The Big Difference Between Renter and Homeowner Net Worth

Friday, November 15, 2024   /   by Joyce Dungca

The Big Difference Between Renter and Homeowner Net Worth




a stack of money on a blue background


Some Highlights



  • If you’re torn between renting or buying, don’t forget to factor in the wealth-building power of homeownership.

  • Unlike renters, homeowners gain equity as they pay their mortgage and as home values rise. That’s why, on average, a homeowner’s net worth is nearly 40x higher than a renter’s.

  • Let’s connect if you want to learn more about the financial benefits of homeownership or the programs that can help make buying possible.


  team raj jaggi, buyers, sellers, home owners, homeownership