SCF Combined Extract Data

The sum of financial assets and nonfinancial assets.

Asset percentile groups
1 = 0-20 
2 = 20-39.9
3 = 40-59.9
4 = 60-79.9
5 = 80-89.9
6 = 90-100

Consists of liquid assets, certificates of deposit, directly held 
pooled investment funds, stocks, bonds, quasi-liquid assets, savings 
bonds, whole life insurance, other managed assets, and other financial 
assets. See the definition of each asset for further details.

This definition of ownership of checking, savings, 
money market or call accounts includes accounts with 
a zero balance.

Money market accounts are not included in the value of checking accounts.

Does not include money market accounts.

Only available for 2016 and later surveys.

Excludes money market mutual funds, but includes stock mutual funds, 
tax free bond mutual funds, government bond mutual funds, and combination 
and other mutual funds, such as hedge funds.

Includes nontaxable bonds, mortgage bonds, government bonds, and 'other' bonds, 
such as coporate or foreign bonds.

Includes trusts, annuities and managed investment accounts in which 
the household has equity interest.

Includes IRAs, Keoghs, thrift-type accounts, and future 
and current account-type pensions.

Includes the total value of the following: IRAs, Keoghs, 
and thrift-type plans invested in stocks or stock mutual 
funds.

Reference person or spouse has any type of pension from a 
current or past job.

Includes: loans from the household to someone else, future proceed from 
lawsuits, royalties, futures, non-public stock, deferred compensation, oil, 
gas, and mineral investments., cash n.e.c.

Includes value of all vehicles, value of primary residence, value 
of other residential real estate, net equity in nonresidential real 
estate, value of business interests, and other financial assets. See 
definitions of these terms for further details.

Includes all types of vehicles (cars, trucks, SUVs, motorcycles, 
boats, airplanes, etc.).

Value of primary residence. Excludes the part of a farm 
or ranch used in a farming or ranching business.

Includes land contracts/notes owed to the household and properties other 
than the principal residence, including 1-4 family residences, time shares, 
and vacations homes.

Includes real estate other than the principal residence, properties coded 
as 1-4 family residences, time shares, and vacation homes net of mortgages 
and other loans taken out for investment real estate.

(X3103=1 | X3401=1);
Includes businesses with a zero value. Not available for 1998

Businesses include both actively and nonacitvely-managed business(es).

Value of active business(es) calculated as net equity if business(es) were 
sold today, plus loans from the household to the business(es), minus loans 
from the business(es) to the household not previously reported, plus value 
of personal assets used as collateral for business(es) loans that were 
reported earlier.

Value of nonactive business(es) is calculated as the market value of the 
business(es).

Value of active business(es) calculated as net equity if 
business(es) were sold today, plus loans from the household 
to the business(es), minus loans from the business(es) to 
the household not previously reported, plus value of personal 
assets used as collateral for business(es) loans that were 
reported earlier.

Value of nonactive business(es) is calculated as the market value 
of the business(es).

Includes gold, silver (incl. silverware), other metals or metals NA type, 
jewelry, gem stones (incl. antique), cars (antique or classic), antiques, 
furniture, art objects, paintings, sculpture, textile art, ceramic art, 
photographs, (rare) books, coin collections, stamp collections, guns, misc. 
real estate (exc. cemetery), cemetery plots, china, figurines, crystal/glassware,
musical instruments, livestock, horses, crops, oriental rugs, furs, other 
collections, incl. baseball cards, records, wine, oil/gas/mineral leases or 
investments, computer, equipment/tools, association or exchange membership, 
and other miscellaneous assets.

Assumes combination mutual funds' holdings are split 50-50 between 
equity and non-equity.

Includes:
    1. directly-held stock 
    2. stock mutual funds: full value if described as stock mutual fund,
       1/2 value of combination mutual funds
    3. IRAs/Keoghs invested in stock: 
       full value if mostly invested in stock, 
       1/2 value if split between stocks/bonds or stocks/money market,
       1/3 value if split between stocks/bonds/money market
    4. other managed assets w/equity interest (annuities, trusts, MIAs):
       full value if mostly invested in stock,
       1/2 value if split between stocks/MFs & bonds/CDs, or
      "mixed/diversified,"
       1/3 value if "other"
    5. thrift-type retirement accounts invested in stock
       full value if mostly invested in stock
       1/2 value if split between stocks and interest earning assets;
NOTE:  The allocation rules for mixed investments in 3), 4), and 5) do not 
apply to 2004 since new questions in 2004 directly ask the share of stock in 
those assets.

Difference between value of primary residence and the total 
amount of debt secured by the primary residence (all mortgages 
and HELOCs).

Value of leased cars, trucks, vans, SUV, etc.

Not available for 1989, 1992, 1995, 1998, and 2001.

Money market accounts used for checking and other money market account held at 
commercial banks, savings and loans, savings banks, and credit unions

Includes money market accounts used for checking and other money market account 
held at institutions other than commercial banks, savings and loans, savings banks, 
and credit unions

Not available for 1989, 1992, 1995, 1998, and 2001.

Not available for 1989, 1992, and 1995.

Not available for 1989, 1992, 1995, and 1998.

Not available for 1989, and 1992.