Finance

I need to find out what the average american family of 5 has in savings...any suggestions on where to find that info?

  1. 👍 0
  2. 👎 0
  3. 👁 85
asked by Max
  1. This is a question that could easily be answered by the Federal Reserve's Survey of Consumer Finance. (The survey is a publically available micro-data file) Unfortunately, I do not know if your particular desired statistic has been tabulated and published by the Fed/SCF. I did not find anything in my five minutes of google searching. I suggest you get on the Federal Reserve's web site and start searching from there.

    Lottsa luck.

    1. 👍 0
    2. 👎 0

Respond to this Question

First Name

Your Response

Similar Questions

  1. pseudocode

    Assume that your family has 10 members. Assume further that each family member has a certain amount of savings. Your task is to determine: (a) the total amount of savings that the family has, as a whole and (b) to determine who

    asked by Anonymous on March 3, 2012
  2. statistics

    Which hypothesis-testing procedure would you use in the following situations? • The mean time an American family lives in a particular single-family dwelling is 11.8 years. A sample of 100 families in the Sycamore, OK area shows

    asked by help on May 29, 2012
  3. Science

    b) Two families Mäkinen* and Nieminen* travel by cars a distance of 185 km. In the middle of the travel both have a break of 20 min. During driving family Nieminen has an average speed of 90 km/h. Family Mäkinen drives the first

    asked by karem on December 21, 2016
  4. Topic of college essay

    There is a question that comes from a undergraduate application: At the UM, we value a diverse community. How have your life experiences and background shaped you into an individual who will enrich the UM community? I am an

    asked by Jenni on November 22, 2006
  5. math

    A family wins $25,000 in the lottery. Of this money, half goes toward a new car, one-tenth goes into savings, and the rest is put into investments. How much did the family invest?

    asked by toya on September 30, 2009
  6. Math

    Two families met at a par for a picnic at the end of the day, they part ways. Family A leaves 15 minutes after Family B and travels east at an average of 42 mph; while family B travels west at an average of 50mph. Both families

    asked by Anonymous on September 12, 2017
  7. Maths

    A trader needs $ 300,000to improve her business, she deposits $ 110000 in her savings account at 5% per annum compound interest. She then adds $ 50,000 to her savings at the end of each year. (a) Find her total savings after 3

    asked by Ande2 on June 24, 2019
  8. algebra 2

    Two families met at a par for a picnic at the end of the day, they part ways. Family A leaves 15 minutes after Family B and travels east at an average of 42 mph; while family B travels west at an average of 50mph. Both families

    asked by KAYLA_ PLEASE IGNORE FIRST TIME I ASKED THIS on September 12, 2017
  9. Sociology

    Analyze the functions of the family by addressing the ideal family structure as it compares to real family structures. In essence, compare the ideal and real culture of the American family.

    asked by Ryan on December 12, 2017
  10. math

    hi, one question i have is for the following problem:"Two families meet at a park for a picnic. At the end of the day, they part ways. Family A leaves 15 mins after family B and travels east at an average speed of 42mph; while,

    asked by George on September 10, 2017

More Similar Questions