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Trends in average wealth

InequalityWealth inequality

[infogram id=”_/y82cwAVmMk95OG13RsZq” prefix=”AGD” format=”interactive” title=”Fig.2_Trends in average wealth from 2002-03 to 2015-16 (000s of 2016 dollars)”]

This shows changes in the real value (after inflation) of net household wealth. The average value of household wealth (minus debts such as home mortgages) rose steadily from $644,000 in 2003-04 to $836,000 in 2009-10, when the Global Financial Crisis occurred. Average wealth then dipped slightly to $802,000 in 2011-12 before rising again to $936,000 in 2015-16.

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