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dzonga an hour ago

averages strike again.

Median wealth in the U.S just around $100k - see Wikipedia & other databases.

how many people own houses ? & for those people that own houses - average equity in those houses is less than 45%.

ain't no factoid - but lived reality of most people. maybe on the coasts where techies and finance bros live - but the rest of america is facing a bleak financial reality.

Aurornis 27 minutes ago | parent | next [-]

> averages strike again.

My comment said "median" explicitly

The number was for household wealth. I think you're looking at individual wealth, which would naturally be lower because it's spread across more people.

Source: https://www.federalreserve.gov/econres/scf/dataviz/scf/table...

The average (mean) is closer to $1 million per family, but that's not a useful number.

dzonga an hour ago | parent | prev [-]

actually per UBS [0]: Median Wealth in the US is $68K. Almost neck in neck with median income.

[0]: https://www.ubs.com/global/en/media/display-page-ndp/en-2026...