Robert R. Rowley PS

Attorney at Law


An American Family’s Net Worth – Homeownership Matters

An American Family’s Net Worth – Homeownership Matters

A recent Federal Reserve report stated that the average American family has a net worth of $77,300.  Of that net worth (61.4%) or $47,500 of it is in home equity.  A homeowner’s net worth is over thirty times greater than that of a renter.  The average homeowner has a net worth of $174,500 while the average net worth of a renter is $5,100

via Homeownership’s Impact on Net Worth | Keeping Current Matters.