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The Briefing
- The age group with the highest average net worth in the U.S. is the 65-74 group, with $1.22 million in 2019 dollars.
- There is a significant gap between median and mean (average) net worth in nearly every age category, suggesting that mean values are skewed upwards by outliers.
Visualizing Net Worth by Age in America
Calculating the net worth of individuals often seems like the kind of math reserved only for the richest people in the world like Elon Musk or Jack Ma. But as the proverbial pie gets bigger, the net worth of the average American household gets bigger as well.
This chart uses data from the U.S. Federal Reserve Bulletin to reveal median and average household net worth across different age categories in 2019.
Average vs. Median Net Worth
A person’s net worth is a sum of their assets and liabilities. Here’s a closer look at net worth by age in the U.S.
| Age | Median Net Worth 2019 | Average Net Worth 2019 | Difference |
|---|---|---|---|
| Younger than 35 | $13,900 | $76,300 | >5x |
| 35-44 | $91,300 | $436,200 | (Read more...) |