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Six Hundred AtlanticAuthor: Federal Reserve Bank of Boston
Six Hundred Atlantic tells the stories of the people of the Federal Reserve Bank of Boston and their work to shape the historic region they serve. The podcast explores the trends, challenges, and insights uncovered by the Boston Feds economists, researchers, and analysts, and it reports on how the Bank is working to strengthen the New England and national economies and make sure economic opportunity is open to all. Language: en Genres: Education, Government Contact email: Get it Feed URL: Get it iTunes ID: Get it Trailer: |
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Family wealth in Massachusetts
Wednesday, 12 August, 2026
Researchers know a lot about household income because the topic is well-studied and has huge implications for financial health. But what about wealth, a family's assets minus their liabilities? Much less is known about wealth, even though it's also critically important. A new Federal Reserve Bank of Boston survey of more than 5,000 families – called Mass ECHOS –gives a detailed look at household wealth in Massachusetts. A report on the survey examines median family net wealth in a variety of demographic breakdowns, including age, race, geography, and education. It also measures which families have sufficient wealth to handle routine but difficult expenses, such as a car repair or a move. We discuss the report with the Boston Fed’s Prabal Chakrabarti and Beth Mattingly, two of the people most responsible for making Mass ECHOS happen. The paper on the survey, titled “Family wealth in Massachusetts,” was co-authored by Mattingly, Sara Chaganti, Michael Evangelist, Marija Bingulac, and Gracie L. Griffin. Read an article about Mass ECHOS and its results: Headline of article and link. For more interviews and analysis of the economy in New England and nationwide, visit BostonFed.org/SixHundredAtlantic.aspx. Subscribe to our email list to stay updated on new episodes.
