What does the US household net worth table measure?

It measures the assets, liabilities and resulting net worth of US households and nonprofit organisations, plus pension fund holdings and total national net wealth.

Who publishes this data and how far back does it go?

The Federal Reserve Board publishes it quarterly in the Financial Accounts of the United States (the Z.1 release), with records back to the fourth quarter of 1945.

What is included in household net worth?

Net worth is total assets minus total liabilities. Assets cover real estate, consumer durables, deposits, debt securities, corporate equities, mutual funds and pension entitlements.

How does household net worth differ from household income?

Net worth is a stock measured at a point in time — everything owned minus everything owed. Income is a flow earned over a period. A house price rise lifts net worth without changing income.

US Household Net Worth and National Wealth

Name: US Household Net Worth and National Wealth
Creator: Federal Reserve Board - Financial Accounts of the United States (Z.1)
License: https://creativecommons.org/licenses/by/4.0/

The wealth side of the Financial Accounts: total assets, liabilities and net worth of households and nonprofits with owners' equity in real estate and net worth relative to disposable income; the assets and unfunded liabilities of defined benefit and defined contribution pension plans that back a large part of that net worth; and US net wealth itself — nonfinancial assets by sector plus net claims on the rest of the world.

Source: Federal Reserve Board - Financial Accounts of the United States (Z.1)Last updated: Sep 22, 2026, 12:53Curated by Bui Thanh PhucAbout this data ↓

Indicator	Q2-2026	Q1-2026	Q4-2025	Q3-2025	Q2-2025	Q1-2025	Q4-2024	Q3-2024	Q2-2024	Q1-2024	Q4-2023	Q3-2023	Q2-2023
HOUSEHOLDS AND NONPROFITS7
Total assets2	217,751.1	204,671.71	203,778.92	201,783.67	196,310.39	189,557.75	189,507.83	188,515.04	184,453.49	181,397.25	175,945.38	171,539.57	172,456.62
Nonfinancial assets4	64,263.84	62,890.64	61,695.66	61,922.56	61,962.83	60,664.08	60,023.97	60,216.44	60,517.91	58,727.6	57,611.09	58,206.64	57,750.69
Real estate at market value2	54,073.95	52,942.96	52,015.27	52,382.75	52,563.98	51,455.88	50,955.45	51,255.77	51,615.11	49,868.43	48,842.75	49,472.74	49,031.26
Owner-occupied real estate (households)	49,791.68	48,667.44	47,862.01	48,222.29	48,598.1	47,451.11	46,891.45	47,281.63	47,553.7	45,824.78	44,742.85	45,132.34	44,641.64
Real estate of nonprofit organizations	4,282.27	4,275.52	4,153.26	4,160.46	3,965.88	4,004.78	4,064	3,974.14	4,061.42	4,043.66	4,099.9	4,340.4	4,389.61
Equipment of nonprofit organizations	764.79	745.21	729.31	716.31	699.83	688.02	681.68	676.81	669.22	662.48	653.47	648.1	640.41
Intellectual property products of nonprofits	310.28	302.58	297.31	289.51	282.08	279.06	275.65	270.48	265.51	261.13	258.3	254.43	251.18
Consumer durable goods	9,114.82	8,899.89	8,653.78	8,533.99	8,416.94	8,241.12	8,111.19	8,013.38	7,968.07	7,935.56	7,856.57	7,831.38	7,827.85
Financial assets15	153,487.27	141,781.07	142,083.26	139,861.12	134,347.57	128,893.67	129,483.86	128,298.6	123,935.58	122,669.65	118,334.29	113,332.93	114,705.93
Checkable deposits and currency	5,764.56	5,813	5,524.95	4,635.52	4,693.34	4,663.95	4,440.36	4,348.34	4,427.64	4,687.74	4,384.41	4,304.59	4,531.32
Time and savings deposits	9,097.76	9,185.04	9,125.39	9,858.06	9,754.09	9,788.82	9,767.49	9,717.95	9,675.02	9,748.87	9,845.67	9,851.59	9,790.19
Other deposits	72.77	71.05	66.3	65.5	60.32	58.47	56.56	57.49	54.31	53.17	50.8	49.85	47.87
Debt securities4	6,006.23	5,735.45	5,878.26	5,842.97	5,733.48	5,621.93	5,534.63	5,634.81	5,412	5,265.48	5,389.93	5,049.07	4,968.48
Treasury securities	2,831.14	2,673.77	2,709.92	2,709.16	2,642.28	2,556.41	2,371.74	2,499.98	2,331.13	2,266.56	2,361.88	2,214.01	2,116.37
Agency- and GSE-backed securities	868.91	822.23	921.92	903.18	926.91	932.26	1,030.44	963.91	974.1	926.5	965.56	927.79	872.04
Municipal securities	2,114.17	2,046.88	2,052.45	2,035.81	1,969.54	1,938.24	1,937.42	1,973.09	1,910.43	1,874.74	1,863.51	1,711.13	1,781.56
Corporate and foreign bonds	192.01	192.57	193.98	194.83	194.75	195.03	195.03	197.83	196.35	197.68	198.98	196.14	198.52
Loans held as assets3	973.92	1,009.07	930.53	959.3	925.47	897.07	886.7	899.24	848.43	872.8	863.49	880.55	903.37
Student loans held by nonprofits	10.42	11.03	11.76	13.74	14.06	14.31	14.58	14.86	15.78	17.25	18.6	19.5	19.22
Mortgages held	58.24	60.07	61.99	64.08	66.7	68.41	70.28	71.4	72.55	73.29	73.86	74.34	74.27
Other loans and advances	905.26	937.98	856.79	881.48	844.71	814.35	801.85	812.99	760.11	782.26	771.04	786.71	809.88
Corporate equities	52,119.17	44,007.84	44,322.84	42,969.75	39,641.42	36,522.17	36,999.3	36,245.91	33,741.27	32,855.1	30,370.24	27,618.82	28,516.66
Other equity (incl. noncorporate business)	16,754.13	16,590.49	16,324.69	16,356.56	16,043.8	16,001.02	16,038.8	15,864.04	15,857.62	15,679.5	15,810.31	16,181.23	16,105.87
Money market fund shares	5,327.22	5,261.14	5,187.44	4,911.62	4,739.08	4,687.11	4,586.12	4,297.72	4,096.27	4,020.26	3,916.59	3,752.18	3,557.13
Mutual fund shares	14,412.66	13,099.19	13,410.4	13,367.93	12,798.45	11,906.55	12,187.35	12,442.06	11,877.54	11,869.12	11,074.69	10,246.2	10,698.33
Hedge fund shares	2,491.01	2,228.75	2,212.84	2,137.63	2,038.39	1,939.6	1,934.02	1,879.6	1,822.18	1,840.54	1,767.81	1,717.51	1,733.64
Private debt fund shares	144.57	145.28	155.85	150.58	150.94	148.59	148.53	140.17	139.26	137.14	137.64	124.87	119.82
Life insurance reserves	2,216.06	2,167.93	2,168.25	2,182.68	2,178.71	2,150.18	2,161.91	2,150.76	2,121.67	2,104.89	2,060.48	2,041.75	2,054.64
Pension entitlements	35,728.29	34,172.89	34,493.04	34,186.12	33,376.39	32,321.55	32,582.56	32,496.9	31,772.47	31,473.55	30,632.14	29,529.79	29,717.64
Grants and trade receivables of nonprofits	505.33	496.24	487.14	478.11	469.09	460.06	451.03	441.91	432.78	423.66	414.53	405.3	396.07
Miscellaneous assets	1,873.58	1,797.75	1,795.35	1,758.79	1,744.58	1,726.61	1,708.5	1,681.71	1,657.13	1,637.85	1,615.58	1,579.63	1,564.93
Total liabilities4	21,880.61	21,604.62	21,504.71	21,274.51	21,063.88	20,859.89	20,786.32	20,629.88	20,456.8	20,311.28	20,271.12	20,093.1	19,913.8
Municipal securities issued by nonprofits	243.65	237.66	234.36	229.6	226.3	220.03	217.98	217.41	215.63	211.84	209.22	209.47	209.39
Loans5	21,052.26	20,784.87	20,697.42	20,478.01	20,272.18	20,078.34	20,014.05	19,862.75	19,694.33	19,557.14	19,525.66	19,352.92	19,179.22
Home mortgages (one-to-four-family)	13,976.94	13,826.56	13,788.34	13,687.79	13,568.85	13,448.68	13,394.55	13,284.33	13,176.04	13,070.71	13,029.44	12,935.73	12,811.8
Consumer credit	5,120.26	5,072.1	5,098.82	5,039.63	4,995.65	4,962.54	4,947.23	5,027.76	4,980.85	4,956.36	4,988.23	4,927.94	4,906.67
Depository institution loans n.e.c.	733.38	707.03	661.29	631.18	615.65	596.49	618.76	523.39	528.2	532.55	525.87	513.21	510.37
Commercial mortgages of nonprofits	595.38	591.35	580.28	572.08	560.59	552.25	548.07	546.98	538.93	537.12	531.14	524.89	517.01
Other loans and advances	626.3	587.83	568.68	547.34	531.45	518.38	505.44	480.28	470.3	460.4	450.99	451.15	433.37
Trade payables of nonprofits	540.88	536.43	531.98	527.68	523.37	519.07	514.77	510.3	505.82	501.34	496.86	492.03	487.19
Deferred and unpaid life insurance premiums	43.83	45.66	40.96	39.22	42.02	42.45	39.53	39.43	41.02	40.96	39.37	38.69	38
Net worth	195,870.5	183,067.1	182,274.21	180,509.16	175,246.52	168,697.86	168,721.51	167,885.16	163,996.69	161,085.96	155,674.26	151,446.47	152,542.82
Net worth as a percentage of disposable personal income	828.48	781.35	788.62	784.78	769.08	747.65	758.32	763.03	750.79	746.62	735.42	724.81	738.67
Owners' equity in household real estate	35,814.74	34,840.88	34,073.67	34,534.5	35,029.25	34,002.42	33,496.91	33,997.3	34,377.65	32,754.07	31,713.42	32,196.61	31,829.85
Owners' equity as a percentage of household real estate	71.93	71.59	71.19	71.62	72.08	71.66	71.43	71.9	72.29	71.48	70.88	71.34	71.3
Assets in 529 college savings plans2	653.58	594.52	602.94	587.99	567.87	525.06	525.12	527.62	508.29	496.72	471.17	431.47	450.76
529 savings plans	627	568.61	576.67	561.87	542.43	500.43	500.61	502.01	483.68	472.12	446.58	408.61	426.91
529 prepaid plans	26.58	25.91	26.26	26.13	25.44	24.63	24.5	25.61	24.61	24.6	24.59	22.86	23.85
PENSION FUNDS4
Total financial assets10	30,829.26	29,499.06	29,742.57	29,477.56	28,774.95	27,864.16	28,083.12	28,009.21	27,406.78	27,159.05	26,463.41	25,507.97	25,637
Checkable deposits and currency	63.09	62.75	63.58	61.24	54.02	63.84	73.72	68.09	61.84	55.47	43.18	50.33	49.69
Time and savings deposits	14.7	14.47	14.31	14.25	14.1	14.08	14.02	14.13	16.28	16.25	16.81	17.39	14.51
Debt securities5	3,271.45	3,248.11	3,196.6	3,162.27	3,016.02	3,025.64	2,953.04	3,042.46	2,882.71	2,833.44	2,812.12	2,627.33	2,674.23
Commercial paper	42.18	41.25	48.18	47.32	46.32	45.75	46.39	44.6	48.1	49	46.94	48.48	46.83
Treasury securities	1,175.14	1,165.67	1,138.84	1,097.16	1,044.48	1,036.06	1,000.47	1,038.79	970.79	933.38	915.8	841.93	830.14
Agency- and GSE-backed securities	506.54	504.46	486.51	499.42	480.08	456.84	449.59	453.12	426.63	426.38	420.01	395.33	411.64
Municipal securities	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.02	0.02	0.02	0.02	0.03
Corporate and foreign bonds	1,547.56	1,536.71	1,523.05	1,518.34	1,445.12	1,486.97	1,456.58	1,505.92	1,437.17	1,424.66	1,429.36	1,341.58	1,385.59
Loans3	3,858.03	3,831.38	3,782.37	3,443.97	3,186.48	3,315.9	3,331.77	3,116.71	3,061.14	3,034.43	3,039.28	2,817.3	2,735.4
Security repurchase agreements	229.78	238.09	190.73	156.21	124.35	123.35	124.09	92.43	88.12	78.86	74.59	70.79	32.28
Mortgages	26.61	26.87	28.21	29.21	30.8	30.87	31.64	30.67	30.33	29.99	30.32	29.47	27.85
Federal pension funds' claims on the Treasury (G Fund and trust funds)	3,601.63	3,566.42	3,563.43	3,258.55	3,031.33	3,161.67	3,176.04	2,993.61	2,942.69	2,925.58	2,934.37	2,717.04	2,675.27
Corporate equities	10,179.5	9,005.48	9,464.52	9,266.54	8,504.11	7,718.01	8,277.79	8,278.79	7,979.4	7,947.99	7,167.69	6,578.57	6,868.6
Money market fund shares	278.32	272.13	265.13	260.45	247.49	234.38	230.6	228.28	229.94	230.66	221.24	219.08	218.31
Mutual fund shares	6,641.2	6,051.92	6,254.01	6,210.69	6,186.14	5,757.67	5,897.85	5,980.99	5,693.68	5,628.32	5,323.24	4,870.43	5,045.02
Hedge fund shares	1,052.04	941.28	926.69	897.31	863.31	830.68	823.93	835.47	822.79	813.94	791.27	791.23	801.82
Private debt fund shares	274.75	275.94	289.63	280.65	282.87	280.36	275.64	264.09	257.78	252	251.43	234.96	225.16
Miscellaneous assets4	5,196.2	5,795.62	5,485.73	5,880.21	6,420.4	6,623.61	6,204.77	6,180.2	6,401.25	6,346.54	6,797.15	7,301.35	7,004.26
Unallocated insurance contracts	930.43	904.4	910.12	903.57	888.14	868.09	868.4	870.29	856.94	853.62	840.45	827.67	840.81
Contributions receivable	88.12	84.85	82.64	82.05	80.02	79.96	79.48	78.94	78.41	77.88	77.34	76.32	75.3
Claims of pension funds on sponsors (unfunded liabilities)	2,726.34	3,412.41	3,093.9	3,544.05	4,089.47	4,411.71	3,759.27	3,721.86	3,986.64	3,921.99	4,583.16	5,162.5	4,832.2
Unidentified miscellaneous assets	1,451.32	1,393.96	1,399.08	1,350.54	1,362.77	1,263.86	1,497.62	1,509.11	1,479.26	1,493.05	1,296.2	1,234.87	1,255.95
Total liabilities (pension entitlements)	30,997.55	29,665.03	29,930.96	29,664.55	28,959.65	28,051.31	28,270.19	28,196.28	27,595.98	27,353.52	26,655.66	25,705.73	25,830.13
Defined benefit plans2
Pension entitlements	16,721.73	16,659.05	16,598.8	16,538.04	16,476.32	16,414.24	16,353.54	16,278.82	16,203.08	16,128.02	16,052.43	15,940.18	15,830.2
Funded assets	13,995.4	13,246.65	13,504.91	12,994	12,386.85	12,002.54	12,594.27	12,556.96	12,216.44	12,206.03	11,469.27	10,777.68	10,998
Defined contribution plans: total financial assets	14,275.82	13,005.97	13,332.16	13,126.51	12,483.33	11,637.07	11,916.65	11,917.46	11,392.91	11,225.5	10,603.23	9,765.55	9,999.93
NATIONAL NET WEALTH5
US net wealth5	180,955.57	166,762.36	166,863.74	165,420.02	160,832.06	154,211.68	155,331.67	154,169.5	152,116.4	149,035.76	143,745.96	141,960.64	142,531.89
Proprietors' equity in noncorporate security brokers and dealers	193.91	180.55	170.99	158.01	153.11	152.15	140.6	131.88	128.03	128.54	123.83	120.97	120.08
Corporate and financial sectors (market value of nonfinancial assets)2	94,407.13	81,067.91	83,588.2	82,600.59	77,749.82	72,470.39	75,615.98	73,036.7	69,726.16	68,236.56	62,835.41	58,662.35	59,656.98
Nonfinancial corporate business	88,401.47	75,789.46	77,508.03	76,529.86	71,752.15	66,561.7	69,489.33	67,871.36	64,531.87	63,078.82	58,405.23	54,033.47	55,628.35
Domestic financial sectors	6,005.66	5,278.45	6,080.16	6,070.73	5,997.67	5,908.69	6,126.66	5,165.34	5,194.29	5,157.74	4,430.18	4,628.88	4,028.63
Federal government nonfinancial assets (excluding land)	5,098.11	5,029.61	4,943.77	4,879.99	4,831.05	4,778.93	4,710.07	4,672.56	4,640.55	4,602.67	4,570.24	4,531.91	4,502.3
State and local government nonfinancial assets (excluding land)	17,976.93	17,639.01	17,363.14	17,106.4	16,946.49	16,766.95	16,561.95	16,438.26	16,268.65	16,178.14	16,021.31	15,922.86	15,895.7
Net financial claims on the rest of the world	-20,741.88	-19,623.81	-20,254.14	-20,602.72	-19,842.57	-19,595.64	-20,745.04	-19,163.57	-17,981.54	-17,466.71	-16,166.05	-14,631.8	-14,503.6
Change in US net wealth over the quarter	14,193.21	-101.39	1,443.73	4,587.96	6,620.39	-1,119.99	1,162.17	2,053.09	3,080.65	5,289.79	1,785.32	-571.25	5,936.02
Change in US net wealth, percent	8.51	-0.06	0.87	2.85	4.29	-0.72	0.75	1.35	2.07	3.68	1.26	-0.4	4.35
Change in household net worth over the quarter	12,803.4	792.89	1,765.04	5,262.65	6,548.65	-23.65	836.35	3,888.47	2,910.73	5,411.71	4,227.79	-1,096.34	5,831.98
Change in household net worth, percent	6.99	0.43	0.98	3	3.88	-0.01	0.5	2.37	1.81	3.48	2.79	-0.72	3.98

Latest reading

The latest reading is 195,870.5 Billion USD, for Q2 2026. That is +7.0% from Q1 2026 and +11.8% from a year earlier. The series on this page is quarterly and runs from Q4 1945 to Q2 2026. Source: Federal Reserve Board - Financial Accounts of the United States (Z.1).

Latest: 195,870.5 Billion USD; Q2 2026
vs previous period: +7.0%; Q1 2026
vs a year earlier: +11.8%

About this data

Frequently asked questions

What does the US household net worth table measure?: It measures the assets, liabilities and resulting net worth of US households and nonprofit organisations, plus pension fund holdings and total national net wealth.
Who publishes this data and how far back does it go?: The Federal Reserve Board publishes it quarterly in the Financial Accounts of the United States (the Z.1 release), with records back to the fourth quarter of 1945.
What is included in household net worth?: Net worth is total assets minus total liabilities. Assets cover real estate, consumer durables, deposits, debt securities, corporate equities, mutual funds and pension entitlements.
How does household net worth differ from household income?: Net worth is a stock measured at a point in time — everything owned minus everything owed. Income is a flow earned over a period. A house price rise lifts net worth without changing income.