Many companies featured on Money advertise with us. Opinions are our own, but compensation and
in-depth research may determine where and how companies appear. Learn more about how we make money.

  1. Housing
  2. Homeowners

U.S. Household Net Worth Fell $1.2 Trillion in Last Quarter

Published: Dec 10, 2015 1 min read
Holiday shopping in New York City
Holiday shopping in New York City
Anthony Behar—AP

Americans' total net worth declined by $1.2 trillion in the third quarter of 2015, falling from an all-time high of $86.4 trillion to $85.2 trillion, according to a new report from the Federal Reserve. While U.S household net worth is still at a high, the drop is one of the biggest losses since the end of the financial crisis.

In 2007, total U.S. household net worth stood at $66.5 trillion. Household net worth hit a low point in 2009, at $58.1 trillion.

The recent drop is due to stock market plunges in third quarter and may turn out to be fleeting, according to the Wall Street Journal.

Best moves to build wealth if you're: