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Joint Economic Committee Democrats

Wealth Charts

Chart 2.2
Last updated 6/1/06

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  • Most American households have very little net worth (wealth), even when the net value of their homes is included. (Net worth is total household assets minus total household liabilities.)

  • The median net worth of the bottom 25 percent of households was only $2,000 in 2004. For the next 25 percent of households median net worth was less than $50,000.

  • The median net worth of the wealthiest 10 percent of households was $1.4 million in 2004.
Source: Federal Reserve Board, Survey of Consumer Finances, 2004, Table 3. Click here for more information about the sources of wealth data.