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CNBC Wealth In America Survey


Please note: all results are shown as percentages unless otherwise stated.






Part I:


1a.To begin with, for statistical purposes only, would you please tell me how old you are?

18-24 8 [137-138]
25-29 7
30-34 13
35-39 9
40-44 7
45-49 10
50-54 11
55-59 9
60-64 7
65-69 6
70-74 5
75 and over 7
Refused 1


1b. And to ensure that we have a representative sample, would you please tell me whether you are from a Hispanic or Spanish-speaking background?

Yes, Hispanic 10 [139]
No, not Hispanic 89
Not sure/refused 1


1c. And again, for statistical purposes only, what is your race--white, black, Asian, or something else?

White 74 [140]
Black 10
Asian 2
Other 4
Hispanic (VOL) 9
Not sure/refused 1

2. Please rate how things are going in your life right now on a scale from one to ten. On this scale, a ten means that you are extremely happy and content with the way things are going in your life right now, and a one means that you are extremely disappointed and not content with the way things are going in your life right now. You may use any number from one to ten, depending on how you feel.

10, extremely happy 20 [141-142]
9 16
8 25
7 16
6 5
5 9
4 2
3 2
2 1
1, extremely disappointed 3
Cannot rate 1


3. Considering your expectations for what you thought your standard of living would be at this point in your life, would you say that your current standard of living has exceeded your expectations, met your expectations, or fallen short of your expectations?

Exceeded expectations 22 [143]
Met expectations 49
Fallen short of expectations 28
Not sure 1


4. Are you currently employed, What type of work do you do?

(If not currently employes are you a student, a homemaker, retired, or unemployed and looking for work?)

Currently Employed
Professional/ manager 21 [144]
White-collar worker 20
Blue-collar worker 17 CONTINUE
Farmer, rancher 1
Not Currently Employed
Student 3
Homemaker 7
Retired 24 Skip To Q.7a
Unemployed, looking for work 6
Other -
Not sure 1


5. Over the next twelve months, do you expect that your wages will increase, decrease, or stay about the same? [152]


5a. If you had to give your best estimate, by what percentage do you expect your wages to increase over the next twelve months? Please use only whole numbers, without any decimals. [153-155]

5b. If you had to give your best estimate, by what percentage do you expect your wages to decrease over the next twelve months? Please use only whole numbers, without any decimals. [156-158]


5c. If you had to give your best estimate, by what percentage do you expect your wages to increase over the next twelve months? Please use only whole numbers, without any decimals. [153-155]

Decrease 4
Stay the same 41
Increase—1% to 3% 15
Increase—4% to 10% 21
Increase—11% or more 16
Increase—not sure how much 3
Mean 7.3
Median 2


6. Would you say that your job makes full use of your abilities, that it makes use of many, but not all, of your abilities, that it makes use of just some of your abilities, or that it makes use of very few of your abilities?

Makes full use of abilities 31 [159]
Makes use of many, but not all, abilities 38
Makes use of just some abilities 23
Makes use of very few abilities 7
Does not make use of any abilities (VOL) -
Not sure 1

7. Over the next twelve months, do you expect that the cost of living--that is, what you pay for things such as food, housing, clothing, and utilities--will increase, decrease, or stay about the same?


7a. If you had to give your best estimate, what percentage do you think the total increase in the price of every day goods and services in the next twelve months will be? Please use only whole numbers, without any decimals. [161-163]


7b. If you had to give your best estimate, what percentage do you think the total decrease in the price of every day goods and services in the next twelve months will be? Please use only whole numbers, without any decimals. [164-166]

Decrease 1
Stay the same 17
Increase—1% to 3% 19
Increase—4% to 5% 22
Increase—6% to 10% 15
Increase—11% or more 18
Increase—not sure how much 8
Mean 8.8
Median 4


8. Do you expect the value of your home to increase, decrease, or stay about the same over the next twelve months? If you do not own your home, please just say so.

8a. If you had to give your best estimate, by what percentage do you expect the value of your home to increase over the next twelve months? Please use only whole numbers, without any decimals. [168-170]

8b. If you had to give your best estimate, by what percentage do you expect the value of your home to decrease over the next twelve months? Please use only whole numbers, without any decimals. [171-173]

Do Not Own Home 16
Own Home
Decrease 7
Stay the same 37
Increase—1% to 4% 10
Increase—5% to 9% 11
Increase—10% or more 16
Increase—not sure how much 3
Mean 4.0
Median 0

9a. Do you have money invested in the stock market and mutual funds, including IRAs and 401-Ks? (IF "YES," ASK:) Would you say that the value of these investments are

Less than $10,000 10 [174-175]
At least $10,000 but less than $50,000 16
At least $50,000 but less than $100,000 9
At least $100,000 but less than $200,000 6 CONTINUE
At least $200,000 but less than $300,000 3
At least $300,000 but less than $500,000 2
At least $500,000 but less than $1,000,000 2
$1,000,000 or more 2
No, no money invested in the stock market 39
Not sure/refused 11 Skip to Q.10


9b. Do you expect the value of your stock portfolio to increase, decrease, or stay about the same over the next twelve months? (IF "INCREASE" OR "DECREASE," ASK:) And do you expect to (increase/decrease) a lot or just somewhat?

Increase--a lot 9 [176]
Increase--just somewhat 51
Decrease--just somewhat 5
Decrease--a lot 1
Stay about the same 30
Not sure 4


10. Which one of these things would be most harmful to your family's financial situation if it were to happen? If none of these things would be harmful to your family's financial situation, please just say so.


Gas prices increasing to more than three dollars per gallon 22 [177]
The U.S. economy entering into a recession 21
The Social Security system going bankrupt 19
A major increase in federal income taxes 15
A major drop in the stock market 8
Housing prices falling substantially 3
None of these would be harmful to family's financial situation 8
Not sure 4


11. On a different topic, do you think that most CEOs of large publicly held corporations are greatly overpaid, that some CEOs are greatly overpaid but most are paid fairly for the work they do, or that most CEOs are paid fairly for the work they do?

Most CEOs are greatly overpaid 67 [178]
Some CEOs are greatly overpaid, but most are paid fairly for the work they do 17
Most CEOs are paid fairly for the work they do 10
Not sure 6

Part II

F1. What is the last grade that you completed in school?

Grade school 1 [179-180]
Some high school 5
High school graduate 26
Some college, no degree 19
Vocational training/2-year college 12
4-year college/bachelor's degree 23
Some postgraduate work, no degree 1
2-3 years postgraduate work/master's degree 10
Doctoral/law degree 2
Not sure/refused 1


F2. Generally speaking, do you think of yourself as a Democrat, a Republican, an independent, or something else? (IF "DEMOCRAT" OR "REPUBLICAN," ASK:) Would you call yourself a strong (Democrat/Republican) or not a very strong (Democrat/Republican)? (IF "INDEPENDENT," ASK:) Do you think of yourself as closer to the Republican Party, closer to the Democratic Party, or do you think of yourself as strictly independent?

Strong Democrat 19 [208]
Not very strong Democrat 9
Independent/lean Democrat 11
Strictly independent 20
Independent/lean Republican 9
Not very strong Republican 9
Strong Republican 12
Other 6
Not sure/nothing 5


F3. Thinking about your general approach to issues, do you consider yourself to be liberal, moderate, or conservative?

Liberal 20 [209]
Moderate 38
Conservative 36
Not sure 6


F4. Are you currently single and never married, unmarried and living with a partner, married, separated, widowed, or divorced?

Single 19 [210]
Unmarried, living with partner 3
Married 61
Separated 2
Widowed 6
Divorced 8
Other (VOL) -
Not sure/refused 1

F5. Do you have any children under age eighteen of whom you are the parent or primary guardian?

Yes, kids under 18 in household 37 [211]
No, no kids under 18 in household 62
Not sure 1


F6. Is anyone else in your household a current or retired labor union member?

Labor union member 14 [212/213]
Labor union household 6
Non-union household 78
Not sure 2


F7. If you added together the yearly income of all the members of your family who were living at home last year, would the total be less than ten thousand dollars, between ten thousand dollars and twenty thousand dollars, between twenty thousand dollars and thirty thousand dollars, between thirty thousand dollars and forty thousand dollars, between forty thousand dollars and fifty thousand dollars, between fifty thousand dollars and seventy-five thousand dollars, between seventy-five thousand dollars and one hundred thousand dollars, or would the total be more than that?

Less than $10,000 6 [214]
Between $10,000 and $20,000 7
Between $20,000 and $30,000 8
Between $30,000 and $40,000 9
Between $40,000 and $50,000 10
Between $50,000 and $75,000 16
Between $75,000 and $100,000 13
More than $100,000 14
Not sure/refused 17