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What, with like 50 rich people tipping the scale?
Even when looking at the median … the typical American household was worth $192,900.
The mean is substantially higher than the median because it is boosted by the top 10% of earners, who have a net worth, on average, of $6.63 million, according to the Fed. Meanwhile, households in the bottom 10% had a mean net worth of $5,300 in 2022.
Ouch.