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likely containing the wealthiest families, the response rate was only about 10 percent. To retain the scientific validity of the study, interviewers are not allowed to substitute respondents for families that do not participate. Thus, if a family declines to participate, it means that families like theirs may not be represented clearly in national discussions.
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in the area-probability sample is more than double that in the list sample. In both 2001 and 2004, about 70 percent of households selected for the area-probability sample actually completed interviews. The overall response rate in the list sample was about 30 percent; in the part of the list sample
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Second, a supplemental sample is selected to disproportionately include wealthy families, which hold a relatively large share of such thinly held assets as noncorporate businesses and tax-exempt bonds. Called the "list sample", this group is drawn from a list of statistical records derived from tax
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Participation in the study is strictly voluntary. However, because only about 4,500 to 6,500 families are interviewed in the main study, every family selected is very important to the results. In the 2004 survey, the median interview length was about eighty minutes. However, in some particularly
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complicated cases, the amount of time needed was substantially more than two hours. The majority of interviews were obtained in person, although interviewers were allowed to conduct telephone interviews if that was more convenient for the respondent.
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Wealth in the U.S. is relatively concentrated, with more than a third of the total being held by one percent of the population. In order to address issues relevant to the full distribution of wealth, the survey combines two techniques for
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returns. These records are used under strict rules governing confidentiality, the rights of potential respondents to refuse participation in the survey, and the types of information that can be made available. Individuals listed by
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100:(a geographically based random sample) is selected to provide good coverage of characteristics, such as homeownership, that are broadly distributed in the population.
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The latest available results are those of the 2022 survey. Two general types of data set are provided – first, the full public data set is given in
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and other demographic characteristics of families in the United States; the survey also gathers information on the use of
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The survey interviews are conducted largely between the months of May and
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384:"Recent Changes in U.S. Family Finances: Evidence from the 2001 and 2004 Survey of Consumer Finances"
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spreadsheet format. All of these files are provided in compressed form as
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Bricker, Jesse, Arthur B. Kennickell, Kevin B. Moore, John
Sabelhaus
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114:(the wealthiest 400 people in the U.S.) are excluded from sampling.
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Bucks, Brian K.; Kennickell, Arthur B.; Moore, Kevin B. (2006).
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Household, Income and Labour
Dynamics in Australia Survey
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335:"Survey of Consumer Finances (SCF) Current Study"
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60:. Since 1992, data have been collected by the
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216:Panel Study of Income Dynamics
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110:magazine as being among the
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19:Survey of Consumer Finances
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221:Survey of Current Business
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358:2010 SCF Survey Data Page
397:Federal Reserve Bulletin
58:U.S. Treasury Department
56:in cooperation with the
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47:financial institutions
455:University of Chicago
66:University of Chicago
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264:References
112:Forbes 400
28:triennial
416:catalog)
414:WorldCat
400:(of the
161:See also
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129:Results
70:Chicago
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