What Percentage of Americans Have a Net Worth of at Least 1 Million
As of 2024, roughly 10 to 12 percent of U.S. households have a net worth of at least 1 million, according to Federal Reserve data and financial research reports.
How Net Worth Is Measured
Net worth equals total assets, such as home equity, investments, and savings, minus all liabilities, including mortgages, credit card balances, and other debts.
Who Makes Up This Group
Most million-dollar net worth households are older, married, college-educated, and homeowners, with significant wealth tied up in retirement accounts and real estate.
Why This Metric Matters
The share of Americans with a net worth of at least 1 million is a common gauge of household financial health and wealth concentration. For deeper analysis, see the Survey of Consumer Finances at Federal Reserve SCF.
