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

To: fatty who wrote (24554)10/15/2004 6:08:08 PM
From: KyrosLRead Replies (1) | Respond to of 306849
 
There is a huge difference between median and average net worth in the US, because of the very uneven wealth distribution. Check this Fed report on family finances in 2001:

federalreserve.gov

On page 7 you will see that the median household net worth is $86K, while the average (or mean) is $396K. Bill Gates' net worth is more than the total net worth of the bottom 40% of all Americans.


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