The median balance sheet

I’ve been working through some deeper statistics calculations this week, looking at the individual balance sheet categories. In the current comparison report you just see comparisons of net worth, but now we can start to drill down into each category, which is the whole reason we have these defined categories as many people often wonder. The following is the initial findings of the data for all “current users” in the US.

Nothing too interesting yet, but it’s a start. I have a hunch this is mainly because our user base skews to the under 30 crowd. It will get more interesting as it’s broken out by the demographic categories and presented as part of the comparison report feature.

Stay tuned.

Median balance sheet

Assets
Cash $7503
Stocks $189
Bonds $0
Annuities $0
Retirement $20,954
Home $111,000
Other Real Estate $0
Cars $8000
Personal Property $0
Other $0
Total Assets $147,646
Debts
Home Mortgage(s) $42,238
Other Mortgage(s) $0
Student Loans $0
Credit Card $184
Car Loans $0
Other $0
Total Debts $42,422
Net Worth $105,224

One Response to “The median balance sheet”

  1. NetworthIQ Blog » Blog Archive » Comparison Report Feature Update Says:

    [...] just an update, but it’s a significant update in my view. Last week, I mentioned how statistics were now being calculated for all balance sheet categories, and was working on getting those stats integrated into the site. Up until now, we’ve only [...]

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