U.S. Department of Commerce

Wealth and Asset Ownership






Asset Ownership of Households: 2000

Table 6.  Standard Errors for Median Value of Assets for Households, by Type of Asset Owned and Selected Characteristics:  2000
(In dollars.  Excludes group quarters.)                              
Characteristics Net worth Net worth (401K/Thrift) Interest earning assets at financial institutions Other interest-
earning assets
Regular checking accounts Stocks and mutual fund shares Equity in business or profession Equity in motor vehicles Equity in own home Rental property equity Other real estate equity U.S. savings bonds IRA or Keogh accounts 401K & thrift savings plan Other assets1
               
     Total 479 567 47 1,083 8 380 486 54 490 2,476 1,283 24 429 322 1,011
               
RACE AND HISPANIC ORIGIN OF HOUSEHOLDER                
               
White 654 763 57 1,106 9 412 526 62 534 2,690 1,369 25 454 374 1,127
White Not of Hispanic Origin 774 898 65 1,140 9 418 579 65 564 2,850 1,394 26 474 406 1,210
Black 275 309 52 (B) 24 644 1,701 102 989 3,932 1,562 45 637 499 (B)
Hispanic Origin 424 478 86 (B) 28 1,114 911 112 1,352 9,131 5,731 167 1,339 846 1,072
Not of Hispanic Origin 570 668 50 1,089 9 400 552 60 519 2,595 1,306 24 446 338 1,122
               
AGE OF HOUSEHOLDER                
               
Less than 35 years 242 275 42 (B) 16 299 966 81 583 4,557 2,921 24 276 247 918
35 to 44 years 725 938 66 2,530 17 573 812 102 712 3,666 2,057 36 558 585 1,317
45 to 54 years 1,499 1,798 101 1,603 21 813 1,040 129 1,017 4,674 2,473 49 883 978 2,059
55 to 64 years 2,690 2,963 220 1,681 27 1,776 1,528 164 1,483 5,890 3,369 69 1,390 1,726 3,835
65 years and over 2,076 2,104 246 1,678 24 1,607 2,559 131 1,013 5,882 2,595 139 1,202 2,503 2,251
65 to 69 years 4,267 4,495 452 3,543 43 2,604 4,889 271 2,215 11,164 4,867 133 2,296 3,836 4,519
70 to 74 years 4,535 4,588 486 3,415 41 3,225 4,682 252 2,209 10,432 4,544 257 2,290 5,186 3,820
75 and over 2,733 2,737 343 2,295 43 2,383 3,581 171 1,479 9,506 3,349 385 1,650 4,867 3,845
               
EDUCATION OF HOUSEHOLDER                
               
No High School Diploma 403 426 100 (B) 18 766 1,561 79 1,073 7,901 2,986 54 1,527 686 2,169
High School Graduate Only 746 863 72 1,684 14 633 1,211 90 795 4,131 1,866 49 829 535 2,097
Some College, No Degree 963 1,145 84 2,473 19 703 1,106 117 1,184 4,472 2,512 58 854 592 2,410
Associate's Degree 1,505 1,824 105 2,486 24 849 1,046 163 1,279 6,025 2,550 37 830 762 3,110
Bachelor's Degree or Higher 2,154 2,642 124 1,533 26 736 795 117 1,229 4,510 2,688 39 808 914 1,640
               
TYPE OF HOUSEHOLD BY AGE OF HOUSEHOLDER                
               
Married-couple households 1,014 1,192 74 1,403 13 534 559 79 622 2,836 1,480 28 590 492 1,456
Less than 35 years 596 683 70 (B) 23 451 1,104 134 707 4,529 3,040 34 379 355 1,209
35 to 54 years 1,339 1,665 81 2,330 19 677 793 113 764 3,578 2,092 38 698 734 1,737
55 to 64 years 4,426 5,106 320 2,919 47 2,571 1,634 250 1,803 6,723 4,364 142 1,979 2,335 4,391
65 years and over 4,311 4,436 530 2,285 44 2,911 3,239 206 1,650 8,827 3,380 236 1,845 3,721 3,949
Male householder 495 617 93 1,408 20 772 1,815 95 1,171 8,183 3,013 61 896 639 2,195
Less than 35 years 370 413 87 (B) 32 533 2,554 144 1,318 (B) (B) 76 541 536 (B)
35 to 54 years 836 1,188 125 (B) 34 1,108 2,352 143 1,476 8,917 4,200 60 1,234 1,069 1,981
55 to 64 years 3,047 3,618 465 (B) 91 4,069 (B) 368 3,701 (B) (B) (B) 3,706 3,983 (B)
65 years and over 4,598 4,598 689 (B) 81 5,836 (B) 279 2,512 (B) 7,235 287 2,984 (B) (B)
  401 464 63 1,174 15 571 913 64 963 5,390 2,002 29 655 457 2,143
Less than 35 years 209 200 54 (B) 20 559 (B) 125 1,341 (B) (B) 25 478 317 (B)
35 to 54 years 481 601 66 (B) 24 684 932 105 1,158 13,155 2,511 47 909 730 2,838
55 to 64 years 2,484 2,780 211 (B) 40 2,590 1,953 216 2,555 14,879 7,636 45 2,048 2,044 (B)
65 years and over 2,323 2,342 231 2,194 30 1,627 (B) 142 1,624 7,489 3,812 219 1,753 3,793 3,176
               
LABOR FORCE ACTIVITY OF HOUSEHOLDERS                
UNDER 65 YEARS                
               
     Total 403 488 41 1,062 9 337 494 58 506 2,672 1,469 20 398 328 970
With labor force activity 457 561 43 1,031 10 340 526 63 530 2,845 1,550 20 405 340 937
With job entire period 549 679 44 1,101 11 369 574 69 564 2,935 1,554 22 417 351 1,075
With job part of period 443 492 112 (B) 25 958 1,459 143 1,939 (B) 7,102 74 1,359 1,010 (B)
No job during period,                
spent time looking                
or on layoff 879 879 808 (B) 53 12,189 5,029 450 5,604 (B) 11,626 172 5,913 19,361 2,576
No labor force activity 812 887 167 3,390 21 2,051 1,101 164 1,572 7,734 4,572 81 1,952 1,933 6,066
               
Monthly Household Income                
               
Lowest quintile 227 236 72 2,090 11 871 1,105 67 1,016 4,500 2,950 49 1,260 965 2,605
Second quintile 614 655 87 1,981 14 713 1,041 80 1,046 6,251 2,337 35 1,063 392 2,275
Third quintile 885 1,023 78 1,740 16 560 873 103 989 4,673 2,129 34 811 399 2,333
Fourth quintile 1,333 1,596 86 2,767 21 679 979 122 944 5,077 2,814 47 613 519 1,882
Highest quintile 2,704 3,320 174 1,922 32 951 1,339 155 1,234 4,685 2,728 48 917 1,027 2,062
               
REGION                
               
Northeast 1,528 1,807 128 1,506 19 940 1,489 134 1,486 6,748 3,293 49 879 950 3,481
Midwest 1,217 1,430 95 1,851 17 663 1,264 116 875 4,416 1,814 44 817 740 1,713
South 635 716 75 1,924 15 542 812 89 626 3,696 2,135 45 786 465 1,693
West 1,023 1,189 103 2,666 21 922 718 106 1,576 5,356 3,112 53 935 761 2,447
               
TENURE                
               
Owner 906 1,030 67 1,195 13 470 620 71 490 2,579 1,368 26 490 466 1,255
Renter 81 84 37 1,789 14 401 735 53 (B) 6,163 3,005 31 488 297 948
(B) Base is less than 200,000
1 Includes mortgages held from sale of real estate, amount due from sale of business or property, and other financial assets.

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