| Wealth and Asset Ownership |
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Table 1. Median Value of Assets for Households, by Type of Asset Owned and Selected Characteristics: 1995
(In dollars. Excludes group quarters.)
Interest Stocks
earning Other and Equity in
assets at interest- Regular mutual business Equity in Equity in
financial earning checking fund or motor Own
Net worth institutions assets accounts shares profession vehicles home
Total 40,200 2,537 15,000 500 9,000 8,000 6,675 50,000
RACE AND HISPANIC ORIGIN OF HOUSEHOLDER
White 49,030 3,000 15,000 500 9,350 8,500 6,998 51,567
Black 7,073 999 (B) 500 4,000 2,500 3,848 31,485
Hispanic Origin 7,255 1,000 (B) 500 7,000 7,000 3,499 32,786
AGE OF HOUSEHOLDER
Less than 35 years 7,428 1,000 6,125 450 4,000 4,950 5,500 16,018
35 to 44 years 31,691 1,900 5,000 500 5,000 7,500 6,936 36,741
45 to 54 years 61,248 2,548 12,499 600 8,000 12,000 8,200 54,095
55 to 64 years 91,330 4,900 21,998 500 10,000 7,000 8,648 70,000
65 years and over 92,399 9,249 25,000 628 21,000 10,000 5,699 70,000
65 to 69 years 106,408 7,499 22,999 600 20,000 6,170 7,500 75,000
70 to 74 years 97,414 7,499 24,999 600 20,300 15,000 6,225 70,000
75 and over 81,600 10,800 26,199 650 24,000 (B) 4,025 65,000
EDUCATION OF HOUSEHOLDER
Less than 12 years 20,092 2,499 16,999 400 5,000 5,000 3,500 42,539
High school: 4 years 37,216 2,248 19,999 500 6,000 7,000 6,359 50,000
College: 1 to 3 years 33,850 2,000 13,999 500 7,319 8,500 6,675 45,200
4 or more years 80,416 4,000 15,000 800 11,000 10,000 9,588 60,216
TYPE OF HOUSEHOLD BY AGE
OF HOUSEHOLDER
Married-couple households 64,694 3,000 14,999 559 8,200 9,500 8,998 51,691
Less than 35 years 14,299 1,230 5,998 500 4,000 4,500 7,173 17,017
35 to 54 years 63,107 2,499 9,999 600 5,500 10,000 9,373 48,213
55 to 64 years 126,725 5,799 20,000 600 11,691 10,000 11,248 78,474
65 years and over 138,249 10,000 24,999 850 21,370 11,500 8,825 78,976
Male householder 16,346 2,000 10,000 510 9,000 10,000 4,348 40,000
Less than 35 years 5,425 1,010 7,000 500 4,000 7,000 4,500 13,859
35 to 54 years 22,150 2,000 4,249 500 10,000 12,500 4,025 35,249
55 to 64 years 39,045 3,499 (B) 500 9,000 (B) 5,300 58,000
65 years and over 67,697 8,000 20,000 800 22,000 (B) 3,998 60,000
Female householder 14,949 2,000 21,699 400 10,000 750 3,500 50,000
Less than 35 years 2,580 550 (B) 300 4,000 (B) 3,448 15,361
35 to 54 years 11,233 1,200 10,000 400 6,000 1,000 4,025 32,508
55 to 64 years 44,400 2,800 49,999 420 7,900 (B) 4,448 58,000
65 years and over 61,549 7,998 25,000 500 20,000 (B) 3,350 60,000
LABOR FORCE ACTIVITY OF
HOUSEHOLDERS UNDER 65
YEARS
Total 28,470 2,000 10,000 500 6,000 8,000 6,900 42,464
With labor force activity 30,569 1,999 10,000 500 6,000 8,500 7,159 40,830
With job entire period 33,848 2,000 10,000 500 6,000 9,000 7,442 41,161
With job part of period 5,750 1,200 (B) 335 10,000 5,000 4,348 31,953
No job during period, spent time looking
or on layoff 3,000 1,100 (B) 300 (B) (B) 3,350 40,473
No labor force activity 11,298 2,500 19,000 300 7,900 2,500 4,848 58,000
Monthly Household Income
Lowest quintile 5,000 1,499 6,145 249 6,120 4,000 3,000 40,000
Second quintile 21,966 1,999 15,999 350 7,000 5,000 3,800 45,000
Third quintile 35,949 2,000 14,999 500 7,464 5,000 6,198 49,000
Fourth quintile 52,860 2,400 14,248 600 7,464 7,500 8,663 45,789
Highest quintile 116,232 5,000 16,349 1,000 11,000 15,000 12,975 65,061
REGION
Northeast 55,485 2,999 14,999 500 8,000 7,000 7,025 72,000
Midwest 45,582 2,919 13,499 500 9,000 10,000 7,125 45,390
South 31,698 2,499 15,000 500 9,300 10,000 6,696 39,027
West 37,203 2,499 19,000 600 9,000 7,000 5,925 61,373
TENURE
Owner 84,952 3,700 15,999 600 10,000 10,000 8,522 50,000
Renter 3,000 1,000 10,000 400 4,512 4,700 3,500 (B)
Table 1. Median Value of Assets for Households, by Type of Asset Owned and Selected Characteristics: 1995
(In dollars. Excludes group quarters.)
Other IRA
Rental real U.S. or
property estate savings KEOGH Other
equity equity bonds accounts assets
Total 34,250 22,000 700 15,000 29,100
RACE AND HISPANIC ORIGIN OF HOUSEHOLDER
White 38,000 23,000 775 15,000 29,100
Black 4,000 18,000 400 5,000 (B)
Hispanic Origin 13,000 23,000 400 10,000 (B)
AGE OF HOUSEHOLDER
Less than 35 years 10,000 12,000 350 5,300 5,000
35 to 44 years 20,000 25,000 650 11,000 18,478
45 to 54 years 39,000 26,000 800 16,000 26,212
55 to 64 years 60,000 30,000 1,000 20,400 29,100
65 years and over 28,000 20,000 1,400 25,000 35,000
65 to 69 years 28,000 20,000 1,400 29,931 54,000
70 to 74 years 45,000 30,000 1,500 25,000 31,000
75 and over 13,000 15,000 1,000 19,000 34,000
EDUCATION OF HOUSEHOLDER
Less than 12 years 6,000 17,000 350 15,000 (B)
High school: 4 years 20,000 20,000 600 13,000 27,600
College: 1 to 3 years 45,000 20,000 600 12,000 25,000
4 or more years 48,570 35,000 1,000 17,460 30,000
TYPE OF HOUSEHOLD BY AGE
OF HOUSEHOLDER
Married-couple households 40,000 26,000 900 17,047 29,100
Less than 35 years 19,000 15,000 400 7,000 (B)
35 to 54 years 30,000 30,000 850 15,000 20,800
55 to 64 years 62,250 35,000 1,050 25,000 29,100
65 years and over 45,000 25,000 1,500 32,000 49,500
Male householder 25,000 20,000 500 10,004 26,000
Less than 35 years (B) (B) 200 5,000 (B)
35 to 54 years 36,000 20,000 600 11,000 (B)
55 to 64 years (B) (B) (B) 20,000 (B)
65 years and over 15,000 (B) 2,000 20,000 (B)
Female householder 18,000 10,000 500 9,800 27,600
Less than 35 years (B) (B) 300 3,600 (B)
35 to 54 years 17,000 20,000 400 8,800 (B)
55 to 64 years 38,000 (B) 800 12,000 (B)
65 years and over 10,000 10,000 1,000 14,000 29,100
LABOR FORCE ACTIVITY OF
HOUSEHOLDERS UNDER 65
YEARS
Total 35,000 25,000 600 12,600 25,000
With labor force activity 35,000 25,000 600 12,200 20,000
With job entire period 33,000 25,000 600 12,257 21,998
With job part of period (B) 11,000 500 10,249 (B)
No job during period, spent time looking
or on layoff (B) (B) (B) (B) (B)
No labor force activity 45,000 20,000 500 18,000 (B)
Monthly Household Income
Lowest quintile 17,900 12,000 300 12,000 (B)
Second quintile 10,000 15,000 300 12,000 25,000
Third quintile 29,964 16,000 500 13,000 28,600
Fourth quintile 33,000 20,000 800 13,100 28,973
Highest quintile 52,000 35,000 1,000 17,800 30,000
REGION
Northeast 25,000 30,000 1,000 15,000 29,100
Midwest 25,000 20,000 675 13,400 27,600
South 35,000 17,000 600 14,591 27,600
West 60,000 35,000 700 15,500 29,100
TENURE
Owner 35,000 23,000 900 16,300 29,100
Renter 20,000 20,000 350 7,000 14,593