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
