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Table 7. Standard Errors for 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 1,581 419 4,026 52 1,808 3,194 88 837
RACE AND HISPANIC ORIGIN OF HOUSEHOLDER
White 1,788 467 4,114 57 1,884 3,397 97 902
Black 2,294 334 (B) 70 2,416 5,736 209 1,666
Hispanic Origin 2,471 598 (B) 59 8,534 7,425 233 3,051
AGE OF HOUSEHOLDER
Less than 35 years 1,396 195 8,071 27 1,223 5,771 135 1,177
35 to 44 years 2,174 455 3,783 45 2,693 6,680 165 1,370
45 to 54 years 4,175 802 8,799 210 3,309 5,969 240 1,959
55 to 64 years 6,200 1,000 9,850 75 8,215 7,550 302 2,280
65 years and over 4,037 1,435 8,000 130 3,539 11,079 191 1,854
65 to 69 years 9,083 2,683 11,973 228 7,055 18,537 436 3,819
70 to 74 years 6,767 2,600 10,278 174 5,338 13,500 341 3,291
75 and over 5,606 2,212 15,791 237 5,758 (B) 222 2,694
EDUCATION OF HOUSEHOLDER
Less than 12 years 2,234 977 13,312 238 4,830 5,521 172 1,493
High school: 4 years 2,092 759 8,661 45 2,346 6,886 138 1,244
College: 1 to 3 years 3,038 861 7,900 50 3,246 5,153 166 1,614
4 or more years 4,697 789 5,968 112 3,335 5,919 218 2,135
TYPE OF HOUSEHOLD BY AGE
OF HOUSEHOLDER
Married-couple households 2,435 545 5,098 53 2,498 3,510 125 1,073
Less than 35 years 2,417 278 5,464 36 1,422 6,807 201 1,234
35 to 54 years 2,962 485 6,199 71 2,607 4,785 184 1,431
55 to 64 years 9,392 1,403 12,596 105 10,671 8,688 409 2,923
65 years and over 7,072 2,334 10,884 245 5,704 12,108 295 2,841
Male householder 3,522 839 9,166 279 3,414 10,559 182 2,472
Less than 35 years 2,744 317 22,289 60 2,967 14,594 254 3,068
35 to 54 years 6,046 1,132 7,645 702 5,284 15,542 286 3,362
55 to 64 years 11,099 1,791 (B) 239 14,816 (B) 669 6,972
65 years and over 11,717 3,313 20,527 215 8,340 (B) 557 6,254
Female householder 1,900 918 8,957 44 2,404 8,254 127 1,491
Less than 35 years 1,341 427 (B) 56 3,441 (B) 218 4,577
35 to 54 years 2,937 1,366 11,733 57 4,817 15,738 241 2,333
55 to 64 years 4,997 1,107 16,549 80 4,528 (B) 406 3,673
65 years and over 4,322 2,001 14,127 124 3,772 (B) 216 2,330
LABOR FORCE ACTIVITY OF
HOUSEHOLDERS UNDER 65
YEARS
Total 1,650 302 4,125 56 2,092 3,336 99 908
With labor force activity 1,766 309 4,320 62 2,019 3,354 103 972
With job entire period 1,862 323 4,483 65 2,003 3,434 108 1,002
With job part of period 6,453 896 (B) 112 14,719 8,471 389 4,826
No job during period, spent time looking
or on layoff 6,153 1,737 (B) 164 (B) (B) 594 4,539
No labor force activity 4,587 1,191 12,885 67 10,820 24,810 331 2,515
Monthly Household Income
Lowest quintile 1,720 491 6,219 51 5,169 4,809 145 1,800
Second quintile 1,730 681 3,641 49 1,990 4,701 137 1,537
Third quintile 2,484 743 4,233 46 2,002 6,214 152 1,620
Fourth quintile 3,084 861 4,633 63 2,592 5,902 174 1,565
Highest quintile 6,234 1,221 9,281 217 4,036 7,499 267 2,211
Household Net Worth
Negative or Zero 517 147 (B) 35 972 7,369 144 2,293
$1 to $4,999............ 30 39 (B) 32 540 179 57 385
$5,000 to $9,999........ 48 105 (B) 48 439 607 116 384
$10,000 to $24,999...... 104 132 589 44 336 1,358 144 279
$25,000 to $49,999...... 172 209 1,016 60 532 1,003 192 334
$50,000 to $99,999...... 291 302 1,249 53 648 1,460 183 443
$100,000 to $249,999.... 771 533 1,893 69 1,126 2,414 198 886
$250,000 to $499,999.... 2,092 1,799 4,213 257 3,075 7,125 439 2,696
$500,000 and over....... 19,736 6,610 16,970 1,330 12,576 21,474 1,047 8,720
REGION
Northeast 3,632 920 6,715 203 4,803 7,909 185 2,065
Midwest 2,861 807 8,747 72 2,984 5,409 165 1,330
South 2,302 810 5,457 65 2,372 5,346 146 1,144
West 4,422 791 11,056 82 4,782 7,676 227 2,566
TENURE
Owner 2,250 521 4,555 74 2,096 3,585 117 837
Renter 1,061 634 7,282 32 2,702 6,987 100 (B)
Table 7. Standard Errors for 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 5,119 4,246 352 1,206 4,830
RACE AND HISPANIC ORIGIN OF HOUSEHOLDER
White 5,636 3,157 379 1,278 5,019
Black 8,417 65,727 754 1,141 (B)
Hispanic Origin 11,042 7,212 336 5,851 (B)
AGE OF HOUSEHOLDER
Less than 35 years 7,203 29,863 103 853 6,853
35 to 44 years 7,960 5,332 341 1,251 13,285
45 to 54 years 10,937 8,459 389 2,660 12,473
55 to 64 years 12,861 7,604 658 3,272 12,675
65 years and over 10,111 4,945 1,793 3,495 7,252
65 to 69 years 20,120 6,609 1,229 6,047 15,238
70 to 74 years 14,634 10,118 1,443 4,914 13,098
75 and over 16,388 9,286 5,612 6,360 9,480
EDUCATION OF HOUSEHOLDER
Less than 12 years 18,949 3,683 783 4,466 (B)
High school: 4 years 7,977 4,306 329 1,299 6,667
College: 1 to 3 years 10,794 12,629 293 2,041 6,941
4 or more years 7,239 7,132 926 2,334 10,306
TYPE OF HOUSEHOLD BY AGE
OF HOUSEHOLDER
Married-couple households 5,762 5,116 475 1,525 6,189
Less than 35 years 8,895 42,082 125 1,125 (B)
35 to 54 years 6,156 5,028 322 1,805 9,643
55 to 64 years 16,107 9,165 791 4,222 17,256
65 years and over 13,398 6,250 2,956 4,433 10,223
Male householder 20,089 15,467 384 3,534 9,118
Less than 35 years (B) (B) 187 2,158 (B)
35 to 54 years 40,434 30,804 529 4,356 (B)
55 to 64 years (B) (B) 1,564 3,603 (B)
65 years and over 35,756 (B) (B) 17,017 (B)
Female householder 10,395 5,395 340 1,633 10,576
Less than 35 years (B) (B) 290 1,362 (B)
35 to 54 years 14,422 8,444 271 2,990 (B)
55 to 64 years 20,248 (B) 927 2,024 (B)
65 years and over 16,776 9,823 945 3,653 11,177
LABOR FORCE ACTIVITY OF
HOUSEHOLDERS UNDER 65
YEARS
Total 5,923 5,353 191 1,218 6,358
With labor force activity 6,000 5,917 196 1,205 6,666
With job entire period 6,065 6,328 201 1,231 6,652
With job part of period (B) 8,547 1,149 7,180 (B)
No job during period, spent time looking
or on layoff (B) (B) (B) (B) (B)
No labor force activity 22,067 9,593 759 5,611 (B)
Monthly Household Income
Lowest quintile 19,552 10,900 403 6,060 (B)
Second quintile 4,504 4,863 388 2,332 6,131
Third quintile 11,294 3,592 524 2,881 6,778
Fourth quintile 8,042 6,038 1,080 1,834 7,889
Highest quintile 10,568 9,988 408 2,274 11,885
Household Net Worth
Negative or Zero (B) (B) 133 3,069 (B)
$1 to $4,999............ (B) (B) 73 453 (B)
$5,000 to $9,999........ (B) (B) 140 327 (B)
$10,000 to $24,999...... 1,002 771 139 341 (B)
$25,000 to $49,999...... 1,665 1,384 125 501 (B)
$50,000 to $99,999...... 1,941 1,314 234 585 2,219
$100,000 to $249,999.... 2,249 1,984 331 801 2,900
$250,000 to $499,999.... 5,688 5,283 1,124 2,423 5,878
$500,000 and over....... 21,508 26,658 4,785 9,266 20,436
REGION
Northeast 13,452 5,717 513 2,512 11,276
Midwest 8,144 4,304 399 1,962 11,395
South 7,744 9,451 327 2,116 7,557
West 11,681 8,329 1,774 3,259 8,716
TENURE
Owner 5,391 3,630 432 1,404 5,488
Renter 14,229 20,680 186 1,367 5,916
