Finally, the new 2022 Survey of Consumer Finances data are out! They provide an update on the financial situation of U.S. households after the Covid pandemic and to trace out the secular trends for income and wealth inequality overall and between groups.
Reposted from
Owen Zidar
Average household wealth in the US now exceeds one million dollars based on the latest 2022 data in the SCF (federalreserve.gov/publications/f…). The median household has 193K in wealth
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