What Is Average Net Worth by Age in the US
Average net worth by age in the US reflects the median or mean value of assets minus debts for households headed by people in a given age group. The Federal Reserve’s Survey of Consumer Finances is the primary source for these figures.
How Net Worth Typically Changes by Age
Net worth tends to rise through the working years as income grows and savings accumulate. It often peaks in the late 50s or early 60s, then may decline in retirement as assets are drawn down. The Federal Reserve’s data shows clear jumps between age brackets, with younger households holding less and older households holding more on average.
Key Factors That Influence Age-Based Net Worth
Homeownership, retirement account balances, education, and income level drive much of the variation. Inheritances, stock compensation, and access to credit also matter. Because averages can be skewed by a small number of very wealthy households, the median net worth is often a more representative measure for typical families.
For the latest tables and methodology, see the Federal Reserve’s Survey of Consumer Finances at https://www.federalreserve.gov/econres/scf.htm.
