Wednesday, June 20, 2012

Net Worth Minus Home Equity

Take away the house, and Americans have little wealth. Median household net worth was $66,740 in 2010, according to the Census Bureau, but falls to just $15,000 if home equity is excluded. Here is median household net worth excluding home equity by age of householder...

Under age 35: $3,528
Aged 35 to 44: $11,945
Aged 45 to 54: $23,738
Aged 55 to 64: $40,990
Aged 65-plus: $28,518

Source: Census Bureau, Wealth and Asset Ownership

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