Looking at the Real vs. Imagined Welath Distribution, it's easy to see that people underestimate the top 20%, but what is striking to me is the the bottom 40% isn't even visible on the actual distribution because they make up about %0.3. Call me ignorant but that was a big surprise to me.
EDIT: Just wanted to make it clear that the slate link is only about wealth and not income.
Evidence shows that most people don't know the actual wealth distribution in this country: http://www.slate.com/id/2268872
Looking at the Real vs. Imagined Welath Distribution, it's easy to see that people underestimate the top 20%, but what is striking to me is the the bottom 40% isn't even visible on the actual distribution because they make up about %0.3. Call me ignorant but that was a big surprise to me.
EDIT: Just wanted to make it clear that the slate link is only about wealth and not income.