What does the typical Kansas resident have saved for retirement? See new analysis
The median net worth for Kansas households is more than $144,000, according to a recent report. But how does the state compare to the rest of the nation, and how much do typical residents have saved for retirement?
The Feb. 23 report, “Average Net Worth and Assets by State – 2026 Study,” by financial company SmartAsset found Kansas has the 31st-highest median household net worth out of 43 states for which U.S. Census Bureau data was available.
SmartAsset reported Kansas had a median household net worth of $144,200, with a median retirement savings of $56,000. The report also found the median deposit account balance was $5,585, median home equity was $130,000 and median equity in vehicles was $8,580.
More than 30% of Kansas households have a net worth of $500,000 or more, according to the analysis, and 61.6% had a net worth of $100,000 or more.
“Liquid assets can provide better odds for approval for home loans or other lines of credit, cushioning for unpredictable life events, and the potential to make your money work for you through investments,” SmartAsset’s report reads. “But households in different locations often manage different savings rates, depending on factors such as the local job market, economy, cost of living, and taxes.”
Hawaii was named the No. 1 state with the highest median household net worth at $692,700, while Arkansas landed in the bottom.
Kansas had a similar performance in another analysis, from U.S. News & World Report on median household income. That report analysis found Kansas 36th in the nation for household income at $74,275, per Census Bureau data.
Although the state didn’t rank highly for median net worth or median household income, there was another area the Sunflower State outperformed in, U.S. News found. Kansas ranked fifth in the nation for “opportunity,” standing out for affordability.
Additionally, Wichita was named among the most affordable cities in the nation in 2025 by finance website GoBankingRates.
Which states have the highest net worths?
Here’s how the top 20 states in the U.S. compared for median household net worth, according to SmartAsset:
1. Hawaii: $692,700 median household net worth
2. Washington: $456,500
3. New Hampshire: $412,600
4. Massachusetts: $394,900
5. Colorado: $370,000
6. Maryland: $330,500
7. Idaho: $313,400
8. New Jersey: $312,400
9. Maine: $303,700
10. Nebraska: $285,800
11. Utah: $282,800
12. California: $273,800
13. Minnesota: $271,300
14. Montana: $258,100
15. Florida: $255,100
16. Connecticut: $253,100
17. Oregon: $248,900
18. Virginia: $219,100
19. Illinois: $209,500
20. Pennsylvania: $207,700
Arkansas had the lowest median household net worth in SmartAsset’s analysis at $62,500. The other states with relatively low median net worths included New Mexico, Oklahoma, Kentucky and Louisiana.
