How Do You Compare to the Typical American
To compare, gather your household assets and debts, then calculate net worth. Use the latest Federal Reserve data to find the median or mean for your age group. A single number does not capture your full financial picture, so also consider income, savings rate, and debt levels.
Where Can You Find the Latest Data
The Federal Reserve publishes detailed tables of net worth by age in its Survey of Consumer Finances report. You can access the latest tables and methodology on the official Federal Reserve website. For quick benchmarks, the report provides median and mean net worth for age brackets.
