Tag: Pew Research Center

Pew Research Center Report: Lower and Middle-Income Households Experience Surging Net Worth During Early Pandemic, But Widening Wealth Gap Persists

Dec 5, 2023

—

by

Reia Leen Delantar

in Finance

The median wealth of lower-income households surged by an impressive 101% between December 2019 and December 2021, while the middle class witnessed a substantial 29% growth. The Pew Research Center released on Monday, it was revealed that during the early stages of the COVID-19 pandemic, lower-income and middle-class households experienced a more rapid increase in…