Key findings
- Average net worth peaks between ages 70 and 74.
- The state with the lowest net worth is Mississippi, where as Hawaii is the wealthiest by that metric.
- The U.S. Census Bureau conducts an annual survey on net worth.
Comparing your net worth to your peers is one way to determine your financial health. It provides a snapshot of your financial health by calculating how much money you’d have left over after paying all your bills and other obligations.
“The average net worth broken down by age provides insights into the wealth distribution and financial well-being of different age groups within a population,” said Donald Hays, survey statistician at the U.S. Census Bureau. “We can use this data to observe patterns and trends related to wealth accumulation and economic disparities across different stages of life.”
We’ve broken down the average net worth by age so you can see where you stand relative to your peers.
Average net worth by age
Net worth is a measure of financial stability calculated as a person’s total assets minus their total liabilities.
The U.S. Census Bureau conducts annual surveys to get the pulse of Americans’ net worth….
