Fed releases 2025 family finance survey

The Board also issued a summary report titled Changes in U.S. Family Finances from 2022 to 2025, which examines income, net worth, assets, debt and financial vulnerability.

Real median family income rose 7 percent to $82,200, while real mean family income fell 6 percent to $145,200.

Real median net worth increased 2 percent to $215,900 and real mean net worth grew 7 percent to $1.24 million.

The homeownership rate was 66 percent in 2025, unchanged from 2022, and median net housing value for owners rose to $230,000 from $218,900.

Retirement plan participation was around 65 percent in 2025.

Stock market participation slipped to 56 percent, and conditional median stock holdings grew 36 percent to $77,400.

The fraction of families with any debt stayed about 77 percent, with median and mean debt unchanged.

Families with debt‑to‑income ratios over 40 percent increased to 8.6 percent, a level last seen in 2013.