RISINGFederal Reserve, BLSFebruary 2026🇺🇸 USEconomy & Inequality
📈

K-Shaped Economy — Are You on the Rising or Falling Side?

The US economy continues its K-shaped recovery, where high-income workers and asset owners thrive while lower-income households fall behind. Stock markets hit records while credit card delinquencies surge. This calculator assesses your position in the K-shaped economy based on income, assets, debt, and industry.

Concept Fundamentals
+18% wealth
Top 10%
Since 2020
-3% wealth
Bottom 50%
Since 2020
3.5%
CC Delinquency
Rising fast
+85%
S&P 500
Since 2020

Ready to run the numbers?

Why: The K-shaped economy describes an uneven recovery where the wealthy (upper line of the K) see rising incomes and asset values — top 10% average net worth $6.9M, up 42% since 2019 — while lower and middle-income households face stagnant wages and rising costs. This calculator personalizes where you stand by comparing your income, wealth, debt, and savings to Federal Reserve and Census benchmarks.

How: You enter household income, net worth, debt, housing costs, savings, and investment assets. The calculator interpolates your income and wealth percentiles from Census and Fed data, computes housing burden, savings rate, debt-to-income ratio, and financial stress score. It assigns you to Upper K, Middle Squeeze, or Lower K based on wealth percentile, savings rate, and housing burden.

Your income and wealth percentile vs. national benchmarksYour K position: Upper K, Middle Squeeze, or Lower K
Methodology
📊Percentile Benchmarks
Uses Federal Reserve wealth percentiles and Census income data for accurate positioning
📈K Position Logic
Upper K: wealth >75th percentile and savings >15%. Lower K: wealth <40th or housing >35%
💳Financial Stress Score
Composite of debt ratio, housing burden, savings gap, and credit card debt load

Run the calculator when you are ready.

Find Your PositionSee where you stand in the K-shaped economic recovery

Household & Income

Annual gross household income
Total assets minus liabilities
Mortgage, loans, student debt

Monthly Expenses & Savings

Rent or mortgage + utilities
Amount saved or invested monthly
Outstanding credit card balance

Investments & Demographics

Stocks, bonds, ETFs, 401k
Primary earner age
k_shaped_analysis.shCALCULATED
K Position
Middle Squeeze
K Score
44/100
Income Percentile
49.7%
Wealth Percentile
44.1%
Housing Burden
27.0%
Savings Rate
7.5%
Financial Stress
32/100
Trajectory
Declining
Recommendations
  • • Increase savings rate toward 15%
  • • Pay down high-interest credit card debt first
  • • Start or increase investment contributions
  • • Review housing costs — consider relocation if burden >30%

📊 Income vs Wealth Percentile Benchmarks

Your income compared to national percentile benchmarks

📈 The K Divergence: Upper vs Lower Trajectory

How the upper and lower lines of the K have diverged over 10 years

🍩 Financial Stress Breakdown

Components of your financial stress burden

📊 Affordability Index by Category

Your affordability score across major expense categories

K-Shaped Position Summary

MiddleSqueeze\text{Middle} \text{Squeeze}

You are in the Middle Squeeze with a K Score of 44/100. Income percentile: 49.7%, wealth percentile: 44.1%. Housing burden: 27.0%, financial stress: 32/100.

For educational and informational purposes only. Verify with a qualified professional.

The K-shaped economy describes an uneven recovery where the wealthy (upper line of the K) see rising incomes and asset values — top 10% average net worth $6.9M, up 42% since 2019 — while lower and middle-income households face stagnant wages and rising costs. Credit card debt tops $1.28 trillion (Feb 2026, NY Fed), consumer sentiment is near a 15-year low despite GDP growth, and the \'boomcession\' explains why Americans feel left behind. Wealth inequality and the K-shaped economy are more striking than ever.

$6.9M
Top 10% avg net worth
$80,610
Median household income 2025
$1.28T
Credit card debt (Feb 2026)
+25%
Food inflation since 2020

Sources: Federal Reserve Survey of Consumer Finances, NY Fed Consumer Credit Panel, BLS CPI, Census Bureau

Key Takeaways

  • • Top 10% wealth grew 42% since 2019; bottom 50% grew 45% from a low base ($51K avg)
  • • Housing costs consume 35% of median income; savings rate is 3.5% (near historic low)
  • • S&P 500 returned +23% (2024) and +18% (2025) — benefits mostly wealth holders
  • • Credit card APR averages 22.76%; wage growth 3.8% vs 2.4% CPI in 2025

Did You Know?

🔢 Top 10% own 87% of stocks — S&P gains flow to the wealthy
📊 Median net worth: $192,700; 25th percentile: $12,000
💡 90th percentile income: $222,000; 99th: $620,000
🌍 Healthcare costs up 18% since 2020
📈 Consumer sentiment near 15-year low despite GDP growth
🎯 Boomcession: GDP up, unemployment low, yet consumers stressed

How Does the K-Shaped Position Work?

Income vs Wealth Percentiles

Your income is compared to Census benchmarks; net worth to Federal Reserve wealth percentiles.

K Position

Upper K: wealth >75th percentile and savings >15%. Lower K: wealth <40th or housing >35% of income.

Financial Stress

Composite of debt ratio, housing burden, savings rate, and credit card debt load.

Expert Tips

Target 15%+ savings rate — even small increases compound over time.
Pay down credit card debt first — 22.76% APR destroys wealth faster than savings grow.
Start investing with $100/month in index funds — participation matters more than amount.
Keep housing <30% of income — relocation or downsizing can reduce stress significantly.

Income Percentile Benchmarks

PercentileIncomeNet WorthStock Market ParticipationHousing Burden
10th$17,000Low60%+
25th$35,000$12,000Low50%+
50th (Median)$80,610$192,700Moderate35%
75th$141,000$688,000High25%
90th$222,000$1.62MVery High15%

Frequently Asked Questions

What is a K-shaped economy?

A K-shaped economy describes an uneven recovery where the wealthy (upper line of the K) see rising incomes and asset values, while lower and middle-income households (lower line) face stagnant wages and rising costs. The term emerged after the 2020 recession.

How does the K-shaped economy affect me?

If you're in the lower K, you're likely experiencing rising housing costs (35%+ of income), credit card debt ($1.28T nationwide), and declining purchasing power. The upper K benefits from stock market gains (+18% in 2025) and real estate appreciation.

What is the 'boomcession'?

The boomcession describes the paradox where GDP grows and unemployment is low, yet consumers feel economically stressed. This disconnect exists because asset-price inflation (stocks, housing) benefits the wealthy, while everyday costs (food +25%, healthcare +18% since 2020) squeeze the middle class.

What percentile is my household income?

The median US household income is $80,610 (2025). Earning $141,000 puts you at the 75th percentile, $222,000 at the 90th, and $620,000 at the 99th. The bottom 25th percentile earns below $35,000.

How can I move from the lower K to the upper K?

Focus on three strategies: (1) increase investment participation — even $100/month in index funds compounds significantly, (2) reduce high-interest debt (average credit card APR is 22.76%), and (3) increase savings rate above 15% of income.

Why do I feel broke even though the economy is growing?

GDP growth disproportionately reflects corporate profits and asset prices, which benefit the top 10% who own 87% of stocks. Meanwhile, real wages have barely kept pace with inflation — food is up 25% and housing up 30%+ since 2020.

Key Statistics

$6.9M
Top 10% avg net worth
42%
Top 10% wealth growth since 2019
22.76%
Avg credit card APR
15-yr
Consumer sentiment low

Official Data Sources

⚠️ Disclaimer: This calculator is for educational purposes only. Percentile benchmarks are based on Federal Reserve and Census data. Results are estimates and do not constitute financial advice. Consult a qualified financial advisor for personalized planning. Not financial advice.

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