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Saturday, April 20, 2024
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DATA: Congress gets richer, U.S. households get poorer

By  Max Rust
   
SHARE DATA: Congress gets richer, U.S. households get poorer

While the median net worth of U.S. House Representatives and U.S. Senators grew by 21.7 percent and 19 percent, respectively, from 2007 to 2013, the average U.S. household’s net worth declined by 43 percent, according to a new analysis from the Center for Responsive Politics.

According to the center, the average Senator’s net worth in 2013 reached $2.8 million, nearly 50 times the net worth of an average household:

Though Senators’ median net worth is higher than that of House members,’ when it comes to the wealthiest lawmakers, the House wins:

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