Income, Wealth, and Debt
Source and Methodological Information
List of Indicators
Upper Limit of Bottom Family Income Quintile
Upper Limit of Second Family Income Quintile
Upper Limit of Middle Family Income Quintile
Upper Limit of Fourth Family Income Quintile
95th Percentile of Family Income
Asian/White Non-Hispanic Ratio of Median Family Income
Black/White Non-Hispanic Ratio of Median Family Income
Hispanic/White Non-Hispanic Ratio of Median Family Income
Gini Coefficient of Family Income
Ratio of Average Family Income, Middle to Bottom Quintile
Ratio of Average Family Income, Top to Bottom Quintile
Ratio of Average Family Income, Top to Middle Quintile
Ratio of Average Family Income, Top Five Percent to Bottom Quintile
Ratio of Average Family Income, Top Five Percent to Middle Quintile
Household Debt Service Obligations as a Percent of Disposable Personal Income
Household Financial Obligations as a Percent of Disposable Personal Income
Mean Net Worth of the Forbes 400 Richest People in America
Total Number of Bankruptcy Filings
Upper Limit of Bottom Family Income Quintile
Description
The upper limit of the bottom income quintile, in constant dollars. This is the value that separates the bottom 20 percent of the family income distribution from the top 80 percent.
Source
U.S. Census Bureau, Historical Income Tables for Families (Table F-1, "Income Limits for Each Fifth and Top 5 Percent of Families"). The Census Bureau’s estimates are based on data from the Current Population Survey Annual Social and Economic Supplement.
Methodological Notes
The Current Population Survey defines a family as a group of two people or more (one of whom is the householder) related by birth, marriage, or adoption and residing together; all such people (including related subfamily members) are considered as members of one family. Beginning with the 1980 Current Population Survey, unrelated subfamilies (referred to in the past as secondary families) are no longer included in the count of families, nor are the members of unrelated subfamilies included in the count of family members.
In the Annual Social and Economic Supplement, respondents report income from the previous calendar year, but they report family and household composition as of the date of the survey. The measure of family income used by the Census Bureau is the sum of the income obtained by all family members 15 years old and over. Income refers to the amount of money income received from each of the following sources: earnings; unemployment compensation; workers’ compensation; social security; supplemental security income; public assistance; veterans’ payments; survivor benefits; disability benefits; pension or retirement income; interest; dividends; rents, royalties, and estates and trusts; educational assistance; alimony; child support; financial assistance from outside of the household; and other income. Income is adjusted for inflation using the Consumer Price Index for All Urban Consumers Research Series (CPI-U-RS).
In 2002, there were substantial changes in the racial categories used by the Census Bureau. Time series by race that include data from both racial classifications should be interpreted with care. More details on the changes in racial categories.
Additional methodological information is available from the Census Bureau here and here.
Upper Limit of Second Family Income Quintile
Description
The upper limit of the second income quintile, in constant dollars. This is the value that separates the bottom 40 percent of the family income distribution from the top 60 percent.
Source
U.S. Census Bureau, Historical Income Tables for Families (Table F-1, "Income Limits for Each Fifth and Top 5 Percent of Families"). The Census Bureau’s estimates are based on data from the Current Population Survey Annual Social and Economic Supplement.
Methodological Notes
The Current Population Survey defines a family as a group of two people or more (one of whom is the householder) related by birth, marriage, or adoption and residing together; all such people (including related subfamily members) are considered as members of one family. Beginning with the 1980 Current Population Survey, unrelated subfamilies (referred to in the past as secondary families) are no longer included in the count of families, nor are the members of unrelated subfamilies included in the count of family members.
In the Annual Social and Economic Supplement, respondents report income from the previous calendar year, but they report family and household composition as of the date of the survey. The measure of family income used by the Census Bureau is the sum of the income obtained by all family members 15 years old and over. Income refers to the amount of money income received from each of the following sources: earnings; unemployment compensation; workers’ compensation; social security; supplemental security income; public assistance; veterans’ payments; survivor benefits; disability benefits; pension or retirement income; interest; dividends; rents, royalties, and estates and trusts; educational assistance; alimony; child support; financial assistance from outside of the household; and other income. Income is adjusted for inflation using the Consumer Price Index for All Urban Consumers Research Series (CPI-U-RS).
In 2002, there were substantial changes in the racial categories used by the Census Bureau. Time series by race that include data from both classifications should be interpreted with care. More details on the changes in racial categories.
Additional methodological information is available from the Census Bureau here and here.
Upper Limit of Middle Family Income Quintile
Description
The upper limit of the middle income quintile, in constant dollars. This is the value that separates the bottom 60 percent of the family income distribution from the top 40 percent.
Source
U.S. Census Bureau, Historical Income Tables for Families (Table F-1, "Income Limits for Each Fifth and Top 5 Percent of Families"). The Census Bureau’s estimates are based on data from the Current Population Survey Annual Social and Economic Supplement.
Methodological Notes
The Current Population Survey defines a family as a group of two people or more (one of whom is the householder) related by birth, marriage, or adoption and residing together; all such people (including related subfamily members) are considered as members of one family. Beginning with the 1980 Current Population Survey, unrelated subfamilies (referred to in the past as secondary families) are no longer included in the count of families, nor are the members of unrelated subfamilies included in the count of family members.
In the Annual Social and Economic Supplement, respondents report income from the previous calendar year, but they report family and household composition as of the date of the survey. The measure of family income used by the Census Bureau is the sum of the income obtained by all family members 15 years old and over. Income refers to the amount of money income received from each of the following sources: earnings; unemployment compensation; workers’ compensation; social security; supplemental security income; public assistance; veterans’ payments; survivor benefits; disability benefits; pension or retirement income; interest; dividends; rents, royalties, and estates and trusts; educational assistance; alimony; child support; financial assistance from outside of the household; and other income. Income is adjusted for inflation using the Consumer Price Index for All Urban Consumers Research Series (CPI-U-RS).
In 2002, there were substantial changes in the racial categories used by the Census Bureau. Time series by race that include data from both classifications should be interpreted with care. More details on the changes in racial categories.
Additional methodological information is available from the Census Bureau here and here.
Upper Limit of Fourth Family Income Quintile
Description
The upper limit of the fourth income quintile, in constant dollars. This is the value that separates the bottom 80 percent of the family income distribution from the top 20 percent.
Source
U.S. Census Bureau, Historical Income Tables for Families (Table F-1, "Income Limits for Each Fifth and Top 5 Percent of Families"). The Census Bureau’s estimates are based on data from the Current Population Survey Annual Social and Economic Supplement.
Methodological Notes
The Current Population Survey defines a family as a group of two people or more (one of whom is the householder) related by birth, marriage, or adoption and residing together; all such people (including related subfamily members) are considered as members of one family. Beginning with the 1980 Current Population Survey, unrelated subfamilies (referred to in the past as secondary families) are no longer included in the count of families, nor are the members of unrelated subfamilies included in the count of family members.
In the Annual Social and Economic Supplement, respondents report income from the previous calendar year, but they report family and household composition as of the date of the survey. The measure of family income used by the Census Bureau is the sum of the income obtained by all family members 15 years old and over. Income refers to the amount of money income received from each of the following sources: earnings; unemployment compensation; workers’ compensation; social security; supplemental security income; public assistance; veterans’ payments; survivor benefits; disability benefits; pension or retirement income; interest; dividends; rents, royalties, and estates and trusts; educational assistance; alimony; child support; financial assistance from outside of the household; and other income. Income is adjusted for inflation using the Consumer Price Index for All Urban Consumers Research Series (CPI-U-RS).
In 2002, there were substantial changes in the racial categories used by the Census Bureau. Time series by race that include data from both classifications should be interpreted with care. More details on the changes in racial categories.
Additional methodological information is available from the Census Bureau here and here.
95th Percentile of Family Income
Description
Amount of family income, in constant dollars, that separates the top 5 percent of families in the income distribution from the bottom 95 percent.
Source
U.S. Census Bureau, Historical Income Tables for Families (Table F-1, "Income Limits for Each Fifth and Top 5 Percent of Families"). The Census Bureau’s estimates are based on data from the Current Population Survey Annual Social and Economic Supplement.
Methodological Notes
The Current Population Survey defines a family as a group of two people or more (one of whom is the householder) related by birth, marriage, or adoption and residing together; all such people (including related subfamily members) are considered as members of one family. Beginning with the 1980 Current Population Survey, unrelated subfamilies (referred to in the past as secondary families) are no longer included in the count of families, nor are the members of unrelated subfamilies included in the count of family members.
In the Annual Social and Economic Supplement, respondents report income from the previous calendar year, but they report family and household composition as of the date of the survey. The measure of family income used by the Census Bureau is the sum of the income obtained by all family members 15 years old and over. Income refers to the amount of money income received from each of the following sources: earnings; unemployment compensation; workers’ compensation; social security; supplemental security income; public assistance; veterans’ payments; survivor benefits; disability benefits; pension or retirement income; interest; dividends; rents, royalties, and estates and trusts; educational assistance; alimony; child support; financial assistance from outside of the household; and other income. Income is adjusted for inflation using the Consumer Price Index for All Urban Consumers Research Series (CPI-U-RS).
In 2002, there were substantial changes in the racial categories used by the Census Bureau. Time series by race that include data from both classifications should be interpreted with care. More details on the changes in racial categories.
Additional methodological information is available from the Census Bureau here and here.
Median Family Income
Description
Median family income from all sources, in constant dollars.
Source
U.S. Census Bureau, Historical Income Tables for Families. Overall trend and breakdowns by race come from Table F-5, "Race and Hispanic Origin of Householder—Families by Median and Mean Income." Breakdowns by age come from Table F-11, "Age of Householder—Families by Median and Mean Income." Breakdowns by education come from Table F-18, "Educational Attainment of Householder—Families with Householder 25 Years Old and Over by Median and Mean Income." Breakdowns by family type come from Table F-7, "Type of Family (All Races) by Median and Mean Income."
The Census Bureau’s estimates are based on data from the Current Population Survey Annual Social and Economic Supplement.
Methodological Notes
The Current Population Survey defines a family as a group of two people or more (one of whom is the householder) related by birth, marriage, or adoption and residing together; all such people (including related subfamily members) are considered as members of one family. Beginning with the 1980 Current Population Survey, unrelated subfamilies (referred to in the past as secondary families) are no longer included in the count of families, nor are the members of unrelated subfamilies included in the count of family members.
In the Annual Social and Economic Supplement, respondents report income from the previous calendar year, but they report family and household composition as of the date of the survey. The measure of family income used by the Census Bureau is the sum of the income obtained by all family members 15 years old and over. Income refers to the amount of money income received from each of the following sources: earnings; unemployment compensation; workers’ compensation; social security; supplemental security income; public assistance; veterans’ payments; survivor benefits; disability benefits; pension or retirement income; interest; dividends; rents, royalties, and estates and trusts; educational assistance; alimony; child support; financial assistance from outside of the household; and other income. Income is adjusted for inflation using the Consumer Price Index for All Urban Consumers Research Series (CPI-U-RS).
In 2002, there were substantial changes in the racial categories used by the Census Bureau. Time series by race that include data from both classifications should be interpreted with care. More details on the changes in racial categories.
Breakdowns by education only include families where the head of family is 25 years old or over. The category “high school graduates” includes people who received a high school diploma, GED, or equivalent.
Additional methodological information is available from the Census Bureau here and here.
Asian/White Non-Hispanic Ratio of Median Family Income
Description
The median income of families with an Asian head of family divided by the median income of families with a white non-Hispanic head of family.
Source
Ratios are calculated by the Stanford Center on Poverty and Inequality, using the U.S. Census Bureau Historical Income Tables for Families (Table F-5, "Race and Hispanic Origin of Householder—Families by Median and Mean Income"). The Census Bureau’s estimates are based on data from the Current Population Survey Annual Social and Economic Supplement.
Methodological Notes
The Current Population Survey defines a family as a group of two people or more (one of whom is the householder) related by birth, marriage, or adoption and residing together; all such people (including related subfamily members) are considered as members of one family. Beginning with the 1980 Current Population Survey, unrelated subfamilies (referred to in the past as secondary families) are no longer included in the count of families, nor are the members of unrelated subfamilies included in the count of family members.
In the Annual Social and Economic Supplement, respondents report income from the previous calendar year, but they report family and household composition as of the date of the survey. The measure of family income used by the Census Bureau is the sum of the income obtained by all family members 15 years old and over. Income refers to the amount of money income received from each of the following sources: earnings; unemployment compensation; workers’ compensation; social security; supplemental security income; public assistance; veterans’ payments; survivor benefits; disability benefits; pension or retirement income; interest; dividends; rents, royalties, and estates and trusts; educational assistance; alimony; child support; financial assistance from outside of the household; and other income. Income is adjusted for inflation using the Consumer Price Index for All Urban Consumers Research Series (CPI-U-RS).
In 2002, there were substantial changes in the racial categories used by the Census Bureau. Time series by race that include data from both classifications should be interpreted with care. More details on the changes in racial categories.
Additional methodological information is available from the Census Bureau here and here.
Black/White Non-Hispanic Ratio of Median Family Income
Description
The median income of families with a black head of family, divided by the median income of families with a white non-Hispanic head of family.
Source
Ratios are calculated by the Stanford Center on Poverty and Inequality, using the U.S. Census Bureau Historical Income Tables for Families (Table F-5, "Race and Hispanic Origin of Householder—Families by Median and Mean Income"). The Census Bureau’s estimates are based on data from the Current Population Survey Annual Social and Economic Supplement.
Methodological Notes
The Current Population Survey defines a family as a group of two people or more (one of whom is the householder) related by birth, marriage, or adoption and residing together; all such people (including related subfamily members) are considered as members of one family. Beginning with the 1980 Current Population Survey, unrelated subfamilies (referred to in the past as secondary families) are no longer included in the count of families, nor are the members of unrelated subfamilies included in the count of family members.
In the Annual Social and Economic Supplement, respondents report income from the previous calendar year, but they report family and household composition as of the date of the survey. The measure of family income used by the Census Bureau is the sum of the income obtained by all family members 15 years old and over. Income refers to the amount of money income received from each of the following sources: earnings; unemployment compensation; workers’ compensation; social security; supplemental security income; public assistance; veterans’ payments; survivor benefits; disability benefits; pension or retirement income; interest; dividends; rents, royalties, and estates and trusts; educational assistance; alimony; child support; financial assistance from outside of the household; and other income.
In 2002, there were substantial changes in the racial categories used by the Census Bureau. Time series by race that include data from both classifications should be interpreted with care. More details on the changes in racial categories.
Additional methodological information is available from the Census Bureau here and here.
Hispanic/White Non-Hispanic Ratio of Median Family Income
Description
The median income of families with a Hispanic head of family (of any race), divided by the median income of families with a white non-Hispanic head of family.
Source
Ratios are calculated by the Stanford Center on Poverty and Inequality, using the U.S. Census Bureau Historical Income Tables for Families (Table F-5, "Race and Hispanic origin of householder—families by median and mean income").The Census Bureau’s estimates are based on data from the Current Population Survey Annual Social and Economic Supplement.
Methodological Notes
The Current Population Survey defines a family as a group of two people or more (one of whom is the householder) related by birth, marriage, or adoption and residing together; all such people (including related subfamily members) are considered as members of one family. Beginning with the 1980 Current Population Survey, unrelated subfamilies (referred to in the past as secondary families) are no longer included in the count of families, nor are the members of unrelated subfamilies included in the count of family members.
In the Annual Social and Economic Supplement, respondents report income from the previous calendar year, but they report family and household composition as of the date of the survey. The measure of family income used by the Census Bureau is the sum of the income obtained by all family members 15 years old and over. Income refers to the amount of money income received from each of the following sources: earnings; unemployment compensation; workers’ compensation; social security; supplemental security income; public assistance; veterans’ payments; survivor benefits; disability benefits; pension or retirement income; interest; dividends; rents, royalties, and estates and trusts; educational assistance; alimony; child support; financial assistance from outside of the household; and other income.
In 2002, there were substantial changes in the racial categories used by the Census Bureau. Time series by race that include data from both classifications should be interpreted with care. More details on the changes in racial categories.
Additional methodological information is available from the Census Bureau here and here.
Gini Coefficient of Family Income
Description
A measure of family income inequality ranging from 0 to 1. A value of 1 indicates perfect inequality and a value of 0 indicates perfect equality.
Source
U.S. Census Bureau, Historical Income Tables for Families (Table F-4. "Gini Ratios for Families, by Race and Hispanic Origin of Householder"). The Census Bureau’s estimates are based on data from the Current Population Survey Annual Social and Economic Supplement.
Methodological Notes
The Current Population Survey defines a family as a group of two people or more (one of whom is the householder) related by birth, marriage, or adoption and residing together; all such people (including related subfamily members) are considered as members of one family. Beginning with the 1980 Current Population Survey, unrelated subfamilies (referred to in the past as secondary families) are no longer included in the count of families, nor are the members of unrelated subfamilies included in the count of family members.
In the Annual Social and Economic Supplement, respondents report income from the previous calendar year, but they report family and household composition as of the date of the survey. The measure of family income used by the Census Bureau is the sum of the income obtained by all family members 15 years old and over. Income refers to the amount of money income received from each of the following sources: earnings; unemployment compensation; workers’ compensation; social security; supplemental security income; public assistance; veterans’ payments; survivor benefits; disability benefits; pension or retirement income; interest; dividends; rents, royalties, and estates and trusts; educational assistance; alimony; child support; financial assistance from outside of the household; and other income.
In 2002, there were substantial changes in the racial categories used by the Census Bureau. Time series by race that include data from both classifications should be interpreted with care. More details on the changes in racial categories.
Additional methodological information is available from the Census Bureau here, here, and here.
Ratio of Average Family Income, Middle Quintile to Bottom Quintile
Description
Average income of families in the middle quintile of the family income distribution, divided by the average income of families in the bottom quintile.
Source
Ratios are calculated by the Stanford Center on Poverty and Inequality, using the U.S. Census Bureau Historical Income Tables for Families (Table F-3, "Mean Income Received by Each Fifth and Top 5 Percent of Families"). The Census Bureau’s estimates are based on data from the Current Population Survey Annual Social and Economic Supplement.
Methodological Notes
The Current Population Survey defines a family as a group of two people or more (one of whom is the householder) related by birth, marriage, or adoption and residing together; all such people (including related subfamily members) are considered as members of one family. Beginning with the 1980 Current Population Survey, unrelated subfamilies (referred to in the past as secondary families) are no longer included in the count of families, nor are the members of unrelated subfamilies included in the count of family members.
In the Annual Social and Economic Supplement, respondents report income from the previous calendar year, but they report family and household composition as of the date of the survey. The measure of family income used by the Census Bureau is the sum of the income obtained by all family members 15 years old and over. Income refers to the amount of money income received from each of the following sources: earnings; unemployment compensation; workers’ compensation; social security; supplemental security income; public assistance; veterans’ payments; survivor benefits; disability benefits; pension or retirement income; interest; dividends; rents, royalties, and estates and trusts; educational assistance; alimony; child support; financial assistance from outside of the household; and other income.
Additional methodological information is available from the Census Bureau here and here.
Ratio of Average Family Income, Top Quintile to Bottom Quintile
Description
Average income of families in the top quintile of the family income distribution, divided by the average income of families in the bottom quintile.
Source
Ratios are calculated by the Stanford Center on Poverty and Inequality, using the U.S. Census Bureau Historical Income Tables for Families (Table F-3, "Mean Income Received by Each Fifth and Top 5 Percent of Families"). The Census Bureau’s estimates are based on data from the Current Population Survey Annual Social and Economic Supplement.
Methodological Notes
The Current Population Survey defines a family as a group of two people or more (one of whom is the householder) related by birth, marriage, or adoption and residing together; all such people (including related subfamily members) are considered as members of one family. Beginning with the 1980 Current Population Survey, unrelated subfamilies (referred to in the past as secondary families) are no longer included in the count of families, nor are the members of unrelated subfamilies included in the count of family members.
In the Annual Social and Economic Supplement, respondents report income from the previous calendar year, but they report family and household composition as of the date of the survey. The measure of family income used by the Census Bureau is the sum of the income obtained by all family members 15 years old and over. Income refers to the amount of money income received from each of the following sources: earnings; unemployment compensation; workers’ compensation; social security; supplemental security income; public assistance; veterans’ payments; survivor benefits; disability benefits; pension or retirement income; interest; dividends; rents, royalties, and estates and trusts; educational assistance; alimony; child support; financial assistance from outside of the household; and other income.
Additional methodological information is available from the Census Bureau here and here.
Ratio of Average Family Income, Top Quintile to Middle Quintile
Description
Average income of families in the top quintile of the family income distribution, divided by the average income of families in the middle quintile.
Source
Ratios are calculated by the Stanford Center on Poverty and Inequality, using the U.S. Census Bureau Historical Income Tables for Families (Table F-3, "Mean Income Received by Each Fifth and Top 5 Percent of Families"). The Census Bureau’s estimates are based on data from the Current Population Survey Annual Social and Economic Supplement.
Methodological Notes
The Current Population Survey defines a family as a group of two people or more (one of whom is the householder) related by birth, marriage, or adoption and residing together; all such people (including related subfamily members) are considered as members of one family. Beginning with the 1980 Current Population Survey, unrelated subfamilies (referred to in the past as secondary families) are no longer included in the count of families, nor are the members of unrelated subfamilies included in the count of family members.
In the Annual Social and Economic Supplement, respondents report income from the previous calendar year, but they report family and household composition as of the date of the survey. The measure of family income used by the Census Bureau is the sum of the income obtained by all family members 15 years old and over. Income refers to the amount of money income received from each of the following sources: earnings; unemployment compensation; workers’ compensation; social security; supplemental security income; public assistance; veterans’ payments; survivor benefits; disability benefits; pension or retirement income; interest; dividends; rents, royalties, and estates and trusts; educational assistance; alimony; child support; financial assistance from outside of the household; and other income.
Additional methodological information is available from the Census Bureau here and here.
Ratio of Average Family Income, Top Five Percent to Bottom Quintile
Description
Average income of families in the top five percent of the family income distribution, divided by the average income of families in the bottom quintile.
Source
Ratios are calculated by the Stanford Center on Poverty and Inequality, using the U.S. Census Bureau Historical Income Tables for Families (Table F-3, "Mean Income Received by Each Fifth and Top 5 Percent of Families"). The Census Bureau’s estimates are based on data from the Current Population Survey Annual Social and Economic Supplement.
Methodological Notes
The Current Population Survey defines a family as a group of two people or more (one of whom is the householder) related by birth, marriage, or adoption and residing together; all such people (including related subfamily members) are considered as members of one family. Beginning with the 1980 Current Population Survey, unrelated subfamilies (referred to in the past as secondary families) are no longer included in the count of families, nor are the members of unrelated subfamilies included in the count of family members.
In the Annual Social and Economic Supplement, respondents report income from the previous calendar year, but they report family and household composition as of the date of the survey. The measure of family income used by the Census Bureau is the sum of the income obtained by all family members 15 years old and over. Income refers to the amount of money income received from each of the following sources: earnings; unemployment compensation; workers’ compensation; social security; supplemental security income; public assistance; veterans’ payments; survivor benefits; disability benefits; pension or retirement income; interest; dividends; rents, royalties, and estates and trusts; educational assistance; alimony; child support; financial assistance from outside of the household; and other income.
Additional methodological information is available from the Census Bureau here and here.
Ratio of Average Family Income, Top Five Percent to Middle Quintile
Description
Average income of families in the top five percent of the family income distribution, divided by the average income of families in the middle quintile.
Source
Ratios are calculated by the Stanford Center on Poverty and Inequality, using the U.S. Census Bureau Historical Income Tables for Families (Table F-3, "Mean Income Received by Each Fifth and Top 5 Percent of Families"). The Census Bureau’s estimates are based on data from the Current Population Survey Annual Social and Economic Supplement.
Methodological Notes
The Current Population Survey defines a family as a group of two people or more (one of whom is the householder) related by birth, marriage, or adoption and residing together; all such people (including related subfamily members) are considered as members of one family. Beginning with the 1980 Current Population Survey, unrelated subfamilies (referred to in the past as secondary families) are no longer included in the count of families, nor are the members of unrelated subfamilies included in the count of family members.
In the Annual Social and Economic Supplement, respondents report income from the previous calendar year, but they report family and household composition as of the date of the survey. The measure of family income used by the Census Bureau is the sum of the income obtained by all family members 15 years old and over. Income refers to the amount of money income received from each of the following sources: earnings; unemployment compensation; workers’ compensation; social security; supplemental security income; public assistance; veterans’ payments; survivor benefits; disability benefits; pension or retirement income; interest; dividends; rents, royalties, and estates and trusts; educational assistance; alimony; child support; financial assistance from outside of the household; and other income.
Additional methodological information is available from the Census Bureau here and here.
Household Debt Service Obligations as a Percent of Disposable Personal Income
Description
Household debt service obligations as a percent of disposable personal income.
Source
The Federal Reserve Board, Economic Research and Data.
Methodological Notes
Household debt service obligations consist of estimated required payments on outstanding mortgage and consumer debt. Disposable personal income is total household income net of taxes. Annual estimates are an average of quarterly estimates.
Household Financial Obligations as a Percent of Disposable Personal Income
Description
Household financial obligations as a percent of disposable personal income.
Source
The Federal Reserve Board, Economic Research and Data.
Methodological Notes
Household financial obligations consist of estimated required payments on outstanding mortgage and consumer debt, automobile lease payments, rental payments on tenant-occupied property, homeowners’ insurance, and property tax payments. Disposable personal income is total household income after taxes. Annual estimates are an average of quarterly estimates.
Mean Net Worth of the Forbes 400 Richest People in America
Description
Mean net worth in constant dollars of the 400 richest people in America, as reported by Forbes magazine.
Source
Forbes 400 Richest People in America.
Methodological Notes
Detailed methodological notes are available at the Forbes website.
Data are adjusted for inflation by the Stanford Center on Poverty and Inequality using the Consumer Price Index for All Urban Consumers Research Series (CPI-U-RS).
Total Number of Bankruptcy Filings
Description
Total number of business and non-business bankruptcy cases commenced in the 12-month period ending June 30.
Source
United States Courts Bankruptcy Statistics.