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.
Where do you rank for your age?
You are £59,600 below the median for your age
ONS Wealth and Assets Survey, April 2020 to March 2022: median by age of household head; percentile across all households. Full percentile breakdown
GB median
£293,700
Top 25% above
£662,100
Bottom 25% below
£70,500
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Vs median for your age
£59,600 below
Percentile (all UK)
34th
Your net worth
£150,000
Median, ages 35–44
£209,600
Next: how does your net worth compare with other UK households? Work out your net worth →
Average wealth and net worth by age group in the UK (ONS)
Median household total wealth by age of the household head. Source: ONS Wealth and Assets Survey, Great Britain, April 2020 to March 2022.
Quick answer
Median net worth by age in the UK: household total wealth climbs from £15,200 under 25 to £209,600 at 35–44 and peaks at £502,500 at 65–74.
🎯 Median by age (Great Britain, total wealth including private pension): 16–24 £15,200 · 25–34 £109,800 · 35–44 £209,600 · 45–54 £301,900 · 55–64 £496,500 · 65–74 £502,500 · 75+ £373,100
💰 National median: The GB median is £293,700.
⚖️ Reading the median: The median is the midpoint — half of households that age hold less.
Source: ONS Wealth and Assets Survey (Great Britain, 2020–22).
The median is only the middle of each age group. For the full wealth distribution by age in the UK — the quartiles for each band and what puts a household in the top 10% or top 1% — see UK net worth percentiles. Wealth follows pay, and the average salary by age in the UK shows what a 25-year-old (the 22–29 band) and every other age typically earns.
UK wealth by age: what ONS ‘total wealth’ means
When the ONS reports wealth by age, it measures household total wealth: net property wealth, net financial wealth, physical wealth (vehicles, collectables and contents) and private pension wealth, all net of debts. That is the same quantity this page calls net worth, so "average wealth by age in the UK" and "average net worth by age in the UK" are answered by the same table.
Pensions are why UK figures can look high next to other countries. The ONS counts the accrued value of workplace and personal pensions, including defined benefit (final salary) pensions and pensions already being paid, and private pension wealth is 35% of the Great Britain total. The US Federal Reserve's net worth figures leave defined benefit pensions out, and Australian tables count super balances, so neither is a like-for-like comparison.
The figures are per household, by age of the household head, for Great Britain (Northern Ireland is not surveyed), from the Wealth and Assets Survey covering April 2020 to March 2022. The median rises from £15,200 at 16–24 to £502,500 at 65–74.
Average household wealth in the UK, all ages
Median household wealth in Great Britain is £293,700 (ONS, April 2020 to March 2022). That is the middle household, not the mean: a small number of very wealthy households pull a simple average well above what a typical household holds, so the ONS leads with the median. The least wealthy 10% of households have £16,500 or less, a quarter have under £70,500, a quarter have more than £662,100, and the wealthiest 10% have £1,200,500 or more.
Wealth is far more unequal than income: the ONS puts the Gini coefficient for household wealth at 0.59, where 0 is perfect equality and 1 is one household holding everything. Age is one reason: households headed by someone aged 45 to 54 have a median of £301,900, 1.03 times the national figure, and at 55 to 64 it is £496,500, 1.7 times, mostly because mortgages are paid down and private pensions have had decades to grow.
Between 40 and 65 the useful question is whether your own wealth will pay for retirement. Compare your pension with the average pension pot by age, see how much you need to retire in the UK, or find your place in the full UK wealth percentiles.
Net worth by single year of age
ONS publishes 10-year bands, so “how much should I have at 38?” has no published answer. These are modelled figures, interpolated between the published bands — useful as a marker, not as a statistic to quote.
Modelled median household total wealth, age 38
≈ £194,600
ONS publishes £209,600 for the 35–44 band as a whole.
£99,100 below the Great Britain median of £293,700.
How these are worked out
A straight line between the midpoints of the published bands. The ONS figure for 35–44 describes the whole band, so it belongs at its middle, near age 39 or 40 — which is why a 44-year-old models above £209,600 and a 35-year-old below it. The two are not in conflict: one is a band, the other a point inside it.
Three deliberate limits, because extrapolating past the data is how a modelled number stops being defensible. Under 20 and between 70 and 74 the value is held flat at the nearest published band rather than projected. 75+ is not modelled at all — it is an open-ended band with no honest midpoint, so you get the published £373,100 back. And real wealth does not accumulate in a straight line, so read these as markers between two published points, not as measurements.
Interpolated by Richify from ONS Wealth and Assets Survey band medians (Great Britain, 2020–22). Not ONS figures. Rounded to the nearest £100.
≈ marks a modelled figure. Ages 75 and over show the published ONS band median, which is why they do not carry the marker. The series peaks at 65–74 and falls at 75+ because private pension wealth is drawn down in retirement — that step is in the ONS data, not an artefact of the model.
How reliable are these figures? Read this before quoting them
These are the best available UK wealth figures and they are ONS-published — but they are no longer accredited official statistics, and anyone quoting them should know why. In 2025 the Office for Statistics Regulation suspended the accredited status of the Wealth and Assets Survey's core outputs, beginning with Round 8 (April 2020 to March 2022) — the very release these numbers come from. The reason was quality: falling response rates and a sustained lack of investment in the survey. The suspension covers Round 8 and all future releases until the ONS can demonstrate improvement against five specific requirements, with progress reports running from September 2025.
What that means in practice: treat these as a well-constructed estimate of the shape of UK wealth rather than a precise census of it. The ranking between age bands — wealth rising to a peak around 65–74 and easing after 75 as pensions are drawn down — is robust and consistent across sources. The exact pound figures carry more uncertainty than a headline number implies, and that uncertainty is larger at the tails, where fewer households are sampled.
Round 9, covering 2022 to 2024, has been collected — 11,708 households achieved — but no release date has been announced, and the OSR has noted that its response rates and data quality are likely to be further reduced. So the figures on this page are simultaneously the most recent published and already several years old: they describe the period to March 2022, before the sharpest part of the interest-rate cycle reshaped both mortgage debt and pension valuations. Expect the next round to move the numbers noticeably when it lands.
These are 2020–22 pounds — what they are worth now
This is the detail that matters most on this page, and almost nobody states it. The survey was collected between April 2020 and March 2022 — before the inflation surge. Your own wealth is in current pounds. UK consumer prices rose 23.6% from 2021 to 2025, so the gap is not a rounding detail:
Median £293,700 (2020–22) ≈ £363,100 in 2025 money.
Top 10% £1,200,500 ≈ £1,484,300. Top 1% £3,121,500 ≈ £3,859,500.
It does not mean British households became wealthier — it is the same survey figure restated in later purchasing power, so a like-for-like comparison is possible. Practically: if you are within ~24% of a threshold on the published figures, you are probably below it in real terms.
Adjusted using the World Bank consumer price index for the United Kingdom (FP.CPI.TOTL): 2021 123.85 to 2025 153.13, a factor of 1.2364, taking 2021 as the midpoint of the survey window. The index is annual and lags, so the comparison year is 2025, not today. Tables elsewhere on this page are left in the ONS's own figures so they match the source exactly.
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 wealth by age in the UK?+
ONS measures it as median household total wealth by age of the household head. For Great Britain (April 2020 to March 2022) the medians are: 16–24 £15,200, 25–34 £109,800, 35–44 £209,600, 45–54 £301,900, 55–64 £496,500, 65–74 £502,500, 75+ £373,100. Wealth peaks at 65–74 on £502,500, and the median across all households is £293,700. "Wealth" here is the same thing as net worth: property, pensions, savings and possessions, minus debts.
Does UK wealth by age include pensions?+
Yes. ONS total wealth includes private pension wealth — the accrued value of workplace and personal pensions, including defined benefit (final salary) pensions and pensions already in payment. It is 35% of household wealth in Great Britain, second only to net property wealth at 40%. The State Pension is not included. Leave your own pension out and you will look poorer than the ONS figures for your age.
How much should I have at 30, 40 or 50 in the UK?+
ONS publishes 10-year bands, not single years, so there is no published figure for one exact age. Interpolating between the published band midpoints gives roughly £114,800 at 30, £214,200 at 40 and £311,600 at 50 — modelled by Richify from ONS band medians, not ONS figures. A useful marker from the same model: the median household does not reach the Great Britain median of £293,700 until around age 49. Treat these as points between two published numbers rather than as measurements, and remember the survey was collected between April 2020 and March 2022, before the inflation surge.
Why is the figure for my exact age different from my age band?+
Because a band median describes the whole band, so it belongs at its middle. The ONS median of £209,600 for 35–44 sits near age 39 or 40; interpolating puts a 44-year-old above that figure and a 35-year-old below it. The two numbers are not in conflict — one is a band, the other a point inside it. Two limits are deliberate: ages 75 and over are not modelled at all, because 75+ is an open-ended band with no honest midpoint, so the published £373,100 is shown instead; and below 20 and between 70 and 74 the value is held flat at the nearest published band rather than projected past the data.
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.
To watch your own figure against these medians over time, use a net worth tracker built for the UK.
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.
Related UK tools
Free Net Worth Calculator UK →
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UK Net Worth Percentiles →
See exactly where your household ranks against the ONS quartiles by age.
Average Salary by Age UK →
Median full-time pay by age band — £39,039 overall, peaking at 40–49 (ONS ASHE).
Average Pension Pot by Age UK →
Median private pension wealth by age — £5,500 under 25 up to £145,900 at 65–74 (ONS).
Average Household Debt UK →
UK households owe ~£2.0tn — mortgages, consumer credit and credit cards (Bank of England).
Take-Home Pay Calculator →
Income Tax, NI and student loan — see your real monthly net pay.
Mortgage Calculator →
Monthly repayments, total interest, and a payment-by-rate table.
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