U.S. Department of Commerce

Wealth and Asset Ownership






Asset Ownership of Households: 2000

Table 7.  Standard Errors for Average (Mean) 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 3,748 3,862 1,323 10,573 57 4,548 9,942 83 1,351 8,137 5,456 579 2,243 1,568 8,477
               
RACE AND HISPANIC ORIGIN OF HOUSEHOLDER                
               
White 4,318 4,439 1,479 10,936 65 4,852 10,719 92 1,479 8,257 5,787 627 2,371 1,683 8,886
White Not of Hispanic Origin 4,744 4,874 1,577 11,045 68 4,992 11,262 98 1,568 8,729 5,813 643 2,438 1,762 9,320
Black 2,808 2,895 546 (B) 65 14,631 38,410 185 1,911 6,814 6,103 691 5,220 2,023 (B)
Hispanic Origin 3,750 3,907 1,007 (B) 198 10,480 25,475 202 2,846 12,920 38,896 940 5,713 3,871 3,274
Not of Hispanic Origin 4,087 4,210 1,406 10,674 60 4,676 10,490 88 1,427 8,571 5,478 593 2,306 1,638 8,897
               
AGE OF HOUSEHOLDER                
               
Less than 35 years 3,486 3,537 2,450 (B) 56 5,253 16,803 133 1,607 12,943 9,926 761 1,537 942 14,824
35 to 44 years 7,488 7,708 2,897 31,276 122 8,056 20,407 166 2,177 7,317 11,985 288 3,100 1,983 14,442
45 to 54 years 11,219 11,498 2,897 10,028 101 7,910 19,671 200 3,954 12,692 13,009 369 3,149 3,044 25,151
55 to 64 years 10,915 11,573 2,083 23,775 148 13,088 21,403 269 3,879 23,008 13,991 3,195 5,885 6,122 12,177
65 years and over 7,726 7,861 3,414 18,224 213 12,813 33,334 173 2,190 19,380 7,100 1,631 6,753 15,367 16,826
65 to 69 years 18,001 18,216 8,295 73,227 621 31,879 74,147 376 4,232 33,926 16,616 1,131 13,132 14,894 42,002
70 to 74 years 15,541 15,812 8,394 17,601 160 27,533 41,495 352 4,034 43,385 9,429 2,207 11,342 19,545 16,034
75 and over 9,709 9,924 3,315 14,514 270 13,468 26,476 214 3,295 25,219 10,072 3,661 10,201 56,976 27,322
               
EDUCATION OF HOUSEHOLDER                
               
No High School Diploma 2,969 2,996 4,982 (B) 190 7,569 9,970 166 1,605 19,847 12,062 659 3,493 2,844 9,118
High School Graduate Only 3,875 3,951 2,102 8,697 56 8,883 15,575 139 1,418 17,161 11,524 1,655 3,784 1,951 7,048
Some College, No Degree 8,760 8,957 2,508 14,153 92 10,360 17,373 181 2,271 15,709 10,714 1,523 5,792 2,510 17,302
Associate's Degree 12,886 13,017 1,101 12,128 189 13,343 32,271 252 2,284 13,601 11,006 1,878 4,955 2,670 18,157
Bachelor's Degree or Higher 11,417 11,804 3,011 18,092 154 7,442 21,363 192 4,246 15,393 10,522 427 3,838 3,482 18,533
               
TYPE OF HOUSEHOLD BY AGE OF HOUSEHOLDER                
               
Married-couple households 6,182 6,367 1,841 14,684 78 5,931 12,036 123 1,912 9,336 7,024 692 3,017 1,956 12,148
Less than 35 years 5,877 5,951 643 (B) 86 6,464 18,243 200 1,905 14,493 12,407 950 2,001 1,259 5,955
35 to 54 years 9,784 10,051 2,813 18,042 96 7,370 17,268 180 2,995 7,360 10,922 252 2,708 2,249 21,147
55 to 64 years 16,783 17,798 2,925 25,243 165 15,485 26,091 374 5,358 28,038 16,698 4,194 7,548 7,909 14,830
65 years and over 15,505 15,621 6,181 31,124 394 19,584 37,860 285 3,534 22,635 10,550 1,334 10,406 13,045 27,090
Male householder 8,083 8,189 4,420 28,545 160 11,832 22,846 150 2,826 16,974 8,799 731 4,955 3,001 22,344
Less than 35 years 7,751 7,794 10,517 (B) 82 14,378 47,215 238 4,471 (B) (B) 407 4,263 1,898 (B)
35 to 54 years 15,344 15,459 4,855 (B) 301 11,151 26,362 213 3,509 16,721 15,130 992 6,181 3,408 14,686
55 to 64 years 21,252 22,032 3,358 (B) 606 55,775 (B) 546 8,192 (B) (B) (B) 17,047 17,696 (B)
65 years and over 19,268 19,737 12,922 (B) 464 38,567 (B) 429 7,229 (B) 13,629 2,724 13,313 (B) (B)
Female householder 2,864 3,032 896 12,468 96 7,981 20,915 111 1,664 25,620 12,061 1,586 3,042 3,936 9,193
Less than 35 years 2,482 2,709 3,482 (B) 118 7,134 (B) 230 3,774 (B) (B) 2,306 1,640 2,039 (B)
35 to 54 years 4,112 4,471 807 (B) 103 6,637 37,697 195 2,734 47,256 24,744 681 4,571 3,863 8,760
55 to 64 years 8,697 8,894 2,226 (B) 289 20,738 24,872 348 4,634 34,586 39,110 820 7,037 4,696 (B)
65 years and over 6,459 6,837 1,445 17,912 263 17,211 (B) 180 2,523 43,246 10,506 4,471 6,225 45,543 11,203
               
LABOR FORCE ACTIVITY OF                
HOUSEHOLDERS UNDER 65 YEARS                
               
     Total 4,264 4,412 1,379 11,954 53 4,510 10,413 94 1,634 8,492 6,926 605 2,068 1,474 9,507
With labor force activity 4,580 4,722 1,491 12,896 56 4,402 10,361 98 1,401 9,570 7,512 677 1,848 1,463 7,884
With job entire period 5,071 5,220 1,561 13,484 55 4,686 10,734 105 1,418 9,855 7,873 719 1,864 1,498 8,502
With job part of period 5,751 6,271 5,169 (B) 279 7,201 16,868 256 7,355 (B) 21,964 1,075 9,696 6,214 (B)
No job during period,                
spent time looking                
or on layoff 21,232 25,378 6,418 (B) 733 18,995 29,360 781 22,950 11,089 125,104 2,675 32,526 51,343 32,448
No labor force activity 12,028 12,659 3,595 30,856 176 19,382 63,420 314 8,097 16,871 18,086 563 10,270 7,963 48,801
                 
Monthly Household Income                  
                 
Lowest quintile 2,722 2,779 2,978 5,138 164 5,851 10,997 147 2,786 29,117 17,949 986 7,290 5,179 8,481
Second quintile 3,725 3,783 2,678 5,486 123 7,471 16,218 135 2,001 14,890 11,794 937 6,961 2,648 8,867
Third quintile 4,917 5,021 2,665 8,727 144 6,303 18,046 164 1,748 19,133 8,491 1,020 3,735 2,381 5,938
Fourth quintile 7,524 7,676 2,433 11,517 95 6,794 15,367 183 2,156 16,141 13,830 864 4,528 1,936 14,323
Highest quintile 15,297 15,687 3,311 23,522 122 10,305 23,845 228 4,163 14,345 9,614 1,296 3,979 3,373 23,807
                 
Household Net Worth                  
                 
Negative or Zero 1,109 1,080 221 (B) 55 3,080 7,599 174 4,394 (B) (B) 284 2,120 976 (B)
$1 to $4,999 63 32 80 (B) 34 732 (B) 77 794 (B) (B) 90 502 526 (B)
$5,000 to $9,999 112 43 141 (B) 64 441 1,808 140 525 (B) (B) 226 682 409 (B)
$10,000 to $24,999 169 105 160 (B) 101 863 1,341 163 383 (B) (B) 153 662 376 (B)
$25,000 to $49,999 276 155 219 (B) 104 579 1,893 163 386 (B) 1,407 268 659 581 1,812
$50,000 to $99,999 387 267 263 (B) 94 701 1,958 164 468 2,955 5,975 336 732 686 2,391
$100,000 to $249,999 786 661 439 2,450 165 954 2,380 168 808 3,160 2,494 447 920 1,073 2,641
$250,000 to $499,999 2,078 1,526 1,175 4,309 252 2,331 5,938 323 2,024 5,106 3,886 833 2,229 2,758 4,665
$500,000 and over 37,631 37,755 10,913 20,302 428 18,001 40,655 454 9,841 20,726 16,345 3,033 8,116 9,684 29,827
               
REGION                
               
Northeast 8,935 9,302 3,103 17,635 89 9,905 25,847 220 3,033 30,954 15,165 1,618 5,378 3,591 40,233
Midwest 8,416 8,623 3,195 31,321 121 6,728 26,778 162 1,809 10,792 8,323 1,005 3,814 3,034 11,865
South 5,385 5,497 1,711 16,846 110 8,798 11,591 138 1,637 9,866 10,643 973 4,575 2,162 8,179
West 8,727 9,065 2,848 12,783 129 10,832 18,687 170 5,009 17,614 10,875 778 4,495 4,261 18,923
               
TENURE                
               
Owner 5,281 5,438 1,608 11,437 73 4,987 11,394 106 1,351 8,724 6,010 659 2,477 1,920 10,003
Renter 3,054 3,091 2,001 21,393 88 10,874 17,985 102 (B) 15,154 11,130 762 4,705 1,529 8,068
(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.

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