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Median net worth of U.S. households. The latest Federal Reserve survey data found that the median U.S. family net worth is approximately $192,900 ... Reaching the top 10%: A net worth of $1.9M.
At that point, the top 10% of all American households had a net worth of at least $1.94 million. Here's how that breaks down by age group: ... The vast majority of high-net-worth households are ...
To rank among the top 10%, or 90th percentile, American households needed to report a minimum income of $248,600 and a minimum net worth of $1.94 million. However, those figures encompass adults ...
Household net worth fell from 2007 to 2009 by a total of $17.5 trillion or 25.5%. This was the equivalent loss of one year of GDP. [63] By the fourth quarter of 2010, the household net worth had recovered by a growth of 1.3 percent to a total of $56.8 trillion.
The household net worth can be assessed by considering factors that contribute to the household wellbeing, such as access to finance, debt default, and measures of economic security. [ 4 ] Top 10 countries with largest household net worth
Determining the family's exact wealth has been deemed implausible; [59] conspiracy theories claiming the family is worth trillions of dollars have not been proven. [60] [61] The Bardi family of Florence (14th century) The Medici family, as owners of the Medici Bank, the richest family in 15th-century Europe. [62]
If you wanted to be in the top 5% of households at that point, you would need a net worth of $3,795,000. As you might expect, though, you don't need as much to reach the top 5% of younger households.
States by number and share of households with more than $1 million in investable assets (2019) [2] Rank State Number of millionaire households Share of millionaire households 1 California: 1,147,251 8.51% 2 Texas: 650,216 6.32% 3 New York: 570,456 7.52% 4 Florida: 496,971 5.87% 5 Illinois: 346,873 7.13% 6 Pennsylvania: 328,859 6.44% 7 New Jersey