What Percent of People in the USA Have No Net Worth
Federal Reserve data show that a meaningful share of U.S. households have zero or negative net worth, meaning their debts equal or exceed their assets. This group is often called the "zero net worth" or "negative net worth" population.
How Net Worth Is Calculated
Net worth equals total assets minus total liabilities. Assets include cash, bank accounts, retirement accounts, and home equity. Liabilities include mortgages, student loans, auto loans, and credit card debt. When liabilities exceed assets, net worth is negative.
Who Is Most Likely to Have No Net Worth
Younger households, those with lower incomes, and renters are more likely to have zero or negative net worth. High debt burdens, limited savings, and lower asset ownership contribute to this pattern. For detailed data, see the Federal Reserve's Survey of Consumer Finances at Federal Reserve Survey of Consumer Finances.
