Income Before Taxes: Unemployment and Workers' Compensation, Veterans' Benefits, and Regular Contributions by Housing Tenure: Homeowner without Mortgage
CXUOTHREGINLB1704M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
480.00
Year-over-Year Change
-9.60%
Date Range
1/1/2013 - 1/1/2023
Summary
This economic trend measures income before taxes for homeowners without a mortgage, including unemployment and workers' compensation, veterans' benefits, and regular contributions. It provides insights into the financial well-being of a key demographic.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'Income Before Taxes: Unemployment and Workers' Compensation, Veterans' Benefits, and Regular Contributions by Housing Tenure: Homeowner without Mortgage' series tracks the average income from these sources for homeowners without an active mortgage. This data is used to analyze the financial circumstances of this population segment.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
This trend is relevant for understanding the economic status of homeowners without mortgages and can inform policy decisions affecting this group.
Key Facts
- Homeowners without a mortgage account for over 40% of U.S. households.
- This income source represents roughly 3% of total household income on average.
- Incomes in this group are less volatile than the general population.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average income before taxes for homeowners without a mortgage, including unemployment and workers' compensation, veterans' benefits, and regular contributions.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the financial well-being of a significant segment of the population and can inform policy decisions affecting homeowners without mortgages.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Current Population Survey.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding the economic status of homeowners without mortgages and can inform policy decisions affecting this group.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and limitations of the Current Population Survey.
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Citation
U.S. Federal Reserve, Income Before Taxes: Unemployment and Workers' Compensation, Veterans' Benefits, and Regular Contributions by Housing Tenure: Homeowner without Mortgage (CXUOTHREGINLB1704M), retrieved from FRED.