Federal Reserve Board releases results of the 2025 Survey of Consumer Finances, which provides the public and policymakers with detailed insights into the economic condition of American families

The data provide a representative picture of what Americans own, how and how much they borrow, and how they bank. The current version of the survey has been undertaken every three years since 1989 and provides the public with an extensive time series of thorough information on the economic conditions of American families. Alongside the survey data, the Board issued its summary report entitled Changes in U.S. Family Finances from 2022 to 2025 (PDF), which examines changes in income, net worth, assets, debt, and financial vulnerability.

In addition to the summary report, an interactive chartbook displaying changes in these financial characteristics over time is available here. Additional data from the survey, including extensive data examining other economic conditions of American families, is made available to researchers and the public here.

The survey is conducted for the Board by NORC, a social science research organization at the University of Chicago. Participants in the study are chosen at random from 119 geographic areas, including metropolitan areas and rural counties across the United States, using scientific sampling procedures that aim to produce a sample representative of American families.

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Changes in U.S. Family Finances from 2022 to 2025 Evidence from the Survey of Consumer Finances (PDF)