The wealthiest 5 percent in the U.S. maintained a steady growth rate for the five years between 2007 and 2012.
New orders from furniture retailers rose 4 percent in July compared with the same month last year, according to the latest Furniture Insights survey.
As expected, higher income households tend to spend more on home furnishings than those in lower income brackets.
The growth in households over the 12-year period of 2000 to 2012 has been primarily among people making more than $75,000 a year.
Over the next six years, the 55-to-64-year-old age group will continue to grow and will continue to increase in the number of furniture buying households.