Households in California tend to have more wealth than those in other states, despite holding more debt, according to the Public Policy Institute of California.

Median net worth in California is $288,000, compared to $180,000 elsewhere. Median assets in California add up to $494,000; median debt—among the 75% of households that have debt—is $103,000.

Both are lower in the rest of the country, with assets at $311,000 and debt at $74,000.

Story Date: July 2, 2025