Home / Business and Economy / Seniors Lead Wealth Surge: Fed Data Reveals $504K Median Net Worth
Seniors Lead Wealth Surge: Fed Data Reveals $504K Median Net Worth
10 Oct
Summary
- Households aged 75+ have highest median net worth at $504,000.
- S&P 500 growth boosted wealth significantly for many Americans.
- Younger households under 35 saw median net worth plunge 23%.
Federal Reserve data from the Survey of Consumer Finances reveals that Americans aged 75 and older hold the highest median net worth at $504,000 as of 2025. This group also experienced the largest income gains, with a 24% increase in median annual income since 2022, likely benefiting from retirement asset growth.
Robust stock market performance, including a 78% gain in the S&P 500 between late 2022 and 2025, significantly boosted the wealth of many households. This includes a record surge in 401(k) accounts with over $1 million. Conversely, the financial outlook has weakened for millions.
Households headed by individuals under 35 experienced a 23% plunge in median net worth, falling to $33,000 by 2025, primarily due to lower business equity gains. Concurrently, approximately 20% of U.S. households were behind on debt repayments, the highest rate since 2010.
