Editor's Note: This article was updated Aug. 13, 2021, with Gallup's latest data pertaining to Americans' stock ownership.
WASHINGTON, D.C. -- With the bull stock market continuing, it is fair to ask what percentage of Americans are personally invested in the market.
Thus far in 2021, Gallup finds 56% of Americans reporting that they own stock, based on polls conducted in April and July. This is similar to the average 55% recorded in both 2019 and 2020, and the average of 55% Gallup has measured since 2009.
Stock ownership was more common from 2001 to 2008 when an average 62% of U.S. adults said they owned stock -- but it fell after the 2007-2009 recession and has not fully rebounded.
Trend from 1998 to 2021 in percentage of U.S. adults who own stock, based on annual averages. The rate was 60% in 1998 and remained near this level through 2009 but has since trended lower. The figure has been steady near 55% from 2009 to 2021.
Gallup's measure of consumer stock ownership is based on a question asking respondents about any individual stocks they may own, as well as stocks included in a mutual fund or retirement savings account, like a 401(k) or IRA.
Stock ownership is strongly correlated with household income, formal education, age and race.
In 2021, the percentages owning stock range from highs of 89% of adults in households earning $100,000 or more and 84% of those with postgraduate education to lows of 24% of those in households earning less than $40,000 and 29% of Hispanic adults.
|Yes, own stock||No, do not||No. of interviews|
|Non-Hispanic White adults||65||34||1,442|
|Non-Hispanic Black adults||45||55||181|
|College graduate only||77||22||464|
|Gallup, April-July 2021|
Learn more about the decline in U.S. stock ownership since the Great Recession:
Read Gallup's latest release on Americans' views of the best type of investment: