The Federal Reserve Board released the results of the 2025 Survey of Consumer Finances, its triennial snapshot of what American families own, how much they borrow and how they bank.

Real median family income rose 7 percent between the 2022 and 2025 surveys to reach $82,200. Real mean family income fell 6 percent over the same period to $145,200. Families at the lower ends of the income and net worth distributions saw modest increases in median and mean income, while families at the upper ends saw declines.

Real median net worth rose 2 percent between 2022 and 2025 to $215,900. Real mean net worth rose 7 percent to $1.24 million. The Board reported that most families across both the net worth and income distributions experienced increases in median and mean wealth.

The homeownership rate stood at 66 percent in 2025, roughly unchanged from 2022.

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

The survey has been conducted every three years since 1989 and is intended to give the public and policymakers a representative picture of household economic conditions in the United States. The Board released the results on October 9, 2026 at 10:00 a.m. EDT. The agency said the survey data provides an extensive time series on the economic conditions of American families.