Table B-7. Standard Errors for Distribution of Net Worth by Age of Householder and Asset Type: 1993 and 1991
(Excludes group quarters)
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1993 1991
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Less 65 Less 65
Asset type than 35 to 45 to 55 to years than 35 to 45 to 55 to years
35 44 54 64 and 35 44 54 64 and
Total years years years years over Total years years years years over
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Total net worth............... 2.0 5.3 4.8 4.8 4.1 3.1 2.2 6.4 4.7 5.3 5.2 3.6
Interest-earning assets
at financial institutions.... 0.3 0.8 0.6 0.5 0.6 0.7 0.4 0.9 0.6 0.1 0.9 0.9
Other interest-earning
assets....................... 0.2 0.5 0.1 0.4 0.4 0.5 0.3 0.4 0.5 0.5 0.9 0.6
Checking accounts............. - 0.1 - - - - - 0.1 0.1 - - -
Stocks and mutual fund
shares....................... 0.5 1.4 0.6 1.7 0.8 0.6 0.4 0.8 0.8 1.9 1.9 1.4
Own home...................... 0.8 2.3 2.0 1.9 1.6 1.2 0.9 2.8 2.0 2.0 1.9 1.4
Rental property............... 0.4 0.8 0.7 0.7 1.1 0.5 0.4 1.3 0.8 1.1 0.7 0.5
Other real estate............. 0.2 0.4 0.2 0.2 0.3 0.5 0.3 0.3 0.3 0.4 0.5 0.7
Vehicles...................... 0.1 0.7 0.3 0.3 0.2 0.1 0.1 0.9 0.3 0.3 0.3 0.1
Business or profession........ 0.6 1.3 2.3 1.5 0.7 0.6 0.5 1.7 1.4 1.4 1.1 0.3
U.S. savings bonds............ 0.1 0.1 0.3 0.1 0.1 0.2 - 0.1 - 0.1 0.1 0.1
IRA or Keogh accounts......... 0.2 0.3 0.4 0.5 0.5 0.4 0.2 0.3 0.5 0.4 0.5 0.3
Other financial
investments\1................ 0.2 1.1 0.6 0.3 0.4 0.3 0.2 1.4 0.2 1.1 0.9 0.3
Unsecured liabilities\2.......-0.1 -0.7 -0.3 -0.2 -0.4 -0.1 -0.1 -0.8 -0.4 -0.4 -0.4 -
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-Represents zero.
1/Includes mortgages held from sale of real estate, amount due from sale of business, unit trusts, and
other financial investments.
2/Since net worth is the value of assets less liabilities, unsecured liabilities are subtracted from
the distribution of net worth and are shown as negative.
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
