Asset Ownership of Households: 1995

Table 9. Standard Errors for Median Net Worth and Median Net Worth Excluding Home Equity

of Households, by Monthly Household Income, and Race and Hispanic Origin of Householder: 1995

[Excludes group quarters]

Monthly Household Quintile 1

Total

White

Black

Hispanic Origin1

Median net worth……………………..

473

611

260

305

Excluding home equity……….

142

187

93

124

Lowest quintile:

Median net worth…………………..

148

305

89

131

Excluding home equity……….

57

93

39

66

Second quintile:

Median net worth…………………..

593

779

435

342

Excluding home equity……….

165

218

167

168

Third quintile:

Median net worth…………………..

924

1,154

942

997

Excluding home equity……….

285

350

407

402

Forth quintile:

Median net worth…………………..

1,208

1,392

2,188

1,886

Excluding home equity……….

414

487

637

709

Highest quintile:

Median net worth…………………..

2,283

2,482

3,402

8,064

Excluding home equity……….

960

1,101

1,128

2,469

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

1People of Hispanic origin may be of any race.

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

- $3,109; fourth quintile - $4,973.