WASHINGTON — The wealth gap between middle- and upper-income households has widened to the highest level on record, says a new report.

Using the latest Federal Reserve data, the Pew Research Center said Wednesday that the median wealth for high-income families was $639,400 last year – up 7 percent from three years earlier when inflation-adjusted.

For middle-income families, the median wealth – assets minus debts – stood at $96,500 last year, unchanged from 2010.

The result is that the typical wealth of upper-income households last year was nearly seven times that of middle-class ones. By Pew’s calculations, that is the biggest gap in the 30 years the Fed has collected statistics.

“The latest data reinforces the larger story of America’s middle-class household wealth stagnation over the past three decades,” Pew said. “The Great Recession destroyed a significant amount of middle-income and lower-income families’ wealth, and the economic ‘recovery’ has yet to be felt for them.”


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