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Free · Assets − Liabilities · By age

Net worth calculator

Net worth = total assets minus total liabilities. The one number that captures your full financial picture. See yours and how it compounds over decades.

Direct answer

What is the median net worth by age in the US?

Median US household net worth by age (2022 Federal Reserve Survey of Consumer Finances): under 35 = $39,000, 35–44 = $135,600, 45–54 = $247,200, 55–64 = $364,500, 65–74 = $409,900, 75+ = $335,600. These are medians — half of each cohort is below, half above.

Mean values are dramatically higher due to top-tail wealth concentration: under-35 mean = $183,500 (4.7× the median), while under-35 median = $39,000. For personal benchmarking, always compare to the median, not the mean.

Source: Federal Reserve Survey of Consumer Finances 2022

US net worth quick facts (2022 SCF)

  • Median under 35: $39,000
    Fed SCF 2022, Table 2
  • Median 35–44: $135,600
    Fed SCF 2022
  • Median 45–54: $247,200
    Fed SCF 2022
  • Median 55–64: $364,500
    Fed SCF 2022
  • Median 65–74: $409,900
    Fed SCF 2022
  • Top 10% threshold (all ages): ≈$1.94 million
    Fed SCF 2022 percentile tables
  • Top 1% threshold: ≈$11.6 million
    Fed SCF 2022 percentile tables
  • Homeownership share of net worth: ~26% for median household
    Fed SCF 2022 asset composition
Median net worth by age (2022 SCF, latest published) · Federal Reserve Survey of Consumer Finances, 2022 release (latest survey available)
<35: $39k · 35–44: $136k · 45–54: $247k · 55–64: $365k · 65–74: $410k
Fed SCF medians — half the cohort is below these numbers, half above. The mean values are dramatically higher (e.g., $549k for under-35) because of wealth concentration at the top.
Comparison anchors should be medians, not means — the mean is dragged up by outliers and produces unhelpful 'I'm behind' signals for normal earners.

Assets vs liabilities checklist

Assets (+)Liabilities (−)
Checking, savings, HYSA, money marketMortgage balance
401(k), IRA, Roth IRA, HSAAuto loans
Taxable brokerage accountsStudent loans
Home equity (current value − mortgage)Credit card balances
Other real estate (current market value)Personal loans
Vehicles (current resale value)Medical debt
Business equity, crypto, collectiblesTax debt

Median US net worth by age (2022 Fed SCF data)

Age rangeMedianMean (skewed high)
Under 35$39,000$183,500
35–44$135,600$549,600
45–54$247,200$975,800
55–64$364,500$1.5669M
65–74$409,900$1.7946M
75+$335,600$1.6241M

Why track net worth monthly

Single number that catches every financial flow: saving, paying down debt, investment growth, home appreciation, spending. If net worth is trending up, the system is working. If flat or down, something's leaking. Easier and more useful than tracking every category individually.

Net Worth Calculator FAQ

Should I include my home in net worth?

Yes — use current market value (Zillow, Redfin, recent comps) and subtract mortgage balance. The result is home equity. Some prefer to track net worth with and without home equity separately, since home isn't liquid; both views are valid.

Should I include my car?

Yes, at current resale value (Kelley Blue Book private-party). Cars depreciate fast, so the asset value falls every year even with no balance change. Many people exclude cars to keep net worth focused on investable assets.

How often should I calculate net worth?

Monthly is ideal — frequent enough to spot trends, not so frequent you're reacting to noise. Use the same day each month (e.g., the 1st) for consistency. Quarterly works for households with stable balances.

What's a good net worth for my age?

Median benchmarks: $39k under 35, $135k at 35–44, $247k at 45–54, $364k at 55–64. But median is low for retirement adequacy — top quartile is more relevant for hitting independence. The 'right' number depends on your spending and target.

Is high net worth the same as being rich?

Almost. Net worth measures wealth at a point in time. Income measures cash flow. You can have low net worth and high income (early career, big spender) or high net worth and modest income (long-term saver, retiree). True wealth = net worth that throws off income covering expenses.

How does net worth grow over time?

Three engines: (1) saving — adding to assets from income; (2) debt payoff — reducing liabilities; (3) appreciation — assets growing on their own (stock market, home equity). All three compound. Most people underestimate how much engine 3 contributes after year 10–15.

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Methodology and editorial standards

Each calculator uses its own inputs and method. Review the labels, units and assumption notes shown with the result. Costs, taxes, fees, benefits and other factors are not modeled unless the page or calculator explicitly says they are. A fixed-rate projection is a scenario, not a forecast or personalized recommendation.

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