The Big Difference Between Renter and Homeowner Net Worth

by KCM Crew

The Big Difference Between Renter and Homeowner Net Worth Simplifying The Market

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. 
  • Connect with an agent if you want to learn more about the financial benefits of homeownership or the programs that can help make buying possible.

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