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

May 9, 2015

"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."

 

Source: 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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