Median net worth of US families fell almost 40% from $126,400 in 2007 to $77,300 in 2010

July 10, 2014

"The Federal Reserve said the median net worth of families plunged by 39 percent in just three years, from $126,400 in 2007 to $77,300 in 2010. That puts Americans roughly on par with where they were in 1992."

 

Ylan Q. Mui, "Americans saw wealth plummet 40 percent from 2007 to 2010, Federal Reserve says," The Washington Post," June 11, 2012, accessed September 9, 2014, http://www.washingtonpost.com/business/economy/fed-americans-wealth-drop....

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