Household net worth falls 35%: Census

Published: Tuesday, June 19 2012 10:46 a.m. MDT

Our take: While household net worth is declining, the gap based on education level is increasing.

Median net worth declined for all age groups; householders 65 and older experienced a 13% decline, compared with a 37% decline for those under 35. Householders age 35 to 44 experienced a 59% decline in median net worth, the largest decline of any age group.

While in 2000 those with a bachelor's degree had a net worth two times as large as those with only a high school diploma, in 2010 their net worth was three and a half times as large, while those with graduate and professional degrees now have a net worth 5.8 times as large as those with high school diplomas.

Read more about Household net worth on Market Watch.

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