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Original poster

To think it’s unlikely £300k is the median household wealth in the UK

115 replies

Justacigarette · 16/11/2025 18:09

saw this on Facebook: apparantly the telegraph are saying that median UK wealth is £300k per household.

From who I know personally, i find this so unlikely. Sure; some people do have wealth over this amount; no doubt about it. But I know many many more people who have a lot less

To think it’s unlikely £300k is the median household wealth in the UK
OP posts:
SchnizelVonKrumm · 16/11/2025 18:17

NoSoupForU · 16/11/2025 18:14

If everyone actually fully owned their homes then I'd say its about right. But until the mortgage is paid you can't count the entire value of the property as your wealth so I'm not convinced.

But it's the median, so you don't need everyone to have paid off the mortgage for the figure to be correct.

SuffolkBargeWoman · 16/11/2025 18:16

Are you clear on what 'median' means @Justacigarette ?
I don't think the ONS are likely to be far out on this?

Digdongdoo · 16/11/2025 18:15

NoSoupForU · 16/11/2025 18:14

If everyone actually fully owned their homes then I'd say its about right. But until the mortgage is paid you can't count the entire value of the property as your wealth so I'm not convinced.

It's the median. The actual ONS data breaks it down by age group too. There's significant variations obviously.

SchnizelVonKrumm · 16/11/2025 18:15

Justacigarette · 16/11/2025 18:09

saw this on Facebook: apparantly the telegraph are saying that median UK wealth is £300k per household.

From who I know personally, i find this so unlikely. Sure; some people do have wealth over this amount; no doubt about it. But I know many many more people who have a lot less

Sure; some people do have wealth over this amount; no doubt about it

Well it's not "some", it's 50% of the population. Just because most of the people you know are (so you think - how do you know how much equity they have in their house and pension wealth?) in the below-median half, that doesn't make the figure incorrect.

NoSoupForU · 16/11/2025 18:14

If everyone actually fully owned their homes then I'd say its about right. But until the mortgage is paid you can't count the entire value of the property as your wealth so I'm not convinced.

MotherofPufflings · 16/11/2025 18:14

It's based on ONS data. What's your criticism of their methodology?

GRex · 16/11/2025 18:14

Median means the midpoint, not that most people have that amount, and not the average. Older people who paid off a mortgage are more likely to have more, younger people who haven't saved much yet will have less.

Tiswa · 16/11/2025 18:13

As the median/midway point of wealth makes perfect sense

Frynye · 16/11/2025 18:13

Including property, cars, pensions it sounds about right. It’s not money you have access to but it’s still “wealth”

Original poster
Justacigarette · 16/11/2025 18:12

I think it includes equity in a property (ie what you have paid off on the property: not what it’s worth)

OP posts:
Digdongdoo · 16/11/2025 18:12

It includes properties and pensions. So yeah, I can believe it. It varies massively by age.

Jigglyhuffpuff · 16/11/2025 18:10

If it includes property then yes considering a wheelie bin probably costs about £300k now

pocketpairs · 16/11/2025 18:10

It's probably accurate, if you include equity in property

ToKittyornottoKitty · 16/11/2025 18:10

It does say less than though, and including property… I don’t think it’s totally unrealistic

caniquitwork · 16/11/2025 18:10

Does it include the value of the house people own?