Table 3.
Wealth and socioeconomic characteristics: Tufts Equity Survey, 2020 (n = 1267) vs. Current Population Survey, 2020
| Factor | Equity Survey Totals n (weighted percentage) | 2020 CPS March Supplement |
|---|---|---|
| Income | ||
| < $10,000 | 35 (3.6%) | 3.5% |
| $10,000 to $14,999 | 31 (2.9%) | 2.5% |
| $15,000 to $24,999 | 68 (7.1%) | 5.8% |
| $25,000 to $34,999 | 88 (8.2%) | 6.9% |
| $35,000 to $49,999 | 123 (10.0%) | 10.4% |
| $50,000 to $74,999 | 211 (17.2%) | 16.3% |
| $75,000 to $99,999 | 163 (13.7%) | 13.3% |
| $100,000 to $149,999 | 264 (17.7%) | 18.2% |
| $150,000 to $199,999 | 165 (11.7%) | 10.3% |
| ≥ $200,000 | 119 (7.9%) | 12.8% |
| Employment Status | ||
| Working | 804 (65.2%) | 60.2% |
| Laid off/looking for work | 47 (5.6%) | 3.2% |
| Retired/disabled | 356 (22.7%) | 24.4% |
| Not working (other) | 60 (6.5%) | 12.2% |
| Education | ||
| Less than high school | 96 (10.6%) | 9.8% |
| High school | 375 (28.3%) | 27.8% |
| Some college | 332 (27.8%) | 27.6% |
| Bachelor’s degree or higher | 464 (33.3%) | 34.8% |
| Home Ownership | ||
| Owned or being bought by participant or someone in their household | 969 (70.9%) | 70.1% |
| Rented for cash/occupied without payment of cash rent | 298 (29.2%) | 29.9% |
Notes. Source: Authors’ analysis of Tufts Equity Survey, 2020. Sample sizes are unweighted. Percentages have sample weights applied to be representative of U.S. population
CPS Current Population Survey, 2020 (U.S. Census Bureau)