This calculator shows where your household’s net worth sits among households in Great Britain. It uses the Office for National Statistics (ONS) Wealth and Assets Survey for April 2020 to March 2022, the latest release. Enter your household’s total wealth: property minus mortgages, savings and investments minus debts, private pensions, and physical possessions.
Quick answer: Median household wealth in Great Britain is £293,700. The wealthiest 10% of households have £1,200,500 or more, and the wealthiest 1% have at least £3,121,500 (ONS Wealth and Assets Survey, April 2020 to March 2022).
The calculator compares your figure with the 1st to 99th percentile points ONS publishes for household total wealth. The survey covers Great Britain (England, Scotland and Wales), not Northern Ireland.
What does it take to be in the top 1%?
To be in the top 1% of household wealth in Great Britain, you need at least £3,121,500. This counts the household’s total wealth: property, private pensions, financial assets and physical possessions, net of debts.
| Percentile | Household total wealth |
|---|---|
| Top 1% (99th percentile) | £3,121,500 or more |
| Top 5% (95th) | £1,658,100 or more |
| Top 10% (90th) | £1,200,500 or more |
| Top 25% (75th) | £662,100 or more |
| Median (50th) | £293,700 |
| Bottom 25% (25th) | £70,500 or less |
| Bottom 10% (10th) | £16,500 or less |
Source: ONS, distribution of household wealth by percentiles, April 2020 to March 2022 (nominal, rounded to the nearest £100).
What is the median net worth in Great Britain?
Median household wealth is £293,700. Across all households, net property wealth makes up the largest share of total wealth (40%), followed by private pensions (35%), net financial wealth (14%) and physical wealth (10%).
ONS also publishes the median of each component on its own:
| Component | Median household value |
|---|---|
| Net property wealth | £106,000 |
| Private pension wealth | £67,900 |
| Physical wealth | £37,000 |
| Net financial wealth | £10,400 |
Each figure is the median of that component across all households, including those with none of it, so the four do not add up to the £293,700 total median.
Average net worth in Great Britain
ONS headlines the median rather than the average. Dividing ONS’s aggregate household wealth (£13,568 billion) by the number of households (26.99 million) gives an average of about £502,700 per household (our calculation, April 2020 to March 2022). The average sits well above the median because wealth is concentrated at the top.
Data quality note: Accreditation of the Wealth and Assets Survey has been suspended from Round 8 (this data) onward. ONS cites concerns about the quality of estimates at a granular level, plus lower response rates for the next round. ONS still publishes the figures, but treat them as indicative.
Median household net worth by age
ONS publishes median household wealth by the age of the household head, in 10-year bands:
| Age of household head | Median household wealth |
|---|---|
| 16 to 24 | £15,200 |
| 25 to 34 | £109,800 |
| 35 to 44 | £209,600 |
| 45 to 54 | £301,900 |
| 55 to 64 | £496,500 |
| 65 to 74 | £502,500 |
| 75 and over | £373,100 |
Source: ONS, Household total wealth in Great Britain: April 2020 to March 2022, Figure 2.
Median wealth rises with age to a peak of £502,500 for households headed by someone aged 65 to 74. Younger households hold little property wealth: the ONS bulletin, citing the government’s housing history chapter, gives the average age of first-time buyers in England as 34. ONS does not publish wealth by age for individuals or a percentile breakdown within each age band.
How to increase your net worth
- Pension contributions — private pensions are the second-largest part of household wealth in Great Britain. Contributing enough to get your full employer match adds employer money on top of your own.
- Property — net property is the largest component of household wealth. See the UK mortgage affordability calculator.
- Financial assets — ISAs allow tax-free saving and investing up to £20,000 a year.
- Debt — liabilities reduce your net worth directly, and high-interest debt costs the most.
Related guides
- UK mortgage affordability calculator — How much home can you afford?
- UK mortgage payment calculator — Monthly payment estimates
- UK stamp duty calculator — Land transaction tax
- UK income tax calculator — Calculate take-home pay
- UK income percentile calculator — How does your income compare?
- US net worth percentile calculator — Compare to American wealth
- Canada net worth percentile calculator — Compare to Canadian wealth
- Compound interest calculator — Project wealth growth
Source: Wealth and Assets Survey (WAS), Office for National Statistics
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