How to use the net worth calculator
- Under Enter your assets, type the current market value of each item in its amount box. Rename any row, or press Add asset for anything missing.
- Under Enter your liabilities, type the balance you owe today on each debt, not the monthly payment.
- Read Your net worth. It updates as you type, along with your debt as a share of assets.
- Pick your Age of the household head to see the median and average net worth for that group.
- Use Download CSV or Print to keep a record. Once you edit a number it is saved in this browser only, and Clear all erases it.
How net worth is calculated
Net worth = total assets − total liabilities
The Federal Reserve defines net worth the same way: the difference between a family's assets and liabilities. Assets are things with market value, such as your home, vehicles, cash, investments and retirement accounts. Liabilities are debts, such as a mortgage, car loan, student loans and card balances. The tool also shows liabilities as a percentage of assets, a quick check on how much of what you own is financed. Definitions follow the Fed's Survey of Consumer Finances.
Worked example
The example numbers add up to $440,000 in assets (home 320,000, vehicles 18,000, cash 14,500, investments 22,000, retirement 61,000, other 4,500) and $279,000 in liabilities (mortgage 245,000, car loans 9,500, student loans 21,000, cards 3,500). Net worth is 440,000 − 279,000 = $161,000, and liabilities equal 63.4% of assets. Against the 35 to 44 group, whose median is $155,600, that household is $5,400 above the median. Its average is $681,900, far higher than the median, because a small number of very wealthy households pull the average up.
Median and average net worth by age
| Age of household head | Median | Average |
|---|---|---|
| Under 35 | $33,000 | $135,400 |
| 35 to 44 | $155,600 | $681,900 |
| 45 to 54 | $253,700 | $1,244,500 |
| 55 to 64 | $411,900 | $1,878,000 |
| 65 to 74 | $431,300 | $1,897,600 |
| 75 or older | $504,900 | $1,962,200 |
Limits and edge cases
- The survey is taken every three years. The 2025 results, published in October 2026, are the latest.
- Those figures describe households, so compare a couple's combined total with them, not one partner's share.
- Use resale value for cars and market value for a home. A mortgage balance is the principal left, not the original loan.
- Retirement balances are counted before any tax you would owe on withdrawals, and future Social Security is not counted.
Frequently asked questions
Is a negative net worth bad?
Not necessarily. Many people start adult life with student loans or a fresh mortgage and owe more than they own. What matters most is the direction: a number that keeps rising means you are making progress.
What is a good net worth for my age?
The median is the better yardstick because a few very rich households inflate the average. In the 2025 survey the median was $33,000 for households under 35 and $411,900 for ages 55 to 64. Your own goals and debts matter more than any benchmark.
Should I include my home and car?
Yes. List the home at its market value and the mortgage as a liability, and do the same for vehicles at resale value. Some planners also track net worth without the home, since it is hard to spend.
How often should I update my net worth?
Once or twice a year is enough for most people. Monthly checks mostly track market swings, while a yearly check shows real progress from saving and paying down debt.
Want to move the number? The savings goal calculator plans a deposit for a target, the debt-to-income ratio calculator shows how lenders see your debts, and the emergency fund calculator sizes your cash cushion.
Sources: Federal Reserve Board, Changes in U.S. Family Finances from 2022 to 2025 (Table 2); Survey of Consumer Finances. Results are estimates for planning, not financial advice.