Wealth is an important indicator of economic well-being that provides valuable insights into a household’s economic health. For example, during financial hardships, such as unemployment, illness, or divorce, wealth is a source of liquidity to pay expenses and bills. This brief uses the 2023 Survey of Income and Program Participation to examine household wealth in 2022. For additional ...
Wealth and Asset Ownership Household net worth, or wealth, is an important part of economic well-being in the United States. On this page, you will find wealth statistics for various demographic and socioeconomic groups.
Wealth and Asset Ownership Household net worth or wealth is an important defining factor of economic well-being - it can become an additional source of income in hard times or retirement.
Stats displayed in columns and rows with title, ID, notes, sources, and release date. The Survey of Income and Program Participation (SIPP) periodically collects detailed wealth data. The main objective of SIPP is to provide accurate and comprehensive information about the income and program participation of individuals and households in the United States, and about the principal determinants ...
THE DISTRIBUTION OF HOUSEHOLD WEALTH Wealth can vary dramatically across households. For example, a household with few assets and a heavy debt load may have negative wealth in the tens of thousands of dollars. A household that owns its own home and has multiple retirement accounts may have positive wealth in the hundreds of thousands of dollars.
State-Level Wealth and Asset Ownership Wealth and Asset Ownership for Households, by Type of Asset and States: 2022 [< 1.0 MB]