Jesse Bricker|Lisa Dettling|Alice M. Henriques|Joanne W. Hsu|Lindsay Jacobs|Kevin B. Moore|Sarah J. Pack|John Sabelhaus|Jeffrey P. Thompson|Richard Windle
Changes in U.S. Family Finances from 2013 to 2016: Evidence from the Survey of Consumer Finances
Federal Reserve Board of Governors|Federal Reserve|Federal Reserve|Federal Reserve Board of Governors|Federal Reserve|Federal Reserve Board of Governors|Federal Reserve|Federal Reserve Board of Governors|Federal Reserve|Federal Reserve Board of Governors|Federal Reserve|Federal Reserve Board of Governors|Federal Reserve|Federal Reserve Board of Governors|Federal Reserve|Federal Reserve Board of Governors|Federal Reserve|Federal Reserve Board of Governors|Federal Reserve|Federal Reserve Board of Governors
evidence survey consumer finances federal reserve boardampx27s survey consumer finances 2016 provides insights evolution family income net worth since previous time survey conducted 2013 survey shows 201316 period median value real inflationadjusted family income taxes rose 10 percent mean income increased 14 percent real median net worth increased 16 percent mean net worth increased 26 percent data also indicate gains income net worth broad based occurring across many different types families whether grouped economic characteristics income wealth demographic characteristics age education race ethnicity however data also indicate inequality continued grow 2013 2016 large gains income net worth accruing highestearning wealthiest families article reviews changes financial condition us families including developments assets liabilities debt payments credit market experiences