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Common Web Price in 2023: By Age, Training, Race & Extra

Common American Web Price

In line with the Federal Reserve’s Survey of Shopper Funds, the typical American internet value in 2019 was $748,800. In distinction, the median internet value was $121,700, that means that fifty% of People had a internet value under that determine[1].

Three years earlier than (in 2016), the median internet value was a lot decrease ($103,500) and maintained an nearly related hole with a median internet value of $736,000.

The typical internet value has at all times been better than the median. This distinction elevated steadily between 1989 and 2007 however shot up after the 2007/2008 Nice Recession.

The rising distinction implies that wealth inequality is rising.

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Study extra: For a transparent understanding of the “Wealthy vs. Rich” debate, our newest publish breaks it down succinctly.

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