Lost Generations? Wealth Among Young Americans

Despite the Great Recession and the fragile economic recovery, the wealth of Americans has grown significantly when a longer-term view is considered. Average household wealth approximately doubled from 1983 to 2010, and average incomes rose similarly. For many, the American dream of working hard, saving more, and becoming wealthier than one's parents holds true.

Reference Information

Author: 

Eugene Steuerle,
Signe-Mary McKernan,
Caroline Ratcliffe,
Sisi Zhang
Publisher: 
Urban Institute
Publication Date: 
March 2013