Open Secrets has data on members of the House and Senate in relation to their net worth. Here are some descriptive statistics:
Democrats & Republicans:
25th percentile = $228,006
Median = $791,004
75thth percentile = $2,962,519
Mean = $6,438,210
Republicans:
25th percentile = $269,007
Median = $999,381
75thth percentile = $3,421,512
Mean = $6,010,456
Democrats:
25th percentile = $217,001
Median = $718,756
75thth percentile = $2,516,033
Mean = $6,731952
Let’s limit to those who have positive net worth (greater than zero) and less than $50,000,000. This is about two standard deviations above the median, so it removes the top ~2% who tend to skew the results.
Democrats & Republicans:
25th percentile = $299,756
Median = $803,507
75thth percentile = $2,829,274
Mean = $3,134,246
Republicans:
25th percentile = $301,129
Median = $984,694
75thth percentile = $3,284,281
Mean = $3,540,125
Democrats:
25th percentile = $299,756
Median = $777,009
75thth percentile = $2,496,290
Mean = $2,835,933
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