Table C. 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....................... 71.1 8.6 20.9 64.3 85.7 10.8 23.1
Lowest quintile............... 42.2 2.6 4.4 41.5 58.2 6.1 5.4
Second quintile............... 62.9 5.1 11.6 55.9 85.1 7.5 14.0
Third quintile................ 73.7 7.3 18.1 63.4 93.1 9.6 20.5
Fourth quintile............... 84.6 9.1 26.0 74.8 95.8 11.6 28.3
Highest quintile.............. 92.2 19.1 44.3 86.0 96.4 19.4 47.1
1991
Total....................... 73.2 9.0 20.7 64.7 86.4 11.7 22.9
Lowest quintile............... 43.2 2.3 5.8 43.8 58.4 6.6 5.1
Second quintile............... 65.8 5.1 11.5 55.7 87.0 8.7 12.2
Third quintile................ 77.4 7.5 16.2 64.3 93.0 10.0 19.9
Fourth quintile............... 86.2 8.8 25.4 74.0 96.3 12.8 29.4
Highest quintile.............. 93.4 21.3 44.8 86.0 97.4 20.5 48.1
MEDIAN VALUE OF HOLDINGS FOR
ASSET OWNERS
1993 (dollars)
Total....................... 2,999 12,998 6,960 46,669 5,140 7,000 12,985
Lowest quintile............... 1,594 9,999 3,300 38,940 1,657 946 10,000
Second quintile............... 1,999 12,999 4,916 40,973 3,348 1,980 11,000
Third quintile................ 1,998 12,499 4,650 42,984 4,625 4,800 9,500
Fourth quintile............... 2,747 9,999 5,900 41,850 6,491 9,500 11,800
Highest quintile.............. 5,999 14,999 9,992 66,068 9,898 17,075 16,100
1991 (in 1993 dollars)
Total....................... 3,709 16,058 5,490 43,070 5,555 10,203 11,886
Lowest quintile............... 2,468 6,571 4,081 36,040 1,555 6,360 8,372
Second quintile............... 2,624 15,900 3,988 41,340 3,533 5,088 8,904
Third quintile................ 2,384 14,205 5,062 37,100 4,872 4,770 10,562
Fourth quintile............... 3,179 15,899 3,816 41,870 6,935 10,176 10,388
Highest quintile.............. 7,738 20,140 9,010 63,494 10,017 15,928 15,370
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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
