The typical household is worth a third less than ten years ago

"The inflation-adjusted net worth of the typical household was $87,922 in 2003. Ten years later it was only $56,335, or a 36 percent decline."

[GC: this is from a NYTimes article. the figure comes originally from this source: Pfeffer, Danziger, and Scheni, Wealth Levels, Wealth Inequality, and the Great Recession, Russell Sage Foundation, June 2014, accessed July 30, 2014,]

Anna Bernasek, "The Typical Household, Now Worth a Third Less," The New York Times, July 26, 2014, accessed July 30, 2014,

#economy #housing #UnitedStates