau. In 2010, 20.5 percent of all American households reported incomes of $100,000 or greater.
Source: Census Bureau
$100,000 Households Still One-Fifth of
In 2010, 20.5 percent of all American households reported incomes of $100,000 or more. While this is down from the peak of 21.9 percent in 2007, it is above earlier estimates of only 19 percent for 2010.
The table on the right summarizes the increase over the past forty years in American households with $100,000 or more annual income. The income levels are stated in 2010 dollars; thus, these are real gains in household income levels.
High-Income Households Hold Most Potential for Jewelry Expenditures
High-income households – the 20 percent of all