According to the Federal Reserves Survey of Consumer Finances report, the median net worth of an American household in 2019 was $121,700, while the average net worth was $748,800. However, its important to note that net worth varies widely based on a persons circumstances, such as age, education level, family structure, race, ethnicity, income, and cost of living. Here are the median and average net worth figures for different age groups, according to the Federal Reserves report:

• Less than 35: Median net worth of $13,900, average net worth of $76,300
• 35-44: Median net worth of $91,300, average net worth of $436,200
• 45-54: Median net worth of $168,600, average net worth of $833,200
• 55-64: Median net worth of $212,500, average net worth of $1,175,900
• 65-74: Median net worth of $266,400, average net worth of $1,217,700
• 75 and older: Median net worth of $254,800, average net worth of $977,600

Its worth noting that the average net worth is skewed by the most affluent households in the US, so the median net worth is a more accurate representation of the everyday person.