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The Short Answer
What Percentage of Americans Owns Stock?
The Short Answer

What Percentage of Americans Owns Stock?

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.

Stock

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.

Stock Ownership Among Major U.S. Subgroups, 2021
Yes, own stock No, do not No. of interviews
% %
U.S. adults 56 43 1,968
Men 60 40 1,069
Women 53 47 899
18-29 39 61 265
30-49 60 40 489
50-64 62 37 520
65+ 59 39 670
Non-Hispanic White adults 65 34 1,442
Non-Hispanic Black adults 45 55 181
Hispanic adults 29 71 221
Postgraduate 84 16 380
College graduate only 77 22 464
Some college 56 43 667
No college 33 67 440
$100,000+ 89 11 504
$40,000-$99,999 63 37 753
<$40,000 24 76 519
Republicans 65 34 561
Independents 51 48 794
Democrats 56 43 568
Gallup, April-July 2021

Learn more about the decline in U.S. stock ownership since the Great Recession:

U.S. Stock Ownership Down Among All but Older, Higher-Income

Read Gallup's latest release on Americans' views of the best type of investment:

Americans Expect Home Prices to Rise; Divided on Buying Now


Gallup https://news.gallup.com/poll/266807/percentage-americans-owns-stock.aspx
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