Thursday, December 2, 2010

Final Results for Net Worth Poll

For several months, I've been conducting a net worth survey in the sidebar of the PFStock blog. The poll is now closed and the final results are in. A total of 73 readers have voted on this poll. So without further ado, here are the reader poll results:

Net Worth Survey: What Is Net Worth

Net Worth% of Readers
$0 - $19,9994%
$20,000 - $49,9998%
$50,000 - $99,9994%
$100,000 - $249,99919%
$250,000 - $499,99917%
$500,000 - $999,99917%
Over $1 million24%

Note that the percentages do not add up to 100% due to rounding. From these statistics, I found it interesting that a large percentage of my readers fall into the higher net worth categories. Over 75% of PFStock readers have a net worth greater than $100,000. Does anybody want to share their insights on this data?

From my last survey on annual income, I had calculated that the average median net worth of PFStock readers was over $500,000. However, the results of this poll show that the median is actually between $250,000 and $500,000.

If you've read this far, please participate in the annual income survey in the sidebar of my blog. Also, please leave a comment on this post: How much do you make?

Additionally, here are some additional related posts:
Annual Income Survey (2/10)
Net Worth Update (8/09)
Net Worth Comparison (6/08)
Are You Wealthy? (3/08)
Calculating Net Worth (9/06)



Online Investment Expert said...

This poll brings to light several questions including are readers of financial blogs more financially savvy? are they taking the information they gain from online and putting it to practice? Even the fact that they are on a financial blog demonstrates their interest in properly managing their finances and their financial security and thus impacts the way they spend and save. It's a very interesting poll to say the least.

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