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

What Percentage of Americans Own Stock?

Editor's Note: This article was updated May 24, 2023, with Gallup's latest data pertaining to Americans' stock ownership.

WASHINGTON, D.C. -- Gallup finds 61% of Americans reporting that they own stock, based on its April Economy and Personal Finance survey. This is up from the 56% measured in 2021 and 55% measured in 2020, and is the highest it has been since 2008.

Stock ownership averaged 62% between 2001 and 2008 -- but it fell after the 2007-2009 recession and remained at a reduced level until this year.

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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, marital status and race.

In 2023, the percentages owning stock range from highs of 84% of adults in households earning $100,000 or more and about eight in 10 college graduates and postgraduates to a low of 29% of those in households earning less than $40,000.

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Read Gallup’s latest article on stock ownership:

U.S. Stock Ownership Highest Since 2008

Learn more about the decline in U.S. stock ownership after 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:

Real Estate's Lead as Best Investment Shrinks; Gold Rises

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