
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.