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Survey of Consumer Finances

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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
76:. Data from the survey are widely used, from analysis at the Federal Reserve and other branches of government to scholarly work at the major economic research centers. 100:(a geographically based random sample) is selected to provide good coverage of characteristics, such as homeownership, that are broadly distributed in the population. 237: 133:
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 December in each survey year by NORC.
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computer formats; second, an extract file of summary variables is provided in
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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
27: 114:(the wealthiest 400 people in the U.S.) are excluded from sampling. 413: 391: 73: 382:
Bucks, Brian K.; Kennickell, Arthur B.; Moore, Kevin B. (2006).
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Household, Income and Labour Dynamics in Australia Survey
164: 324:, Federal Reserve Bulletin Vol. 98, No 2, June 2012 299:Fed Readies Survey of Americans' Consumer Finances 335:"Survey of Consumer Finances (SCF) Current Study" 421: 339:Board of Governors of the Federal Reserve System 60:. Since 1992, data have been collected by the 288:NORC Survey of Consumer Finance Project Page 450:United States Department of the Treasury 422: 253:Survey on Household Income and Wealth 52:It is sponsored by the United States 13: 227:Similar surveys in other countries 98:multistage area-probability sample 14: 466: 366: 195: 181: 167: 62:National Opinion Research Center 375:. The survey's module at the 351: 327: 314: 303: 292: 281: 270: 233:British Household Panel Survey 216:Panel Study of Income Dynamics 79: 1: 373:"Survey of Consumer Finances" 263: 175:Business and economics portal 404:). Retrieved June 15, 2012. 110:magazine as being among the 7: 409:Survey of Consumer Finances 160: 19:Survey of Consumer Finances 10: 471: 221:Survey of Current Business 128: 358:2010 SCF Survey Data Page 397:Federal Reserve Bulletin 58:U.S. Treasury Department 56:in cooperation with the 435:Federal Reserve System 47:financial institutions 455:University of Chicago 66:University of Chicago 54:Federal Reserve Board 243:Socio-Economic Panel 189:United States portal 96:First, a standard 31:statistical survey 445:Household surveys 462: 440:Triennial events 360: 355: 349: 348: 346: 345: 331: 325: 318: 312: 307: 301: 296: 290: 285: 279: 274: 205: 200: 199: 191: 186: 185: 184: 177: 172: 171: 470: 469: 465: 464: 463: 461: 460: 459: 420: 419: 402:Federal Reserve 377:Federal Reserve 369: 364: 363: 356: 352: 343: 341: 333: 332: 328: 319: 315: 308: 304: 297: 293: 286: 282: 275: 271: 266: 203:Politics portal 201: 194: 187: 182: 180: 173: 166: 163: 151:Microsoft Excel 131: 91:random sampling 82: 12: 11: 5: 468: 458: 457: 452: 447: 442: 437: 432: 418: 417: 412:in libraries ( 405: 380: 368: 367:External links 365: 362: 361: 350: 326: 313: 302: 291: 280: 277:SCF Index page 268: 267: 265: 262: 261: 260: 250: 240: 235: 229: 228: 224: 223: 218: 213: 207: 206: 192: 178: 162: 159: 130: 127: 81: 78: 9: 6: 4: 3: 2: 467: 456: 453: 451: 448: 446: 443: 441: 438: 436: 433: 431: 430:Economic data 428: 427: 425: 415: 411: 410: 406: 403: 399: 398: 393: 389: 385: 381: 378: 374: 371: 370: 359: 354: 340: 336: 330: 323: 317: 311: 306: 300: 295: 289: 284: 278: 273: 269: 258: 254: 251: 248: 244: 241: 239: 236: 234: 231: 230: 226: 225: 222: 219: 217: 214: 212: 211:Economic data 209: 208: 204: 198: 193: 190: 179: 176: 170: 165: 158: 156: 152: 148: 144: 140: 136: 126: 123: 120: 119:response rate 115: 113: 109: 108: 101: 99: 94: 92: 86: 77: 75: 71: 68:, located in 67: 63: 59: 55: 50: 48: 44: 40: 36: 35:balance sheet 32: 29: 25: 21: 20: 408: 395: 353: 342:. Retrieved 338: 329: 316: 310:SCF Codebook 305: 294: 283: 272: 132: 124: 116: 105: 102: 95: 87: 83: 51: 23: 18: 17: 15: 80:Methodology 424:Categories 388:PDF format 344:2024-09-14 264:References 112:Forbes 400 28:triennial 416:catalog) 414:WorldCat 400:(of the 161:See also 74:Illinois 247:Germany 157:files. 129:Results 70:Chicago 64:at the 39:pension 33:of the 26:) is a 107:Forbes 43:income 394:)). 257:Italy 147:ASCII 143:Stata 390:(447 145:and 117:The 16:The 155:ZIP 139:SAS 135:DAP 24:SCF 426:: 392:KB 337:. 141:, 93:. 72:, 49:. 41:, 37:, 386:( 379:. 347:. 259:) 255:( 249:) 245:( 137:/ 22:(

Index

triennial
statistical survey
balance sheet
pension
income
financial institutions
Federal Reserve Board
U.S. Treasury Department
National Opinion Research Center
University of Chicago
Chicago
Illinois
random sampling
multistage area-probability sample
Forbes
Forbes 400
response rate
DAP
SAS
Stata
ASCII
Microsoft Excel
ZIP
icon
Business and economics portal
United States portal
icon
Politics portal
Economic data
Panel Study of Income Dynamics

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