Federal Reserve Releases 2025 Survey of Consumer Finances Results

The Federal Reserve Board released the 2025 Survey of Consumer Finances, providing detailed insights into American families' economic conditions. Between 2022 and 2025, real median family income rose 7% to $82,200, while real mean family income fell 6% to $145,200. Real median net worth increased by 2% to $215,900, and real mean net worth rose by 7% to $1.24 million. Homeownership remained at 66%, and the fraction of families with any debt was stable at 77%, though the fraction of families with debt payment-to-income ratios over 40% increased from 6.5% to 8.6%.