TABLE 2-a.
U.S. Surveys: Balance Sheets - Assets, various dates
| PSID | CES | SCF | HRS | SIPP | |
|---|---|---|---|---|---|
| Assets | 422,616 | 226,314 | 632,246 | 556,295 | 351,702 |
| Median | 151,000 | 170,600 | 240,000 | 67,113 | |
| Financial assets | 163,376 | 65,537 | 262,168 | 205,461 | 160,651 |
| (% of assets) | (39) | (29) | (41) | (37) | (46) |
| CURRENT ASSETS. | 95,883 | 65,115 | 140,176 | 125,898 | 102,642 |
| Cash | 29,850 | 30,849 | 30,354 | 34,733 | 12,434 |
| Currency | 12 | ||||
| Government-backed currency | 12 | ||||
| Private virtual currency | |||||
| Bank accounts | 29,850 | 30,849 | 30,342 | 34,733 | 536 |
| Checking accounts | 17,239 | 12,660 | 536 | ||
| Savings accounts | 13,610 | 17,682 | |||
| Other deposit accounts | 0 | 11,898 | |||
| Other current assets | 66,033 | 34,266 | 109,822 | 91,165 | 90,208 |
| Certificates of deposit | 4,994 | 9,354 | |||
| Bonds | 408 | 8,227 | 14,860 | 3,376 | |
| Mutual funds/hedge funds | 40,964 | 18,830 | |||
| Publicly traded equity | 56,335 | 33,858 | 48,874 | 66,951 | |
| Life insurance | 9,698 | 6,763 | 68,002 | ||
| LONG-TERM INVESTMENTS. | 67,493 | 422 | 121,992 | 79,563 | 58,009 |
| Retirement accounts | 67,493 | 97,007 | 79,563 | 54,759 | |
| Annuities | 5,490 | ||||
| Trusts/managed investment accounts | 13,773 | ||||
| Loans to people outside the HH | 422 | 5,722 | 361 | ||
| Other important assets | 2,889 | ||||
| Tangible (physical) assets | 259,240 | 160,777 | 362,445 | 336,951 | 191,051 |
| (% of assets) | (61) | (71) | (57) | (61) | (54) |
| Business | 51,404 | 108,760 | 55,006 | 25,921 | |
| Housing assets | 188,992 | 160,777 | 234,187 | 264,500 | 154,795 |
| Primary residence | 149,211 | 149,760 | 170,159 | 190,818 | 147,855 |
| Other real estate | 39,781 | 11,017 | 64,028 | 73,682 | 6,940 |
| Vehicles | 18,844 | 19,498 | 17,445 | 10,335 | |
| Unknown assets | 7,633 | 13,883 | |||
| (% of assets) | (1) | (2) |
SOURCES: Panel Study of Income Dynamics (PSID) 2013, Consumer Expenditure Survey (CE) 2012, Survey of Consumer Finances (SCF) 2013, Health and Retirement Survey (HRS) 2012, and Survey of Income and Program Participation (SIPP) 2011. See Section 2 for more details.
NOTES: Table entries are average dollar values for the survey’s unit of observation, approximately a household. Assets and liabilites are stocks dated as of the time of the survey, generally the end of the year. Sampling weights provided by each survey were used in calculating the average values in accordance with the survey’s data documentation. A more detailed data appendix and the Stata programs used to construct the tables are available at https://www.bostonfed.org/about-the-boston-fed/business-areas/consumer-payments-research-center.aspx.