Home / FIRE by age / How many millionaires are in the US?
FIRE by ageHow many millionaires are in the US?
About 29.1 million US families had a net worth of $1,000,000 or more in 2025, 21.5% of all 135.0 million families, by our calculation from the Federal Reserve's Survey of Consumer Finances. Net worth counts the family home.
Millionaire families in 2025
| Net worth of at least | Families | Share of all families |
|---|---|---|
| $1 million | 29.1 million | 21.5% |
| $2 million | 16.3 million | 12.1% |
| $5 million | 6.7 million | 4.9% |
| $10 million | 2.7 million | 2.0% |
The survey counts families, not people: a married couple is one family. Amounts are in 2025 dollars.
Share of millionaires by age
| Age of family head | Net worth of $1 million or more |
|---|---|
| Under 35 | 1.7% |
| 35 to 44 | 13.1% |
| 45 to 54 | 23.6% |
| 55 to 64 | 32.3% |
| 65 to 74 | 30.9% |
| 75 or older | 33.7% |
| All families | 21.5% |
Wealth builds with age: 1.7% of families under 35 reach $1,000,000, against 32.3% at 55 to 64.
Millionaire by net worth vs investable money
Net worth includes the home a family lives in, cars and businesses, minus debts. A family can be a millionaire on paper with most of it in a house. For retirement, what counts is money you can invest and draw from; the FIRE calculator uses that figure.
Questions people ask
What percentage of Americans have a net worth of over $1,000,000?
About 21.5% of US families in 2025, by our calculation from the Federal Reserve's survey. $1,000,000 sits at about the 78th percentile of all families.
What is top 5% wealth net worth in the US?
The top 5% of families had at least $4,936,622 in 2025, and the top 1% at least $16,270,884.
Is $10 million rich in the USA?
By the numbers, yes: only about 2.0% of US families, 2.7 million, had a net worth of $10,000,000 or more in 2025.
What percent of the US population is a millionaire?
The survey measures families rather than individuals. 21.5% of families had $1,000,000 or more, so the share of all individuals, children included, is lower.
Related
The net worth by age calculator places your own figure, and the net worth calculator adds it up item by item. Net worth by age in 2025 has the medians and averages.
Sources
- Our calculation from the Federal Reserve's Survey of Consumer Finances 2025, released October 9, 2026 (public data; figures in 2025 dollars). Family counts use the survey weights.
Keep reading
- Coast FIRE: how much you need by age
What coast FIRE means and the amount you need at 25, 30, 35, 40 and 45.
- How much do you need to retire at 40?
The portfolio you need by spending level for a 50-year retirement, what it takes to save it and how to bridge to 59½.
- Can you retire at 50 with $1, $2 or $3 million?
What $1M, $2M and $3M pay each year from 50, how long each lasts at each spending level and what Social Security adds.
- How long will $1 million last in retirement?
Years $1 million lasts by withdrawal and return, for $500,000 and $2 million too, and what two bad years at the start do.
- What is FIRE? Financial independence in numbers
What financial independence means, the five versions and how much each one costs.
Last reviewed by Asier Fernández, editor, on . Educational information only, not financial advice. How we calculate