Median home equity by age of householder in the U.S. from 1984 to 2009
This statistic shows the median home equity by age of householder in the U.S. from 1984 to 2009. Home equity describes the difference between the value of a home and the amount owed on its mortgage. Median denotes the midpoint of a group—in this case the point at which 50% of the households have more wealth and 50% have less. From 1984 to 2005 the median home equity of U.S. householders increased from 81,143 U.S. dollars to 111,685 U.S. dollars. However, from 2005 to 2009 the home equity decreased to 87,420 U.S. dollars, which may correlate with the financial crisis, the U.S. faced during that period.
