Here’s the Median Net Worth for Every Age Group — How Do You Compare?
By:
Pete Grieve
Pete Grieve
Reporter | Joined May 2024
Has also written:
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Editor:
Brad Tuttle
Brad Tuttle
Senior Editor | Joined January 2014
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Money; Getty Images
Booming home prices, stimulus relief and stock growth contributed to a huge jump in Americans’ net worth from 2019 to 2022.
Accounting for inflation, median household net worth grew by 37% — the largest three-year increase ever documented by the Federal Reserve.
The new report from the Fed provides the first complete look from federal government data at how household net worth changed during the pandemic. Breakdowns based on age, race and education level make it possible to see how you stack up compared to others.
While some groups fared particularly well in terms of wealth growth, "increases in both median and mean net worth were near universal across different types of families," the report said.
