A household's net worth can reveal a lot about its overall financial well-being, according to a new study from SmartAsset. Those with liquid assets have a better chance of being approved for home loans or other lines of credit, a fallback for unpredictable life events and the potential to make their money work for them through investments.
Households in different states often manage different savings rates, the study noted, depending on such factors as the local job market, economy, cost of living and taxes.
Thus, the median net worth across the United States ranges from $62,500 to nearly $700,000, according to the latest U.S. Census Bureau data. And those assets are allocated differently as well, which can greatly affect a household's flexibility in using these funds.
SmartAsset ranked 43 states with available data based on the median household net worth, including information about whether these assets are held in home equity, emergency funds, vehicles, retirement accounts or other investments. Researchers gathered household net worth and asset data from the Census Bureau for 2023, published in July 2025.
Excluded from the study were Alaska, the Dakotas, Delaware, Rhode Island, Vermont and Wyoming.
See the accompanying gallery for the 12 states with the highest median household net worth.
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