One Member of Congress = 18 American Households: Lawmakers’ Personal Finances Far From Average
It would take the combined wealth of more than 18 American households to equal the value of a single federal lawmaker’s household, the Center for Responsive Politics’ latest analysis of congressional wealth finds.
The median net worth of a member of Congress was $1,029,505 in 2013 — a 2.5 percent increase from 2012 — compared with an average American household’s median net worth of $56,355. Once again, the majority of members of Congress are millionaires — 271 of the 533 members currently in office, or 50.8 percent.
While the median net worth of an American family has declined by nearly one-third between 2007 and 2013, members of Congress have recovered quite well from the recession. The Senate’s median net worth went from $2.3 million to $2.8 million over that period, while for members of the House the numbers went from $708,500 to $843,507.
Not all members of Congress are millionaires. While there are seven whose net worth is in the nine figures, totaling at least $100 million, there are two dozen who are in the minus column.
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https://www.opensecrets.org/news/2015/01/one-member-of-congress-18-american-households-lawmakers-personal-finances-far-from-average
#1 Darrell Issa worth on average $448 Million
