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Related to Rappahannock County and to the current earning levels in the area, the national figures indicate an average net worth of $12,400 per family locally. The amount applies to the |50-called “average” family. It lumps together all age groupsthe older ones, who have been adding to their assets over the years, as well as the younger ones who are on the way up.
For typical families in some specific brackets, the estimatee are as follows: those with after-tax incomes of $5,000 tc $7$00, a net worth ranging from $10,500 to $15,500, those with $7,000 to $9,000, net worth ol $15,500 to $21,000, and those in the $12,000 to $15,000 bracket assets of $38,500 to $63,000.
For the population ol Rappahannock County as s whole, the total net worth comet to an estimated $17,400,000.
Included is the value of all housing, automobiles, household equipment, life insurance wearing apparel, bank accounts business interests and stock holdings.
On the other side of the ledgei are instalment debt, mortgages
ical bills, payments due or jthe car and all other obligations
68.1%