How wealthy is the American middle class?

As of Q2 2024, the middle class holds $12.5 trillion in wealth — 8% of the U.S. total. That averages $472K per household.

U.S. middle-class wealth climbed steadily from the late '90s to the mid-2000s, decreased after the 2008 financial crisis, and started rebounding in 2012. By 2022, it hit an all-time high of $499K per household (a 60% jump from 2012).