Tag Archives: household report

Federal Reserve’s 2015 Economic Household Well Being Report



  • Sixty-nine percent of adults report that they are either “living comfortably” or “doing okay,” compared to 65 percent in 2014 and 62 percent in 2013. However, 31 percent, or approximately 76 million adults, are either “struggling to get by” or are “just getting by.”
  • Thirty-two percent of adults report that their income varies to some degree from month to month, and 43 percent report that their monthly expenses vary to some degree. Forty-two percent of those with volatile incomes or expenses say that they have struggled to pay their bills at times because of this volatility.
  • Forty-six percent of adults say they either could not cover an emergency expense costing $400, or would cover it by selling something or borrowing money (47 percent in 2014).
  • Twenty-one percent of those who borrowed to attend a for-profit institution are behind on their loan payments. Among those who borrowed to attend a public or not-for-profit institution, 7 percent and 5 percent are behind on their payments, respectively.
  • Thirty-one percent of non-retired respondents report that they have no retirement savings or pen- 2 Economic Well-Being of U.S. Households, 2015 sion at all, including 27 percent of non-retired respondents age 60 or older.