2014 Homeownership’s Impact on Net Worth

2014 Homeownership’s Impact on Net Worth


Over the last six years, homeownership has lost some of its allure as a financial investment.

As homeowners suffered through the housing bust, more and more began to question whether owning a home was truly a good way to build wealth.

A study by the Federal Reserve formally answered this question.

Some of the findings revealed in their report:

  • The average American family has a net worth of $77,300
  • Of that net worth, 61.4% ($47,500) of it is in home equity
  • A homeowner’s net worth is over thirty times greater than that of a renter
  • The average homeowner has a net worth of $174,500 while the average net worth of a renter is $5,100

The Fed study found that homeownership is still a great way for a family to build wealth in 2014 in America.


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Jim Starwalt

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2014 Homeownership’s Impact on Net Worth

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