Estimated Net Worth of Members of Congress
In 2014, financial disclosures showed that many members of Congress held substantial assets. The median net worth for members was several hundred thousand dollars, with some figures significantly higher. These disclosures are filed with the Office of Congressional Ethics and provide a snapshot of members' financial positions.
How Net Worth Is Calculated
Net worth is typically calculated by subtracting reported liabilities from reported assets. Assets can include real estate, investment accounts, retirement funds, and business interests. Liabilities may include mortgages, loans, and credit card balances. The figures are estimates based on self-reported ranges, not precise valuations.
Sources and Context for 2014 Data
Publicly available financial disclosures and independent analyses compiled the data for 2014. Organizations such as the Center for Responsive Politics tracked these figures and published summaries for public review. The data helps provide context on the financial diversity among elected officials.
For detailed breakdowns and updated figures, you can explore the Center for Responsive Politics database at OpenSecrets.org.
