Net Worth Calculator
Add up your assets and liabilities to calculate your total net worth and debt-to-asset ratio.
Median Net Worth by Age (US, 2022)
| Age Group | Median Net Worth | Mean Net Worth |
|---|---|---|
| Under 35 | $39,000 | $183,000 |
| 35–44 | $135,000 | $549,000 |
| 45–54 | $247,000 | $975,000 |
| 55–64 | $365,000 | $1,566,000 |
| 65–74 | $410,000 | $1,794,000 |
| 75+ | $335,000 | $1,624,000 |
Source: Federal Reserve Survey of Consumer Finances, 2022 (published 2023).
Frequently Asked Questions
What is net worth?
Net worth = Total Assets − Total Liabilities. It represents your financial position at a point in time. A positive net worth means you own more than you owe. A negative net worth (common among recent graduates with student loans) means your debts exceed your assets. Net worth grows as you pay down debt and accumulate savings and investments.
What is the average American net worth?
According to the Federal Reserve's 2022 Survey of Consumer Finances (released 2023): median American household net worth was $192,700 (meaning half have more, half have less). The average (mean) was $1.06 million, skewed upward by very wealthy households. By age group: under 35: $39,000 median; 35–44: $135,000; 45–54: $247,000; 55–64: $365,000; 65+: $410,000.
What assets should I include in my net worth?
Include all assets you own: cash and bank accounts, investment accounts (stocks, bonds, funds), retirement accounts (401k, IRA, pension value), home value and other real estate, vehicle values (at current market value), business ownership value, and other valuable property. Do not include income — net worth is a balance sheet, not an income statement.
What liabilities should I include?
Include all debts you owe: mortgage balance (not total monthly payment), car loan balances, student loan balances, credit card balances, personal loan balances, medical debt, and any other money you owe. Use the outstanding balance, not the original loan amount.
How can I increase my net worth?
Net worth grows by: earning more than you spend (saving), investing savings to generate returns, paying down high-interest debt, and appreciating assets (real estate, stocks). The most powerful lever is the gap between income and expenses. Small consistent contributions compound dramatically over decades — adding $500/month to investments at 7% return adds about $600,000 over 30 years.