File:US distribution of wealth, 2013.svg

Summary

Description
English: U.S. distribution of net wealth, 2013. Based on the Survey of Consumer Finance. The chart is divided into the top 20% (blue), upper middle 20% (orange), middle 20% (red), and bottom 40% (green). (The net wealth of people in the lowest 20% is negative because of debt.)
Date
Source Own work
Author Omegatron
SVG development
InfoField
Source code
InfoField

Python code

Source code
import numpy as np
import matplotlib.pyplot as plt
import matplotlib as mpl

bin_sizes = np.array((1, 4, 5, 10, 20, 20, 40, 0))[::-1]
bin_edges = np.cumsum(bin_sizes)

net_worth_2007 = np.array((34.6,	27.3,	11.2,	12,		10.9,	4,	0.2))[::-1]
net_worth_2013 = np.array((36.7,	28.2,	12.2,	11.8,	9.3,	2.7,	-0.9))[::-1]

fake_data = bin_edges[:-1]+1

plt.grid(True, which='both')

bar_list = plt.hist(fake_data, bins=bin_edges, weights=net_worth_2013,
                    normed=True)

# Colors from pie chart template
bar_list[2][0].set_color('#008000')
bar_list[2][1].set_color('#bc514c')
bar_list[2][2].set_color('#ffa500')
bar_list[2][3].set_color('#96b2da')
bar_list[2][4].set_color('#588cdb')
bar_list[2][5].set_color('#385f96')
bar_list[2][6].set_color('#273f64')


plt.title('US Distribution of Wealth, 2013')
plt.figtext(0.01, 0.01, 'Edward N. Wolff, 2014', horizontalalignment='left',
            size='small')
plt.xlabel('% of population')
plt.ylabel('% of wealth / % of population')
plt.margins(0, 0)


def y_to_percent(y, position):
    s = f'{100 * y:.0f}%'
    return s


def x_to_percent(y, position):
    s = f'{y:.0f}%'
    return s


# Set the formatter
plt.gca().yaxis.set_major_formatter(mpl.ticker.FuncFormatter(y_to_percent))
plt.gca().xaxis.set_major_formatter(mpl.ticker.FuncFormatter(x_to_percent))

Source: Edward N. Wolff, Household Wealth Trends in the United States, 1962-2013: What Happened over the Great Recession?, NBER Working Paper No. 20733, December 2014

http://www.nber.org/papers/w20733

Based on: Survey of Consumer Finance, Federal Reserve.

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w:en:Creative Commons
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Category:CC-BY-SA-4.0#US%20distribution%20of%20wealth,%202013.svgCategory:Self-published work
Category:Wealth statistics for the United States Category:Vertical histograms
Category:CC-BY-SA-4.0 Category:Self-published work Category:Valid SVG created with Matplotlib code Category:Vertical histograms Category:Wealth statistics for the United States