Female Net Worth chart for Teenagers 16 years old

Chart Insights

For 16-year-old girls in the United States, net worth remains modest, often reflecting an early stage of savings and financial independence. The median net worth for this group is estimated at about $380 USD, with most falling between $140 and $980 USD. Young women at this age might begin building assets from earned income, gifts, or savings but remain in the early stages of financial growth. Although it’s rare, a few may contribute significantly to household income, especially in families where financial roles are shared.​

Milestones and Peer Comparisons

At age 16, more girls are beginning to work part-time, manage spending, and possibly set up their first bank accounts. Income often comes from allowances, gifts, or after-school jobs. Peer comparisons can offer perspective – balances are usually small at this stage, but developing savings habits early can make a lasting impact. Financial resources and independence steadily increase through high school and beyond. Earning a driver's license can bring more opportunities, from work to managing larger expenses.​

Tips & Growth Factors

Starting strong financial habits now is important and will pay off for years to come. Tracking your income and expenses, making regular deposits into savings, and learning the basics of budgeting and investing are key early steps. Support from family, community, or school programs can make a difference, helping you build confidence and knowledge for bigger life decisions ahead. Even small, consistent actions compound over time.​

Data Sources & Methodology

All statistics on this page are derived from reputable sources including the Federal Reserve’s Survey of Consumer Finances, anonymized data from NettleWorth users and our own research.
Net worth percentiles presented on this page are generated using a robust, age-based modeling framework designed to reflect realistic patterns of wealth accumulation throughout the lifespan. The approach applies a double exponential smoothing technique, calibrated to match Federal Reserve Survey of Consumer Finances data using parameters. Our data spans across the "earning" life stages from adolescence to late retirement.
We use a range of separate percentiles (from the 2nd to the 99th) that are calculated for every age and demographic group with demographic adjustments that are built into the model to reflect currently observed population-level trends.
Primary data sources include the Federal Reserve’s Survey of Consumer Finances (2022 release), Distributional Financial Accounts, IRS Personal Wealth Statistics, and leading financial research (see Federal Reserve, IRS, and Vanguard indices). Net worth figures are specified for U.S. residents in USD and follow the original percentile structure used in our calculations.
Further details on our assumptions and our transparent methodology are described in our documentation for those seeking deeper insight into the modeling process and its limitations. Please get in touch if you have questions or believe that an error has been made somewhere.​