Table B-5. Standard Errors for Percent of Households Owning Assets and Median Value of Holdings by Monthly Household
Income Quintile for Selected Asset Types: 1993 and 1991
(Excludes group quarters)
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Interest- Equity in
earning Other own
Monthly household assets at interest- Stocks and Equity in business IRA or
income quintiles\1 financial earning mutual fund Equity in motor or Keogh
institutions\2 assets\3 shares own home vehicles profession accounts
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PERCENT OF HOUSEHOLDS OWNING
ASSETS
1993
Total....................... 0.3 0.2 0.3 0.3 0.2 0.2 0.3
Lowest quintile............... 0.7 0.2 0.3 0.7 0.7 0.4 0.3
Second quintile............... 0.7 0.3 0.5 0.8 0.5 0.4 0.5
Third quintile................ 0.7 0.4 0.6 0.7 0.4 0.4 0.6
Fourth quintile............... 0.5 0.4 0.7 0.7 0.3 0.5 0.7
Highest quintile.............. 0.4 0.6 0.8 0.5 0.3 0.6 0.8
1991
Total....................... 0.4 0.2 0.3 0.4 0.3 0.3 0.3
Lowest quintile............... 0.9 0.3 0.4 0.9 0.9 0.4 0.4
Second quintile............... 0.8 0.4 0.6 0.9 0.6 0.5 0.6
Third quintile................ 0.7 0.5 0.7 0.9 0.5 0.5 0.7
Fourth quintile............... 0.6 0.5 0.8 0.8 0.3 0.6 0.8
Highest quintile.............. 0.4 0.7 0.9 0.6 0.3 0.7 0.9
MEDIAN VALUE OF HOLDINGS FOR
ASSET OWNERS
1993
Total....................... 1 1,000 338 703 49 998 399
Lowest quintile............... 125 2,250 - 1,460 223 453 1,343
Second quintile............... 3 2,251 396 1,674 - 550 799
Third quintile................ 85 2,150 571 1,197 147 800 600
Fourth quintile............... 200 825 434 1,161 104 1,000 500
Highest quintile.............. 126 500 479 1,526 151 2,563 510
1991 (in 1993 dollars)
Total....................... 107 981 445 1,060 37 331 556
Lowest quintile............... 264 2,506 610 742 17 1,855 1,559
Second quintile............... 181 3,020 537 742 - 2,279 1,276
Third quintile................ 188 2,041 424 1,643 129 1,671 196
Fourth quintile............... 159 3,126 390 371 140 1,590 437
Highest quintile.............. 305 1,060 795 583 186 3,631 553
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-Represents zero.
1/Quintile upper limits for 1993 were: lowest quintile - $1,071; second quintile - $1,963; third quintile - $2,995;
fourth quintile - $4,635. Upper limits for 1991 were: lowest quintile - $1,135; second quintile - $2,027; third
quintile - $3,089; fourth quintile - $4,721.
2/Includes passbook savings accounts, money market deposit accounts, certificates of deposits, and interest-earning
checking accounts.
3/Includes money market funds, U.S. Government securities, municipal and corporate bonds, and other interest-earning
assets.
Contact the Demographic Call Center Staff at 301-763-2422 or 1-866-758-1060 (toll free) or visit
ask.census.gov for further information on Wealth and Asset Ownership Data.
Source: U.S. Census Bureau, Housing and Household Economic Statistics Division
Last Revised: January 28, 2005
