Average Net Worth by Age UK (2026) — How Do You Compare?

The average (median) net worth by age in the UK, using ONS data, explained in plain English. See how you compare by age band and how to grow your net worth.

Illustration of average net worth rising by age in the UK
The typical (median) UK household has a net worth of around £293,700, but it varies enormously by age — from roughly £15,000 for under-25s to close to £500,000 for households in their late fifties and sixties, according to the ONS Wealth and Assets Survey. Net worth tends to climb through your working life as pensions and property grow, then level off in retirement.

If you've ever wondered whether you're "on track", comparing your net worth to others your age is a natural place to start. It's not the whole story — everyone's circumstances differ — but it's a useful sense-check. This guide explains what net worth actually means, shows the typical figure for each UK age band, and gives you a free calculator to see exactly where you sit.

What is net worth?

Your net worth is simply everything you own minus everything you owe. On the "own" side that's your savings, the value of your home, your pensions, any investments or ISAs, and things like a car. On the "owe" side it's your mortgage, loans, credit-card balances and overdrafts. Subtract one from the other and you've got your net worth — a single number that captures your whole financial position, not just what's in your current account.

Diagram showing net worth equals assets minus liabilities
Net worth = what you own − what you owe.

Average net worth by age band

Here's the typical (median) household net worth for each age band in the UK. We've used the median — the middle household — rather than the mean average, because a small number of very wealthy households pull the mean up and make it misleading for most people.

Age bandTypical (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£502,500
75+£373,100

Source: ONS Wealth and Assets Survey, April 2020 to March 2022 — the most recent release. Worth knowing: the ONS suspended this survey's accreditation on 13 June 2025, so these are the latest available figures rather than live ones, and are best treated as a guide. We'll always tell you how current the numbers are.

See how you compare

Enter your own figures and our free calculator shows where you sit against the UK average for your age.

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Why net worth rises with age (and then dips)

The pattern in the table isn't an accident. In your twenties, net worth is often low or even negative — student loans, little in the way of savings, and no property. Through your thirties and forties it usually climbs as you pay down a mortgage (building equity) and your workplace pension quietly compounds in the background. It typically peaks somewhere around the late fifties to late sixties, when property is often mortgage-free and pension pots are at their fullest. After that it tends to ease back as people draw on their pensions and savings in retirement, which is exactly what those pots are for.

What counts as a "good" net worth for your age?

There's no magic number, and chasing someone else's is a quick route to feeling bad about perfectly healthy finances. A more useful question is whether your net worth is heading in the right direction. Being above the median for your age means you're ahead of roughly half of households like yours; being below it is completely normal if you're younger, live somewhere expensive, or are early in paying off a mortgage. What matters far more than today's snapshot is the trend over months and years.

How to grow your net worth

Three levers do most of the work. First, pay down expensive debt — clearing a credit card charging 20%+ is a guaranteed return you won't beat elsewhere. Second, keep your pension contributions up, because for the average UK household the pension is around a third of total wealth and employer matching is free money. Third, make your savings work — money sitting in an account paying next to nothing is quietly losing value to inflation, so it's worth checking your rate now and then. None of this is dramatic; net worth grows through steady, boring consistency, which is why seeing the trend line move is so motivating.

How to track your net worth

The hardest part of net worth isn't the sum — it's gathering the numbers. Your figure is spread across a current account here, a couple of savings accounts there, an ISA, a pension you rarely log into, maybe some Premium Bonds. That's exactly what Oinkly is for: it keeps every account, ISA, pension, Premium Bond and asset in one place, adds it all up, and shows how your net worth changes over time — so you never have to rebuild the spreadsheet.

Track your net worth for real

Everything in one place, updated as your money moves. Start with a 7-day free trial — no card needed.

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Frequently asked questions

What is the average net worth in the UK?
The typical (median) UK household net worth is around £293,700 according to the ONS Wealth and Assets Survey. The mean average is higher because very wealthy households pull it up, which is why the median is the fairer benchmark for most people.
What is a good net worth by age in the UK?
A reasonable benchmark is the median for your age band: roughly £15,000 (16–24), £110,000 (25–34), £210,000 (35–44), £302,000 (45–54) and £497,000 (55–64). Being near or above these means you're in line with or ahead of a typical household your age.
Does net worth include your pension?
Yes. Pensions are counted as an asset and make up around a third of the average UK household's wealth, so leaving them out understates your net worth significantly.
Does net worth include your house?
Yes — you include your home's market value as an asset and your outstanding mortgage as a debt. The equity (the difference) is what counts towards net worth.
Is it bad to have a low or negative net worth in your twenties?
No, it's normal. Student loans and a new mortgage often mean a negative figure early on. The direction of travel over time matters far more than the number at any single moment.

Related guides

Net worth calculator → How to calculate your net worth → What is a good net worth? → Net-worth tracking in Oinkly →