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Wealth and Asset Ownership






Asset Ownership of Households: 1998

Table 8.  Standard Errors for Median Net Worth and Median Net Worth
 Excluding Home Equity, by Age Group and Income Quintile: 1998e: 1998
Std err (Med
Std err (Med excluding
Income quintile Age Count 401K/Thrift) Home Equity)
Lowest quintile Less than 35 4,672,637 116.98 77.01
Second quintile Less than 35 5,154,287 237.98 188.83
Third quintile Less than 35 5,311,718 480.23 326.9
Fourth quintile Less than 35 4,885,332 1,033.62 557.95
Highest quintile Less than 35 3,269,350 2,837.13 1,606.07
Lowest quintile 35 - 44 years 3,255,284 215.89 124.38
Second quintile 35 - 44 years 3,865,306 563.97 232.63
Third quintile 35 - 44 years 4,937,676 1,091.47 456.03
Fourth quintile 35 - 44 years 6,004,751 1,855.04 884.85
Highest quintile 35 - 44 years 6,161,444 3,857.84 2,614.50
Lowest quintile 45 - 54 years 2,634,950 546.77 172.26
Second quintile 45 - 54 years 2,574,524 1,493.51 394.57
Third quintile 45 - 54 years 3,560,621 2,559.98 716.36
Fourth quintile 45 - 54 years 4,445,785 3,067.41 1,155.22
Highest quintile 45 - 54 years 6,382,005 5,714.04 3,701.18
Lowest quintile 55 - 64 years 2,387,973 1,185.92 252.67
Second quintile 55 - 64 years 2,412,656 3,441.29 607.82
Third quintile 55 - 64 years 2,582,871 4,668.37 1,598.41
Fourth quintile 55 - 64 years 2,667,609 6,753.27 3,337.22
Highest quintile 55 - 64 years 2,932,054 11996.91 8,642.26
Lowest quintile = > 65 years 7,434,543 1,554.58 129.45
Second quintile = > 65 years 6,340,685 2,692.47 977.28
Third quintile = > 65 years 3,947,953 5,779.77 3,075.37
Fourth quintile = > 65 years 2,347,546 10752.46 7,192.60
Highest quintile = > 65 years 1,605,659 23830.23 22354.55
Lowest quintile 65 - 69 years 1,476,778 2,936.48 208.6
Second quintile 65 - 69 years 1,499,886 6,046.06 2,216.08
Third quintile 65 - 69 years 1,363,804 9,748.25 4,521.82
Fourth quintile 65 - 69 years 884,306 16652.1 9,389.63
Highest quintile 65 - 69 years 653,647 31253.18 26021.9
Lowest quintile 70 - 74 years 1,760,861 2,941.20 235.33
Second quintile 70 - 74 years 1,726,988 5,197.10 1,803.56
Third quintile 70 - 74 years 1,123,248 10127.14 4,907.49
Fourth quintile 70 - 74 years 652,166 20265.23 13957.04
Highest quintile 70 - 74 years 443,328 53434.92 46077.24
Lowest quintile = > 75 years 4,196,904 2,184.64 228.6
Second quintile = > 75 years 3,113,812 3,591.60 1,378.27
Third quintile = > 75 years 1,460,900 10169.33 6,383.00
Fourth quintile = > 75 years 811,074 18406.46 15958.49
Highest quintile = > 75 years 508,684 48745.37 46583.45

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