Financial Accounts of the United States (Z.1) · Households and nonprofit organizations, end of quarter
What do US households own and owe?
The quarter ended : of the 10 lines, the change over a year was largest for Corporate equities, up 31.5%, and smallest for Consumer credit, up 2.5%.
Household assets and liabilities, totals, each quarter
- Net worth195.8792.27 to 195.87
- Total assets217.75106.73 to 217.75
- Total liabilities21.8814.45 to 21.88
Household assets and liabilities, assets, each quarter
- Real estate54.0726.80 to 54.07
- Financial assets153.4974.25 to 153.49
- Corporate equities52.1213.73 to 52.12
- Pension entitlements35.7323.92 to 35.73
- Money market fund shares5.331.43 to 5.33
Household assets and liabilities, liabilities, each quarter
- Home mortgages13.989.48 to 13.98
- Consumer credit5.123.48 to 5.12
Each row is one line of the page over the last ten years, one quarter to a point, on a scale shared by the rows of the tab, with its newest value and its range printed beside it and a dashed line at zero. A gap is a quarter with no value. Pointing at the chart shows the quarter and the value.
Observed .
Right now
Over a year to the second quarter of 2026, of the 10 lines on this page the change was largest for Corporate equities, up 31.5%, and smallest for Consumer credit, up 2.5%.
Of these lines, 10 rose, 0 fell and 0 did not change over the year (ours, from the published values).
By lineOver a year, ours
Household assets and liabilities, change over a year, by line
- Totals
- Assets
- Liabilities
Each bar is the change in one line over a year, the largest first, with its rank at the left and its newest value under the figure. A line with its own page links it from its name. A change below zero runs to the left of the zero line. The colour says which section of the page a line is in.
Observed .
Household assets and liabilities, change over a year in each quarter
| Line | ||||||||
|---|---|---|---|---|---|---|---|---|
| Net worth | +10.9 | +8.4 | +4.7 | +6.9 | +7.5 | +8.0 | +8.5 | +11.8 |
| Total assets | +9.9 | +7.7 | +4.5 | +6.4 | +7.0 | +7.5 | +8.0 | +10.9 |
| Total liabilities | +2.7 | +2.5 | +2.7 | +3.0 | +3.1 | +3.5 | +3.6 | +3.9 |
| Real estate | +3.6 | +4.3 | +3.2 | +1.8 | +2.2 | +2.1 | +2.9 | +2.9 |
| Financial assets | +13.2 | +9.4 | +5.1 | +8.4 | +9.0 | +9.7 | +10.0 | +14.2 |
| Corporate equities | +31.2 | +21.8 | +11.2 | +17.5 | +18.6 | +19.8 | +20.5 | +31.5 |
| Pension entitlements | +10.0 | +6.4 | +2.7 | +5.0 | +5.2 | +5.9 | +5.7 | +7.0 |
| Money market fund shares | +14.5 | +17.1 | +16.6 | +15.7 | +14.3 | +13.1 | +12.2 | +12.4 |
| Home mortgages | +2.7 | +2.8 | +2.9 | +3.0 | +3.0 | +2.9 | +2.8 | +3.0 |
| Consumer credit | +2.0 | −0.8 | +0.1 | +0.3 | +0.2 | +3.1 | +2.2 | +2.5 |
Each chip is one quarter's change from the same quarter a year earlier. The mark in its middle is zero: a fill to the right of it is a rise and a fill to the left a fall. A longer, brighter fill is a larger change, in five steps up to 16.6 and over. Every chip prints its figure and sign.
Observed .
Understanding household balance sheet
Where it stands today
The largest change over a year was Corporate equities, up 31.5%, in the second quarter of 2026.
What do the lines of this page measure?
The Federal Reserve Board's Financial Accounts of the United States (Z.1) set out, for households and nonprofit organizations together, what they own and what they owe at the end of each quarter. This page shows the totals (net worth, total assets and total liabilities), the main kinds of asset and the two largest debts.
Read more
Real estate and corporate equities are at market value. Pension entitlements are the claims households have on pension funds and on employers' plans. Home mortgages are the one-to-four-family mortgages that households owe; consumer credit is credit cards, car loans, student loans and the like.
What 500metrics adds: the change over a year of every line, ranked across the page; the last ten years of every line as rows of small charts; and a table of the change over a year in each of the last eight quarters. Net worth has a page of its own with the history since 1945.
The numbers behind the chart
What is the latest value of each line?10 lines, in the sections of the page
| Line | Section | Quarter | Value | Change over a year | Rank |
|---|---|---|---|---|---|
| Net worth | Totals | $195.87 trillion | +11.8% | 4 | |
| Total assets | Totals | $217.75 trillion | +10.9% | 5 | |
| Total liabilities | Totals | $21.88 trillion | +3.9% | 7 | |
| Real estate | Assets | $54.07 trillion | +2.9% | 9 | |
| Financial assets | Assets | $153.49 trillion | +14.2% | 2 | |
| Corporate equities | Assets | $52.12 trillion | +31.5% | 1 | |
| Pension entitlements | Assets | $35.73 trillion | +7.0% | 6 | |
| Money market fund shares | Assets | $5.33 trillion | +12.4% | 3 | |
| Home mortgages | Liabilities | $13.98 trillion | +3.0% | 8 | |
| Consumer credit | Liabilities | $5.12 trillion | +2.5% | 10 |
The table scrolls sideways; the first column stays in place.
What do these figures leave out, and how are they cited?Limits, dates and how to cite
What this number cannot tell you
- The lines are the Board's estimates. Several are measured at market value, so they move with prices, and the Board revises past quarters in later releases.
- Some lines are parts of others: real estate, financial assets, corporate equities and pension entitlements are parts of total assets, and the two debts are parts of total liabilities. Corporate equities here are the shares households hold directly; the shares they hold through mutual funds are in financial assets, and through pension funds in pension entitlements.
- Nonprofit organizations are in every line; the Board's quarterly tables do not show households alone.
- The changes and the ranks are ours, worked out from the values the Board publishes; a change is in percent.
Observed . Checked .
How to cite this
Federal Reserve Board, Financial Accounts of the United States (Z.1), Households and nonprofit organizations, end of quarter, through the second quarter of 2026. Compiled by 500metrics, "What do US households own and owe?", https://500metrics.com/household-balance-sheet.
Can the data be downloaded?household-balance-sheet.csv
Download the last ten years of every line as CSV: 410 rows, to , 19,292 bytes.
Our text and compilation: CC BY 4.0.
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