U.S. Department of Commerce

Wealth and Asset Ownership




Table 6. Standard Errors for Median Value of Assets for Households, by Type of Asset Owned and Selected Characteristics: 2004

  Net Worth 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. Saving Bonds IRA or KEOGH Accounts 401K & thrift Savings Plan Other Assets
TOTAL 746 44 1,164 10 331 683 38 694 3,244 1,825 14 310 287 1,597
RACE AND HISPANIC ORIGIN OF HOUSEHOLDER
White Alone 1,006 53 1,240 11 354 729 43 734 3,531 1,914 15 334 351 1,684
White Alone(Not of Hispanic Origin) 1,231 62 1,278 13 370 756 48 793 3,649 1,952 16 356 378 1,717
Black Alone 436 56 2,611 16 952 2,170 97 1,527 8,344 5,534 46 982 458 6,213
Asian Alone 5,963 345 5,647 95 1,838 3,889 313 8,717 21,037 22,935 183 1,450 1,543 22,425
Other (residual) 2,014 117 2,661 44 1,588 3,424 210 3,531 19,962 10,499 73 1,391 1,089 6,060
Hispanic Origin 516 68 6,099 24 762 1,073 104 2,269 15,472 8,038 57 716 503 5,379
Not of Hispanic Origin 901 50 1,216 10 343 708 41 712 3,305 1,862 15 324 320 1,634
AGE OF HOUSEHOLDER
Less than 35 years 323 37 2,160 17 266 1,298 76 834 6,837 4,362 21 258 259 2,130
35 to 44 years 1,299 72 1,335 18 536 1,352 90 1,192 7,373 3,882 29 491 553 2,337
45 to 54 years 2,371 103 2,361 22 700 1,274 99 1,459 7,423 3,489 33 639 755 3,393
55 to 64 years 3,791 179 2,121 28 898 1,844 120 1,967 6,344 5,176 44 946 1,069 4,473
65 years and over 2,812 215 3,057 28 1,236 2,251 92 1,545 6,175 3,812 59 1,219 1,518 4,069
65 to 69 years 6,388 370 5,653 48 2,411 3,320 205 3,167 11,791 6,991 94 2,405 2,799 8,604
70 to 74 years 5,962 451 5,101 65 2,485 1,864 208 3,269 12,733 7,905 162 2,659 2,923 6,427
75 and over 3,663 320 4,583 43 1,770 4,938 112 2,171 9,525 6,265 108 1,638 2,704 5,861
EDUCATION OF HOUSEHOLDER
No High School Diploma 423 91 6,092 21 2,223 3,488 69 1,840 18,193 7,215 98 1,525 548 8,431
High School Graduate Only 1,023 67 6,015 15 898 1,176 61 1,234 6,426 3,687 31 678 520 2,987
Some College, No Degree 1,506 77 3,084 19 590 1,621 91 1,647 7,023 3,907 25 620 588 3,606
Associate's Degree 1,661 77 2,409 17 680 1,287 91 1,436 6,360 2,881 25 630 561 3,104
Bachelor's Degree or Higher 3,234 131 1,474 31 501 1,332 102 1,648 6,143 4,268 28 562 647 2,809
TYPE OF HOUSEHOLD BY AGE OF HOUSEHOLDER
Married-couple households 1,751 70 1,454 17 484 809 71 957 4,008 2,172 20 455 450 2,161
Less than 35 years 897 68 2,720 24 455 1,627 129 1,045 6,948 4,002 34 419 436 1,878
35 to 54 years 2,508 99 1,640 24 601 1,091 109 1,247 5,843 3,124 27 558 632 2,824
55 to 64 years 6,506 266 2,589 46 1,266 2,118 186 2,703 8,922 6,572 67 1,312 1,503 5,248
65 years and over 5,823 392 4,938 52 2,420 2,720 178 2,370 9,177 5,495 112 2,037 2,821 7,356
Male householder 690 83 4,236 25 442 1,741 66 1,609 9,737 4,494 32 624 558 2,905
Less than 35 years 430 52 4,463 49 572 1,942 127 2,297 21,608 10,496 28 465 435 6,858
35 to 54 years 1,278 127 1,869 39 590 2,406 110 2,113 13,215 6,107 85 917 1,016 4,192
55 to 64 years 3,656 403 14,114 54 1,624 8,317 171 3,760 14,562 11,180 94 2,279 2,825 11,399
65 years and over 5,251 536 7,851 79 2,257 7,896 172 4,001 41,103 9,684 174 3,078 4,188 4,233
Female householder 591 54 1,984 12 531 1,492 47 1,284 6,779 4,102 20 388 367 3,408
Less than 35 years 237 44 2,887 27 364 2,088 105 2,078 32,592 19,523 26 358 289 744
35 to 54 years 760 59 2,472 17 872 2,161 95 1,673 14,163 4,598 39 515 555 4,746
55 to 64 years 3,178 172 3,826 27 1,252 3,248 139 3,081 11,215 12,772 33 1,132 1,405 6,688
65 years and over 3,030 228 3,625 29 1,291 3,870 84 1,911 9,575 6,783 100 1,359 1,284 7,702
LABOR FORCE ACTIVITY OF HOUSEHOLDERS UNDER 65 YEARS
Total 656 38 1,115 11 293 717 46 716 3,601 2,091 13 308 298 1,566
With labor force activity 753 40 1,069 12 299 747 51 784 3,940 2,297 14 291 290 1,532
With job entire period 954 46 1,116 14 318 770 57 823 4,189 2,409 15 313 313 1,616
With job part of period 619 91 2,297 29 891 2,490 121 2,313 10,606 7,550 49 776 690 2,816
No job during period, spent time looking or on layoff 1,321 171 22,338 38 2,084 12,239 235 4,713 23,485 15,485 143 3,233 2,437 13,391
No labor force activity 1,213 136 4,229 20 1,098 3,057 109 2,015 7,963 6,566 63 1,443 1,325 6,868
MONTHLY HOUSEHOLD INCOME
Lowest quintile 234 49 3,892 8 1,073 1,252 38 1,571 7,831 5,908 45 1,160 610 6,313
Second quintile 816 54 3,558 14 912 1,386 58 1,509 6,217 4,824 24 811 281 3,575
Third quintile 1,329 67 2,338 17 747 1,273 82 1,371 7,790 3,485 26 542 301 2,956
Fourth quintile 2,214 85 2,868 27 550 1,509 109 1,344 6,439 3,102 31 560 498 3,385
Highest quintile 4,541 192 1,801 42 579 1,829 145 1,999 6,305 4,399 35 693 908 3,419
REGION
Northeast 1,994 110 2,541 22 692 1,993 94 2,178 9,690 4,256 45 705 858 3,540
Midwest 1,713 89 2,246 17 858 1,308 77 1,130 5,756 3,193 23 557 652 4,566
South 980 68 2,221 15 442 888 64 908 4,348 2,679 22 567 405 2,867
West 2,061 102 2,640 25 708 1,703 84 2,619 8,240 5,427 34 616 595 2,444
TENURE
Owner 1,428 63 1,219 16 371 770 57 694 3,544 1,916 17 383 393 1,825
Renter 86 25 3,793 11 447 1,283 44 0 8,886 4,368 23 372 240 2,605
NOTE: In dollars. Excludes group quarters.
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Source: U.S. Census Bureau, Housing and Household Economic Statistics Division
Last Revised: October 31, 2011