Average millennials' net worth is $8,000, study finds

June 02, 2019

Millennials have a much lower net worth than previous generations, according to a new study. The average net worth of Americans between the ages of 18 to 35 is less than $8,000 -- about 34 percent lower than in 1996, a Deloitte study published Wednesday found. Despite clichés that millennials are “ruining everything from movies to marriage,” the study found millennials are actually under more economic pressure because of numerous increased costs over the last decade.