Introduction to Personal InvestingThe Basics |
What is the midpoint, or median net worth, of families in America? |
According to a 2007 report by the U.S. Census Bureau, the median or midpoint of all families reporting shows that their net worth is $221,500, of which nearly 90.3% is in the form of equity in their houses. Of course, since the crash of the real estate markets in the United States in 2008, this number has decreased in some markets rather significantly. But it does demonstrate that many families derive a great percentage of their net worth from home ownership.