[infogram id=”_/QjF0ZKWrRPIA4McNKiqV” prefix=”fhO” format=”interactive” title=”Household wealth per capita”]

This graph shows the longer-term trend in household wealth per capita since 2000 (per person rather than household so the numbers are lower than in our distributional analysis), adjusted for inflation.

Since the recovery had a far greater impact on asset values than the recession, average household wealth rose by $341,000 over the 3 years from 2018 to 2021 after adjusting for inflation, compared with an increase of $327,000 over the 15 years from 2003 to 2018:15.

• After declining by 3% in the March quarter 2020 (at the onset of recession), average household wealth rose by 12% to December 2020, then by an extraordinary 26% to December 2021.
• On average, it rose by 11% per year after inflation from 2018 to 2021, compared with just 3% per year from 2003 to 2018.