Schwab Modern Wealth Survey, June 2023

Nearly half of Americans feel wealthy, but they don’t measure it in dollars and cents

Key Findings

  • Americans say it takes an average net worth of $2.2 million to be considered wealthy, but among the 48% of Americans who feel wealthy today, the average net worth is $560,000

  • Non-financial assets like good health, fulfilling relationships and career flexibility resonate far more when defining wealth than having large sums of money.
  • Americans say how they measure up to their social circle can also impact how wealthy they feel, and many find themselves comparing lifestyles on social media.

Fact sheets

Select a city below to view a summary of key findings for that geographic region.

Atlanta | Boston | Chicago | Dallas | Denver | Houston |

New York | Phoenix | San Francisco | Seattle | 

Southern California | Washington, D.C.

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