Household wealth in 2022 highlights stark inequalities, with median wealth varying widely by age, education, and homeownership. Younger households had significantly lower median wealth compared to older ones, while homeowners’ median wealth was over 40 times that of renters. Assets like retirement accounts and home equity made up the bulk of household wealth, showcasing their importance in long-term financial stability. These patterns reveal critical insights into economic well-being across the U.S. population.
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Website: | Visit Publisher Website |
Publisher: | U.S. Census Bureau |
Published: | November 1, 2024 |
License: | Public Domain |