Pick your age
Median household net worth by age band
| Age of household head | Median household net worth |
|---|---|
| 16 to 24 | £15,200 |
| 25 to 34 | £109,800 |
| 35 to 44 | £209,600 |
| 45 to 54 | £301,900 |
| 55 to 64 | £496,500 |
| 65 to 74 | £502,500 |
Source: ONS Wealth and Assets Survey, April 2020 to March 2022. Accreditation of the survey is suspended from this round while the ONS works on response-rate quality; these remain the best available official figures.
How British wealth is built
Net worth in these figures is everything a household owns minus everything it owes. The ONS composition is revealing: net property wealth makes up 40% of GB household wealth and private pensions 35% — three quarters of British wealth is housing and pensions, not cash. Net financial wealth (savings and investments minus debts) is just 14%, with physical possessions the remaining 10%.
The age gradient is enormous. Median wealth rises 33-fold between the youngest band (£15,200 at 16 to 24) and the peak (£502,500 at 65 to 74), because the two big engines — mortgage repayment and pension compounding — both need decades to run. The single biggest step is between the 45–54 band (£301,900) and the 55–64 band (£496,500): £194,600 of median wealth built in peak-earning years.
Wealth is right-skewed, so medians (the typical household) sit well below means (the arithmetic average). We quote medians throughout, matching the ONS headline measure. On the income side, someone on the UK median salary of about £35,000 takes home £28,720 a year in 2025/26 (thresholds frozen to 2028) — converting income into wealth is what the pages above are really about.
Frequently asked questions
What is the average net worth in the UK?
Median household net worth across Great Britain is £293,700 (ONS Wealth and Assets Survey, April 2020 to March 2022). It rises steeply with age: from £15,200 for households headed by a 16 to 24 year old to a peak of £502,500 at 65 to 74.
Are these figures per person or per household?
Per household. Couples pool property, pensions and savings in these figures, so a single person should expect to sit below the household median for their age band.
What does UK net worth consist of?
Per the ONS: net property wealth 40%, private pension wealth 35%, net financial wealth 14% and physical wealth 10%, all measured after deducting debts.
Wealth starts with income
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