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Wealth and Asset Ownership






Table 7. Standard Errors for Mean 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 11,295 686 8,985 65 9,687 13,833 86 3,092 20,657 11,665 225 2,514 1,128 13,554
RACE AND HISPANIC ORIGIN OF HOUSEHOLDER
White Alone 13,517 782 9,562 74 6,371 15,150 97 3,517 22,661 12,779 243 2,757 1,251 14,938
White Alone(Not of Hispanic Origin) 15,325 832 9,743 82 6,508 16,260 106 3,636 23,857 13,265 250 2,857 1,326 15,366
Black Alone 4,361 778 4,216 124 13,178 34,504 206 3,952 59,136 16,015 633 3,995 2,603 21,409
Asian Alone 27,164 3,196 31,128 390 56,485 46,949 440 14,527 118,470 18,131 1,934 7,401 7,786 56,543
Other (residual) 67,811 3,080 16,739 163 372,203 99,916 412 6,662 72,824 22,514 487 12,344 3,940 25,063
Hispanic Origin 8,099 1,824 29,730 110 28,438 28,467 182 12,683 28,779 13,897 555 5,267 2,799 42,613
Not of Hispanic Origin 12,614 726 9,181 71 9,984 14,687 93 3,176 21,685 12,130 232 2,603 1,192 14,032
AGE OF HOUSEHOLDER
Less than 35 years 6,634 1,208 13,645 105 2,195 30,079 138 1,961 44,312 29,634 262 1,782 1,378 9,816
35 to 44 years 9,440 839 15,104 103 3,630 24,362 194 10,981 28,134 31,888 282 2,131 1,663 42,857
45 to 54 years 23,673 1,803 17,488 112 8,253 31,600 199 5,651 17,345 12,248 489 2,558 2,164 33,867
55 to 64 years 38,872 1,973 20,322 220 41,136 24,772 259 6,447 29,061 16,241 470 4,660 3,958 32,501
65 years and over 37,986 1,604 15,633 205 22,834 48,857 163 4,059 74,305 36,542 854 10,533 5,042 19,091
65 to 69 years 29,276 2,442 39,742 426 61,445 47,874 337 9,043 50,149 59,520 1,422 29,642 8,514 42,617
70 to 74 years 128,120 4,461 17,868 226 22,205 186,651 372 5,997 261,189 71,287 1,556 8,438 7,973 42,066
75 and over 44,222 2,058 21,600 317 29,648 17,054 194 5,874 45,958 59,546 1,405 8,077 7,864 22,696
EDUCATION OF HOUSEHOLDER
No High School Diploma 4,846 1,686 54,182 160 53,116 30,443 185 3,919 41,946 15,674 743 10,012 3,067 43,596
High School Graduate Only 12,635 914 19,082 126 6,636 32,734 145 4,693 20,754 11,653 612 3,985 1,995 26,773
Some College, No Degree 27,431 1,250 26,773 134 11,911 34,007 201 3,617 25,551 25,991 390 3,965 2,324 23,108
Associate's Degree 25,760 1,011 17,793 137 25,596 38,209 178 2,743 23,281 9,328 340 3,261 2,124 30,394
Bachelor's Degree or Higher 31,267 1,688 12,698 148 17,426 20,034 198 8,847 44,088 25,540 401 4,916 2,183 25,771
TYPE OF HOUSEHOLD BY AGE OF HOUSEHOLDER
Married-couple households 20,773 827 11,120 92 13,689 16,442 129 3,085 28,079 13,784 281 3,601 1,492 18,309
Less than 35 years 5,344 928 8,985 170 3,258 28,741 201 2,442 60,668 45,142 403 2,231 1,859 12,022
35 to 54 years 20,246 1,023 15,132 108 5,373 25,547 191 4,360 15,464 9,172 355 2,202 1,695 32,967
55 to 64 years 67,436 2,291 17,652 277 56,116 31,420 389 9,064 40,274 14,016 564 6,146 5,344 39,863
65 years and over 89,899 2,895 23,707 334 36,506 25,206 283 7,434 119,100 57,598 1,182 17,487 7,037 28,706
Male householder 10,789 2,529 31,254 206 16,589 37,746 191 10,089 36,502 27,199 503 3,860 2,837 22,728
Less than 35 years 25,358 4,770 5,989 141 3,197 104,331 332 5,043 28,569 23,165 359 5,168 3,554 30,242
35 to 54 years 15,450 4,735 18,012 188 18,252 48,999 346 21,725 65,833 34,738 804 3,988 3,922 20,621
55 to 64 years 23,132 5,950 134,637 938 18,908 53,572 427 17,262 35,324 108,001 1,883 11,569 10,036 9,742
65 years and over 21,524 2,979 23,397 926 69,318 76,047 326 7,615 111,902 26,674 1,280 13,723 16,765 59,790
Female householder 6,082 1,056 15,298 70 9,471 33,612 98 8,552 20,445 33,080 504 2,137 1,658 26,516
Less than 35 years 2,817 647 60,336 199 3,171 40,120 191 3,907 66,590 21,159 319 2,541 1,733 11,451
35 to 54 years 14,894 1,334 32,980 78 7,881 19,059 177 25,291 18,316 95,979 411 2,395 2,588 71,491
55 to 64 years 10,244 4,628 23,965 170 13,044 15,570 276 5,867 35,302 27,177 702 5,993 4,185 80,027
65 years and over 9,591 1,861 23,461 153 21,878 198,728 164 4,148 38,741 21,490 1,572 4,667 5,429 23,228
LABOR FORCE ACTIVITY OF HOUSEHOLDERS UNDER 65 YEARS
Total 10,365 753 10,618 66 10,547 14,407 99 3,845 13,725 10,162 205 1,611 1,151 17,656
With labor force activity 11,472 793 8,961 63 12,309 15,487 102 4,316 15,296 11,417 211 1,435 1,143 17,428
With job entire period 10,494 874 9,446 67 13,506 16,441 111 4,688 16,001 12,249 222 1,525 1,211 18,245
With job part of period 7,653 1,580 33,231 218 7,436 18,734 228 5,123 48,420 33,664 621 4,507 3,338 15,482
No job during period, spent time looking or on layoff 245,565 2,610 45,762 291 17,290 55,591 846 27,996 156,232 43,002 2,322 7,582 10,419 225,490
No labor force activity 24,124 2,283 33,260 257 9,897 23,304 318 8,123 30,363 21,564 704 7,166 5,087 57,183
MONTHLY HOUSEHOLD INCOME
Lowest quintile 5,738 980 13,230 93 38,272 19,610 143 3,445 23,047 12,126 1,195 6,121 4,132 16,683
Second quintile 5,153 932 10,123 85 7,342 36,072 145 4,107 37,871 12,254 594 4,955 1,700 10,042
Third quintile 37,552 1,149 12,159 93 6,658 31,470 151 2,774 17,306 19,360 407 3,329 1,497 11,154
Fourth quintile 33,920 1,339 15,946 149 33,255 27,896 183 10,842 22,609 12,487 449 3,133 1,676 28,430
Highest quintile 23,321 1,950 19,039 218 11,672 28,312 258 5,487 46,841 27,106 387 5,887 2,445 32,331
HOUSEHOLD NET WORTH
Negative or Zero 664 134 4,635 46 1,313 4,816 165 3,190 51,488 4,076 180 749 525 2,772
$1 to $4,999 28 87 0 64 1,455 641 70 1,073 7,211 2,627 298 841 468 1,228
$5,000 to $9,999 43 150 1,420 89 781 1,176 178 1,009 8,391 1,587 183 597 617 2,142
$10,000 to $24,999 108 185 2,361 98 623 6,285 182 543 8,995 2,165 330 724 544 3,068
$25,000 to $49,999 168 260 2,924 123 1,207 1,753 198 575 5,566 2,960 265 577 556 2,693
$50,000 to $99,999 267 326 3,747 146 1,026 1,776 150 544 7,093 2,996 231 778 665 6,942
$100,000 to $249,999 607 423 3,212 126 1,029 2,404 154 847 4,123 3,360 272 752 875 3,563
$250,000 to $499,999 1,223 984 4,553 267 1,991 5,030 254 1,833 5,396 4,554 425 1,514 1,754 6,177
$500,000 and over 85,655 3,548 14,454 331 28,962 44,864 377 15,918 39,012 26,767 748 8,078 4,812 31,522
REGION
Northeast 11,945 1,423 22,461 121 5,065 26,791 208 13,802 45,333 33,445 456 9,825 2,623 13,627
Midwest 14,363 1,058 11,356 96 5,290 23,805 164 2,206 13,007 19,237 366 3,192 2,106 17,032
South 13,304 906 16,425 134 12,818 31,322 136 2,343 17,576 10,811 488 2,834 1,731 12,217
West 42,447 2,079 19,914 142 36,766 15,525 204 7,736 62,650 33,958 474 3,665 2,844 39,223
TENURE
Owner 14,766 826 9,577 88 6,530 16,199 111 3,092 21,765 12,695 227 2,840 1,331 15,218
Renter 16,107 1,107 22,631 72 60,847 21,285 99 0 58,628 19,734 818 3,048 1,572 16,003
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