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Wealth and Asset Ownership






Asset Ownership of Households: 1998

Table 4.  Percent Distribution of Household Net Worth, by Amount of Net Worth and Selected Characteristics:  1998
(Excludes group quarters.)                    
Characteristics Number of households (thousands) Amount of net worth (in dollars)
Zero $1 $5,000 $10,000 $25,000 $50,000 $100,000 $250,000 $500,000
or to to to to to to to and
negative $4,999 $9,999 $24,999 $49,999 $99,999 $249,999 $499,999 over
         
         
     Total 101,782 15.3 10.2 5.6 9.1 10.5 15.1 18.9 8.8 6.4
         
RACE AND HISPANIC ORIGIN OF          
HOUSEHOLDER          
         
White 85,927 12.9 9.3 5.2 8.8 10.3 15.5 20.8 10 7.3
White Not of Hispanic Origin 78,140 11.6 8.4 4.8 8.4 10.3 16 21.9 10.7 7.9
Black 12,156 31.4 15.5 8 11.6 12.5 12.7 6.8 1 0.5
Hispanic Origin 8,587 27.3 18.7 8.4 12 10 10.2 9.1 2.8 1.4
Not of Hispanic Origin 93,196 14.2 9.4 5.3 8.9 10.5 15.5 19.8 9.3 6.9
         
AGE OF HOUSEHOLDER          
         
Less than 35 years 23,293 28.8 17.3 9.9 14.1 10.7 9.2 7.3 1.9 0.8
35 to 44 years 24,224 16.1 11 5.9 10.5 12.5 16.2 17.1 6.7 4.1
45 to 54 years 19,598 12 6.8 4.5 7.7 11 16.1 22.4 11.2 8.4
55 to 64 years 12,983 9.5 6.9 3.1 6.1 8.4 16.1 23.9 13.4 12.5
65 years and over 21,684 6.5 6.8 3.1 5.3 9 18.7 27.4 13.5 9.7
65 to 69 years 5,886 7.4 5.9 2.3 4.6 7.3 17.5 26.3 16.8 11.6
70 to 74 years 5,707 6.2 6.5 3.4 5.2 9.2 16.9 27.4 14.4 10.6
75 and over 10,091 6 7.4 3.5 5.8 9.8 20.5 28 11.1 8
         
EDUCATION OF HOUSEHOLDER          
         
No High School Diploma 18,004 22.3 16.6 6.8 9.5 11.8 15.3 13.5 3 1.3
High School Graduate Only 30,632 15 11.1 6.4 9.7 11.1 16.6 18.8 7.4 3.9
Some College, No Degree 18,112 16.3 10.8 5.6 10.5 10.4 13.6 18.6 8.8 5.4
Associates's Degree 10,627 13.5 9.1 5.8 10.2 10.4 16.7 20.6 9 4.8
Bachelor's Degree or Higher 24,407 10.7 4.5 3.5 6.7 8.9 13.5 22.7 14.6 14.9
         
TYPE OF HOUSEHOLD BY AGE OF          
HOUSEHOLDER          
         
Married-couple household 55,432 10.1 6.5 4.4 8.3 10.8 16.3 22.4 11.6 9.6
Less than 35 years 11,713 21.1 13.3 8.9 15.4 13.7 12.8 10.9 2.8 1.1
35 to 54 years 26,797 9.1 5.6 3.9 8 11.7 18 23.8 11.3 8.6
55 to 64 years 7,867 5.6 3.2 2 4.7 7.5 15.6 25.7 17.6 18
65 years and over 9,055 2.6 3.1 2.2 3.3 7 16.6 30.3 18.8 16.1
Male householder 17,123 19.9 15.4 7.4 11.4 11 12.8 13.5 5.1 3.5
Less than 35 years 5,174 28.4 19.5 12.4 14.4 10.3 7 5.5 1.7 0.7
35 to 54 years 7,087 19.6 14.9 6.8 11.7 12.3 13.6 13.3 5.2 2.7
55 to 64 years 1,741 14.5 14.9 4 10 8.2 15.4 19.6 7.4 6.1
65 years and over 3,121 9.6 9.9 2.4 6.5 10.7 19.2 24 9.3 8.3
Female householder 29,227 22.5 14.3 6.7 9.3 9.7 14.1 15.5 5.5 2.2
Less than 35 years 6,406 43.4 23 9.7 11.4 5.3 4.1 2.2 0.6 0.3
35 to 54 years 9,938 24.2 14.5 7.6 11.1 11.7 13 12.2 4 1.6
55 to 64 years 3,375 16.1 11.5 5.1 7.4 10.5 17.5 21.9 7 2.8
65 years and over 9,508 9.1 9.2 4.3 6.8 10.3 20.6 25.7 9.9 4
         
LABOR FORCE ACTIVITY OF          
HOUSEHOLDERS UNDER 65 YEARS          
         
Total 80,099 17.7 11.1 6.2 10.2 10.9 14.1 16.6 7.5 5.6
With labor force activity 67,694 16.3 10.7 6.3 10.5 11.5 14.5 17.1 7.7 5.4
With job entire period 60,196 14.5 9.6 6 10.4 11.9 15.3 18.2 8.3 5.8
With job part of period 6,721 29.5 19 8.7 11.8 8 8.4 8.7 3.5 2.3
No job during period, spent          
looking or on layoff 777 42.1 18.9 8 4.8 8.2 5.9 8.7 1.7 1.7
No labor force activity 11,862 25.1 13.4 5.6 8.3 8 12.4 14.5 6.3 6.5
         
Monthly Household Income          
         
Lowest quintile 20,385 29.5 18.3 6.8 8.1 9.6 12.5 11.4 2.4 1.2
Second quintile 20,347 17 15.4 7.8 10.3 10.1 15.3 16.5 5.4 2.2
Third quintile 20,344 13.8 10 7.1 11.9 11.2 15.6 17.8 8.4 4.2
Fourth quintile 20,351 10.3 5.3 4.2 10.7 13.6 17.5 22.1 10.5 5.8
Highest quintile 20,354 5.9 2 2 4.7 8.1 14.6 26.9 17.2 18.7
         
REGION          
         
Northeast 19,155 16.9 8.8 4.5 7.3 8.3 15.3 21.4 10.4 7.1
Midwest 24,700 13.1 8.7 4.9 8.1 11.5 16.6 21.4 8.9 6.8
South 35,727 15.3 10.5 6.5 10.9 12.5 16 16.4 7.1 4.8
West 21,157 16.5 12.6 5.8 9.1 8.1 11.6 18.2 10.1 8.1
         
TENURE          
         
Owner 67,545 4.5 2.1 2.5 8 13.1 20.6 27.1 12.6 9.3
Renter 34,237 36.6 26.2 11.7 11.4 5.3 4.2 2.7 1.2 0.7

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