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The Worthometer has been Updated to Include 2013 PSID Data!

Breaking news: this site’s popular Worthometer has been updated to replace older data from the 2011 Panel Study of Income Dynamics (2011 PSID) with the newer results from the 2013 survey.

As you may know, the Worthometer is the web’s only net worth percentile gauge that incorporates, reconciles, interpolates, and averages all three major surveys of household wealth: (1) the US Census Bureau’s 2011 Survey of Income and Program Participation (SIPP), which includes up to 52,000 households; (2) the Federal Reserve Board’s 2013 Survey of Consumer Finances, which involves 6,026 households; and (3) the University of Michigan’s 2013 PSID, which surveys 9,063 families.

How much did the 2013 PSID update change the Worthometer’s readings? The answer is not much so long as your accumulated wealth doesn’t fall below the twentieth percentile. Here’s a chart which reports the impact of the Worthometer’s latest update in five percentile increments.

Worthometer Net Worth Net Worth Dollar  Percentage
Percentile with 2013 PSID before Update Difference Difference
5 -$27,416 -$38,800 -$11,384 41.52%
10 -$13,734 -$9,353 $4,381 -31.90%
15 -$4,410 -$2,652 $1,758 39.87%
20 $520 $1,116 $596 -114.64%
25 $5,131 $4,565 -$566 -11.04%
30 $13,086 $12,010 -$1,076 -8.22%
35 $22,272 $20,687 -$1,585 -7.11%
40 $35,399 $33,305 -$2,094 -5.91%
45 $51,691 $49,089 -$2,602 -5.03%
50 $68,788 $65,676 -$3,112 -4.52%
55 $102,800 $99,217 -$3,583 -3.49%
60 $139,861 $134,644 -$5,217 -3.73%
65 $181,295 $174,788 -$6,507 -3.59%
70 $231,617 $224,639 -$6,978 -3.01%
75 $285,950 $276,265 -$9,685 -3.39%
80 $408,274 $395,844 -$12,430 -3.04%
85 $571,138 $560,182 -$10,956 -1.92%
90 $794,672 $780,973 -$13,699 -1.72%
95 $1,618,317 $1,509,400 -$108,917 -6.73%

If you want to explore the Worthometer in greater detail, you can do so by clicking here.

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I’ll keep updating the Worthometer as new versions of the SIPP, PSID, and SCF are released. In the meantime, keep saving!

Photo Credit: Hollerith Census Machine by Marcin Wichary. To see original at Flickr, click here.

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