Percentile is computed across all U.S. households. The age group adds a median benchmark for context.
Net worth percentile
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Share at or above
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of U.S. households
Group median
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Share of households with at least $X
Net Worth Percentile — Financial Depth
financialdepth.com/retirement-savings-percentile
The short answer
In the Federal Reserve's 2022 Survey of Consumer Finances, the U.S. median household net worth is about $192,000. The top 10% starts near $1.9 million, the top 5% near $3.8 million, and the top 1% near $13.7 million. About 18% of households have $1M or more — a share that peaks around age 65–74.
What share of Americans have $1M, $2M, or more?
Anchored to the Federal Reserve's published net worth percentiles. The $1M row and the top-10%/5%/1% thresholds are direct SCF figures; the $2M–$5M rows are interpolated between those published breakpoints and marked accordingly.
| Net worth at least | Share of U.S. households | Roughly the top… |
|---|---|---|
| $500,000 | ~29% | top 29% |
| $1,000,000 | 18.0% | top 18% |
| $2,000,000 | ~10% | top 10% |
| $3,000,000 | ~6% | top 6% |
| $4,000,000 | ~5% | top 5% |
| $5,000,000 | ~3.5% | top ~4% |
Source: Federal Reserve Survey of Consumer Finances (2022), nominal 2022 dollars. Figures between published percentiles are estimates; the extreme upper tail has known sampling limits.
Where retirees stand: net worth by age
Net worth typically peaks in the 65–74 bracket, then declines as retirees draw down savings. Median is the middle household; the $1M+ column is the share of that age group with seven-figure net worth.
| Age group | Median net worth | Have $1M+ |
|---|---|---|
| Under 35 | $39,000 | 2.1% |
| 35–44 | $135,000 | 10.4% |
| 45–54 | $247,000 | 20.6% |
| 55–64 | $364,000 | 27.3% |
| 65–74 | $410,000 | 28.5% |
| 75 and over | $335,000 | 23.6% |
Source: Federal Reserve Survey of Consumer Finances (2022). Medians rounded.
How to read a net worth percentile
The U.S. mean net worth (~$1.06M) is far above the median (~$192K) because a small number of very wealthy households pull it up. For "how do I compare", use the median.
Home equity is counted. Excluding it, the median falls from ~$193K to ~$58K — useful to know if most of your net worth is your house rather than investable assets.
The SCF runs every three years; the 2022 wave (released late 2023) is the newest until the 2025 data arrives in late 2026. Real thresholds today are modestly higher after inflation.
Percentile compares you to peers; it doesn't tell you whether you can retire. For that, convert assets into income with the tools below.
Frequently asked questions
What percentage of Americans have a $1 million net worth?
About 18% of U.S. households have a net worth of $1 million or more, according to the Federal Reserve's 2022 Survey of Consumer Finances. It rises steeply with age: roughly 2% under 35, 21% at 45–54, 27% at 55–64, and about 28% at 65–74, easing to 24% at 75 and over.
What percentage of retirees have $2 million or $3 million?
Across all U.S. households, roughly 10% have $2 million or more and about 6% have $3 million or more (Federal Reserve SCF 2022, interpolated between published breakpoints). Retirees aged 65–74 skew wealthier than average — their median net worth is about $410,000 and roughly 28% hold $1M+ — so the retiree share at each threshold is somewhat higher than the all-household figure.
What is a good net worth for my age?
There is no single target, but the Federal Reserve's 2022 median net worth by age is a useful benchmark: about $39,000 under 35, $135,000 at 35–44, $247,000 at 45–54, $364,000 at 55–64, $410,000 at 65–74, and $335,000 at 75+. Half of households in each group have more, half less. The median is more representative than the average, which a small number of very wealthy households pulls far higher.
Does net worth include home equity and retirement accounts?
Yes. Net worth is all assets minus all debts, so it includes home equity (market value minus the mortgage), retirement and investment accounts, cash, vehicles, and business interests. Home equity is a large share for middle-wealth households: excluding it drops the overall U.S. median from about $193,000 to roughly $58,000. This tool uses total net worth, the SCF's headline measure.
Turn net worth into a retirement plan
Income and longevity from $300K to $5M.
Retire on $X/month →The nest egg a target monthly income needs.
4% rule calculator →Translate a portfolio into annual income.
How long will it last? →Test depletion under spending and returns.