Report on the Economic Well-Being of U.S. Households
Survey of Household Economics and Decisionmaking
Adults doing at least okay financially
Percent
Year | Percent |
---|---|
2013 | 62 |
2014 | 65 |
2015 | 69 |
2016 | 70 |
2017 | 74 |
2018 | 75 |
2019 | 75 |
2020 | 75 |
2021 | 78 |
2022 | 73 |
2023 | 72 |
Note: Among all adults.
Adults doing at least okay financially, by education
Percent
Characteristic | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|---|---|---|---|
Less than a high school degree | 47 | 42 | 48 | 46 | 56 | 49 | 54 | 45 | 49 | 49 | 48 |
High school degree or GED | 55 | 60 | 64 | 64 | 69 | 69 | 66 | 67 | 70 | 63 | 63 |
Some college / technical or associate degree | 62 | 62 | 66 | 68 | 69 | 72 | 73 | 72 | 74 | 70 | 67 |
Bachelor's degree or more | 77 | 77 | 80 | 82 | 85 | 87 | 88 | 89 | 91 | 88 | 87 |
Note: Among all adults.
At least doing okay financially, by race/ethnicity
Percent
Characteristic | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|---|---|---|---|
Asian | 75 | 79 | 75 | 79 | 78 | 81 | 85 | 84 | 88 | 84 | 82 |
Black | 53 | 55 | 61 | 64 | 65 | 66 | 65 | 64 | 68 | 64 | 68 |
Hispanic | 56 | 55 | 63 | 64 | 66 | 67 | 66 | 64 | 71 | 64 | 61 |
White | 65 | 68 | 71 | 72 | 77 | 78 | 79 | 80 | 81 | 77 | 76 |
Note: Among all adults.
At least doing okay financially, by age
Percent
Characteristic | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|---|---|---|---|
18-29 | 62 | 61 | 64 | 66 | 71 | 72 | 68 | 71 | 74 | 69 | 66 |
30-44 | 55 | 61 | 68 | 69 | 70 | 72 | 72 | 69 | 75 | 70 | 66 |
45-59 | 59 | 62 | 69 | 67 | 73 | 74 | 75 | 74 | 77 | 71 | 72 |
60+ | 73 | 73 | 72 | 76 | 80 | 80 | 84 | 83 | 84 | 81 | 82 |
Note: Among all adults.
At least doing okay financially, by metro/non-metro status
Percent
Characteristic | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|---|---|---|---|
Non-Metro | 59 | 62 | 68 | 67 | 71 | 71 | 72 | 69 | 72 | 67 | 68 |
Metro | 63 | 65 | 69 | 70 | 74 | 75 | 76 | 76 | 79 | 74 | 73 |
Note: Among all adults.
At least doing okay financially, by parental status
Percent
Characteristic | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|---|---|
Parents living with own children under age 18 | 65 | 68 | 71 | 72 | 71 | 67 | 75 | 69 | 64 |
All other adults | 70 | 71 | 75 | 76 | 77 | 78 | 79 | 75 | 75 |
Note: Among all adults.
Last Update: May 21, 2024