Understanding Average Net Worth
The U.S. Census does more than count the number of people in the U.S. – they collect a lot of other data too.
We know the net worth of householders based on a variety of factors – including age. The datashown below was taken from the U.S. Census Bureau, Survey of Income and Program Participation, 2014 Panel, Wave 1 – released in 2017 and “dated” as 2013. I recognize that's a lot of dates but the data is solid and most up to date. Figures of net worth include home equity (it's not clear how home equity is determined).
Median Value of Assets for Households by Age
| Age of Householder | Median Net Worth |
|---|---|
| Under 35: | $6,900 |
| 35 – 44 | $45,740 |
| 45 – 54: | $100,404 |
| 55 – 64: | $164,498 |
| 65 – 69: | $193,833 |
| 70 – 74: | $225,390 |
| 65+: | $202,950 |
| 75+: | $197,758 |
