Robert  Harsha, CFP®'s Profile Picture
Robert Harsha, CFP®
Financial Advisor
Yellowstone Financial Services
Contact Us

One Way to Wealth

About 13% of U.S. families owned a business in 2019, and they tended to have higher incomes and greater wealth overall than families without a business. Business ownership also rises with income.

4.5% of families with incomes in the 20th percentile or less had business equity. 37% of families in the 90th to 100th percentile had business equity.

Source: 2019 Survey of Consumer Finances, Federal Reserve Board, 2020