Chart assignment
Charts to read and discuss
Read each chart, then answer its questions. Every chart shows its source and date; open it for a table of the numbers and the data to download.
Chart 1 of 2 · Wealth
What is the median household net worth by age?
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In the Federal Reserve's 2025 survey, the typical (median) household headed by someone under 35 had a net worth of $32,820, and one headed by someone 35 to 44 had $156,000. The median was $254,670 for ages 45 to 54, $411,340 for 55 to 64, $431,900 for 65 to 74 and $504,600 for 75 and over, about 15 times the under-35s'. The median is the household in the middle: half have more and half less. Averages are much higher, because a few households are very rich. Net worth is what a household owns (homes, retirement accounts, stocks, businesses, cars, bank accounts) minus what it owes (mortgages, student and car loans, credit cards). The survey is taken every three years, and figures are in dollars of the survey year. People of different ages also lived through different times, so this compares age groups, not one household's path through life.
How to read this chart
Each bar is the median net worth of households, grouped by the age of the person who heads them. Net worth is what a household owns, such as a home, savings and retirement accounts, minus what it owes, such as a mortgage or student loans. The median is the household in the middle: half have more and half have less.
Questions to discuss
- Which age group has the highest median net worth, and about how many times the under-35 group's is it?
- Why might net worth keep rising through most of a working life, and why might it fall for the oldest group?
- A few very rich households pull the average far above the median. Why is the median a better picture of a typical household?
Source: Federal Reserve Board, Survey of Consumer Finances (Public domain (Federal Reserve Board; cite the Board as the source)) · Data as of Dec 31, 2025
Open the chart and its numbersChart 2 of 2 · Income and poverty
What is the typical household income in each state?
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In the Census Bureau's 5-year survey ending in 2024, the typical household in District of Columbia earned $109,870 a year, the most, followed by Massachusetts ($103,960) and Maryland ($103,678). Mississippi was lowest at $56,447, and the U.S. median was $80,734. These are 5-year estimates in 2024 dollars, each with a margin of error.
How to read this chart
Each bar is the median household income in a state: half of households earn more and half earn less. The dashed line is the whole U.S., for comparison. These are survey estimates, and each has a margin of error: the true value is likely within that range, so states with overlapping ranges may not really differ.
Questions to discuss
- Find your state. Is it above or below the U.S. median, and by about how much?
- Why do statisticians often use the median instead of the average (mean) for income?
- Housing and groceries cost more in some states. What would you need to know to compare what these incomes can buy?
Source: U.S. Census Bureau, American Community Survey 5-year estimates (Public domain (U.S. government work). This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.) · Data as of Dec 31, 2024
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