Median net worth soared 37% from 2019 to 2022, Fed study finds

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Median net worth soared 37% from 2019 to 2022, Fed study finds
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Zachary Halaschak is an economics reporter at the Washington Examiner. Before moving to Washington, he worked in Alaska, covering politics, government, and crime for the Ketchikan Daily News. While there, Zach won the Alaska Press Club’s second-place award for best reporting on crime or courts for his coverage of a local surgeon’s alleged murder.

Real median net worth surged a whopping 37% between 2019 and 2022, the Federal Reserve revealed in a report.

“The net improvements in economic performance, including rising house and corporate equity prices that well exceeded consumer price inflation, supported substantial increases in median and mean inflation-adjusted net worth,” the Fed report read.

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