UK wealth statistics

Average Net Worth by Age in the UK

Median household net worth in Great Britain is £293,700, rising from £15,200 for under-25s to a peak of £502,500 at 65 to 74 (ONS, April 2020 to March 2022). Here is the full table by age, and a calculator for your own.

ONS data, April 2020 to March 2022GB median: £293,700Free, no signup

Median household net worth by age (Great Britain)

£293,700

the Great Britain median across all ages · peaks at £502,500 for the 65-74 band

Age of household head	Median net worth
16-24	£15,200
25-34	£109,800
35-44	£209,600
45-54	£301,900
55-64	£496,500
65-74 (peak)	£502,500
75 and over	£373,100

These are median figures, the middle household in each age band, which is a fairer guide than the average because a small number of very wealthy households pull the mean far higher. Wealth is total net worth: property, pensions, savings and possessions, minus debts.

ONS Wealth and Assets Survey, Great Britain, April 2020 to March 2022. ONS has suspended the accredited official-statistics badge for these outputs while it improves survey quality. Not financial advice.

Simon Chadwick

Founder, Orbit Money

Method: ONS Wealth and Assets Survey, median household total wealth by age of household head, April 2020 to March 2022Updated: 17 July 2026Sources: ONS, Household total wealth in Great Britain (Wealth and Assets Survey)

Average net worth by age in the UK

Median household net worth rises steeply with age. It starts at just £15,200 for households headed by someone aged 16 to 24, who have had little time to build up property or pensions, and climbs to a peak of £502,500 in the 65 to 74 band, some 33 times higher. It then falls back to £373,100 for households headed by someone aged 75 and over, as pensions and savings are drawn down in retirement. The overall median across all ages is £293,700.

One coverage note worth stating plainly: the Wealth and Assets Survey covers Great Britain, so these figures exclude Northern Ireland. They are household figures, not individual ones, and are grouped by the age of the household head.

Why the median, not the average

Wealth is far more unequal than income, so the mean is a poor guide to a typical household. A small number of very wealthy households pull the average up well above what most people hold. The median, the middle household, is the honest benchmark. If your net worth is near the median for your age, you are squarely in the middle of the pack.

What makes up household wealth

The ONS splits total wealth into four parts. Property and pensions dominate, which is why net worth builds slowly through your working life and peaks around retirement.

Component	Share of total wealth
Private pension wealth	35%
Net property wealth	40%
Net financial wealth (savings and investments)	14%
Physical wealth (vehicles, contents)	10%

Wealth also varies sharply by region: median household wealth ranges from £489,800 in the South East down to £179,900 in the North East. To place yourself precisely, add up your own assets and debts in the calculator below.

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A snapshot only, a guide, not financial advice.

Frequently asked questions

What is the average net worth in the UK?

The median household net worth in Great Britain is £293,700, on the ONS Wealth and Assets Survey for April 2020 to March 2022. This is total wealth: property, private pensions, savings and investments, and physical possessions, minus debts. Median means the middle household, which is a fairer guide than the average because a small number of very wealthy households pull the mean far higher.

What is the average net worth by age in the UK?

Median household net worth rises steeply with age, from £15,200 for households headed by someone aged 16 to 24, to £209,600 at 35 to 44, £301,900 at 45 to 54, and a peak of £502,500 at 65 to 74. It then falls back to £373,100 for households headed by someone aged 75 and over, as savings and pensions are drawn down. These are Great Britain figures; the survey does not cover Northern Ireland.

Why does net worth peak around retirement?

Wealth builds over a working life: mortgages are paid down so property wealth grows, and pension pots build with decades of contributions. By the 65 to 74 band both are at their largest, which is why median wealth peaks there at roughly £502,500, about 33 times the level of the youngest households.

What counts towards net worth?

The ONS measures four parts: net property wealth (40%), private pension wealth (35%), net financial wealth such as savings and investments (14%), and physical wealth like vehicles and contents (10%). Net worth is the total of these minus what you owe.