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- Here's the net worth you need to be in the top 10% of Americans — why it's a lot higher than you might think</p>
<p>Vishesh RaisinghaniJuly 14, 2025 at 3:50 AM</p>
<p>Think you're doing well financially? Here's how your net worth stacks up against America's top 10%</p>
<p>One of the lesser-known rules of personal finance is that wealth is relative. A net worth of $500,000 might be a fortune in some countries and barely enough in others.</p>
<p>That's why tracking your net worth against the national average and different percentiles can give you a clearer picture of your progress toward financial freedom.</p>
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<p>With that in mind, here's the latest available government data on how much wealth it takes to be in the top 10% of all Americans.</p>
<p>America's top 10%</p>
<p>The Federal Reserve is arguably the best source of data on national net worth. It has unmatched insight into how Americans earn, spend, save, invest and borrow.</p>
<p>According to a Washington Post analysis of the Federal Reserve's 2022 Survey of Consumer Finances, the median American family has a net worth of just $192,900. If your household has more than that, you're doing better than half of the country.</p>
<p>If your net worth is above $1,063,700, you're wealthier than the average American. This number is much higher than the median number because it is skewed by ultra-wealthy individuals like Jeff Bezos and Mark Zuckerberg. Still, it's a useful benchmark — being a millionaire or billionaire in America puts you ahead of most.</p>
<p>To break into the top 10%, though, you'll need a net worth of at least $2 million, according to the 2022 survey. That means only 1 in 10 American households has a net worth above that threshold.</p>
<p>In other words, if you're a multimillionaire, you can safely consider yourself among the affluent. Your family likely enjoys access to better housing, education than most.</p>
<p>That said, 2022 was a while ago, and this data is likely outdated. If you're trying to crack the top 10% in 2025 or beyond, you might need to aim a little higher than $2 million.</p>
<p>Read more: You don't have to be a millionaire to gain access to this $1B private real estate fund. In fact, you can get started with as little as $10 — here's how</p>
<p>Wealth is a moving target</p>
<p>Every year, America's wealthiest people tend to get even richer. At the same time, the cost of living keeps rising.</p>
<p>Since 2022, the S&P 500 has jumped roughly 64%, boosting the portfolios of many affluent families and potentially raising the bar for the top 10%.</p>
<p>Meanwhile, consumer price inflation (CPI) has averaged about 3.25% annually since 2022, according to SmartAsset. This means cumulative inflation is around 10% over the past three years; your dollar buys 10% less than it did then.</p>
<p>Taking all of this into account, it's safe to estimate that the current minimum net worth for joining the top 10% sits closer to $2.2 million.</p>
<p>Reaching that milestone may take a lifetime of exceptional earnings, diligent saving, savvy investments, successful business ventures or even a lucky inheritance.</p>
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<p>Money doesn't have to be complicated — sign up for the free Moneywise newsletter for actionable finance tips and news you can use. Join now.</p>
<p>This article provides information only and should not be construed as advice. It is provided without warranty of any kind.</p>
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