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Data source: Federal Reserve 2022 Survey of Consumer Finances. As shown above, the median American household reported a retirement account balance of $87,000 and a net worth of $192,700 in the ...
The Federal Reserve publishes information on the distribution of household assets, debt, and equity (net worth) by quarter going back to 1989. The tables below summarize the net worth data, in real terms (adjusted for inflation), for 1989 to 2022, and 2016 to 2022.
Between 2019 and 2022, Americans' real median net worth surged 37%, the largest three-year increase over the history of the Federal Reserve Board's triennial Survey of Consumer Finance. In ...
The Federal Reserve’s 2019 Survey of Consumer Finances broke out net worth by age and found the average net worth of a household headed by a 50 to 54-year-old is $897,663. This outpaces the ...
U.S. family pre-tax income and net worth distribution for 2013 and 2016, from the Federal Reserve Survey of Consumer Finances. [ 48 ] Household income in the United States varies substantially with the age of the person who heads the household.
Federal deficits as a percent of GDP. The financial position of the United States includes assets of at least $269 trillion (1576% of GDP) and debts of $145.8 trillion (852% of GDP) to produce a net worth of at least $123.8 trillion (723% of GDP). [ a] GDP in Q1 decline was due to foreclosures and increased rates of household saving.
To be precise, the mean net worth of an American household, adjusted for inflation, was $1.06 million in 2022, according to the Federal Reserve's consumer finance survey.
Wealth inequality is more unequal than income inequality, with the top 1% households owning approximately 42% of the net worth in 2012, versus 24% in 1979. [219] According to a September 2017 report by the Federal Reserve, wealth inequality is at record highs; the top 1% controlled 38.6% of the country's wealth in 2016. [220]