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Net Worth of Households: 2016
Net Worth of Households: 2016
Report Number P70BR-166
Introduction
Net worth (or wealth) is an important indicator of economic well-being that provides valuable insights into a household’s economic health. For example, during financial hardships, such as unemployment, illness, or divorce, wealth is a source of liquidity to pay expenses and bills. This brief uses the Survey of Income and Program Participation to examine household net worth in 2016.
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