The words “net worth” aren’t just for famous people. Everyone has one. It’s the value of all the stuff you own minus what you owe. It shows how you’re doing with your money.
Net worth can change based on things like how much money you make, if you own a house or rent one, and if you went to college or not. But knowing the average net worth for your age can help you see if you’re doing okay.
Here’s a list of what Americans have on average by age from a 2023 report. But remember, some super-rich people can make the average look higher than it really is for most folks.
