U.S. Department of Commerce

Wealth and Asset Ownership




Asset Ownership of Households: 2000

Table 3.  Interest-Earning Asset Ownership Rates for Households, by Selected Characteristics:  2000
(Excludes group quarters.)
Characteristics Number of households (thousands) Total Percent owning interest-earning assets
Held at financial institutions Other interest-earning assets
Total Passbook savings accounts Money market deposit accounts Certificates of deposit Interest-
earning checking accounts		 Total U.S. Government securities Municipal and corporate bonds
         
     Total 104,644 63.8 63.7 51.1 11.6 12.2 34.7 3.2 1.2 2.6
         
RACE AND HISPANIC ORIGIN OF HOUSEHOLDER          
         
White 88,012 67.6 67.4 53.6 12.9 13.6 37.4 3.7 1.4 2.9
White Not of Hispanic Origin 79,562 70.3 70.1 55.3 13.9 14.6 39.6 4.1 1.5 3.2
Black 12,808 40.1 40.1 35.4 3.5 3.8 17.4 0.6 0.3 0.5
Hispanic Origin 9,264 42 42 36.5 3.5 3.4 16.7 0.3 0.1 0.3
Not of Hispanic Origin 95,380 65.9 65.8 52.5 12.4 13.1 36.4 3.5 1.3 2.8
         
AGE OF HOUSEHOLDER          
         
Less than 35 years 22,362 54.3 54.3 46.9 5 3.5 25.1 0.5 0.2 0.3
35 to 44 years 24,717 62.9 62.9 53.8 9.7 6.3 33.8 1.7 0.6 1.3
45 to 54 years 21,347 65.6 65.5 55 12.3 9.1 34.1 2.9 1.1 2.3
55 to 64 years 14,139 66.6 66.4 51.4 15.4 15.3 39.2 4.9 1.6 4.1
65 years and over 22,079 70.8 70.5 48.2 17.2 28.6 43 7.1 2.7 5.5
65 to 69 years 5,634 68.4 68.3 48.5 16.6 22.6 40.7 5.8 2.1 4.6
70 to 74 years 5,710 70.9 70.7 48.3 17.2 26.5 44.2 6.6 2.8 4.9
75 and over 10,735 72 71.7 48 17.6 32.9 43.5 8 3.1 6.3
         
EDUCATION OF HOUSEHOLDER          
         
No High School Diploma 17,570 40.8 40.7 31.9 3.6 9.4 18.3 0.5 0.2 0.3
High School Graduate Only 31,934 57.8 57.8 46.7 7.1 12.2 29.4 1.8 0.7 1.4
Some College, No Degree 18,526 65.7 65.6 53.1 11.1 11.4 35 3 1.2 2.2
Associate's Degree 11,086 71.3 71.2 59.1 9.8 11 37.9 2.2 0.9 1.7
Bachelor's Degree or Higher 25,527 82.5 82.2 64.8 23.9 15.3 50.9 7.5 2.6 6.2
         
TYPE OF HOUSEHOLD BY AGE OF HOUSEHOLDER          
         
Married-couple households 56,700 71.6 71.5 58.8 14 12.9 40.5 3.8 1.4 3.1
Less than 35 years 10,992 63 62.9 55.3 6.6 3.9 30.1 0.6 0.2 0.4
35 to 54 years 28,057 72.1 72.1 61.9 13 8.8 39.6 2.8 1.1 2.2
55 to 64 years 8,484 74.9 74.8 58.8 19.5 18 45.9 6.1 1.8 5.5
65 years and over 9,166 77.4 77.2 53.5 20.6 31.6 51.2 8.5 3.2 6.6
Male householder 18,146 54.4 54.3 41.6 8.3 8.9 28.1 2.1 0.9 1.5
Less than 35 years 5,219 49.1 49 40.5 3.5 3.3 23.6 0.6 0.3 0.5
35 to 54 years 7,640 53.4 53.2 41.9 8.4 5.7 27 1.3 0.5 1
55 to 64 years 2,010 54.6 54.6 40.7 8.9 11.2 30.1 2.4 1.4 1
65 years and over 3,276 65.1 65 43.3 15.3 23.7 36.5 6.2 2.4 4.7
Female householder 29,798 54.6 54.5 42.1 9.1 12.9 27.5 2.8 1.1 2.3
Less than 35 years 6,152 43.3 43.2 37.5 3.5 3 17.3 0.1 0.1 0.1
35 to 54 years 10,366 50.7 50.6 42.9 7 5.7 23.9 1.3 0.4 1.2
55 to 64 years 3,644 53.9 53.5 40.1 9.5 11.2 28.6 3.4 1.4 2.8
65 years and over 9,637 66.4 66.1 44.8 14.7 27.5 37.3 6 2.4 4.7
         
LABOR FORCE ACTIVITY OF          
HOUSEHOLDERS UNDER 65 YEARS          
         
     Total 82,564 61.9 61.8 51.8 10.1 7.8 32.4 2.2 0.8 1.8
With labor force activity 70,175 64.8 64.7 54.6 10.2 7.7 33.8 2.1 0.7 1.7
With job entire period 62,781 67 66.9 56.7 10.6 8.1 35.3 2.3 0.8 1.8
With job part of period 6,735 47.4 47.4 38.2 7.1 4.1 21.9 0.8 0.3 0.8
No job during period,          
spent time looking          
or on layoff 660 25.3 25.3 21.6 3.5 2.8 11.8 0.8 0.8 -
No labor force activity 11,912 46.4 46.3 36.5 9.6 8.7 24.9 2.8 1.1 2.3
         
Monthly Household Income          
         
Lowest quintile 20,937 40.1 40 30.3 4.9 9.4 18.1 1.1 0.5 0.8
Second quintile 20,937 56 55.9 42.2 8.3 14.2 29.2 2.1 0.8 1.6
Third quintile 20,913 65.1 65 52.3 10.6 11.7 33.9 3.1 1.1 2.4
Fourth quintile 20,935 74.1 73.9 62.2 11.5 11.4 40 3.2 1.3 2.4
Highest quintile 20,923 83.7 83.6 68.3 22.7 14.4 52.1 6.7 2.4 5.5
         
Household Net Worth          
         
Negative or Zero 15,676 31.1 31.1 26.4 1.1 1.2 13.2 0.1 - 0.1
$1 to $4,999 9,607 37.2 37.2 31.2 0.8 1.6 13.4 - - -
$5,000 to $9,999 5,513 46 46 37.6 2.3 2.8 20.1 0.1 - 0.1
$10,000 to $24,999 8,819 54.6 54.6 46.2 3.1 4.6 24.4 0.2 0.1 0.1
$25,000 to $49,999 10,888 62.5 62.4 52.7 4.8 7.4 29.4 0.8 0.3 0.5
$50,000 to $99,999 14,721 70.4 70.3 57.2 8 12.8 35.2 1 0.4 0.8
$100,000 to $249,999 20,335 81.2 81.1 65.4 15.4 19.6 47 2.8 1 2
$250,000 to $499,999 10,605 88.4 88.2 67.7 27.7 25.8 57 7.8 3.1 5.8
$500,000 and over 8,467 93.3 92.7 65.2 43.7 28.9 66.9 20.3 7.4 17.3
         
REGION          
         
Northeast 19,350 70.7 70.6 57.9 12.7 13.5 36.9 3.9 1.6 3.1
Midwest 25,209 69.2 69.1 55.8 12.5 14.8 36.6 3.4 1.1 2.8
South 36,732 56.4 56.3 43.9 9.5 11.1 32.3 2.8 1.1 2.1
West 22,284 63.4 63.3 51 13.3 10 34.3 3.3 1.2 2.7
         
TENURE          
         
Owner 70,344 73.5 73.3 58.6 15.1 15.8 42.1 4.4 1.6 3.5
Renter 34,300 43.9 43.9 35.5 4.3 4.9 19.5 0.9 0.4 0.6
- Represents zero or rounds to zero
Contact the Demographic Call Center Staff at 301-763-2422 or 1-866-758-1060 (toll free) or visit ask.census.gov for further information on Wealth and Asset Ownership Data.

Source: U.S. Census Bureau, Housing and Household Economic Statistics Division
Last Revised: October 31, 2011