|
|
| Wealth and Asset Ownership |
|
Table 5. Mean 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 102,626 14,241 59,691 1,213 41,214 55,492 9,523 70,917
RACE AND HISPANIC ORIGIN OF HOUSEHOLDER
White 112,840 15,312 59,945 1,237 41,882 57,129 9,806 73,058
Black 30,531 3,642 (B) 887 12,305 19,513 7,035 41,735
Hispanic Origin 38,986 5,494 (B) 895 32,164 28,763 6,291 52,323
AGE OF HOUSEHOLDER
Less than 35 years 27,210 3,660 32,892 783 12,816 41,142 7,792 29,888
35 to 44 years 73,332 6,974 21,624 1,045 30,091 60,140 9,450 54,624
45 to 54 years 128,190 12,842 50,820 1,455 38,727 62,881 11,353 76,305
55 to 64 years 166,384 15,697 75,171 1,197 65,055 47,931 11,581 90,735
65 years and over 161,164 31,536 80,820 1,762 56,588 58,870 8,666 92,729
65 to 69 years 188,506 26,649 73,613 1,868 57,359 66,308 10,804 99,289
70 to 74 years 160,793 27,291 69,659 1,606 51,616 49,478 8,942 91,611
75 and over 144,165 37,135 94,000 1,790 59,570 (B) 6,875 88,868
EDUCATION OF HOUSEHOLDER
Less than 12 years 60,219 15,088 56,233 1,193 29,028 30,795 6,854 57,108
High school: 4 years 86,128 14,055 59,145 1,060 29,642 62,619 8,923 65,464
College: 1 to 3 years 94,122 12,248 51,245 1,028 36,395 50,828 9,447 66,166
4 or more years 171,592 15,732 63,871 1,630 52,247 61,337 12,363 91,902
TYPE OF HOUSEHOLD BY AGE
OF HOUSEHOLDER
Married-couple households 132,552 14,498 60,377 1,301 45,166 56,069 11,558 74,097
Less than 35 years 37,290 4,062 22,133 810 12,041 41,688 9,145 29,022
35 to 54 years 119,430 10,048 38,782 1,247 36,952 61,020 12,057 68,496
55 to 64 years 217,450 18,141 75,154 1,313 75,263 49,812 13,874 98,830
65 years and over 219,391 34,403 86,638 2,263 63,657 60,556 11,320 103,319
Male householder 71,071 11,538 47,235 1,425 33,080 68,073 7,005 63,004
Less than 35 years 23,503 3,124 50,399 856 13,900 49,145 6,654 29,427
35 to 54 years 76,363 9,552 17,912 1,866 31,549 74,349 7,080 58,838
55 to 64 years 104,819 12,837 (B) 1,330 41,559 (B) 8,007 81,098
65 years and over 133,061 28,784 71,947 1,720 55,615 (B) 6,997 85,109
Female householder 62,771 15,217 65,561 878 32,981 30,142 6,194 65,361
Less than 35 years 13,018 3,174 (B) 658 14,474 (B) 5,873 34,846
35 to 54 years 46,469 7,618 44,635 783 23,550 42,617 6,650 50,160
55 to 64 years 79,247 9,536 81,361 846 29,680 (B) 7,060 69,908
65 years and over 109,838 28,912 74,125 1,187 45,309 (B) 5,565 80,419
LABOR FORCE ACTIVITY OF
HOUSEHOLDERS UNDER 65
YEARS
Total 86,403 8,932 46,375 1,093 35,887 55,186 9,739 63,232
With labor force activity 87,655 8,462 44,108 1,125 33,370 55,181 9,891 62,198
With job entire period 91,164 8,593 44,955 1,136 32,741 56,027 10,111 62,732
With job part of period 47,794 5,759 (B) 977 46,227 24,185 7,000 52,294
No job during period, spent time looking
or on layoff 35,170 6,900 (B) 809 (B) (B) 6,316 48,352
No labor force activity 79,002 13,327 61,104 821 60,780 55,367 8,620 70,782
Monthly Household Income
Lowest quintile 41,001 8,150 25,644 679 35,937 32,113 4,998 56,902
Second quintile 60,800 13,211 31,139 797 24,058 27,866 6,305 60,907
Third quintile 85,615 12,834 37,863 1,010 27,946 45,024 8,364 64,576
Fourth quintile 107,272 12,918 46,419 1,223 30,548 53,866 10,854 64,804
Highest quintile 218,510 19,999 89,358 2,045 58,849 80,433 15,450 94,483
Household Net Worth
Negative or Zero -6,937 1,178 (B) 532 2,980 -2,606 3,724 10,052
$1 to $4,999............ 2,108 839 (B) 492 1,882 586 2,801 2,911
$5,000 to $9,999........ 7,330 1,909 (B) 795 2,643 1,759 5,836 5,315
$10,000 to $24,999...... 16,684 3,414 4,533 872 3,752 6,366 8,467 11,593
$25,000 to $49,999...... 36,573 5,010 8,139 1,042 7,172 9,651 9,221 25,610
$50,000 to $99,999...... 73,030 8,273 12,569 1,098 11,569 15,966 10,465 50,377
$100,000 to $249,999.... 157,347 17,534 27,988 1,503 27,311 41,112 12,669 92,345
$250,000 to $499,999.... 341,379 38,921 53,063 2,387 59,092 103,042 15,655 147,396
$500,000 and over....... 866,848 73,315 179,353 4,915 162,273 216,899 20,771 234,041
REGION
Northeast 116,465 14,308 51,267 1,256 43,362 55,738 9,626 92,276
Midwest 98,622 14,663 60,348 1,187 38,934 54,784 9,875 61,083
South 85,581 14,588 51,042 1,116 35,860 53,577 9,554 55,116
West 122,332 13,077 78,861 1,339 49,426 58,760 8,929 93,329
TENURE
Owner 149,909 16,550 63,220 1,400 44,682 59,051 11,179 70,917
Renter 17,649 7,879 39,973 810 23,969 42,157 5,994 (B)
Table 5. Mean 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 89,364 58,642 4,147 35,519 68,545
RACE AND HISPANIC ORIGIN OF HOUSEHOLDER
White 95,116 53,932 4,278 36,703 69,586
Black 33,479 109,225 2,297 10,555 (B)
Hispanic Origin 56,100 38,945 1,638 28,503 (B)
AGE OF HOUSEHOLDER
Less than 35 years 41,186 59,603 1,198 11,031 29,736
35 to 44 years 56,725 49,389 3,109 21,578 52,005
45 to 54 years 88,459 66,046 3,652 39,132 65,578
55 to 64 years 129,036 66,679 5,555 46,531 76,986
65 years and over 93,355 50,458 8,667 52,961 83,122
65 to 69 years 102,136 43,889 7,208 59,675 107,468
70 to 74 years 85,517 67,889 7,654 49,431 69,066
75 and over 91,753 41,818 11,677 43,617 72,902
EDUCATION OF HOUSEHOLDER
Less than 12 years 92,320 32,336 4,077 32,439 (B)
High school: 4 years 69,358 40,952 3,490 25,468 59,294
College: 1 to 3 years 102,891 61,198 3,138 30,679 50,963
4 or more years 94,359 77,746 5,513 45,113 90,077
TYPE OF HOUSEHOLD BY AGE
OF HOUSEHOLDER
Married-couple households 91,894 64,842 4,698 40,163 72,817
Less than 35 years 38,440 76,019 1,283 12,490 (B)
35 to 54 years 70,764 60,735 3,765 33,358 57,768
55 to 64 years 144,874 73,667 5,972 54,324 87,616
65 years and over 98,270 59,781 11,124 59,593 93,684
Male householder 104,162 50,962 2,664 29,573 49,031
Less than 35 years (B) (B) 843 10,845 (B)
35 to 54 years 126,379 70,255 2,431 26,316 (B)
55 to 64 years (B) (B) (B) 29,226 (B)
65 years and over 113,218 (B) 6,035 66,709 (B)
Female householder 69,713 33,965 2,725 19,898 66,585
Less than 35 years (B) (B) 1,190 6,665 (B)
35 to 54 years 44,789 37,783 1,629 18,907 (B)
55 to 64 years 78,911 (B) 3,540 18,369 (B)
65 years and over 80,164 30,517 4,801 29,182 67,674
LABOR FORCE ACTIVITY OF
HOUSEHOLDERS UNDER 65
YEARS
Total 87,820 61,205 3,195 31,196 59,585
With labor force activity 83,523 61,850 3,071 29,326 56,229
With job entire period 82,254 64,100 3,085 29,273 55,480
With job part of period (B) 33,310 2,952 32,171 (B)
No job during period, spent time looking
or on layoff (B) (B) (B) (B) (B)
No labor force activity 119,223 56,227 4,611 49,180 (B)
Monthly Household Income
Lowest quintile 92,091 41,393 2,136 41,647 (B)
Second quintile 34,997 39,455 2,256 26,286 38,217
Third quintile 80,276 36,614 3,777 31,775 52,795
Fourth quintile 79,140 49,330 4,439 30,597 60,433
Highest quintile 119,001 82,921 4,980 42,206 98,831
Household Net Worth
Negative or Zero (B) (B) 704 8,747 (B)
$1 to $4,999............ (B) (B) 559 3,031 (B)
$5,000 to $9,999........ (B) (B) 908 3,969 (B)
$10,000 to $24,999...... 4,267 9,591 1,208 6,530 (B)
$25,000 to $49,999...... 6,739 15,790 1,364 10,552 (B)
$50,000 to $99,999...... 19,641 19,809 2,623 15,174 18,744
$100,000 to $249,999.... 40,399 37,975 4,702 26,991 41,126
$250,000 to $499,999.... 91,977 75,920 8,779 51,938 68,474
$500,000 and over....... 281,256 183,809 14,022 128,652 190,719
REGION
Northeast 96,041 58,538 4,540 36,171 73,970
Midwest 71,651 44,612 4,182 32,767 72,157
South 76,643 59,379 3,357 34,007 58,924
West 120,367 73,356 4,868 40,529 71,924
TENURE
Owner 91,157 57,988 4,754 38,874 74,743
Renter 65,089 62,695 1,603 17,894 30,462
