Financial Snapshot
Net Worth
Calculator
Median (Under 35)
$39,000
Median (55-64)
$364,500
Find out your net worth in seconds. Add up everything you own — savings, investments, property and vehicles — then subtract what you owe, including your mortgage, student loans, auto loans and credit card debt. The calculator shows your total net worth, a full asset and liability breakdown, and your debt-to-asset ratio so you can track your financial health over time.
trending_up Assets
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Your Net Worth
$110,000
Total Assets
$355,000
Total Liabilities
$245,000
Debt-to-Asset Ratio
69.0%
How to calculate your net worth
Your net worth is the single most important number in personal finance. It tells you exactly where you stand by measuring the gap between what you own and what you owe. The formula is simple: Net Worth = Total Assets - Total Liabilities.
Start by listing your assets. Include liquid savings in checking and savings accounts, investment accounts like 401(k)s, IRAs and brokerage accounts, the current market value of any property you own, the resale value of your vehicles, and anything else of significant value such as jewelry, collectibles or business interests.
Next, list your liabilities. Your mortgage balance is typically the largest, followed by student loans, auto loans, credit card balances and any other debts like personal loans or medical bills.
The calculator subtracts your total liabilities from your total assets automatically. It also shows your debt-to-asset ratio, which measures how much of your wealth is offset by debt. A lower ratio means stronger financial health.
Average net worth by age in the United States
The Federal Reserve's Survey of Consumer Finances provides the most reliable data on American household wealth. Understanding where you stand relative to your peers can help you set realistic financial goals.
Here are the median and mean net worth figures by age group from the most recent survey:
| Age Group | Median | Mean |
|---|---|---|
| Under 35 | $39,000 | $183,500 |
| 35 - 44 | $135,600 | $549,600 |
| 45 - 54 | $247,200 | $975,800 |
| 55 - 64 | $364,500 | $1,566,900 |
| 65 - 74 | $409,900 | $1,794,600 |
| 75+ | $335,600 | $1,624,100 |
Source: Federal Reserve Survey of Consumer Finances (2022)
The large gap between median and mean figures shows that wealth is heavily concentrated at the top. The median — the midpoint where half of households are above and half below — is a more useful benchmark for most people.
Home equity typically makes up the largest share of net worth for middle-class Americans. Retirement accounts are the second-largest component. Building both of these over time is the most common path to growing your net worth.
Frequently asked questions
How do I calculate my net worth?
Add up the value of everything you own — savings, investments, property, vehicles and other assets. Then subtract everything you owe — mortgage, student loans, auto loans, credit card balances and other debts. The result is your net worth. Use the calculator above to get your figure in seconds.
What is the average net worth by age in the US?
According to the Federal Reserve Survey of Consumer Finances, the median net worth for Americans under 35 is around $39,000, ages 35-44 is $135,600, ages 45-54 is $247,200, ages 55-64 is $364,500, and 65-74 is $409,900. These figures include home equity.
Should I include my home in my net worth calculation?
Yes, your home's current market value is an asset. However, you must also include your outstanding mortgage as a liability. The difference — your home equity — is what contributes to your net worth. Use a recent appraisal or comparable sales to estimate your property value.
What is a good debt-to-asset ratio?
A debt-to-asset ratio below 50% is generally considered healthy, meaning you own more than you owe. Below 30% is excellent. Above 80% signals significant financial risk. The ratio helps you understand how leveraged your finances are regardless of your total net worth.
Is it normal to have a negative net worth?
A negative net worth is common among young adults, especially those with student loans or who recently bought a home. It simply means your debts currently exceed your assets. Focus on paying down high-interest debt and building savings — most people see their net worth turn positive over time.
How often should I calculate my net worth?
Tracking your net worth quarterly or twice a year gives you a clear picture of your financial progress without obsessing over short-term market fluctuations. Annual reviews work well for long-term planning. The key is consistency — use the same method each time so you can compare results accurately.