Data source Pew Research Center’s analysis in this report is based on data from the U.S. Census Bureau’s 2020, 2021 and 2022 Surveys of Income and Program Participation (SIPP). These are the three latest years in which SIPP was conducted. It is a nationally representative survey that focuses on the income of U.S. households and […]
Most households own a combination of physical and financial assets. Physical assets include items such as a home, a car or jewelry. Financial assets include checking and savings accounts, retirement accounts, and stocks, among others. Our focus in this chapter is on the importance of the various assets to household portfolios and the debt households […]
The increase in the wealth of U.S. households from 2019 to 2021 was spread widely across racial and ethnic groups. Despite improved fortunes, Black, Hispanic and multiracial households trailed White and Asian households by large margins from the following perspectives, both before and after the pandemic: How wealth varies by race and ethnicity Asian households […]