• Avil Soleiman

Homeownership’s Impact on Net Worth


study by the Federal Reserve formally answered this question.

Some of the findings revealed in their report:

  1. The average American family has a net worth of $77,300

  2. Of that net worth, 61.4% ($47,500) of it is in home equity

  3. A homeowner’s net worth is over thirty times greater than that of a renter

  4. The average homeowner has a net worth of $174,500 while the average net worth of a renter is $5,100

Bottom Line


The Fed study found that homeownership is still a great way for a family to build wealth in America.

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