Board of Governors of the Federal Reserve System

Figure 1. At least doing okay financially (by education and race/ethnicity)

Box 1 Figure A. Income-related word pairs among those "doing okay" or "living comfortably"

Figure A shows the 12 most-common words paired with "income" among SHED respondents who say they are either "doing okay" or "living comfortably" and are asked to describe why they chose that assessment of economic well-being. The 12 words are as follows: one, two, household, fixed, exceeds, steady, monthly, retirement, sufficient, enough, disposable, and adequate.

Box 1 Figure B. Income-related word pairs among those "just getting by" or "struggling to get by"

Figure B shows the 12 most-common words paired with "income" among SHED respondents who say they are either "just getting by" or "struggling to get by" and are asked to describe why they chose that assessment of economic well-being. The 12 words are as follows: fixed, limited, steady, no, one, low, not enough, barely, monthly, disability, and security.

Figure 2. Family income distribution

Figure 3. Forms of financial support received from someone outside of the home

Figure 4. Willingness to take financial risks (by income volatility)

Figure 5. Want to work more than currently (by education and race/ethnicity)

Figure 6. Reasons for not working among ages 25–54

Figure 7. Received a raise (by education and race/ethnicity)

Figure 8. Employees "just getting by" or "finding it difficult to get by" (by work schedule)

Figure 9. Main reason for gig work

Box 2 Figure A. Gig work and some difficulty handling an unexpected expense (by reasons for doing gig work)

Box 2 Figure B. Gig work and use of alternative financial services (by reasons for doing gig work)

Figure 10. Would cover a $400 emergency expense using cash or its equivalent (by survey year)

Figure 11. Other ways individuals would cover a $400 emergency expense

Figure 12. Not able to fully pay current month's bills (by education and race/ethnicity)

Figure 13. Forms of skipped medical treatment due to cost

Figure 14. Banking status

Figure 15. Frequency of carrying a balance on one or more credit cards in the past 12 months

Box 3 Figure A. Had problem accessing funds in past 12 months (by family income and income volatility)

Figure 16. Difficulty getting landlord to fix problems with rental unit (by race/ethnicity)

Figure 17. Satisfied with local neighborhood and housing characteristics

Figure 18. Satisfied with local neighborhood and housing characteristics (by neighborhood income)

Figure 19. Satisfied with local neighborhood and housing characteristics (by race/ethnicity)

Figure 20. Neighborhood amenities that are moderately or very important (by urban/rural residence)

Box 4 Figure A. Satisfaction with housing and economic well-being among low-relative income adults (by type of city)

Box 4 Figure B. Homeownership and satisfaction with cost of housing among low-relative income adults (by type of city)

Figure 21. At least doing okay financially (by education)

Figure 22. Self-assessed value of higher education (by degree and institution type)

Figure 23. Benefits of education outweigh costs (by field of study)

Figure 24. Lifetime financial benefits of bachelor's degree exceed the costs (by age)

Figure 25. Changes would make now to earlier education decisions (by institution type)

Figure 26. Educational attainment of young adults ages 22–29 (by parents' education)

Figure 27. Institutions attended by young adults ages 22-29 (by parents' education)

Figure 28. Institutions attended by young adults ages 22–29 (by race/ethnicity)

Figure 29. Acquired debt for own education, including repaid (by age and highest degree completed)

Figure 30. Payment status of loans for own education (by parents' education and current age)

Figure 31. Payment status of loans for own education (by current age and race/ethnicity)

Figure 32. Forms of retirement savings among non-retirees

Figure 33. Lack of retirement savings and self-assessed preparedness (by age)

Figure 34. Lack of retirement savings and self-assessed preparedness (by race/ethnicity)

Figure 35. Mostly or very comfortable investing self-directed retirement savings (by gender and education)

Figure 36. Reasons for early retirement (by race/ethnicity)