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For most people, the idea of becoming a millionaire is the kind of fantasy that feeds exhausting working hours and Dedicated financial planning . But recently, some may resemble the dream of entering the level of seven -digit wealth is more inaccessible than ever in the face of economic uncertainty. However, the new surprising data show that the average American household has reached the millionaire status. Read the rest to see what feeds change and how your net value is compared to the rest of the United States

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Even when it may seem that there are tax -contrary winds, it is always possible to generate wealth in a surprising way. Now new research shows that the net value of the average American household has penetrated the beach seven -digit, reach $ 1.06 million In 2022 when it was adjusted for inflation, according to the survey on the finance of consumers of the federal reserve published in October.

The latest figures also show that there has been a significant jump in recent years. In 2019, the average of the national net value for households was $ 868,000, marking a 23% increase In the years that followed the Pandemic of Covid-19, Fortune reports.

Although particularly high or low figures can distort the averages, a deeper dive into the data always contains relatively good news. The median net value in the United States - which is determined by the intermediate number when a set of data is put in order - was still at $ 192,900. This represents an increase of 37% after inflation in three years, per Fortune .

Of course, this shows that the distribution of wealth is quite heavy in the United States. Average of only $ 5,300 in 2022.

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Even if it is often easy to measure your wealth by the amount of the money you have at hand, there is much more to determine Your overall net value . Essentially, each person is determined by the amount of the value they hold in assets - which includes species, investments, goods, retirement accounts and valuables - thin and passive, according to CNBC.

However, these calculations can sometimes cause misunderstandings A person's life situation . For example, someone can be shown that he has a high net value thanks to an expensive property he has, but could have very little money at hand to float his lifestyle, according to the company personal finances Nerdwallet. This can also make the number easier to digest when compared to others or the setting of financial objectives.

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So how is wealth distributed in the United States? Unsurprisingly, the federal reserve survey shows that the net value tends to increase with age to a certain point. Heads of families under 35 form the lowest support, with an average net value of 183,500 and a median of $ 39,000. Then there is a significant leap in the next older cohort of those between 35 and 44 years old, with an average net value of $ 549,600 and a median of $ 135,600. AE0FCC31AE342FD3A1346EBB1F342FCB

Households led by people aged 45 to 54 fell just below the millionaire mark, with an average of $ 975,800 and a median of $ 247,200. Those approaching retirement age between 55 and 64 are even richer, with an average of $ 1,566,900 in net value and a median of $ 364,500, according to data from the Federal Reserve.

The list amounts with the cohort from 65 to 74 years, reaching an average of $ 1,794,600 and a median of $ 409,900. These 75 years and over see the only decline but always tend to stay above the millionaire threshold, with a net value of $ 1,624,100 and a median of $ 335,600.

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Although the impressive increases in the average net value of Americans may seem contradictory to the economic realities of daily life, the data show that there is still a relatively simple explanation. Namely, an explosion of the values of the houses caused by the thrust of the pandemic era of the housing has considerably increased the average, Fortune reports.

In fact, there is a large difference in wealth between the owners and the rest of the population, the owners with a net value on average of $ 1.53 million compared to the average of the tenants of $ 155,000. The increase in obstacles to ownership of ownership has also made more difficult for those who try to improve their wealth: data from the federal reserve published earlier this year have revealed that 65% of tenants have kept the purchases because they do not have enough money at hand for the payment of the property on a property, Fortune reported.

However, despite the increase in the national average, Not all numbers . An annual UBS wealth report revealed that the number of millionaires in the United States has in fact dropped from 1.8 million people from 2021 to 2022, bringing the total to around 22.7 million, according to Fortune .

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