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Table 2. Asset Ownership Rates for Households, by Selected Characteristics: 1995
(Excludes group quarters.)
Interest Stocks
earning Other and Own
Number of assets at interest- Regular mutual business
households financial earning checking fund or Motor
(thousands) institutions assets accounts shares profession vehicles
Total 99088 69.1 7.7 46.7 20.8 10.3 89.2
RACE AND HISPANIC ORIGIN OF HOUSEHOLDER
White 84224 72.3 8.7 48.9 23.1 11.3 91.5
Black 11719 46.4 1.1 31.9 5.2 2.9 73.4
Hispanic Origin 8161 49.0 1.7 38.1 5.3 6.2 80.8
AGE OF HOUSEHOLDER
Less than 35 years 24092 60.8 3.3 46.8 13.3 7.8 88.2
35 to 44 years 23343 69.5 5.5 48.9 19.3 13.3 92.2
45 to 54 years 17813 71.9 7.6 53.2 25.8 16.1 93.2
55 to 64 years 12338 70.6 10.2 47.6 24.1 12.2 91.5
65 years and over 21502 74.8 13.7 38.5 24.6 3.9 82.6
65 to 69 years 6056 74.4 15.2 41.2 27.2 7.0 89.4
70 to 74 years 5834 74.6 14.1 39.3 26.1 4.7 87.2
75 and over 9612 75.2 12.5 36.2 22.0 1.5 75.4
EDUCATION OF HOUSEHOLDER
Less than 12 years 20597 49.3 2.6 36.8 7.2 5.6 78.6
High school: 4 years 31669 66.5 5.1 48.4 15.8 9.6 90.1
College: 1 to 3 years 23665 73.1 6.7 51.1 21.2 11.5 92.4
4 or more years 23158 86.2 16.7 48.9 39.2 14.4 94.2
TYPE OF HOUSEHOLD BY AGE
OF HOUSEHOLDER
Married-couple households 54685 76.8 8.9 51.8 25.4 14.2 96.5
Less than 35 years 11753 69.8 3.2 52.7 17.2 10.8 96.3
35 to 54 years 25949 77.7 7.5 55.3 25.7 18.0 96.9
55 to 64 years 7495 78.4 12.3 51.3 29.9 16.2 97.6
65 years and over 9487 81.5 17.2 41.5 30.9 6.4 94.7
Male householder 16044 62.1 6.6 39.9 17.0 9.5 87.1
Less than 35 years 5402 59.5 4.8 43.7 12.7 8.1 87.8
35 to 54 years 6336 61.0 5.7 39.6 19.1 13.2 88.7
55 to 64 years 1539 61.5 7.1 35.5 17.7 8.7 82.0
65 years and over 2767 70.2 11.9 35.6 20.4 4.0 84.9
Female householder 28359 58.4 5.9 40.9 14.0 3.3 76.4
Less than 35 years 6937 46.7 2.1 39.3 7.1 2.5 74.6
35 to 54 years 8869 56.4 3.6 45.7 13.7 5.2 83.1
55 to 64 years 3305 57.2 6.8 44.7 14.1 4.9 82.0
65 years and over 9248 69.3 10.6 36.2 19.4 1.4 69.4
LABOR FORCE ACTIVITY OF
HOUSEHOLDERS UNDER 65
YEARS
Total 77586 67.5 6.0 49.0 19.7 12.1 91.1
With labor force activity 66357 71.3 6.1 51.3 20.9 13.7 93.7
With job entire period 61405 73.2 6.3 52.3 21.7 14.4 94.5
With job part of period 3518 52.7 3.6 43.3 11.8 6.0 87.4
No job during period, spent time looking
or on layoff 1434 39.0 3.0 32.1 7.8 1.8 75.1
No labor force activity 11229 45.1 5.6 35.5 12.5 2.5 75.6
Monthly Household Income
Lowest quintile 19838 40.4 2.2 32.6 5.6 5.0 68.6
Second quintile 19812 61.3 4.4 42.4 12.3 7.2 88.5
Third quintile 19811 72.7 7.1 51.0 18.5 9.7 94.9
Fourth quintile 19812 81.0 8.9 54.0 24.8 12.2 96.8
Highest quintile 19814 90.2 15.9 53.8 42.6 17.5 97.3
Household Net Worth
Negative or Zero 10247 32.4 0.6 36.5 3.3 4.1 55.0
$1 to $4,999............ 14092 42.0 0.4 40.5 2.3 2.5 85.9
$5,000 to $9,999........ 6022 61.7 1.2 53.3 8.0 5.1 94.8
$10,000 to $24,999...... 11629 68.6 2.5 50.5 11.6 7.7 94.1
$25,000 to $49,999...... 11633 72.6 4.2 50.7 15.8 8.8 92.9
$50,000 to $99,999...... 16111 78.5 5.9 49.6 21.5 10.7 93.4
$100,000 to $249,999.... 18862 88.3 12.3 49.2 35.4 14.6 95.7
$250,000 to $499,999.... 7028 93.7 26.6 44.3 52.9 23.3 96.3
$500,000 and over....... 3464 93.3 44.0 43.4 68.3 32.4 96.2
REGION
Northeast 20184 73.0 8.9 44.0 21.3 9.7 81.8
Midwest 25569 74.4 7.9 48.1 22.5 11.1 92.3
South 33414 62.2 6.4 43.6 18.2 9.4 89.7
West 19921 70.1 8.5 53.0 22.2 11.6 92.0
TENURE
Owner 63663 78.9 10.2 49.6 26.9 12.7 94.5
Renter 35424 51.5 3.3 41.6 9.7 6.1 79.7
Table 2. Asset Ownership Rates for Households, by Selected Characteristics: 1995
(Excludes group quarters.)
IRA
Other U.S. or
Own Rental real savings KEOGH Other
home property estate Mortgages bonds accounts assets
Total 64.2 7.1 7.5 1.4 18.8 24.1 2.5
RACE AND HISPANIC ORIGIN OF HOUSEHOLDER
White 67.4 7.5 8.2 1.6 20.3 26.5 2.9
Black 45.2 4.3 2.7 0.2 8.9 7.9 0.7
Hispanic Origin 41.4 4.7 3.2 0.6 8.4 8.5 0.9
AGE OF HOUSEHOLDER
Less than 35 years 38.2 2.1 2.9 0.1 15.3 12.7 1.4
35 to 44 years 64.9 5.6 6.2 0.6 22.0 24.2 1.8
45 to 54 years 73.2 10.0 11.3 1.2 22.5 33.2 2.5
55 to 64 years 78.6 12.3 12.4 2.3 20.6 36.5 3.3
65 years and over 77.1 9.2 8.3 3.4 15.1 22.1 4.2
65 to 69 years 81.0 10.3 11.7 3.6 21.8 36.1 5.2
70 to 74 years 80.8 9.1 9.1 3.6 16.4 27.2 3.9
75 and over 72.5 8.5 5.6 3.3 10.0 10.1 3.8
EDUCATION OF HOUSEHOLDER
Less than 12 years 57.3 5.4 3.9 0.9 7.8 8.4 0.9
High school: 4 years 65.2 6.0 6.5 1.6 17.4 19.7 1.9
College: 1 to 3 years 62.2 7.1 7.5 1.0 21.3 24.7 2.3
4 or more years 71.1 10.3 12.1 2.1 27.9 43.4 5.1
TYPE OF HOUSEHOLD BY AGE
OF HOUSEHOLDER
Married-couple households 77.7 8.8 10.0 1.8 24.6 31.1 2.9
Less than 35 years 56.0 2.5 4.2 0.2 20.9 15.9 1.6
35 to 54 years 80.0 9.1 10.1 1.0 27.2 33.0 2.3
55 to 64 years 88.2 14.9 16.6 2.9 27.2 45.6 3.7
65 years and over 89.9 11.2 12.1 4.9 20.3 33.5 5.2
Male householder 46.1 5.7 5.2 1.0 11.6 18.1 2.2
Less than 35 years 24.9 2.8 2.8 0.2 10.6 10.9 2.0
35 to 54 years 50.9 6.1 6.5 0.5 13.1 23.6 2.0
55 to 64 years 61.8 11.5 6.3 1.9 11.6 25.2 1.3
65 years and over 67.8 7.4 6.4 2.8 10.1 15.6 3.6
Female householder 48.6 4.6 3.9 1.0 11.6 14.0 2.1
Less than 35 years 18.4 0.7 0.8 0.0 9.5 8.7 0.6
35 to 54 years 47.3 3.7 4.7 0.5 14.3 17.1 1.4
55 to 64 years 64.5 7.0 5.8 1.2 9.5 21.4 3.3
65 years and over 66.8 7.6 4.9 2.1 11.2 12.3 3.4
LABOR FORCE ACTIVITY OF
HOUSEHOLDERS UNDER 65
YEARS
Total 60.7 6.6 7.3 0.9 19.8 24.7 2.1
With labor force activity 62.4 6.8 7.6 0.9 21.3 26.1 2.1
With job entire period 64.3 7.0 7.6 0.9 22.1 27.0 2.2
With job part of period 40.0 3.1 7.1 0.3 12.1 17.9 1.9
No job during period, spent time looking
or on layoff 35.9 4.0 6.8 0.8 9.5 10.3 0.0
No labor force activity 50.5 5.5 5.8 0.9 11.0 16.1 1.8
Monthly Household Income
Lowest quintile 41.4 3.5 3.0 0.6 5.3 6.2 0.8
Second quintile 56.3 4.6 4.6 1.3 10.6 14.3 1.3
Third quintile 64.3 6.5 6.1 1.4 16.7 21.9 2.5
Fourth quintile 74.2 8.2 9.0 1.5 26.0 29.9 3.0
Highest quintile 85.1 12.9 14.8 2.4 35.3 48.3 5.1
Household Net Worth
Negative or Zero 12.7 0.7 0.6 0.0 7.5 4.1 0.3
$1 to $4,999............ 12.9 0.4 0.5 0.4 5.9 2.3 0.3
$5,000 to $9,999........ 28.5 1.1 1.1 0.0 11.4 8.6 0.9
$10,000 to $24,999...... 55.7 2.1 3.3 0.3 15.7 14.1 0.9
$25,000 to $49,999...... 82.7 2.8 5.7 0.5 18.8 18.5 1.6
$50,000 to $99,999...... 92.1 6.2 7.3 0.9 23.3 25.7 1.8
$100,000 to $249,999.... 94.4 12.7 13.4 2.3 27.0 42.8 3.6
$250,000 to $499,999.... 96.1 22.8 20.6 5.7 32.9 60.5 8.6
$500,000 and over....... 96.1 37.4 30.0 8.7 33.5 68.9 15.1
REGION
Northeast 61.5 8.3 6.3 1.0 21.8 27.2 2.1
Midwest 68.5 7.1 7.0 1.2 23.3 26.0 2.8
South 66.5 6.2 8.5 1.2 15.6 20.3 2.1
West 57.8 7.7 7.9 2.4 15.3 25.0 3.4
TENURE
Owner 100.0 10.3 10.1 2.0 23.6 31.5 3.3
Renter 0.0 1.4 2.9 0.4 10.1 10.8 1.2
