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Americans under 35 increased their median net worth by a whopping 142% between 2019 and 2022 — from $16,100 to $39,000 — according to the Federal Reserve’s October 2023 Survey of Consumer...
The average net worth of American households is $1.06 million. But the median, a more accurate measure, is $192,900. Compare the average net worth by age.
The chart below shows the median income and net worth among American households based on the age of the reference person.
The average American net worth is $1,063,700, as of 2022. Net worth averages increase with age from $183,500 for those 35 and under to $1,794,600 for those 65 to 74. Net worth, however, tends...
Here's a breakdown of both the median and average net worth of Americans by age, according to the Federal Reserve's Survey of Consumer Finances from October 2023.
What was the median net worth by age? In 2023, overall median household net worth was $192,084 (up from $121,411 in 2020).
The median household net worth in America is $192,700 as of the end of 2022, according to the most recent data available from the Federal Reserve's Survey of Consumer Finances.
American household net worth surged 37% in three years, driven by booming home prices, stimulus relief and increases in the stock market. Household wealth in America spiked across the board from 2019 to 2022.
Average net worth by age. In 2022, the median net worth of Americans younger than 35 was $39,040, while the median net worth of Americans aged 65 to 74 was $410,000.
For households in which the householder was under the age of 35, median wealth was $30,500 in 2021. For households in which the householder was between 70 and 74 years old, median household wealth was $373,900, or about 2.2 times the value of overall median wealth ($166,900).