US EditionAmericans’ net worth surged by a record 37% from 2019-2022
- The median net worth of the typical U.S. Household grew by 37% from 2020 to 2022, reaching nearly $193,000, thanks to the rise in home values and higher stock prices, alongside an increase in homeownership and stock ownership.
- Despite the pandemic recession that caused 20 million job losses, the U.S. economy remained strong, thanks to the broad-based increase in household wealth, which contributed to consumer spending.
- While wealth inequality still persists, the increase in household net worth benefited Black and Hispanic households more, with a 60% jump for Black households and a 47% surge for Hispanic households. However, the median net worth for these groups remained comparatively low.
35 Articles
35 Articles
New report says surge in wealth has boosted most US households
WASHINGTON — The net worth of the typical U.S. household grew at the fastest pace in more than three decades from 2020 through 2022, while relatively low interest rates at that time made it easier for households to pay their…
A surge in wealth has boosted most US households since 2020 and helped sustain economic growth
The net worth of the typical U.S. household grew at the fastest pace in more than three decades from 2020 through 2022, while relatively low interest rates at that time made it easier for households to pay their debts. Wealth for the median household — the midpoint between the richest and poorest households — jumped 37% during those three years, the Federal Reserve reported, to nearly $193,000. (The figures are adjusted for inflation.) The incre…
A surge in wealth has boosted most US households since 2020 and helped sustain economic growth
The net worth of the typical U.S. household grew at the fastest pace in more than three decades from 2020 through 2022, while relatively low interest rates at that time made it easier for households to pay their debts. Wealth for the median household — the midpoint between the richest and poorest households — jumped 37% during those three years, the Federal Reserve reported, to nearly $193,000. (The figures are adjusted for inflation.) The incre…
A surge in wealth has boosted most US households since 2020 and helped sustain economic growth
The net worth of the typical U.S. household grew at the fastest pace in more than three decades from 2020 through 2022, while relatively low interest rates at that time made it easier for households to pay their debts. Wealth for the median household — the midpoint between the richest and poorest households — jumped 37% during those three years, the Federal Reserve reported, to nearly $193,000. (The figures are adjusted for inflation.) The incre…
A surge in wealth has boosted most US households since 2020 and helped sustain economic growth
The net worth of the typical U.S. household grew at the fastest pace in more than three decades from 2020 through 2022, while relatively low interest rates at that time made it easier for households to pay their debts. Wealth for the median household — the midpoint between the richest and poorest households — jumped 37% during those three years, the Federal Reserve reported, to nearly $193,000. (The figures are adjusted for inflation.) The incre…
A surge in wealth has boosted most US households since 2020 and helped sustain economic growth
The net worth of the typical U.S. household grew at the fastest pace in more than three decades from 2020 through 2022, while relatively low interest rates at that time made it easier for households to pay their debts. Wealth for the median household — the midpoint between the richest and poorest households — jumped 37% during those three years, the Federal Reserve reported, to nearly $193,000. (The figures are adjusted for inflation.) The incre…
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