Middle-aged man and woman hold hands as they walk down a cobblestone path, away from their single-story home
Being a homeowner comes with several potential tax deductions.
  • Average net worth for Americans shot up 37% between 2019 to 2022.
  • Increases were the most pronounced among those under 35, as well as those in the 55 to 64 age group.
  • This was due in part to increases in home and stock prices, as well as government stimulus initiatives.

Net worth for the average American skyrocketed 37% during the pandemic, thanks in part to government stimulus initiatives along with higher home and stock prices.