Is a $3 million net worth considered wealthy?

By most measures, yes. A $3 million net worth is around the 92nd percentile of U.S. families in the Federal Reserve’s 2025 survey. About 8% of families have more. It’s also above the $2.3 million that Americans, on average, said it takes to be wealthy in Charles Schwab’s 2025 Modern Wealth Survey.

At a 4% withdrawal rate, $3 million of investments supports about $120,000 in the first year, which is more than most working households earn. If much of the $3 million is a house, the income it supports is smaller, which is why people in expensive cities often say it doesn’t feel wealthy.

What percentile is a $3 million net worth?

About the 92nd overall. By age it ranges from the 99th percentile for families under 35, to about the 96th for 35 to 44, the 92nd for 45 to 54, and around the 85th to 88th for families 55 and older, where the top 10% starts between $3.5 million and $4.2 million.

See the full net worth percentile table by age.