What is the Average Net Worth by Age? [2025 Latest Data]
Do you want to know how you are doing relative to your peers financially? Then this is the article for you. The Federal Reserve recently released its 2025 Survey of Consumer Finances , the gold standard of wealth data for American households. I've decided to take this data and calculate the average net worth by age so you can get a better handle on how you stack up financially. Of course, we know…
![What is the Average Net Worth by Age? [2025 Latest Data]](/img/15732314)
Here is my own account of the story based on the provided source material:
The Federal Reserve's 2025 Survey of Consumer Finances reveals insights into average net worth by age in the United States. Net worth is calculated as total assets minus liabilities, providing a snapshot of financial well-being. However, average net worth can be skewed by outliers, so median net worth is a more useful measure.
In 2025, the average U.S. household net worth is $1.23 million, up 6% from $1.16 million in 2022. But the median net worth is only $216,100, less than 1/5 of the average. This shows wealth is highly concentrated among the wealthiest households.
Breaking down average net worth by age yields a wide range: under $136,000 for ages 0-24, peaking at $1.95 million for those 75 and older. The median net worth by age ranges from $13,000 for under 25-year-olds to $567,600 for those over 80.
Wealth typically increases steadily through the 60s before plateauing. However, survivorship bias likely contributes to the higher median net worth for those 80 and older - wealthier retirees tend to live longer. Despite wealth not usually growing much after retirement, it also doesn't decline much on average.
In summary, average and median net worth by age provide a useful benchmark for assessing personal financial health relative to peers. But the figures should be interpreted with caution, as outliers significantly impact the averages while the median net worth by age paints a more relatable picture of typical household wealth.
Written by urgent.news from Of Dollars and Data's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
