America's wealthiest families now have the biggest families in stunning reversal
America's wealthiest families now have the biggest families in stunning reversal
America's wealthiest families now have the biggest families in stunning reversal
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- About half of America's richest 1% now have three or more children, the highest share of any income group, compared with 40% of all other households, according to a new analysis of Federal Reserve survey data.
- That reverses a decades-old pattern: in 1980 wealthier women were the least likely to have more children.
- Analysts point to cost, with raising a child estimated at $300,000 before college, against a median household income of $87,000, while the top 1% earn at least $660,000 a year.
- About half of America's richest 1% now have three or more children, the highest share of any income group, compared with 40% of all other households, according to a new analysis of Federal Reserve survey data.
- That reverses a decades-old pattern: in 1980 wealthier women were the least likely to have more children.
- Analysts point to cost, with raising a child estimated at $300,000 before college, against a median household income of $87,000, while the top 1% earn at least $660,000 a year.
- About half of America's richest 1% now have three or more children, the highest share of any income group, compared with 40% of all other households, according to a new analysis of Federal Reserve survey data.
- That reverses a decades-old pattern: in 1980 wealthier women were the least likely to have more children.
- Analysts point to cost, with raising a child estimated at $300,000 before college, against a median household income of $87,000, while the top 1% earn at least $660,000 a year.
About half of America's richest 1% now have three or more children, the highest share of any income group, compared with 40% of all other households, according to a new analysis of Federal Reserve survey data. That reverses a decades-old pattern: in 1980 wealthier women were the least likely to have more children. Analysts point to cost, with raising a child estimated at $300,000 before college, against a median household income of $87,000, while the top 1% earn at least $660,000 a year. About 42% of Americans say they would ideally like three or more children, while the actual average is 1.6 children per woman.
About half of America's richest 1% now have three or more children, the highest share of any income group, compared with 40% of all other households, according to a new analysis of Federal Reserve survey data. That reverses a decades-old pattern: in 1980 wealthier women were the least likely to have more children. Analysts point to cost, with raising a child estimated at $300,000 before college, against a median household income of $87,000, while the top 1% earn at least $660,000 a year. About 42% of Americans say they would ideally like three or more children, while the actual average is 1.6 children per woman.
About half of America's richest 1% now have three or more children, the highest share of any income group, compared with 40% of all other households, according to a new analysis of Federal Reserve survey data. That reverses a decades-old pattern: in 1980 wealthier women were the least likely to have more children. Analysts point to cost, with raising a child estimated at $300,000 before college, against a median household income of $87,000, while the top 1% earn at least $660,000 a year. About 42% of Americans say they would ideally like three or more children, while the actual average is 1.6 children per woman.
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