U.S. Census Bureau
 Wealth and Asset Ownership




Asset Ownership of Households: 1993

Table B-8.  Standard Errors for the Median Net Worth, by Race and Hispanic Origin of Householder and Monthly Household Income 
            Quintile:  1993 and 1991

(Excludes group quarters)
___________________________________________________________________________________________________________________________________
                                           Total                   White                   Black            Hispanic origin\1
                                 __________________________________________________________________________________________________
                                        1993        1991        1993        1991        1993        1991         1993         1991
Monthly household income quintile               (in 1993                (in 1993                (in 1993                  (in 1993
                                                dollars)                dollars)                dollars)                  dollars)
___________________________________________________________________________________________________________________________________
Median net worth (dollars).......        762         846         797       1,178         425         442          415          623

Net Worth by Income Quintile\2

Lowest quintile: 
  Median net worth (dollars).....        426         652         781       1,330         158          32           53            -

Second quintile:
  Median net worth (dollars).....      1,214       1,766       1,413       2,127         446         348          563          481

Third quintile:
  Median net worth (dollars).....      1,236       1,405       1,900       1,579       1,110         782        1,168          817

Fourth quintile:
  Median net worth (dollars).....      1,305       2,436       1,500       2,068       1,754       2,237        2,919        4,348

Highest quintile:
  Median net worth (dollars).....      2,723       4,645       3,111       5,108       6,405       4,035       10,129       15,446
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1/Persons of Hispanic origin may be of any race.
2/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.


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