The Federal Reserve’s Survey of Consumer Finances (2022, the most recent full survey) is the authoritative source on household wealth. Medians describe the typical family; averages are pulled far upward by the wealthiest households.
U.S. household net worth by age (2022 SCF)
| Age of head | Median | Average |
|---|---|---|
| Under 35 | $39,000 | $183,500 |
| 35–44 | $135,600 | $549,600 |
| 45–54 | $247,200 | $975,800 |
| 55–64 | $364,500 | $1,566,900 |
| 65–74 | $409,900 | $1,794,600 |
| 75+ | $335,600 | $1,624,100 |
| All households | $192,900 | $1,063,700 |
What it means
The average sits 4–5× above the median in every bracket — wealth concentration at work. Benchmark yourself against the median, and remember home equity is the largest component for most households.
FAQ
Why is average net worth so much higher than median?
A small number of very wealthy households pull the mean up. The median — half above, half below — better describes a typical family.
What counts as net worth?
All assets (home, retirement accounts, savings, vehicles, businesses) minus all debts (mortgage, loans, cards).
How often is this data updated?
The Fed runs the SCF every three years; 2022 results were released in late 2023.
Sources
- Federal Reserve, Survey of Consumer Finances 2022
Figures compiled and rounded July 2026. Cite this page: “Average Net Worth by Age in America, CalcYard” with a link.