Federal Reserve Board Releases Results of the 2025 Survey of Consumer Finances, Offering Detailed Insights Into the Economic Condition of American Families
WASHINGTON—The Federal Reserve Board on Friday officially released the comprehensive results of the 2025 Survey of Consumer Finances, providing the public, economists, and policymakers with deep, granular insights into the evolving economic condition of American families.
The extensive data collected through the survey offers a representative, multifaceted picture of what Americans own, how much and in what ways they borrow, and how they manage their banking and financial needs. Undertaken every three years since 1989, the current version of the survey maintains a vital and continuous time series of thorough information detailing the shifting economic realities faced by households across the United States.
Alongside the release of the raw survey data, the Board issued its official summary report, titled Changes in U.S. Family Finances from 2022 to 2025. This accompanying document closely examines critical shifts in household income, net worth, accumulated assets, outstanding debt obligations, and broader financial vulnerability over the three-year period between survey cycles.
The Survey of Consumer Finances serves as an indispensable tool for understanding the financial health of the nation. By capturing a wide spectrum of economic indicators, the dataset allows researchers and public officials to track long-term trends in wealth accumulation, debt burdens, and asset ownership among diverse segments of the population.
In addition to the summary report, the Federal Reserve Board has made an interactive chartbook available to the public, displaying long-term changes in these key financial characteristics over time. Furthermore, additional microdata and extensive documentation examining various other economic conditions of American families have been made accessible to researchers and interested citizens through the Fed’s official research portals.
The complex and rigorous logistics required to execute the survey are managed on behalf of the Board by NORC, an independent social science research organization located at the University of Chicago. Participants in the nationwide study are chosen through a randomized selection process from 119 distinct geographic areas. These areas encompass a wide variety of settings, ranging from dense major metropolitan centers to remote rural counties across the United States, utilizing advanced scientific sampling procedures specifically designed to produce a sample that is fully representative of American families.
For members of the media seeking further information, interviews, or clarifications regarding the 2025 Survey of Consumer Finances, inquiries can be directed to the Federal Reserve Board via email at [email protected] or by telephone at (202) 452-2955.
