Average net worth by age in the UK
Median household total wealth in Great Britain is £293,700, rising from £15,200 for under-25s to a peak of £502,500 at 65–74. See the full table by age — then check exactly where you rank.
GB median
£293,700
Top 25% above
£662,100
Bottom 25% below
£70,500
Median net worth by age group — UK
Median household total wealth by age of the household head. Source: ONS Wealth and Assets Survey, Great Britain, April 2020 to March 2022.
Why we use the median, not the mean
UK wealth is heavily skewed — a small number of very wealthy households pull the mean far above what a typical household actually holds. The median (the exact middle household) is the honest benchmark. For Great Britain that median is £293,700; half of households are above it and half below. The quartiles tell you the spread: £70,500 at the bottom 25%, £662,100 at the top 25%.
What makes up UK household wealth
Property and private pension wealth together make up about three-quarters of total wealth — which is why net worth climbs so steeply with age as mortgages clear and pensions compound. Shares are GB averages (ONS, April 2020 to March 2022).
The regional gap
Where you live matters as much as your age. Median household wealth ranges from about £489,800 in the South East — the highest region — down to roughly £179,900 in the North East, the lowest. The ONS notes greater uncertainty around the London estimate for this survey round. Figures: ONS Wealth and Assets Survey, April 2020 to March 2022.
Frequently asked questions
What is the average net worth by age in the UK?+
Median household total wealth rises steadily with the age of the household head — from £15,200 for under-25s, to £109,800 (25–34), £209,600 (35–44), £301,900 (45–54), £496,500 (55–64), a peak of £502,500 (65–74), then easing to £373,100 for the over-75s as pension wealth is drawn down. Figures are from the ONS Wealth and Assets Survey, Great Britain, April 2020 to March 2022 (published January 2025).
What is the average net worth in the UK overall?+
Median total household net wealth in Great Britain was £293,700, per the ONS Wealth and Assets Survey (April 2020 to March 2022). Median is the fairest 'average' for wealth because the mean is pulled far higher by a small number of very wealthy households. Total wealth combines property, private pension, financial and physical wealth, net of debts.
What net worth puts you in the top 25% in the UK?+
A total household net wealth above £662,100 puts you in the top quartile (top 25%) of Great Britain. The lower quartile is £70,500 — households below that are in the bottom 25%. The median sits between them at £293,700 (ONS, April 2020 to March 2022).
Why does net worth peak at 65–74 and then fall?+
Wealth builds across a lifetime as people pay down mortgages and accumulate private pension savings, peaking around 65–74. After the State Pension age, households typically start to spend down their pension and other wealth in retirement, so the median for the over-75s is lower than for the 65–74 group.
Is the UK net worth figure per person or per household?+
The ONS figures are per household, not per individual. 'Total wealth' is the combined property, private pension, financial and physical wealth of everyone in the household, net of liabilities. For couples, individual net worth is usually lower than the household figure.
What counts towards net worth in these figures?+
ONS total wealth has four parts: net property wealth (about 40% of the total), private pension wealth (35%), net financial wealth such as savings and investments (14%), and physical wealth like vehicles and possessions (10%) — all net of debts including mortgages and loans.
Source: ONS Wealth and Assets Survey, Great Britain, April 2020 to March 2022 (published January 2025). Total wealth is measured per household, net of debts. For education only — not financial advice.
Average net worth in other countries
Compare where you'd rank across the major English-speaking economies — each with its own national survey data.
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