TAE Survey of Reader Finances vs. Fed Survey

 

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    Viscount St. Albans
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    The recently published tri-annual Federal Reserve Survey of Consumer Finances from 2010 contains an absolute goldmine of financial data about the financial well-being of Americans.

    Data about income, and net-worth, and assets, and financial assets, and tangible assets, and debt are analyzed in aggregate (whole population median) vs. income brackets, vs. ethnicity vs. age vs. net-worth brackets.

    Anything you want to survey about the financial health of American households (all ~ 115 million of them) is there:

    https://federalreserve.gov/pubs/bulletin/2012/PDF/scf12.pdf

    This survey is the source of the recently discussed statistic that the net-worth of median American household fell roughly 40% from 2007-2010 largely due to the dramatic decline in the value of houses (the most valuable asset of the median American household).

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