Wealth

Share of Households, by Investable Assets

Santa Clara & San Mateo Counties

Data Source:

Phoenix Global Wealth Monitor

Claritas

Analysis:

Silicon Valley Institute for Regional Studies

2020 and 2022 data are from Claritas, Claritas Income Producing Assets Indicators model based on the Survey of Consumer Finances. 2018 data are from Phoenix Global Wealth Monitor (which utilizes Claritas data). Silicon Valley includes Santa Clara and San Mateo Counties. Investable Assets include education/custodial accounts, individually-owned retirement accounts, stocks, options, bonds, mutual funds, managed accounts, hedge funds, structured products, ETFs, cash accounts, annuities, and cash value life insurance. Segment distributions are approximations. 2018 market sizing estimates were used to estimate 2020 and 2022 market sizes for $3-4.99 million, $5-9.99 million, and $10+ million. The distribution of wealth among households with less than $25,000 in investable assets was calculated applying the national breakdown (U.S. Census Bureau, Survey of Income and Program Participation 2018 for 2018 data, and 2019 for 2020 and 2022 data). The Phoenix Wealth and Affluent Monitor (W&AM) U.S. Sizing Report is intended to provide estimates of the number of affluent and High Net Worth households in the country. Sizing estimates are provided at the state level as well as by Core-Based Statistical Areas (CBSAs), which is comprised of Metropolitan and Micropolitan Statistical Areas (933 in the country). The W&AM sizing estimates are developed using a combination of sources including the Survey of Consumer Finance, as well as Nielsen-Claritas. National data and closely linked variables are used to obtain estimates at the local level; thus, the county-level data are approximations only.

Investable assets are all liquid assets such as checking accounts, CDs, and retirement accounts. Percentages are rounded and may not add up to 100%.

Resources for Relevant Data and Reports (show)

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