The richest town in each state far exceeds the typical household income.
The average income of the wealthiest 0.01 percent of households grew 17 times as fast as the income of the bottom 20 percent of earners between 1979 and 2020.
Annual household incomes in many parts of the country exceed the national average by tens or hundreds of thousands of dollars.
Wealth accumulation at the household level is primarily driven by earned income, with American households earning an average of about $105,800 each year.
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