Monday, February 4, 2013

Lendon area Median Net Worth map

I thought it might be helpful for folks who are considering purchasing a new home in Lendon of Huntsville at Jones Valley to see the Lendon area Median Net Worth map that was created by the IMapApps team.  This map shows us the median household net worth in the area as reported in 2010.  Net worth is total household wealth minus debt, secured and unsecured. Net worth includes home equity, equity in pension plans, net equity in vehicles, IRAs and Keogh accounts, business equity, interest-earning assets and mutual fund shares, stocks, etc. Examples of secured debt include home mortgages and vehicle loans; examples of unsecured debt include credit card debt, certain bank loans, and other outstanding bills. Forecasts of net worth are based on the Survey of Consumer Finances, Federal Reserve Board.

We will continue to try to give you useful information like this in order to help you be in control of the choice you are making to purchase a newly built home in Lendon of Huntsville in Jones Valley.

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