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Assets
Ownership %: Federal Reserve SCF, 2022
Liabilities
Holding %: Federal Reserve SCF 2022 & agency estimates
Net Worth
Overview By Percentile By Age
Cash Flow
Income Spending Taxes Debt Service Savings
Households
Overview By Age By Generation
Total Personal Income
$26.5T Q4 2025
Source: FRED PI · Bureau of Economic Analysis · Quarterly SAAR, 2000–2025
Income Sources
$13.2T wages Q4 2025
Source: FRED · BEA NIPA Table 2.1 · Quarterly SAAR, 2000–2025

Income by Source

Estimated annual household income by asset class. Values in billions, seasonally adjusted annual rates where available.

SOURCE EST. ANNUAL INCOME AS OF SOURCE
Private Business Income $2.1T Q4 2025 FRED A041RC1
Stocks & Equities Income $1.2T Q4 2025 FRED A067RC1
Retirement Account Distributions $1.1T Q4 2025 ICI / IRS SOI
Total Gross Rental Income $776.7B 2025 FRED DTENRC1A027NBEA
Bonds & Fixed Income Interest $720B Q4 2025 FRED PIROA
RSU & Equity Compensation Income $420B Q4 2025 BEA / SEC Filings
Cash & Deposits Interest Income $360B Q4 2025 FRED PIROA
Commercial Real Estate Income $100B Q4 2025 Nareit / BEA
529 Plan Distributions $64B Q4 2025 ICI / College Savings Plans Network
Life Insurance Cash Value Earnings $40B Q4 2025 ACLI / Federal Reserve
Mineral Rights Royalty Income $32B Q4 2025 IRS SOI
HSA Investment Earnings $6.5B Q4 2025 Devenir HSA Research
Private Business Income
Proprietors’ income with inventory valuation and capital consumption adjustments, income from sole proprietorships, partnerships, and S-corporations.
$2.1T Q4 2025
Source: FRED A041RC1 · Bureau of Economic Analysis
Private Business Income per Household
Average annual proprietors' income per U.S. household, calculated by dividing total private business income by the number of households.
Source: FRED TTLHH · U.S. Census Bureau
Stocks & Equities Income
Personal dividend income received by U.S. households from equity holdings, including mutual fund distributions.
$1.2T Q4 2025
Source: FRED A067RC1 · Bureau of Economic Analysis
Stocks & Equities Income per Household
Average annual dividend income per U.S. household from equity holdings and mutual fund distributions.
Source: FRED TTLHH · U.S. Census Bureau
Retirement Account Distributions
Total distributions from 401(k), 403(b), Traditional & Roth IRAs, and other defined-contribution plans received by U.S. households.
$1.1T Q4 2025
Source: ICI / IRS SOI · Bureau of Economic Analysis
Retirement Distributions per Household
Average annual retirement account distributions per U.S. household, from 401(k), 403(b), and IRA withdrawals.
Source: FRED TTLHH · U.S. Census Bureau
Total Annual Gross Rental Income
Total rent paid by tenants for nonfarm housing, the gross cash rental income collected by U.S. landlords before expenses.
$776.7B 2025
Source: FRED DTENRC1A027NBEA · Bureau of Economic Analysis · Annual, 2000–2025
Gross Rental Income per Household
Average annual gross tenant-paid rent per U.S. household.
Source: FRED TTLHH · U.S. Census Bureau
Bonds & Fixed Income Interest
Personal interest income from Treasury securities, corporate bonds, municipal bonds, and other fixed-income holdings.
$720B Q4 2025
Source: FRED PIROA · Bureau of Economic Analysis
Bond Interest Income per Household
Average annual bond and fixed income interest per U.S. household from Treasury, corporate, and municipal bond holdings.
Source: FRED TTLHH · U.S. Census Bureau
RSU & Equity Compensation Income
Stock-based compensation income received by employees, including restricted stock units (RSUs), stock options, and ESPP distributions.
$420B Q4 2025
Source: BEA / SEC Filings · Bureau of Economic Analysis
RSU & Equity Comp Income per Household
Average annual stock-based compensation income per U.S. household, including RSUs, stock options, and ESPP distributions.
Source: FRED TTLHH · U.S. Census Bureau
Cash & Deposits Interest Income
Interest income earned by U.S. households on bank deposits, certificates of deposit, and money market funds.
$360B Q4 2025
Source: FRED PIROA · Bureau of Economic Analysis
Cash & Deposits Interest per Household
Average annual interest income per U.S. household from bank deposits, CDs, and money market funds.
Source: FRED TTLHH · U.S. Census Bureau
Commercial Real Estate Income
Household income from commercial real estate, including REIT dividends and direct commercial rental income.
$100B Q4 2025
Source: Nareit / BEA · Bureau of Economic Analysis
Commercial RE Income per Household
Average annual commercial real estate income per U.S. household, including REIT dividends and direct rental income.
Source: FRED TTLHH · U.S. Census Bureau
529 Plan Distributions
Total withdrawals from 529 education savings plans used for qualified education expenses by U.S. households.
$64B Q4 2025
Source: ICI / College Savings Plans Network · Bureau of Economic Analysis
529 Plan Distributions per Household
Average annual 529 plan distributions per U.S. household for qualified education expenses.
Source: FRED TTLHH · U.S. Census Bureau
Life Insurance Cash Value Earnings
Dividends and credited interest earned on whole life, universal life, and variable life insurance cash values.
$40B Q4 2025
Source: ACLI / Federal Reserve · Bureau of Economic Analysis
Life Insurance Earnings per Household
Average annual life insurance cash value earnings per U.S. household from whole life, universal life, and variable life policies.
Source: FRED TTLHH · U.S. Census Bureau
Mineral Rights Royalty Income
Royalty income from oil, gas, and mineral rights reported by individuals on IRS Schedule E. Highly sensitive to energy prices.
$32B Q4 2025
Source: IRS SOI · Bureau of Economic Analysis
Mineral Royalty Income per Household
Average annual mineral rights royalty income per U.S. household from oil, gas, and mineral rights.
Source: FRED TTLHH · U.S. Census Bureau
HSA Investment Earnings
Investment earnings and interest income inside Health Savings Accounts held by U.S. households. HSAs started in 2004.
$6.5B Q4 2025
Source: Devenir HSA Research · Bureau of Economic Analysis
HSA Earnings per Household
Average annual HSA investment earnings per U.S. household from interest and investment returns inside Health Savings Accounts.
Source: FRED TTLHH · U.S. Census Bureau

Aggregate Household Income Statement

Q4 2025 seasonally adjusted annual rates from BEA NIPA data. Quarterly SAAR values expressed as annualized trillions.

Item Amount % of Income Source
TOTAL GROSS REVENUE (Personal Income) $26.5 Trillion 100.0% FRED PI
  Wage & Salary Disbursements $13.2T 49.8% FRED A576RC1
  Transfer Receipts (Social Security, etc.) $5.1T 19.1% FRED PCTR
  Asset Income (Dividends & Interest) $4.2T 16.0% FRED PIROA
  Proprietors’ Income $2.1T 8.0% FRED A041RC1
  Rental Income $1.1T 4.2% FRED A048RC1
  Other (Supplements, Adjustments) $0.8T 2.9% BEA Table 2.1
TOTAL OUTLAYS ($25.6T) 96.5% BEA Table 2.1
  Personal Consumption (Goods & Services) ($21.4T) 80.6% FRED PCE
  Personal Current Taxes ($3.3T) 12.5% FRED W055RC1
  Other Outlays (Interest, Transfers) ($0.9T) 3.4% BEA Table 2.1
NET INCOME (Personal Saving) $0.9 Trillion 3.5% FRED PMSAVE