Asset Ownership of Households: 1995

Table 8. Standard Errors for Median Net Worth and Median Net Worth Excluding Home Equity,

by Age of Householder and Monthly Household Income Quintile: 1995

[Excludes group quarters]

Total

Less than 35

35 to 44

45 to 54

55 to 64

65 and older

65 to 69

70 to 74

75 and older

Median net worth

473

185

758

1,615

2,682

1,924

4,097

3,786

2,616

Excluding home equity………

142

130

246

496

752

610

1,505

1,208

723

Net worth by income quintile

Lowest quintile

Median net worth……………..

148

106

201

517

1,210

1,355

2,650

2,768

1,835

Excluding home equity………

57

96

116

165

220

167

372

313

230

Second Lowest quintile

Median net worth……………..

593

202

538

1,344

3,905

2,621

5,171

4,527

4,025

Excluding home equity………

165

156

209

449

608

1,017

1,869

1,814

1,596

Third Lowest quintile

Median net worth……………..

924

412

1,012

2,209

5,022

4,356

7,897

8,003

6,753

Excluding home equity………

285

264

385

701

1,563

2,752

4,071

5,422

5,298

Fourth Lowest quintile

Median net worth……………..

1,208

754

1,612

2,917

5,795

8,504

14,107

14,438

17,151

Excluding home equity………

414

463

584

965

2,809

6,515

10,253

9,542

13,269

Highest Lowest quintile

Median net worth……………..

2,283

1,935

3,002

4,586

8,177

18,669

26,085

31,504

49,147

Excluding home equity………

960

1,011

1,237

2,325

5,068

14,707

18,062

22,770

38,800

[Source: U.S. Census Bureau, Survey of Income and Program Participation 1993 panel]

1 Quintile upper limits for 1995 were: lowest quintile - $1,096; second quintile - $2,002; third quintile - $3,254;

fourth quintile - $4,973.