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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (17404)2/18/2004 11:58:00 AM
From: KyrosLRead Replies (1) | Respond to of 306849
 
That's a "typical" Australian household versus a "median" American household. Is "typical" the same as "median" or is it the same as "average"? The "average" American household has a net worth of around $500,000. Wealth in America is skewed sharply to the top.

Total American household net worth was $42 trillion in 2003:

news.morningstar.com