Table 3. Households Owning Interest-Earning Assets, by Selected Characteristics: 1993
(Excludes persons in group quarters. For meaning of symbols, see text)
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Percent owning interest-earning assets
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Held at financial institutions Other interest-earning assets
Characteristics _______________________________________________________________________________________________
Money Certi- Interest- U.S. Municipal
Number of Passbook market ficates earning Money Govern- and
households savings deposit of checking market ment corporate Other
(thousands) Total/1 Total/1 accounts accounts deposit account Total/1 funds securities bonds assets
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Total........................ 96,468 71.7 71.1 60.1 12.6 16.0 36.9 8.6 3.9 2.1 3.1 2.2
RACE AND HISPANIC ORIGIN OF
HOUSEHOLDER
White.......................... 82,190 75.2 74.6 62.5 13.8 17.7 39.5 9.6 4.3 2.4 3.6 2.4
Black.......................... 11,248 45.8 45.5 41.5 3.2 4.8 16.4 1.8 0.7 0.2 0.3 0.8
Hispanic origin/2.............. 7,403 50.9 50.7 46.0 3.7 4.4 19.3 2.1 0.6 0.3 0.6 0.8
AGE OF HOUSEHOLDER
Less than 35 years............. 24,361 65.0 64.5 57.1 6.0 5.7 30.2 3.8 1.8 0.6 0.7 1.1
35 to 44 years................. 22,790 71.5 71.0 62.3 11.0 9.4 34.4 7.2 3.9 1.2 2.4 1.9
45 to 54 years................. 16,258 73.8 73.0 64.3 14.0 15.0 38.3 9.7 4.9 1.8 3.5 2.3
55 to 64 years................. 12,291 74.2 73.3 61.1 17.0 21.3 40.8 11.9 5.2 3.1 4.8 3.1
65 years and over.............. 20,768 76.7 76.1 57.3 18.5 33.0 44.2 13.0 4.7 4.5 5.6 3.1
65 to 69 years............... 6,132 75.1 74.4 58.2 16.9 27.9 43.1 13.2 5.5 4.0 5.8 3.4
70 to 74 years............... 5,504 76.9 76.3 56.5 19.9 32.0 44.6 13.1 5.4 3.7 5.6 3.2
75 years and over............ 9,131 77.6 77.1 57.2 18.8 37.1 44.6 12.7 3.7 5.2 5.4 2.9
EDUCATION OF HOUSEHOLDER
Less than 12 years............. 21,025 53.0 52.7 43.4 5.9 14.3 22.1 3.0 0.9 0.8 0.8 1.1
High school: 4 years.......... 30,637 68.9 68.4 59.0 9.2 15.7 33.1 5.5 1.9 1.5 1.6 1.7
College: 1 to 3 years..... 22,398 76.3 75.7 65.4 11.6 14.1 38.6 8.0 3.3 2.0 2.8 2.3
4 or more years.. 22,408 88.5 87.4 72.0 24.6 19.8 54.4 18.8 10.0 4.3 7.9 3.8
TYPE OF HOUSEHOLD BY AGE OF
HOUSEHOLDER
Married-couple households...... 52,891 79.3 78.7 68.1 15.2 18.0 42.5 10.2 4.7 2.3 4.0 2.6
Less than 35 years........... 12,141 72.9 72.3 65.0 7.5 6.6 34.7 4.6 2.0 0.7 1.0 1.3
35 to 54 years............... 23,983 80.1 79.5 71.3 14.4 14.0 40.8 9.6 5.1 1.7 3.3 2.6
55 to 64 years............... 7,568 81.6 80.8 68.4 20.3 24.7 47.0 13.3 5.9 3.3 5.6 3.5
65 years and over............ 9,199 84.1 83.5 63.6 23.5 38.1 53.3 16.7 6.3 5.5 8.3 3.6
Male householder............... 15,397 65.2 64.6 52.5 9.6 10.4 33.1 7.0 3.2 1.6 2.7 1.5
Less than 35 years........... 5,285 65.9 65.4 55.9 5.8 5.6 31.0 3.6 2.1 0.5 0.5 0.7
35 to 54 years............... 6,157 63.6 62.7 50.7 10.4 7.8 32.5 7.3 3.6 1.3 3.1 1.4
55 to 64 years............... 1,437 63.5 63.2 51.1 13.1 12.8 31.0 12.7 6.2 3.7 5.6 2.4
65 years and over............ 2,518 68.4 68.1 50.7 13.7 25.1 40.0 10.0 3.0 3.6 4.7 2.7
Female householder............. 28,180 60.9 60.4 49.2 9.3 15.3 28.5 6.5 2.6 1.9 1.9 1.8
Less than 35 years........... 6,935 50.5 50.1 44.1 3.7 4.2 21.7 2.6 1.0 0.4 0.4 1.1
35 to 54 years............... 8,908 58.1 57.7 49.7 7.5 8.1 25.6 5.2 2.7 1.0 1.6 1.2
55 to 64 years............... 3,286 61.8 60.5 48.6 11.0 17.3 30.6 8.4 3.1 2.3 2.5 2.2
65 years and over............ 9,050 71.4 70.8 52.8 14.9 30.0 36.0 10.0 3.5 3.7 3.0 2.7
LABOR FORCE ACTIVITY OF
HOUSEHOLDERS UNDER 65 YEARS
Total........................ 75,700 70.3 69.7 60.8 11.0 11.3 34.9 7.4 3.6 1.4 2.5 1.9
With labor force activity...... 65,258 73.8 73.2 64.2 11.3 11.4 36.8 7.5 3.7 1.4 2.5 2.0
With job entire period....... 59,235 76.0 75.4 66.2 11.9 11.8 38.3 7.9 3.9 1.5 2.6 2.1
With job part of period...... 3,512 58.4 58.0 49.1 6.9 8.7 25.2 4.1 1.6 0.6 1.4 1.5
No job during period, spend
time looking or on layoff... 2,511 44.3 43.9 37.8 3.7 4.9 17.7 3.4 1.4 0.7 1.4 0.4
No labor force activity........ 10,442 48.5 47.9 40.0 8.9 11.0 23.4 6.8 3.1 1.7 2.7 1.7
MONTHLY HOUSEHOLD INCOME
Lowest quintile................ 19,327 42.5 42.2 32.5 4.8 10.4 17.1 2.6 1.0 0.6 0.7 0.6
Second quintile................ 19,306 63.5 62.9 50.8 8.6 16.0 29.6 5.1 1.8 1.6 1.4 1.5
Third quintile................. 19,279 74.3 73.7 63.2 10.2 15.2 35.6 7.3 2.8 2.1 2.3 2.0
Fourth quintile................ 19,305 85.1 84.6 73.9 14.0 16.3 44.6 9.1 3.5 2.0 3.1 2.7
Highest quintile............... 19,252 93.1 92.2 80.2 25.5 22.2 57.7 19.1 10.3 4.1 8.2 4.0
HOUSEHOLD NET WORTH
Negative or zero............... 11,623 34.6 34.4 29.7 1.5 1.5 14.2 0.8 0.3 0.1 0.2 0.4
$1 to $4,999................... 13,769 50.5 50.3 44.0 1.5 1.9 17.4 0.8 0.4 0.1 0.1 0.3
$5,000 to $9,999............... 6,121 65.1 64.7 57.1 3.1 5.6 26.9 2.0 1.0 0.1 0.3 0.8
$10,000 to $24,999............. 10,344 72.0 71.7 61.9 6.5 8.7 31.1 2.9 1.0 0.6 0.6 1.0
$25,000 to $49,999............. 11,668 74.5 73.9 65.1 8.5 12.3 33.8 4.5 1.8 0.8 0.9 1.5
$50,000 to $99,999............. 15,627 82.2 81.4 69.2 13.0 20.2 41.8 7.2 2.9 1.5 1.4 2.4
$100,000 to $249,999........... 17,458 90.8 90.1 74.4 23.4 30.3 55.1 14.5 6.3 3.6 4.8 3.6
$250,000 to $499,999........... 6,485 94.6 93.4 74.4 36.1 38.5 64.5 30.7 14.9 7.5 13.6 6.5
$500,000 and over.............. 3,373 95.8 94.2 69.6 44.0 41.0 71.4 44.8 22.0 13.7 26.5 8.5
REGION
Northeast...................... 19,851 76.3 75.7 64.7 14.9 17.2 38.8 9.5 4.6 2.4 3.4 2.0
Midwest........................ 24,909 75.8 75.2 64.2 13.3 19.6 38.6 9.2 3.8 2.4 3.3 2.5
South.......................... 32,012 64.4 63.9 52.5 10.7 14.5 32.9 7.0 3.1 1.6 2.8 1.8
West........................... 19,683 73.8 73.0 62.7 12.7 12.7 39.3 9.7 4.4 2.1 3.4 2.6
TENURE
Owner.......................... 62,036 80.8 80.1 67.6 16.7 21.0 44.0 11.4 5.2 2.8 4.3 2.9
Renter......................... 34,432 55.3 54.8 46.5 5.3 7.1 24.2 3.6 1.5 0.8 1.0 0.9
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1/Detail does not add to total because some households have more than one of the type of interest-earning assets specified.
2/Persons of Hispanic origin may be of any race.
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
