US Federal Reserve: bulletin tables

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1. Before-tax family income, percentage of families that saved, and distribution of families, by selected characteristics of families, 1989-2004 surveys

Thousands of 2004 dollars except as noted

Family characteristic

1989 1992

Income Income

Median Mean Median Mean

All Families 37.7 59.5 n/a 100.0 35.1 52.8 57.1 100.0

Percentiles of income

Less than 20 9.2 8.7 n/a 20.0 8.9 8.6 30.2 20.0

20-39.9 21.4 21.5 n/a 20.0 20.9 20.9 49.1 20.0

40-59.9 37.7 37.9 n/a 20.0 35.1 35.8 59.2 20.0

60-79.9 59.6 59.9 n/a 20.0 55.7 57.0 70.0 20.0

80-89.9 87.2 89.6 n/a 10.0 83.1 84.6 71.6 10.0

90-100 152.9 249.2 n/a 10.0 141.9 198.1 82.0 10.0

Age of head (years)

Less than 35 30.6 40.8 n/a 28.1 32.4 39.9 59.1 25.8

35-44 53.5 72.4 n/a 21.5 47.3 61.4 56.9 22.845-54 56.6 88.5 n/a 15.2 55.0 74.7 59.0 16.2

55-64 38.7 69.9 n/a 13.9 39.2 65.4 59.2 13.2

65-74 23.7 48.6 n/a 12.5 23.5 38.2 54.1 12.6

75 or more 20.2 37.1 n/a 8.9 18.1 30.8 49.4 9.4

Education of head

No high school diploma 20.0 28.6 n/a 24.3 16.2 23.0 38.1 20.4

High school diploma 33.1 43.8 n/a 32.2 31.4 39.6 56.8 30.0

Some college 42.8 59.7 n/a 15.7 36.5 48.8 59.5 17.8

College degree 61.2 104.5 n/a 27.8 59.4 86.4 68.1 31.9

Race or ethnicity of respondent

White non-Hispanic 44.3 68.2 n/a 74.8 40.5 58.3 61.1 75.3

Nonwhite or Hispanic 21.4 33.8 n/a 25.2 24.3 35.9 44.9 24.7

Current work status of head

Working for someone else 47.1 60.1 n/a 57.0 45.4 57.7 63.2 54.8S lf l d 55 0 135 5 / 11 1 59 1 100 5 59 4 10 9

Percentage of families that

savedPercentage of

families

Percentage of families that

savedPercentage of

families






1995 1998

Income Income


All Families 37.8 54.9 55.2 100.0 38.8 61.7 55.9 100.0


Less than 20 8.5 8.2 31.6 20.0 9.6 9.2 32.1 20.0

20-39.9 21.7 21.6 43.4 20.0 23.5 23.4 45.5 20.0

40-59.9 37.8 37.1 57.2 20.0 38.8 39.4 56.1 20.0

60-79.9 56.1 57.0 66.8 20.0 61.8 63.0 67.9 20.0

80-89.9 84.5 85.7 69.9 10.0 91.6 92.2 73.7 10.0

90-100 138.6 215.8 84.2 10.0 151.5 254.5 82.0 10.0

Age of head (years)

Less than 35 31.5 38.4 56.4 24.8 31.8 41.9 53.0 23.3

35-44 47.2 60.0 54.3 23.0 48.8 69.6 57.3 23.3

45-54 49.6 81.4 58.0 17.9 58.8 80.9 57.8 19.2

55-64 41.6 66.4 58.0 12.5 44.7 83.2 61.1 12.8

65-74 23.7 46.1 50.0 12.0 28.2 54.2 56.3 11.2

75 or more 19.7 32.7 51.7 9.8 19.4 33.9 48.6 10.2

Education of head

No high school diploma 17.9 25.8 42.8 18.5 18.0 25.2 39.5 16.5

High school diploma 32.1 43.0 50.6 31.7 33.9 42.9 53.7 31.9

Some college 37.8 49.9 54.1 19.0 41.1 58.9 56.7 18.5

College degree 56.3 87.9 68.2 30.7 63.7 99.3 65.6 33.2


White non-Hispanic 40.7 60.4 59.1 77.6 44.2 68.7 60.0 76.8

Nonwhite or Hispanic 24.4 36.0 41.7 22.4 27.0 38.5 42.3 23.2

Current work status of head Working for someone else 45.4 59.6 60.4 58.3 47.0 62.1 59.8 59.2

Self-employed 46.7 98.5 63.4 10.3 61.1 126.8 61.1 11.3

Retired 20.7 34.5 46.0 25.1 22.3 38.2 48.7 24.4

Other not working 13.9 22.2 30.8 6.4 13.5 25.2 33.3 5.1

Region

Northeast 37.8 60.6 52.6 19.8 41.1 70.7 53.5 19.3

Midwest 38.6 56.0 59.2 23.9 38.2 56.8 58.3 23.6

South 35.0 50.9 54.6 35.1 36.6 57.3 55.0 35.7

West 39.1 55.2 54.0 21.2 42.0 66.2 56.9 21.3

Housing status

Owner 46.7 68.0 61.3 64.7 50.7 77.3 62.2 66.2

Renter or other 22.7 30.9 44.0 35.3 23.5 31.0 43.4 33.8

Percentiles of net worth

Less than 25 17.8 22.9 35.7 25.0 18.5 23.6 36.3 25.0

25-49.9 35.3 38.6 51.4 25.0 35.3 39.3 50.3 25.0

Percentage of

families thatsaved

Percentage of families

Percentage of

families thatsaved







2001 2004

Income Income


All Families 42.5 72.4 59.2 100.0 43.2 70.8 56.1 100.0


Less than 20 10.9 10.7 30.0 20.0 11.1 10.8 34.0 20.0

20-39.9 26.0 25.7 53.4 20.0 25.7 26.1 43.3 20.0

40-59.9 42.5 42.9 61.3 20.0 43.2 43.4 54.5 20.0

60-79.9 69.0 69.4 72.0 20.0 68.2 69.1 69.3 20.080-89.9 105.1 104.4 74.9 10.0 104.7 106.5 77.8 10.0

90-100 180.6 322.4 84.3 10.0 184.8 302.1 80.6 10.0

Age of head (years)

Less than 35 35.6 47.1 52.9 22.7 32.9 45.1 55.0 22.2

35-44 54.7 82.1 62.3 22.3 50.0 73.9 58.0 20.6

45-54 58.0 99.3 61.7 20.6 61.1 94.4 58.5 20.8

55-64 48.2 92.6 62.0 13.2 54.4 100.3 58.5 15.2

65-74 29.6 61.9 61.8 10.7 33.3 59.7 57.1 10.5

75 or more 23.8 39.1 55.5 10.4 23.7 40.9 45.7 10.7

Education of head

No high school diploma 18.1 26.7 38.7 16.0 19.4 25.9 35.9 14.4

High school diploma 36.1 47.7 56.7 31.7 35.7 44.8 54.0 30.6

Some college 43.6 59.1 61.7 18.3 41.1 56.0 51.0 18.4

College degree 72.3 124.2 70.0 34.0 73.3 117.6 68.3 36.6




Current work status of head Working for someone else 50.4 71.7 61.6 60.9 49.3 70.1 59.2 60.1

Self-employed 67.4 147.3 70.4 11.7 66.7 141.6 68.7 11.8

Retired 22.4 42.6 50.6 22.9 24.4 43.2 44.0 23.7


Region

Northeast 44.0 82.7 58.1 19.0 50.9 87.5 59.5 18.8

Midwest 46.7 68.9 63.0 23.0 45.2 67.5 59.9 22.9

South 38.3 65.4 57.3 36.2 37.0 61.9 52.5 36.3

West 43.4 78.9 59.5 21.8 46.2 74.5 55.2 22.0

Housing status

Owner 55.5 90.6 66.7 67.7 55.2 87.4 62.3 69.1

Renter or other 26.3 34.3 43.6 32.3 24.6 33.7 42.3 30.9


Less than 25 21.0 25.6 34.5 25.0 20.5 25.1 34.8 25.0

25 49 9 37 2 42 1 54 2 25 0 37 0 42 2 53 6 25 0

Percentage of families thatsaved


Percentage of families thatsaved




Percent

Reason 1989 1992 1995 1998 2001 2004

Education 8.5 9.1 10.8 11.0 10.9 11.6

For the family 3.1 2.6 2.7 4.1 5.1 4.7

Buying own home 4.9 4.0 5.1 4.4 4.2 5.0

Purchases 12.5 9.7 12.8 9.7 9.5 7.7

Retirement 18.7 19.4 23.7 33.0 32.1 34.7

Liquidity 34.4 33.9 33.0 29.8 31.2 30.0

Investments 8.0 7.6 4.2 2.0 1.0 1.5

No particular reason 1.7 1.7 0.8 1.3 1.1 0.7

When asked for a reason,

reported do not save 8.4 12.0 6.8 4.9 4.9 4.0Total 100 100 100 100 100 100

Note: See note to table 1 and text note 10.

2. Reasons respondents gave as most important for their families' saving, distributed by type of reason, 1989-2004 surveys



3. Family net worth, by selected characteristics of families, 1989-2004 surveys

Thousands of 2004 dollars

Family characteristic1989 1992 1995 1998 2001 2004

Median Mean Median Mean Median Mean Median Mean Median Mean Median Mean

All Families 68.8 272.6 65.2 245.7 70.8 260.8 83.1 327.5 92.2 422.9 93.1 448.2


Less than 20 2.6 36.2 5.2 43.4 7.4 54.7 6.8 55.4 8.4 56.2 7.5 72.6

20-39.9 35.3 96.4 36.6 84.6 41.3 97.4 38.4 111.4 39.9 122.7 33.7 121.5

40-59.9 61.1 148.5 52.1 133.3 57.1 126.0 61.9 146.6 67.8 173.3 72.0 194.6

60-79.9 97.5 199.3 99.3 185.4 93.6 198.5 130.2 238.3 152.6 313.2 160.0 340.8

80-89.9 193.5 326.1 151.8 297.1 157.7 316.8 218.5 377.1 280.3 487.0 313.3 487.4

90-100 569.5 1,438.5 479.3 1,266.0 436.9 1,338.0 524.4 1,793.9 887.9 2,410.9 924.1 2,534.6

Age of head (years)

Less than 35 11.4 68.7 12.0 59.7 14.8 53.2 10.6 74.0 12.5 96.6 14.2 73.5

35-44 82.7 216.4 58.7 175.5 64.2 176.8 73.5 227.6 82.6 276.6 69.4 299.2

45-54 144.8 405.1 103.1 353.3 116.8 364.8 122.5 420.2 141.6 517.6 144.7 542.7

55-64 143.5 451.2 150.2 445.4 141.9 471.0 148.2 617.0 197.4 779.5 248.7 843.8

65-74 112.4 410.2 130.0 377.6 136.6 429.3 169.8 541.1 189.4 722.6 190.1 690.9

75 or more 106.2 354.2 114.5 282.3 114.5 317.9 145.6 360.3 165.4 499.6 163.1 528.1

Education of head

No high school diploma 35.3 121.8 24.6 92.4 27.9 103.7 24.5 91.4 27.2 110.8 20.6 136.5

High school diploma 54.0 163.3 50.7 147.1 63.9 163.7 62.7 182.9 61.8 193.0 68.7 196.8

Some college 67.4 273.3 76.0 226.0 57.6 232.3 85.6 275.5 77.5 305.7 69.3 308.6

College degree 162.8 530.2 129.4 447.5 128.6 473.6 169.7 612.3 227.2 848.0 226.1 851.3


White non-Hispanic 104.2 333.4 91.9 292.9 94.3 308.7 111.0 391.1 130.2 520.2 140.7 561.8

Nonwhite or Hispanic 9.8 92.1 15.8 102.0 19.5 94.9 19.3 116.5 19.1 125.1 24.8 153.1

Current work status of head Working for someone else 55.7 166.7 51.6 161.0 60.3 168.4 61.2 194.8 69.3 240.3 67.2 268.5

Self-employed 248.7 955.2 190.2 790.6 191.8 862.7 288.0 1,071.3 375.2 1,342.9 335.6 1,423.2

Retired 96.9 267.9 92.9 250.1 99.9 277.2 131.0 356.5 123.1 483.6 139.8 469.0

Other not working 1.2 57.6 4.3 70.0 4.5 70.1 4.1 85.8 9.5 192.3 11.8 162.3

Region

Northeast 128.1 316.1 84.5 277.2 102.0 308.9 109.3 351.3 99.3 483.2 161.7 569.1

Midwest 77.0 274.8 75.1 228.1 80.8 244.7 93.1 288.5 113.3 363.3 115.0 436.1

South 51.7 192.8 45.5 185.5 54.2 229.5 71.0 309.6 78.6 400.6 63.8 348.0

West 67.2 360.0 94.2 335.4 67.4 286.1 71.1 379.1 93.4 470.4 94.8 523.7

Housing status

Owner 147.1 394.8 130.2 355.7 128.1 373.7 153.2 468.7 183.8 596.9 184.4 624.9

Renter or other 2.9 56.3 4.2 50.9 6.0 53.8 4.9 50.4 5.1 58.6 4.0 54.1


Less than 25 0.3 -0.9 0.6 -0.8 1.2 -0.2 0.6 -2.1 1.2 † 1.7 -1.4



4. Value of financial assets of all families, distributed by type of asset, 1989-2004 surveys

Percent

Type of financial asset 1989 1992 1995 1998 2001 2004

Transaction accounts 19.0 17.5 13.9 11.4 11.4 13.2Certificates of deposit 10.2 8.0 5.6 4.3 3.1 3.7

Savings bonds 1.5 1.1 1.3 0.7 0.7 0.5

Bonds 10.2 8.4 6.3 4.3 4.5 5.3

Stocks 15.0 16.5 15.6 22.7 21.5 17.6

Pooled investment funds

5.3 7.6 12.7 12.4 12.1 14.7

Retirement accounts 21.5 25.7 28.1 27.6 28.9 32.0

Cash value life insurance 6.0 5.9 7.2 6.4 5.3 3.0

Other managed assets 6.6 5.4 5.9 8.6 10.5 8.0

Other 4.8 3.8 3.3 1.7 1.9 2.1Total 100 100 100 100 100 100

Memo

Financial assets as a

share of total assets 30.5 31.6 36.7 40.7 42.2 35.7

Note: For this and following tables, see text for definition of asset categories. Also see note to table 1.

(excluding moneymarket funds)



5. Family holdings of financial assets, by selected characteristics of families and type of asset, 1989-2004 surveys

1989 Survey of Consumer Finances

Family characteristic Bonds Stocks Other

Percentage of families holding assetAll families 85.5 19.9 23.9 5.7 16.8 7.2 37.0 35.5 3.6 13.8 88.9


Less than 20 55.6 7.7 4.3 * * * 4.3 13.3 * 8.9 61.7

20-39.9 82.6 21.1 14.3 * 9.2 2.6 15.8 26.3 2.9 13.6 88.0

40-59.9 93.0 22.0 25.1 3.9 12.4 6.4 38.3 34.4 2.7 14.4 96.0

60-79.9 97.8 20.2 35.0 5.6 18.7 7.2 52.2 48.6 3.8 14.8 98.9

80-89.9 98.2 22.8 46.0 7.3 28.7 15.0 69.1 50.9 5.5 13.2 99.9

90-100 99.4 33.5 35.4 26.1 54.8 23.1 79.6 58.8 11.0 21.0 99.7

Age of head (years)

Less than 35 80.1 8.6 25.9 1.5 11.0 2.0 27.1 24.8 2.5 14.7 84.8

35-44 86.1 16.6 31.6 4.1 16.4 7.6 49.3 41.3 3.2 14.6 90.4

45-54 87.9 20.1 22.6 5.2 22.1 9.6 52.2 41.2 3.5 15.4 90.8

55-64 85.6 22.4 20.2 9.8 20.8 10.2 47.4 43.3 3.5 14.0 87.7

65-74 90.4 32.0 18.7 12.1 18.6 9.4 29.9 38.7 5.5 11.8 92.6

75 or more 90.3 41.7 14.0 8.1 18.9 11.3 6.3 28.7 5.9 8.0 91.4


White non-Hispanic 92.6 25.0 28.0 7.2 21.0 9.3 43.4 40.0 4.5 14.5 95.2

Nonwhite or Hispanic 64.7 4.7 11.6 1.1 4.6 1.0 18.0 22.3 1.1 11.5 70.2


Working for someone else 89.0 15.1 29.8 3.9 16.8 6.4 46.7 37.1 3.6 14.6 92.7

Self-employed 96.1 24.2 23.8 10.4 24.8 11.9 44.5 47.5 3.8 20.2 98.6

Retired 84.1 32.6 15.8 8.7 16.4 8.8 19.9 32.8 4.3 9.8 85.9

Other not working 43.8 4.9 * * 4.8 * 6.5 11.9 * 10.6 51.3

Housing status

Owner 94.6 25.3 29.2 7.7 22.7 10.0 48.6 45.5 4.9 13.2 96.0

Renter or other 69.5 10.2 14.5 2.2 6.4 2.3 16.5 17.8 1.4 14.7 76.2


Less than 25 56.6 * 8.7 * 1.6 * 7.5 13.6 * 9.3 63.8

25-49.9 89.3 14.3 19.3 * 9.6 3.1 30.1 28.4 * 15.7 93.7

50-74.9 97.2 25.8 32.6 2.8 15.4 6.6 43.0 45.5 3.8 10.5 98.275-89.9 98.4 34.3 36.4 11.0 30.9 12.0 65.4 50.1 6.6 15.0 99.6

90-100 100.0 44.3 32.5 29.9 55.5 29.4 70.1 61.1 13.2 26.5 100.0

Transactionaccounts

Certificatesof deposit

Savings bonds

Pooledinvestment

funds

Retirementaccounts

Cashvaluelife

insurance

Other managed

assets

Anyfinancial

asset





Median value of holdings for families holding asset (thousands of 2004 dollars)

All families 3.1 17.6 0.9 41.0 11.0 19.1 16.1 4.4 36.7 2.9 16.5


Less than 20 0.7 19.1 0.3 * * * 7.3 1.3 * 1.2 1.6

20-39.9 1.5 14.7 0.7 * 7.3 14.7 4.6 2.9 29.3 1.6 6.5

40-59.9 2.6 16.1 0.9 23.5 5.9 8.8 11.0 2.9 8.8 2.9 12.2

60-79.9 3.7 14.7 0.7 28.6 7.3 14.7 12.5 4.8 44.0 3.7 21.8

80-89.9 6.6 13.2 0.7 39.6 7.3 11.7 22.0 6.6 46.9 3.7 42.1

90-100 21.4 31.1 1.5 51.3 22.0 33.7 66.0 14.7 58.6 22.0 211.1

Age of head (years)

Less than 35 1.6 5.9 0.7 10.3 4.4 1.8 5.9 2.6 13.2 1.0 4.0

35-44 3.2 10.3 0.7 14.7 5.3 5.9 14.0 4.8 26.4 3.1 20.6

45-54 3.9 13.2 0.7 14.7 7.3 17.6 23.5 6.6 14.7 4.4 26.7

55-64 4.9 22.0 2.6 51.3 29.3 36.7 34.6 7.3 102.6 7.3 37.9

65-74 5.1 29.3 2.2 51.3 36.7 24.2 22.7 2.9 70.4 11.7 27.9

75 or more 7.3 42.5 4.4 44.0 36.7 44.0 23.5 2.9 46.9 14.7 43.2

Race or ethnicity of respondent White non-Hispanic 4.0 17.6 0.9 41.0 12.5 17.6 17.6 4.8 45.4 4.4 23.2




Self-employed 6.5 22.0 0.7 51.3 14.7 30.8 32.3 8.8 88.0 7.3 27.1

Retired 4.9 32.3 2.9 44.0 30.8 33.7 22.0 2.9 66.0 11.7 29.9

Other not working 1.2 2.9 * * 44.0 * 2.9 1.5 * 0.9 1.8

Housing status

Owner 4.6 22.0 1.0 41.0 11.7 20.7 20.5 4.8 36.7 5.9 29.0

Renter or other 1.5 9.2 0.7 29.2 7.3 2.9 5.9 2.6 32.3 1.5 3.2


Less than 25 0.7 * 0.4 * 0.3 * 2.2 1.1 * 0.9 1.2

25-49.9 2.2 7.3 0.7 * 2.5 2.3 5.7 2.8 * 2.2 8.1

50-74.9 4.0 14.7 0.7 10.3 4.4 8.8 14.7 4.4 13.2 4.4 26.2

75-89.9 8.9 29.3 1.5 29.3 17.6 17.6 35.2 7.0 46.9 7.3 100.9

90-100 33.0 58.6 2.4 102.6 44.0 44.0 70.4 13.2 131.9 22.0 349.7

Note: See note to table 1. * Fifty (ten observations over five implicates) or fewer total observations.

Transactionaccounts


Savings bonds

Pooledinvestment

funds

Retirementaccounts

Cashvaluelife

insurance

Other managed

assets

Anyfinancial

asset






Percentage of families holding asset

All families 86.9 16.7 22.3 4.3 17.0 10.4 39.6 34.9 4.0 10.8 90.3


Less than 20 62.5 10.8 6.4 * 4.1 2.3 5.6 15.9 * 8.6 68.5

20-39.9 83.9 16.4 11.5 2.1 7.9 6.1 23.0 25.7 3.0 9.8 88.4

40-59.9 91.7 17.1 20.9 2.2 13.4 8.5 37.3 34.8 3.4 10.3 95.4

60-79.9 97.6 18.2 33.7 4.5 21.4 12.9 55.3 45.1 4.8 12.0 99.5

80-89.9 98.8 20.9 40.9 6.0 27.5 16.2 72.9 50.1 6.9 11.6 100.0

90-100 98.7 21.1 37.1 17.6 48.7 28.3 81.0 55.7 9.6 15.2 98.8

Age of head (years)

Less than 35 81.3 7.4 22.9 1.5 10.8 5.2 31.4 25.5 1.7 12.6 85.8

35-44 86.8 9.0 29.3 2.5 19.4 10.0 49.7 36.0 3.0 11.0 91.0

45-54 88.9 15.9 25.2 5.6 18.7 9.4 51.3 38.5 5.5 11.3 92.5

55-64 90.2 20.5 19.4 5.0 22.0 15.9 52.2 42.3 5.1 10.7 92.5

65-74 88.9 31.1 13.8 7.5 16.2 14.3 35.0 39.4 5.8 10.1 91.2

75 or more 91.8 37.7 14.3 8.5 19.4 14.4 6.3 34.9 5.9 5.9 92.1






Self-employed 95.8 18.5 23.1 7.2 25.7 14.7 49.4 41.1 2.6 18.9 98.1

Retired 85.6 30.1 14.5 6.2 14.5 11.5 21.8 34.2 5.7 7.0 88.1

Other not working 59.0 4.6 10.0 * 4.5 2.0 16.3 16.3 * 14.8 66.6

Housing status

Owner 94.0 21.6 27.4 5.9 22.4 13.8 48.9 43.2 5.3 9.7 95.7

Renter or other 74.3 8.1 13.2 1.3 7.4 4.4 23.3 20.2 1.7 12.9 80.6


Less than 25 65.1 1.6 9.2 * 2.3 * 11.9 12.4 * 7.4 71.4

25-49.9 87.4 9.6 19.0 * 8.5 4.2 32.0 32.1 * 10.4 92.0

50-74.9 95.7 22.5 29.0 2.1 17.2 10.2 46.5 40.6 4.3 11.8 97.9

75-89.9 99.3 31.8 33.7 7.9 31.0 21.7 64.2 50.3 7.9 11.6 99.5

90-100 99.7 35.4 29.2 23.6 53.4 34.1 73.8 60.5 13.9 16.7 99.9

Transactionaccounts


Savings bonds

Pooledinvestment

funds

Retirementaccounts

Cashvaluelife

insurance

Other managed

assets

Anyfinancial

asset






All families 3.0 14.5 0.8 39.5 10.5 21.1 18.5 4.1 26.4 3.3 15.2


Less than 20 0.7 8.6 0.4 * 6.9 22.4 10.5 1.3 * 1.5 1.6

20-39.9 1.4 19.8 0.4 17.1 5.3 6.6 6.6 2.4 26.4 2.6 5.1

40-59.9 2.6 23.7 0.7 26.4 6.3 19.8 9.2 3.0 13.2 3.3 10.3

60-79.9 3.6 8.6 0.7 52.7 6.6 16.5 15.8 4.6 26.4 2.6 22.8

80-89.9 6.3 13.2 1.2 19.8 7.0 29.0 26.6 6.6 23.7 4.0 49.4

90-100 20.4 19.8 1.3 106.8 32.9 35.6 63.3 13.2 65.9 26.4 169.6

Age of head (years)

Less than 35 1.7 5.9 0.5 13.2 2.7 3.3 5.9 2.4 26.4 1.3 4.9

35-44 2.7 6.6 0.8 26.4 5.3 23.1 12.1 4.6 10.5 4.0 13.2

45-54 4.0 10.5 1.1 52.7 13.7 19.8 35.6 5.9 26.4 6.6 25.2

55-64 4.0 19.8 1.3 65.9 17.1 32.9 39.5 8.8 52.7 6.6 37.6

65-74 5.0 26.4 1.0 42.2 19.8 36.9 26.4 3.0 42.2 9.2 33.6

75 or more 5.3 31.0 1.4 46.1 32.9 27.7 36.9 2.5 26.4 6.6 27.7






Self-employed 6.6 13.2 0.7 65.9 13.7 32.9 32.9 8.4 125.2 9.2 26.4

Retired 4.0 26.4 1.3 42.2 21.7 32.9 23.7 3.0 26.4 7.9 22.0


Housing status

Owner 4.5 15.2 0.9 39.5 13.2 23.7 23.2 4.6 26.4 6.6 28.3

Renter or other 1.3 9.9 0.7 32.9 4.2 13.2 5.7 2.6 26.4 2.0 3.7


Less than 25 0.5 1.7 0.3 * 0.7 * 1.3 1.1 * 0.9 1.1

25-49.9 1.8 6.6 0.5 * 2.6 5.4 5.3 2.2 * 2.6 7.9

50-74.9 4.1 13.2 0.7 14.5 4.9 11.9 17.8 4.0 13.8 3.8 29.3

75-89.9 8.4 23.7 1.3 23.7 13.2 22.4 37.6 6.6 21.1 7.2 97.0

90-100 30.7 39.5 2.6 131.8 59.3 65.9 98.8 13.2 86.5 39.5 330.9Note: See note to table 1. * Fifty (ten observations over five implicates) or fewer total observations.

Transactionaccounts


Savings bonds

Pooledinvestment

funds

Retirementaccounts

Cashvaluelife

insurance

Other managed

assets

Anyfinancial

asset






Warning! Because estimates in this table have not been reviewed for robustness, they may be sensitive to outliers.

Mean value of holdings for families holding asset (thousands of 2004 dollars)All families 18.2 43.5 4.6 179.5 88.0 66.5 58.7 15.5 123.2 31.5 100.4


Less than 20 4.0 22.2 5.5 * 19.8 31.5 20.7 4.3 * 4.2 13.6

20-39.9 7.1 34.2 2.8 22.8 24.8 30.5 16.1 10.2 51.3 18.2 29.2

40-59.9 12.2 49.7 3.2 40.4 32.4 39.5 21.8 11.6 42.8 14.5 46.2

60-79.9 12.3 39.4 3.1 100.9 32.5 41.6 37.0 12.1 56.2 13.6 67.7

80-89.9 21.5 41.2 5.5 51.6 54.3 59.0 52.1 17.2 82.4 23.1 114.6

90-100 74.7 79.2 9.0 348.4 218.5 130.7 157.5 35.4 333.9 137.2 504.6

Age of head (years)

Less than 35 6.9 16.7 2.4 23.7 16.4 10.0 17.7 9.8 61.2 7.7 23.5

35-44 12.0 20.4 3.6 152.4 29.7 45.6 36.1 16.1 78.6 21.2 61.3

45-54 19.7 26.9 4.7 170.7 106.7 51.9 91.4 16.1 115.9 35.2 130.7

55-64 27.4 41.2 7.3 266.3 134.6 114.0 94.9 28.5 149.9 78.0 187.1

65-74 26.8 56.5 5.9 185.3 173.5 90.1 71.5 11.4 154.1 52.6 154.4

75 or more 33.6 70.9 12.9 204.3 137.6 68.9 73.2 7.8 166.6 38.4 144.4






Self-employed 38.6 49.3 5.4 267.4 167.1 117.6 104.1 25.0 478.0 58.5 216.0

Retired 24.1 59.2 8.1 194.4 135.0 74.8 63.6 9.4 123.5 61.7 122.9


Housing status

Owner 22.9 45.5 5.1 183.5 97.1 72.1 68.2 16.9 123.9 47.7 132.9

Renter or other 7.7 34.2 3.1 146.6 39.2 35.8 23.1 9.8 118.9 10.0 32.1


Less than 25 1.1 2.9 0.7 * 1.4 * 2.9 2.1 * 1.7 2.2

25-49.9 3.9 11.1 1.8 * 5.4 7.8 8.4 4.9 * 5.8 11.6

50-74.9 9.7 20.9 2.3 22.4 10.9 16.3 25.6 12.4 25.2 13.8 39.2

75-89.9 21.3 47.9 6.4 30.5 27.0 36.6 55.5 18.4 38.9 24.3 108.790-100 93.2 99.8 15.1 303.0 245.7 153.3 192.0 37.9 298.9 143.6 618.3


Transactionaccounts


Savings bonds

Pooledinvestment

funds

Retirementaccounts

Cashvaluelife

insurance

Other managed

assets

Anyfinancial

asset







All families 87.4 14.3 22.8 3.1 15.2 12.3 45.2 32.0 3.9 11.1 91.2


Less than 20 63.2 8.9 5.2 * 2.8 1.5 8.8 15.6 * 8.5 70.1

20-39.9 85.2 16.3 14.4 * 9.4 5.2 27.6 26.5 3.7 9.0 91.2

40-59.9 92.0 13.6 22.1 2.3 11.7 9.8 48.2 29.0 3.9 13.5 96.6

60-79.9 97.3 14.7 31.5 3.5 18.0 16.0 63.4 40.2 4.5 11.4 98.2

80-89.9 98.7 17.0 42.2 5.0 27.7 22.0 73.3 46.0 5.8 11.5 100.0

90-100 99.8 19.3 39.2 12.4 40.9 36.2 82.1 51.2 8.0 15.0 100.0

Age of head (years)

Less than 35 80.9 7.2 20.4 * 10.8 8.0 40.7 22.8 1.6 13.8 87.0

35-44 87.6 8.1 31.0 1.7 14.6 11.2 54.3 29.3 3.5 10.9 92.2

45-54 89.2 12.5 25.3 4.5 17.7 16.3 57.4 38.4 3.0 12.9 93.0

55-64 88.8 17.1 20.3 3.1 15.0 16.3 50.9 37.4 7.7 9.3 91.2

65-74 91.7 24.0 17.0 5.7 18.6 15.0 36.6 37.5 5.9 10.0 93.0

75 or more 93.2 34.7 15.3 7.0 19.7 10.3 15.7 35.8 5.2 5.4 94.2






Self-employed 91.9 18.7 25.8 5.3 18.7 19.0 50.7 41.9 3.1 16.8 94.6

Retired 87.0 23.3 15.2 4.2 16.6 11.5 25.0 32.1 5.3 7.1 89.1


Housing status

Owner 95.3 17.4 28.3 4.3 19.2 16.0 54.3 38.8 5.0 9.5 96.7

Renter or other 72.9 8.7 12.7 0.9 7.9 5.5 28.4 19.4 1.9 14.0 81.1


Less than 25 64.5 1.8 8.3 * 2.8 1.9 15.0 11.3 * 9.1 72.0

25-49.9 89.8 8.7 20.0 * 8.8 5.3 41.9 27.3 1.9 10.6 94.9

50-74.9 96.2 17.7 27.4 1.4 13.5 11.3 51.8 38.4 3.4 11.4 97.9

75-89.9 98.7 27.0 34.7 4.9 29.2 23.5 66.3 47.3 6.4 10.9 100.0

90-100 99.7 32.2 36.4 18.2 45.6 41.7 80.3 56.2 14.4 17.3 100.0

Transactionaccounts


Savings bonds

Pooledinvestment

funds

Retirementaccounts

Cashvaluelife

insurance

Other managed

assets

Anyfinancial

asset






All families 2.6 12.3 1.2 36.0 11.1 24.6 20.9 6.2 36.9 3.7 19.0


Less than 20 0.9 7.4 0.6 * 1.8 30.8 12.3 2.0 * 2.5 1.8

20-39.9 1.6 12.3 0.9 * 7.7 9.6 11.1 3.7 18.5 2.2 7.4

40-59.9 2.0 12.3 0.7 30.8 8.6 13.5 10.5 4.3 30.8 3.1 11.9

60-79.9 3.1 12.3 1.0 35.7 5.8 16.0 18.2 7.4 32.0 3.7 26.3

80-89.9 5.3 20.9 2.5 18.5 10.5 28.3 30.8 11.3 43.1 3.0 59.4

90-100 16.4 22.2 1.8 61.6 24.0 61.6 86.2 12.3 67.7 16.0 184.7

Age of head (years)

Less than 35 1.5 6.5 0.6 * 3.7 6.8 7.4 4.3 5.5 1.2 6.6

35-44 2.5 6.5 1.2 13.5 5.5 12.3 18.1 6.5 13.3 2.5 16.7

45-54 3.7 14.8 1.2 30.8 12.3 25.9 34.5 9.6 69.9 6.2 33.5

55-64 3.8 17.2 1.8 12.3 23.9 68.9 38.9 6.5 61.6 12.3 40.0

65-74 4.0 24.6 1.8 61.6 24.6 67.7 35.2 6.2 43.1 11.1 26.0

75 or more 6.2 16.0 5.9 49.2 22.2 61.6 28.9 6.2 80.0 43.1 28.2


White non-Hispanic 3.0 12.9 1.2 36.0 11.3 25.9 22.7 6.2 36.9 4.9 22.9 Nonwhite or Hispanic 1.7 12.3 0.6 33.2 3.0 7.9 14.8 6.5 7.4 1.6 6.9



Self-employed 5.5 19.7 1.1 61.6 22.2 30.8 30.2 7.4 52.9 4.9 30.7

Retired 3.7 19.1 3.1 48.0 22.2 61.6 32.0 5.5 61.6 12.3 23.4


Housing status

Owner 3.7 13.5 1.2 48.0 12.3 27.1 24.9 7.4 43.1 6.2 29.9

Renter or other 1.4 9.8 1.2 8.6 4.6 12.3 8.8 4.3 17.2 1.9 5.6


Less than 25 0.7 1.6 0.2 * 0.7 2.5 1.5 1.5 * 1.0 1.2

25-49.9 1.7 6.2 0.7 * 2.2 4.3 9.2 4.2 10.5 1.8 10.0

50-74.9 3.1 12.3 1.2 12.3 5.8 12.3 19.8 6.2 13.3 5.2 30.4

75-89.9 8.1 18.5 1.8 24.6 12.3 25.9 43.1 8.6 30.8 12.3 102.8


Transactionaccounts


Savings bonds

Pooledinvestment

funds

Retirementaccounts

Cashvaluelife

insurance

Other managed

assets

Anyfinancial

asset







All families 90.6 15.3 19.3 3.0 19.2 16.5 48.9 29.6 5.9 9.4 93.1


Less than 20 68.8 12.1 4.9 * 3.7 3.2 9.4 16.6 3.0 8.3 75.8

20-39.9 90.3 15.6 12.2 * 9.7 8.7 30.9 22.2 4.5 8.0 93.0

40-59.9 95.4 15.4 19.6 2.7 17.9 13.8 53.5 27.7 4.0 10.5 97.3

60-79.9 98.9 15.2 25.8 2.9 21.5 20.2 69.2 34.7 7.1 9.9 99.3

80-89.9 99.6 17.9 35.4 3.2 32.7 28.8 75.3 44.3 7.2 8.7 99.8

90-100 100.0 18.5 32.9 10.8 53.6 44.3 87.5 49.0 14.9 11.5 100.0

Age of head (years)

Less than 35 84.7 6.2 17.2 1.0 13.1 12.2 39.8 18.0 1.9 10.1 88.8

35-44 90.5 9.4 24.9 1.5 18.9 16.0 59.6 29.0 3.9 11.8 93.3

45-54 94.1 11.8 21.8 2.8 22.6 23.0 59.2 32.9 6.5 9.1 95.3

55-64 93.9 18.6 18.1 3.5 25.0 15.2 58.4 35.8 6.5 8.4 95.6

65-74 94.1 29.9 16.1 7.2 21.1 18.0 46.1 39.1 11.8 7.3 95.6

75 or more 90.0 35.9 12.0 5.9 18.0 15.1 16.7 32.6 11.6 6.4 92.1






Self-employed 95.4 11.7 20.2 5.4 26.5 24.8 53.5 39.5 8.7 14.2 96.9

Retired 87.4 28.7 14.4 5.1 17.2 14.8 28.9 32.5 9.9 6.8 90.3


Housing status

Owner 96.4 18.9 23.3 3.8 24.9 21.0 58.4 36.9 7.7 8.7 97.6

Renter or other 79.4 8.3 11.5 1.3 8.0 7.5 30.2 15.2 2.4 10.8 84.2


Less than 25 72.4 3.0 7.0 * 3.2 2.1 18.5 10.7 * 7.9 78.1

25-49.9 91.7 9.8 16.3 * 9.3 8.7 44.2 23.8 2.3 10.0 95.1

50-74.9 98.6 19.6 24.0 2.2 18.9 15.3 56.4 35.6 5.9 8.2 99.1

75-89.9 99.8 30.2 27.8 3.4 36.4 35.5 72.0 45.5 10.2 10.2 99.9

90-100 100.0 26.7 33.2 16.9 58.7 46.4 83.0 52.2 22.1 13.1 100.0

Transactionaccounts


Savings bonds

Pooledinvestment

funds

Retirementaccounts

Cashvaluelife

insurance

Other managed

assets

Anyfinancial

asset






All families 3.5 17.4 1.2 52.0 20.3 29.0 27.8 8.4 36.6 3.5 26.0


Less than 20 0.8 11.6 1.5 * 17.4 23.2 7.0 4.6 18.5 0.7 2.1

20-39.9 1.7 23.2 1.2 * 11.6 29.0 10.4 5.8 29.6 1.5 7.6

40-59.9 2.6 16.2 0.6 24.5 8.7 11.6 13.9 4.9 27.1 2.9 18.7

60-79.9 5.0 16.8 0.8 21.9 17.4 20.9 24.3 8.7 35.1 5.8 42.4

80-89.9 8.7 18.5 1.6 22.0 20.9 23.2 50.1 11.6 29.0 6.6 93.3

90-100 20.9 23.2 1.2 125.2 58.0 69.6 104.3 20.9 104.3 29.0 256.8

Age of head (years)

Less than 35 1.7 2.9 0.5 3.5 5.8 8.1 8.1 3.1 22.5 1.2 5.2

35-44 3.3 9.3 0.8 64.1 13.9 16.2 23.8 9.9 29.0 2.9 26.5

45-54 5.1 13.3 1.2 36.7 27.8 34.8 39.4 11.6 45.6 7.0 43.3

55-64 4.7 19.7 1.7 115.9 24.3 67.2 54.2 11.0 75.4 11.6 52.9

65-74 6.5 23.2 2.3 60.3 58.0 69.6 44.1 9.9 47.9 7.0 53.1

75 or more 7.0 34.8 5.8 21.8 58.0 68.4 34.8 5.8 34.8 9.5 42.5





Self-employed 7.3 25.5 1.0 173.9 60.3 46.4 57.4 13.3 45.6 8.1 52.2

Retired 5.8 27.8 2.9 58.0 54.1 63.8 35.9 6.5 37.1 8.1 38.1


Housing status

Owner 5.7 20.9 1.2 48.1 23.2 34.8 34.8 9.3 37.1 5.8 47.8

Renter or other 1.3 11.6 0.7 58.0 9.3 13.9 9.0 5.8 26.7 1.2 4.1


Less than 25 0.7 1.7 0.5 * 0.8 1.7 2.4 1.4 * 0.6 1.2

25-49.9 2.0 7.2 0.6 * 3.5 7.0 9.6 5.8 11.6 2.0 12.1

50-74.9 5.6 17.4 1.2 11.6 9.3 16.2 32.5 8.1 24.8 7.0 49.9

75-89.9 12.2 29.0 2.3 29.0 30.4 42.2 68.4 11.6 27.1 8.1 167.4


Transactionaccounts


Savings bonds

Pooledinvestment

funds

Retirementaccounts

Cashvaluelife

insurance

Other managed

assets

Anyfinancial

asset









Less than 20 4.7 29.4 4.0 * 43.3 33.9 19.4 8.5 77.5 11.4 21.7

20-39.9 10.1 38.1 4.2 * 51.7 62.4 30.1 14.7 81.5 12.1 48.0

40-59.9 10.1 34.4 3.3 69.7 44.0 44.0 34.3 21.7 54.7 11.9 60.8

60-79.9 14.2 39.6 5.3 88.5 68.2 74.1 54.2 32.3 103.5 16.6 112.1

80-89.9 22.1 48.6 5.4 61.7 88.3 71.8 102.9 45.9 132.7 40.2 195.5

90-100 82.9 88.5 9.7 483.8 496.3 264.7 247.9 70.8 620.1 111.9 894.6

Age of head (years)

Less than 35 7.3 13.0 1.6 37.8 42.6 21.7 26.1 29.0 132.3 18.0 40.3

35-44 12.8 19.2 3.3 154.4 98.8 86.1 60.3 44.3 182.3 14.1 114.1

45-54 23.1 43.1 5.7 247.9 149.2 112.2 102.3 39.1 182.6 36.5 192.1

55-64 30.6 58.9 9.0 400.6 314.3 203.7 165.4 26.0 363.1 41.4 311.2

65-74 30.5 49.8 7.2 210.1 336.5 224.3 119.9 34.3 290.3 59.0 291.4

75 or more 26.7 54.9 18.5 207.0 282.6 131.4 107.7 15.0 163.0 34.9 187.7






Self-employed 41.3 69.1 6.5 432.5 347.9 195.3 168.6 58.5 338.5 42.6 373.3

Retired 27.7 53.3 10.6 201.8 303.3 164.3 117.9 20.1 244.5 59.2 217.7


Housing status

Owner 24.4 48.1 5.7 240.3 206.1 130.4 101.6 36.1 238.5 35.8 221.3

Renter or other 7.8 23.4 4.6 140.3 50.2 44.2 34.9 20.3 134.1 15.1 43.1


Less than 25 1.5 3.0 0.8 * 2.3 4.7 5.0 3.8 * 2.3 3.9

25-49.9 4.1 11.4 1.6 * 7.4 10.8 14.5 8.8 17.5 6.7 17.2

50-74.9 10.8 26.1 3.8 22.8 19.4 27.6 42.3 18.7 35.1 20.1 59.8

75-89.9 26.7 48.8 9.7 55.7 48.5 65.4 90.5 37.8 49.8 24.9 177.190-100 98.1 107.7 10.3 370.1 537.4 313.0 304.3 96.1 538.3 121.6 1091.0


Transactionaccounts


Savings bonds

Pooledinvestment

funds

Retirementaccounts

Cashvaluelife

insurance

Other managed

assets

Anyfinancial

asset







All families 91.4 15.7 16.7 3.0 21.3 17.7 52.7 28.0 6.6 9.4 93.4


Less than 20 71.6 10.0 3.8 * 3.8 3.6 13.7 13.8 2.2 6.2 75.5

20-39.9 90.3 14.7 11.0 * 11.2 9.5 34.0 24.7 3.3 10.2 93.7

40-59.9 96.6 17.4 14.1 1.5 16.4 15.7 53.3 25.6 5.4 9.9 98.5

60-79.9 99.1 16.0 24.4 3.7 26.2 20.6 75.9 35.7 8.5 9.2 99.6

80-89.9 99.7 18.3 30.3 3.9 37.0 29.0 83.8 38.6 10.7 10.8 99.8

90-100 99.2 22.0 29.7 12.7 60.6 48.8 88.9 41.8 16.7 12.5 99.7

Age of head (years)

Less than 35 87.1 6.3 12.7 * 17.4 11.5 45.3 15.0 2.1 10.5 89.7

35-44 91.1 9.8 22.6 2.1 21.6 17.5 61.4 27.0 3.1 9.7 93.5

45-54 92.7 15.2 21.0 2.8 22.0 20.2 63.4 31.1 6.4 8.5 94.7

55-64 93.8 14.4 14.3 6.1 26.7 21.3 59.7 35.7 13.0 10.6 95.2

65-74 93.8 29.7 11.3 3.9 20.5 19.9 45.1 36.7 11.8 8.5 94.6

75 or more 93.7 36.5 12.5 5.7 21.8 19.5 27.7 33.3 11.2 7.7 95.4





Self-employed 95.9 18.7 16.6 6.1 29.8 22.9 58.9 34.6 6.9 12.4 97.6

Retired 89.0 27.1 11.4 4.5 19.6 17.3 30.8 29.0 10.4 8.1 91.1

Other not working 72.2 7.8 7.5 * 13.3 10.9 26.8 12.9 5.6 6.5 74.2

Housing status

Owner 96.7 20.0 21.2 4.0 27.0 22.7 63.2 34.5 8.9 8.8 97.9

Renter or other 80.3 6.7 7.2 0.7 9.3 7.1 30.6 14.3 2.0 10.6 84.1


Less than 25 73.7 1.8 4.3 * 5.0 2.5 18.9 6.9 * 8.0 78.0

25-49.9 94.4 8.8 12.8 * 9.6 7.3 46.0 26.1 1.4 8.8 96.9

50-74.9 98.2 23.4 23.6 * 20.3 17.5 63.9 34.4 6.2 8.5 99.0

75-89.9 99.4 30.0 25.9 5.3 41.1 35.9 78.0 41.8 13.8 9.8 99.8

90-100 99.6 26.9 26.1 18.3 64.0 54.5 87.7 48.7 26.4 16.2 100.0

Transactionaccounts


Savings bonds

Pooledinvestment

funds

Retirementaccounts

Cashvaluelife

insurance

Other managed

assets

Anyfinancial

asset






All families 4.2 16.0 1.1 46.3 21.3 37.3 31.1 10.7 74.6 4.3 30.0


Less than 20 0.9 10.7 1.1 * 8.0 22.4 5.3 3.8 25.8 1.8 2.1

20-39.9 1.9 14.9 0.6 * 10.7 25.6 8.5 6.6 38.3 3.2 8.5

40-59.9 3.0 13.8 0.5 10.7 8.5 25.6 14.9 7.5 74.6 3.2 18.5

60-79.9 5.5 16.0 1.1 42.6 18.1 32.0 32.0 12.8 63.9 3.2 59.6

80-89.9 10.1 13.8 1.1 53.3 21.3 29.8 58.6 10.7 74.6 7.5 104.0

90-100 27.7 26.6 2.1 94.5 53.3 93.2 136.3 25.6 119.3 16.0 387.7

Age of head (years)

Less than 35 1.9 4.3 0.3 * 6.1 9.6 7.5 10.7 42.6 1.7 6.6

35-44 3.6 6.4 1.1 14.5 16.0 18.6 30.4 9.6 53.3 2.1 28.6

45-54 4.8 12.8 1.1 63.9 16.0 41.0 51.1 11.7 63.9 5.3 48.0

55-64 5.9 20.2 2.7 63.9 42.6 63.9 58.6 10.7 58.6 10.7 62.3

65-74 8.5 21.3 2.1 76.1 90.5 74.6 63.9 9.3 127.8 8.5 54.7

75 or more 7.8 26.6 3.2 37.3 63.9 74.6 51.1 7.5 106.5 19.2 45.3





Self-employed 8.5 17.0 2.1 76.5 37.3 104.4 58.6 18.1 116.1 12.8 65.0

Retired 5.3 26.6 4.3 53.3 63.9 74.6 58.6 9.6 106.5 10.7 35.9


Housing status

Owner 6.2 16.0 1.3 53.3 24.5 42.6 41.5 10.7 74.6 6.4 54.6

Renter or other 1.3 10.7 0.4 31.5 6.7 10.7 7.5 8.0 42.6 2.1 4.2


Less than 25 0.7 1.6 0.2 * 1.4 2.1 2.1 1.9 * 1.1 1.4

25-49.9 2.3 5.3 0.5 * 3.7 5.3 8.1 5.5 10.7 2.4 11.2

50-74.9 5.9 12.2 1.1 * 8.8 16.0 32.0 10.1 23.4 4.3 58.2

75-89.9 14.6 21.3 2.1 21.3 26.6 40.5 85.2 11.2 74.6 10.7 216.9

90-100 39.4 42.6 2.1 96.1 129.9 158.7 213.0 32.0 213.0 35.1 761.8


Transactionaccounts


Savings bonds

Pooledinvestment

funds

Retirementaccounts

Cashvaluelife

insurance

Other managed

assets

Anyfinancial

asset









Less than 20 5.4 24.1 4.7 * 23.6 68.6 23.9 9.9 144.3 25.0 25.7

20-39.9 9.0 31.2 5.4 * 44.4 48.6 31.6 16.3 160.0 11.1 47.5

40-59.9 13.1 29.7 3.0 31.2 48.2 68.8 50.7 28.6 194.0 24.9 86.0

60-79.9 18.6 36.5 11.0 108.8 92.1 78.1 74.3 39.4 177.4 23.9 159.7

80-89.9 27.3 39.6 4.0 137.6 97.5 98.7 118.2 46.3 234.2 20.2 250.3

90-100 118.5 86.7 16.7 600.9 534.7 305.8 327.7 86.7 720.1 180.4 1165.7

Age of head (years)

Less than 35 7.0 22.3 1.4 * 69.0 34.6 20.1 48.8 185.4 15.9 52.5

35-44 16.9 14.1 6.3 76.6 87.9 79.9 68.9 34.6 233.9 18.4 121.5

45-54 28.5 31.4 9.0 394.2 205.0 156.0 134.5 54.1 233.3 67.0 257.2

55-64 39.1 46.8 6.7 369.3 318.8 200.8 209.3 35.1 374.6 75.2 408.2

65-74 44.8 49.3 11.2 421.9 375.2 198.8 186.8 24.7 386.6 62.7 354.3

75 or more 35.6 57.0 29.5 247.4 347.3 206.0 135.2 26.1 381.6 46.2 293.9






Self-employed 53.3 52.7 18.5 455.9 363.5 277.9 214.3 66.0 603.3 89.0 476.9

Retired 36.0 53.3 20.2 320.5 342.3 193.0 161.4 25.8 393.3 58.8 292.5


Housing status

Owner 32.2 41.3 8.4 329.3 223.2 152.3 129.4 40.7 341.3 52.6 286.2

Renter or other 7.8 31.0 7.9 88.8 92.2 52.1 32.5 26.9 137.9 23.3 48.5


Less than 25 1.5 3.7 0.5 * 2.7 3.0 4.0 3.5 * 2.5 3.4

25-49.9 4.9 10.8 1.6 * 7.8 11.8 14.9 11.0 21.5 5.8 18.6

50-74.9 13.3 23.6 4.1 * 21.3 28.2 45.4 27.0 39.6 11.2 71.4

75-89.9 30.2 43.6 10.2 37.4 63.0 70.8 120.9 42.8 109.5 32.4 230.290-100 139.5 98.6 26.8 482.9 600.1 354.0 401.4 102.0 698.2 188.5 1454.1


Transactionaccounts


Savings bonds

Pooledinvestment

funds

Retirementaccounts

Cashvaluelife

insurance

Other managed

assets

Anyfinancial

asset







All families 91.3 12.7 17.6 1.8 20.7 15.0 49.7 24.2 7.3 10.0 93.8


Less than 20 75.5 5.0 6.2 * 5.1 3.6 10.1 14.0 3.1 7.1 80.1

20-39.9 87.3 12.7 8.8 * 8.2 7.6 29.8 19.0 4.9 9.9 91.5

40-59.9 95.9 11.8 15.4 * 16.4 12.7 53.5 24.4 7.9 9.3 98.5

60-79.9 98.4 15.0 26.5 2.1 28.1 18.6 69.7 29.7 7.8 11.2 99.1

80-89.9 99.1 16.3 32.3 2.9 35.9 26.2 81.9 29.6 12.2 11.4 99.8

90-100 100.0 21.5 29.9 8.9 55.0 39.1 88.5 38.1 13.0 13.4 100.0

Age of head (years)

Less than 35 86.4 5.6 15.3 * 13.3 8.3 40.2 11.0 2.9 11.6 90.1

35-44 90.8 6.7 23.3 0.6 18.5 12.3 55.9 20.1 3.7 10.0 93.6

45-54 91.8 11.9 21.0 1.8 23.2 18.2 57.7 26.0 6.2 12.1 93.6

55-64 93.2 18.1 15.2 3.3 29.1 20.6 62.9 32.1 9.4 7.2 95.2

65-74 93.9 19.9 14.9 4.3 25.4 18.6 43.2 34.8 12.8 8.1 96.5

75 or more 96.4 25.7 11.0 3.0 18.4 16.6 29.2 34.0 16.7 8.1 97.6


White non-Hispanic 95.5 15.3 21.1 2.5 25.5 18.9 56.1 26.8 9.2 10.2 97.2 Nonwhite or Hispanic 80.6 6.0 8.5 * 8.0 5.0 32.9 17.4 2.1 9.4 85.0



Self-employed 94.4 14.2 18.7 4.3 31.6 22.3 54.6 29.8 7.6 15.1 96.1

Retired 90.4 20.2 11.4 3.5 19.0 16.2 32.9 29.7 12.8 8.4 93.6


Housing status

Owner 96.0 15.9 21.2 2.6 25.8 19.2 60.2 30.1 9.6 9.6 97.5

Renter or other 80.9 5.6 9.5 0.2 9.1 5.7 26.2 11.0 2.0 10.9 85.5


Less than 25 75.4 2.2 6.2 * 3.6 2.0 14.3 7.7 * 6.9 79.8

25-49.9 92.0 6.5 13.2 * 9.3 7.2 43.1 19.3 2.3 9.5 96.1

50-74.9 98.0 16.0 22.7 * 21.0 12.5 61.8 30.1 8.8 10.2 99.4

75-89.9 99.7 24.2 28.5 3.2 39.1 32.4 77.6 36.7 15.6 11.2 100.0

90-100 100.0 28.8 28.1 12.7 62.9 47.3 82.5 43.8 21.0 16.4 100.0

Transactionaccounts


Savings bonds

Pooledinvestment

funds

Retirementaccounts

Cashvaluelife

insurance

Other managed

assets

Anyfinancial

asset






All families 3.8 15.0 1.0 65.0 15.0 40.4 35.2 6.0 45.0 4.0 23.0


Less than 20 0.6 10.0 0.4 * 6.0 15.3 5.0 2.8 22.0 2.5 1.3

20-39.9 1.5 14.0 0.6 * 8.0 25.0 10.0 3.8 50.0 2.0 4.8

40-59.9 3.0 10.0 0.8 * 12.0 23.0 17.3 5.0 36.0 2.5 15.5

60-79.9 6.5 18.0 1.0 80.0 10.0 25.5 32.0 7.0 35.0 4.0 48.4

80-89.9 11.0 20.0 0.8 35.0 15.0 33.5 70.0 10.0 50.0 5.0 108.4

90-100 28.0 33.0 2.0 160.0 58.7 125.0 183.4 20.0 100.0 20.0 365.3

Age of head (years)

Less than 35 1.8 4.0 0.5 * 4.4 8.0 11.0 3.0 5.0 1.0 5.2

35-44 3.0 10.0 0.5 10.0 10.0 15.9 27.9 5.0 18.3 3.5 19.0

45-54 4.8 11.0 1.0 30.0 14.5 50.0 55.5 8.0 43.0 5.0 38.6

55-64 6.7 29.0 2.5 80.0 25.0 75.0 83.0 10.0 65.0 7.0 78.0

65-74 5.5 20.0 3.0 40.0 42.0 60.0 80.0 8.0 60.0 10.0 36.1

75 or more 6.5 22.0 5.0 295.0 50.0 60.0 30.0 5.0 50.0 22.0 38.8


White non-Hispanic 5.0 16.0 1.0 80.0 18.0 45.0 41.0 7.0 45.0 5.0 36.0 Nonwhite or Hispanic 1.5 12.0 0.6 * 5.3 18.0 16.0 5.0 40.0 2.5 5.0



Self-employed 10.0 20.0 1.9 130.0 25.0 60.0 60.0 10.5 42.0 6.0 53.2

Retired 4.2 25.0 3.0 90.0 45.0 75.0 47.0 5.0 45.0 10.0 26.5


Housing statusOwner 6.0 20.0 1.0 65.0 20.0 50.0 46.0 7.0 45.0 6.0 47.9

Renter or other 1.1 7.0 0.7 130.0 4.5 10.0 11.0 3.0 42.0 2.0 3.0


Less than 25 0.5 2.0 0.3 * 1.9 2.0 2.9 0.8 * 0.7 1.0

25-49.9 2.0 5.8 0.5 * 3.5 7.4 11.8 4.0 9.4 2.0 9.9

50-74.9 5.8 10.4 1.0 * 8.0 16.0 33.5 5.0 22.0 5.0 47.2

75-89.9 15.8 31.0 2.0 25.0 20.0 50.0 95.7 10.0 50.0 7.0 203.0

90-100 43.0 46.0 2.5 111.1 110.0 160.0 264.0 20.0 135.0 40.0 728.8


Transactionaccounts


Savings bonds

Pooledinvestment

funds

Retirementaccounts

Cashvaluelife

insurance

Other managed

assets

Anyfinancial

asset









Less than 20 5.2 57.1 4.0 * 43.1 77.4 27.6 11.2 39.9 12.6 23.1

20-39.9 9.4 65.5 2.2 * 31.1 65.3 26.0 7.4 87.2 13.9 42.6

40-59.9 12.9 26.9 3.8 * 50.6 74.1 44.7 11.1 115.5 13.0 72.5

60-79.9 28.1 41.6 6.6 176.8 58.4 103.8 73.5 17.3 152.1 16.5 146.5

80-89.9 27.9 41.8 5.4 173.3 67.0 94.0 147.5 19.8 169.2 23.8 240.5

90-100 116.0 100.1 9.3 969.1 450.9 457.4 350.3 74.1 587.5 193.9 1093.7

Age of head (years)

Less than 35 7.7 14.0 2.3 * 13.7 25.2 25.2 10.2 56.8 6.5 28.2

35-44 20.9 24.4 2.7 286.3 79.5 174.8 66.7 20.5 128.4 16.7 114.3

45-54 27.1 44.5 5.1 290.9 149.0 185.9 141.1 23.6 200.2 68.4 227.7

55-64 43.1 56.0 10.4 697.1 221.1 291.3 210.9 27.4 251.1 67.6 387.6

65-74 35.6 71.0 14.3 478.1 323.4 183.2 208.9 28.3 239.6 65.6 334.7

75 or more 44.7 84.3 9.9 890.3 205.4 169.1 118.8 22.6 240.2 47.5 250.7


Nonwhite or Hispanic 8.8 38.0 5.7 * 42.3 112.6 62.7 18.3 121.4 29.3 56.6



Self-employed 56.6 97.0 7.6 864.7 255.3 338.5 197.9 48.4 296.1 117.5 441.5

Retired 40.4 72.5 13.2 482.2 255.8 233.0 152.1 20.6 218.3 30.6 258.7


Housing status

Owner 34.2 59.5 5.9 546.6 180.7 201.3 137.7 25.3 213.5 54.0 265.5

Renter or other 8.6 25.6 5.2 559.4 31.2 54.5 36.9 9.4 137.5 11.2 35.6


Less than 25 1.3 3.5 0.7 * 3.5 3.0 5.2 2.2 * 2.1 3.0

25-49.9 4.8 8.7 2.7 * 6.7 10.3 17.2 6.7 17.9 8.1 17.2

50-74.9 13.2 23.8 2.6 * 15.7 31.6 48.0 12.4 38.0 15.4 63.3

75-89.9 33.9 56.0 8.9 63.3 43.3 83.3 133.7 19.5 77.5 18.1 220.990-100 151.4 132.3 13.7 758.9 469.4 474.2 426.6 73.2 584.0 184.2 1346.3


Transactionaccounts


Savings bonds

Pooledinvestment

funds

Retirementaccounts

Cashvaluelife

insurance

Other managed

assets

Anyfinancial

asset



6. Direct and indirect family holdings of stock, by selected characteristics of families, 1989-2004 surveys

Percent except as noted

Family characteristicFamilies having stock holdings, direct or indirect

1989 1992 1995 1998 2001 2004 1989 1992 1995 1998 2001All families 31.7 36.7 40.4 48.9 52.2 50.2 12.5 13.8 18.0 29.0 36


Median value among families with holding(thousands of 2004 dollars)



Stock holdings as share of group's financial assets

1989 1992 1995 1998 2001 200427.8 33.9 40.1 54.0 56.1 51.3



7. Value of nonfinancial assets of all families, distributed by type of asset, 1989-2004 surveys

Percent

Type of nonfinancial asset 1989 1992 1995 1998 2001 2004

5.6 5.7 7.1 6.5 5.9 5.1

Primary residence 46.0 47.0 47.5 47.0 46.9 50.3

Other residential property 8.2 8.5 8.0 8.5 8.1 9.9Equity in nonresidential property 11.1 11.0 7.9 7.7 8.2 7.3

Business equity 26.7 26.3 27.2 28.5 29.3 25.9

Other 2.5 1.6 2.3 1.7 1.6 1.5

Total 100 100 100 100 100 100

Memo

Nonfinancial assets as a share of

total assets 69.5 68.4 63.3 59.3 57.8 64.3

Note: See note to table 1. 1. For definition, see text note 26.

Vehicles1



8. Family holdings of nonfinancial assets and of any asset, by selected characteristics of families and type of asset, 1989-2004 surveys


Family characteristic Vehicles Other

Percentage of families holding assetAll families 83.8 63.9 13.1 11.1 11.6 12.4 89.3 94.7


Less than 20 51.6 32.9 3.7 2.3 2.4 5.3 64.8 78.8

20-39.9 81.3 54.9 6.6 7.9 7.8 8.1 87.4 95.1

40-59.9 94.9 65.4 11.4 9.8 9.3 11.9 97.4 99.9

60-79.9 95.0 76.4 15.4 13.2 12.5 16.1 97.3 99.5

80-89.9 96.9 86.2 20.4 17.1 19.7 17.0 99.0 100.0

90-100 95.2 93.5 36.8 27.7 32.6 23.8 99.6 100.0

Age of head (years)Less than 35 81.4 39.4 3.8 4.3 8.7 9.8 83.9 92.3

35-44 88.9 66.1 12.3 12.3 17.6 14.0 91.8 95.0

45-54 90.8 76.5 20.4 15.4 15.2 15.6 93.2 94.9

55-64 86.3 80.1 20.4 17.4 12.1 13.9 91.2 95.0

65-74 81.5 77.7 19.5 15.4 7.8 12.9 92.7 97.4

75 or more 66.1 69.9 12.2 6.8 5.2 8.0 85.4 96.4





Working for someone else 89.8 62.1 11.6 9.4 6.9 12.4 92.1 97.1

Self-employed 94.2 73.1 22.2 26.5 59.3 21.2 98.5 100.0

Retired 74.6 72.8 14.8 10.5 4.0 9.5 87.1 93.8

Other not working 49.2 30.3 5.0 * * 8.4 57.5 68.4

Housing status

Owner 92.9 100.0 17.4 14.7 14.7 14.5 100.0 100.0Renter or other 67.6 * 5.7 4.8 6.1 8.5 70.2 85.2


Less than 25 58.5 8.6 * * * 3.3 61.6 78.6

25-49.9 87.2 61.1 5.3 5.2 5.8 10.6 96.1 100.0

50-74.9 94.7 92.2 12.4 13.5 10.1 13.1 99.6 100.0

75-89.9 95.1 94.0 26.1 16.7 18.0 17.8 99.5 100.0

90-100 93.8 93.3 44.7 37.1 46.8 29.2 99.9 100.0

Primaryresidence

Other residential property

Equity innonresidential

property

Businessequity

Anynonfinancial

asset

Anyasset

1989 S f C Fi





Median value of holdings for families holding asset (thousands of 2004 dollars)All families 10.2 102.6 73.3 29.3 99.7 11.0 99.0 119.0


Less than 20 2.9 44.0 19.8 14.7 29.3 1.5 12.5 11.2

20-39.9 6.0 73.3 36.7 17.6 36.7 7.3 55.3 60.0

40-59.9 8.8 86.5 66.0 22.0 88.0 8.8 75.2 97.2

60-79.9 12.6 110.0 58.6 14.7 66.0 10.3 124.0 158.2

80-89.9 17.8 146.6 88.0 36.7 95.3 14.7 200.1 277.4

90-100 22.6 293.2 139.3 139.3 293.2 36.7 430.6 692.6

Age of head (years)

Less than 35 8.1 89.4 46.2 22.0 44.0 7.3 25.1 29.335-44 11.9 117.3 73.3 23.5 91.6 10.3 123.6 153.4

45-54 13.9 124.6 91.6 51.3 128.3 11.7 158.2 204.3

55-64 10.4 110.0 73.3 46.9 183.3 14.7 137.7 179.8

65-74 8.0 80.6 51.3 22.0 117.3 12.2 93.6 124.0

75 or more 5.8 80.5 73.3 58.6 146.6 12.2 75.8 119.0






Self-employed 15.3 146.6 117.3 82.1 146.6 22.0 272.2 322.4

Retired 7.0 80.6 57.2 24.9 122.1 10.3 87.6 118.8


Housing status

Owner 12.4 102.6 73.3 32.3 122.1 11.7 142.4 189.5

Renter or other 5.6 * 57.2 27.5 29.3 8.8 7.3 10.0


Less than 25 3.4 11.7 * * * 0.9 3.8 4.1

25-49.9 8.2 49.8 18.3 14.7 7.3 5.9 37.9 49.6

50-74.9 12.3 102.6 36.7 16.1 51.3 9.5 126.1 162.8

75-89.9 13.7 183.3 79.7 36.7 89.1 14.7 265.5 366.2

90-100 21.1 293.2 190.6 171.0 513.1 30.8 743.3 1,132.6


Primaryresidence



property

Businessequity

Anynonfinancial

asset

Anyasset




8. Family holdings of nonfinancial assets and of any asset, by selected characteristics of families and type of asset, 1989 2004 surveys




Mean value of holdings for families holding asset (thousands of 2004 dollars)All families 14.4 155.3 134.1 214.9 496.7 43.4 241.8 328.1


Less than 20 5.7 56.7 40.9 58.7 165.7 11.4 44.7 50.5

20-39.9 7.8 92.9 51.8 42.1 142.2 21.8 88.0 112.8

40-59.9 11.0 113.8 105.2 51.4 275.5 15.1 132.6 173.8

60-79.9 16.0 138.8 78.1 92.7 210.8 36.9 182.9 250.1

80-89.9 20.5 186.0 153.7 152.8 255.4 25.3 295.0 396.3

90-100 32.6 354.2 236.0 610.0 1206.2 122.5 1044.1 1570.0

Age of head (years)

Less than 35 10.8 121.7 85.4 77.4 210.2 27.1 100.2 114.6

35-44 15.8 168.9 102.6 88.1 326.7 52.1 232.7 293.6

45-54 19.8 188.5 155.0 294.2 575.1 46.7 358.6 481.8

55-64 16.5 166.5 169.4 315.7 723.2 54.8 364.3 509.6

65-74 13.3 134.8 136.4 197.2 1086.4 39.5 282.9 432.3

75 or more 8.6 133.8 100.7 388.0 934.6 37.1 221.3 371.4


White non-Hispanic 15.3 162.5 138.7 227.3 526.6 44.6 271.9 381.5 Nonwhite or Hispanic 11.1 121.0 109.0 145.6 278.7 34.6 129.8 141.8



Self-employed 24.9 236.4 211.2 461.3 668.4 98.5 794.9 1029.5

Retired 11.7 124.2 114.5 180.6 356.8 30.0 174.7 295.0


Housing statusOwner 16.8 155.3 140.0 239.5 551.1 40.1 317.4 450.7

Renter or other 8.6 * 102.0 81.4 264.3 53.4 51.5 73.7


Less than 25 5.9 42.5 * * * 3.5 12.2 11.4

25-49.9 10.2 57.2 24.8 16.2 14.0 8.2 49.6 59.7

50-74.9 14.5 116.5 48.6 18.8 62.6 15.6 138.5 175.0

75-89.9 17.0 200.9 94.9 73.6 136.6 27.9 272.7 387.9

90-100 33.3 368.7 266.3 573.5 1114.4 132.4 1269.5 1914.8


Primaryresidence



property

Businessequity

Anynonfinancial

asset

Anyasset

8 F il h ldi f fi i l t d f t b l t d h t i ti f f ili d t f t 1989 2004








Less than 20 56.3 38.9 2.9 3.1 4.4 4.6 67.8 82.6

20-39.9 86.2 56.4 6.9 6.6 7.0 4.3 91.0 97.1

40-59.9 93.9 61.8 11.9 7.5 8.7 9.9 97.1 99.7

60-79.9 96.6 75.9 13.7 10.8 13.6 7.3 98.7 100.0

80-89.9 97.9 83.2 20.0 13.3 17.2 12.0 99.6 100.0

90-100 96.9 90.1 35.8 25.6 34.8 19.1 99.1 99.6


35-44 88.7 64.5 11.8 7.2 15.9 9.4 92.3 96.7

45-54 92.9 75.4 15.9 13.6 15.7 9.8 94.4 96.8

55-64 87.1 77.5 21.9 18.7 16.1 6.4 92.7 96.9

65-74 86.1 79.3 17.8 11.5 8.5 6.5 91.6 96.8

75 or more 73.0 77.2 11.3 6.9 3.9 8.8 91.3 97.5






Self-employed 95.4 76.7 22.5 20.2 62.8 12.0 98.2 99.0

Retired 78.7 73.5 13.9 9.3 4.2 5.6 89.1 95.6

Other not working 62.9 33.3 5.2 3.0 * 5.1 67.0 78.4

Housing status



Less than 25 65.7 10.7 * * 1.6 3.2 67.2 83.3

25-49.9 89.0 64.4 5.5 3.5 6.2 5.3 96.9 100.0

50-74.9 93.2 87.0 11.7 9.5 12.0 9.2 99.3 100.0

75-89.9 96.6 93.1 23.4 17.0 17.2 12.1 99.7 100.0

90-100 96.2 94.1 45.8 35.2 44.5 21.0 99.9 100.0

Primaryresidence



property

Businessequity

Anynonfinancial

asset

Anyasset








Less than 20 3.4 52.7 32.9 26.4 38.2 2.5 27.7 20.5

20-39.9 5.5 65.9 30.3 11.9 36.9 9.2 48.5 55.5

40-59.9 7.8 87.0 52.7 25.0 65.9 6.6 65.9 84.4

60-79.9 12.1 112.0 52.7 39.5 72.5 6.6 122.2 162.2

80-89.9 14.3 131.8 76.4 32.9 52.7 17.1 165.5 238.1

90-100 19.9 237.2 125.2 105.4 289.9 32.9 377.0 642.3

Age of head (years)

Less than 35 7.8 90.9 42.2 33.5 39.5 5.3 22.9 30.735-44 9.9 118.6 46.8 39.5 59.3 10.5 108.6 129.1

45-54 11.1 118.6 85.7 32.9 131.8 17.1 124.4 162.2

55-64 10.9 111.9 65.9 46.1 154.2 13.2 140.3 185.4

65-74 6.6 90.9 59.3 54.7 197.7 11.9 104.0 140.8

75 or more 5.9 92.3 75.8 24.4 105.4 8.6 91.9 118.0






Self-employed 14.9 164.7 98.8 79.1 112.0 21.1 236.4 265.6

Retired 6.0 85.7 59.3 26.4 98.8 9.2 86.4 112.7

Other not working 5.5 73.8 39.5 65.9 * 9.9 23.8 26.7

Housing status

Owner 10.9 105.4 63.5 42.2 105.4 10.5 136.5 184.0

Renter or other 5.6 * 65.9 32.9 32.9 6.6 6.7 11.9


Less than 25 3.9 36.9 * * 4.0 1.6 4.7 5.0

25-49.9 7.5 52.7 17.1 11.9 13.2 5.3 44.9 51.5

50-74.9 10.9 100.2 46.1 25.0 37.0 7.9 116.7 154.6

75-89.9 12.6 158.2 65.9 39.5 105.4 13.2 215.9 311.4

90-100 19.8 251.7 138.4 163.3 395.4 32.9 585.4 972.6


Primaryresidence



property

Businessequity

Anynonfinancial

asset

Anyasset



y g y , y yp , y





Less than 20 58.2 39.7 4.0 3.7 4.5 3.7 70.0 84.4

20-39.9 85.3 55.4 7.7 5.6 6.6 6.4 91.4 97.9

40-59.9 91.1 62.6 9.1 7.3 8.8 7.2 95.9 99.9

60-79.9 92.8 77.3 12.6 11.0 12.9 12.2 97.7 99.7

80-89.9 93.8 85.9 16.7 15.5 16.5 10.0 99.2 100.0

90-100 92.3 91.3 34.5 22.0 28.8 21.1 99.6 100.0


35-44 84.7 64.7 9.7 7.0 14.3 10.0 90.6 96.2

45-54 88.2 75.3 16.3 14.3 15.5 11.4 93.6 97.3

55-64 88.4 82.0 19.9 13.4 12.7 10.2 93.9 96.4

65-74 82.5 79.5 16.1 15.7 8.7 9.0 92.6 97.7

75 or more 72.2 72.8 12.2 6.1 3.8 5.6 89.9 98.4






Self-employed 86.1 74.5 21.3 21.9 58.1 15.5 96.0 97.8

Retired 76.1 70.7 13.1 8.3 3.5 5.8 88.2 95.6


Housing status



Less than 25 65.3 13.6 * 0.8 1.5 3.1 68.4 85.5

25-49.9 87.8 64.1 5.4 4.7 5.7 6.9 96.3 100.0

50-74.9 91.0 88.3 11.1 8.5 12.4 10.5 99.0 100.0

75-89.9 92.1 92.3 21.3 15.6 16.6 12.3 99.8 100.0

90-100 92.4 93.5 42.5 33.9 37.1 20.5 99.9 100.0

Primaryresidence



property

Businessequity

Anynonfinancial

asset

Anyasset







Less than 20 4.7 55.4 36.9 14.5 56.0 7.4 20.5 18.5

20-39.9 7.6 80.0 32.3 18.7 36.9 7.1 53.1 68.4

40-59.9 11.3 92.3 51.2 24.6 30.8 6.2 79.8 103.6

60-79.9 15.9 117.0 61.6 43.1 32.3 9.8 128.4 172.4

80-89.9 20.3 147.7 78.8 20.9 61.6 24.6 184.7 253.9

90-100 27.5 215.4 123.1 99.7 205.6 20.9 310.1 577.5

Age of head (years)

Less than 35 10.9 93.6 41.9 14.8 24.6 6.2 27.1 39.535-44 13.1 117.0 57.9 24.6 43.1 12.3 118.5 136.1

45-54 15.9 123.1 73.9 24.6 86.2 12.3 139.1 185.2

55-64 14.1 107.1 67.7 78.5 80.0 12.3 133.0 197.9

65-74 10.1 104.6 70.2 52.9 123.7 17.2 116.8 154.1

75 or more 6.5 98.5 33.2 7.4 43.3 9.8 97.3 118.6






Self-employed 15.6 147.7 98.5 64.8 92.3 9.8 213.0 281.0

Retired 9.1 93.6 55.4 43.1 86.2 12.3 97.3 118.2


Housing status

Owner 14.7 110.8 64.0 43.1 67.7 12.3 142.6 195.5

Renter or other 7.8 * 46.2 14.8 27.1 6.2 9.1 15.2


Less than 25 5.5 33.2 * 3.7 1.8 3.1 7.2 7.0

25-49.9 10.6 61.6 34.5 8.6 12.3 6.2 50.7 60.0

50-74.9 14.0 104.6 37.5 14.8 27.1 9.8 125.0 159.0

75-89.9 17.5 155.1 61.6 48.8 110.8 12.3 208.6 317.1

90-100 24.9 227.7 153.9 123.1 398.1 30.8 488.2 930.9


Primaryresidence



property

Businessequity

Anynonfinancial

asset

Anyasset










Less than 20 6.8 69.2 69.5 90.7 230.0 15.2 69.3 73.7

20-39.9 9.7 96.3 53.6 61.2 111.4 12.6 84.6 116.3

40-59.9 13.8 108.7 85.0 66.1 127.9 16.3 110.2 156.7

60-79.9 19.0 133.4 106.5 100.5 179.1 30.3 176.0 255.8

80-89.9 24.3 170.8 126.9 99.8 241.1 49.3 253.0 400.3

90-100 32.8 292.0 222.9 421.2 1328.3 128.9 878.7 1478.6

Age of head (years)

Less than 35 13.7 102.9 78.8 44.2 108.3 22.9 75.7 97.0

35-44 17.0 145.0 101.7 81.4 326.4 26.9 191.1 248.2

45-54 20.6 169.4 141.5 126.0 562.4 49.4 298.4 447.3

55-64 18.4 155.6 153.4 272.0 855.9 74.3 348.0 536.2

65-74 15.6 132.5 148.8 239.7 778.0 81.4 275.0 457.6

75 or more 11.2 126.5 126.3 213.5 665.8 109.5 177.7 327.1






Self-employed 22.2 220.7 224.7 335.5 662.5 88.5 732.4 963.0

Retired 14.0 122.4 107.8 176.1 641.2 53.4 171.5 302.9


Housing statusOwner 19.0 141.8 134.0 184.5 567.3 58.8 285.3 437.6

Renter or other 10.4 * 114.0 67.9 104.3 20.9 33.3 70.4


Less than 25 7.8 53.3 * -25.5 7.9 5.5 18.6 17.6

25-49.9 12.8 73.4 38.1 11.8 19.4 8.0 65.0 76.6

50-74.9 16.6 117.6 47.9 26.9 41.4 17.9 135.0 174.4

75-89.9 20.5 166.7 79.2 61.2 112.6 30.4 221.9 343.9

90-100 33.4 311.1 257.6 389.5 1298.7 158.9 1079.1 1872.4


Primaryresidence



property

Businessequity

Anynonfinancial

asset

Anyasset


1998 S f C Fi







Less than 20 58.7 38.8 1.9 2.1 3.8 2.3 68.7 87.1

20-39.9 81.9 55.3 6.8 6.1 5.7 7.4 89.5 98.1

40-59.9 89.2 67.3 11.8 7.7 9.0 8.9 95.4 99.2

60-79.9 93.0 79.1 17.0 9.4 13.9 10.5 97.3 99.8

80-89.9 92.8 88.2 17.7 14.0 18.8 9.4 98.5 100.0

90-100 90.0 93.1 35.5 21.0 31.0 17.0 99.0 100.0


35-44 85.8 67.1 12.2 7.5 14.7 8.8 92.1 97.6

45-54 87.5 74.4 16.2 12.1 16.2 9.2 92.9 96.7

55-64 88.7 80.3 20.4 10.4 14.3 8.5 93.8 98.2

65-74 83.4 81.5 18.4 15.1 10.1 10.3 92.0 98.5

75 or more 69.8 77.0 13.6 8.1 2.7 7.0 87.2 96.4






Self-employed 89.5 81.3 25.3 17.6 63.4 13.3 98.1 99.2

Retired 73.4 72.4 14.4 10.1 3.6 6.4 85.2 94.7


Housing status



Less than 25 62.3 14.0 * * 1.4 2.7 65.2 87.4

25-49.9 87.4 67.3 5.9 3.5 6.5 7.9 96.0 100.0

50-74.9 90.3 89.3 11.8 7.8 10.6 8.9 99.1 100.0

75-89.9 90.8 94.0 26.2 16.8 17.9 11.4 99.2 100.0

90-100 92.0 95.1 41.7 30.3 41.4 18.8 99.6 100.0

Primaryresidence



property

Businessequity

Anynonfinancial

asset

Anyasset

1998 Survey of Consumer FinancesOther Equity in Any






Less than 20 4.8 63.8 92.7 11.6 33.3 5.8 25.9 17.4

20-39.9 7.3 86.9 69.6 27.8 45.2 5.8 60.6 70.8

40-59.9 11.2 98.5 55.1 31.9 46.4 7.0 90.9 123.2

60-79.9 16.3 127.5 75.4 34.8 58.0 11.6 143.3 215.4

80-89.9 21.4 158.8 61.8 34.8 58.0 11.6 190.7 314.8

90-100 29.5 260.8 139.9 132.2 255.1 34.8 384.1 703.2

Age of head (years)

Less than 35 10.3 97.4 49.3 29.0 39.4 5.8 26.3 33.5

35-44 13.2 117.1 52.2 23.2 72.5 9.3 119.9 148.4

45-54 14.8 139.1 85.8 54.5 115.9 16.2 147.0 207.4

55-64 15.7 127.5 81.2 62.6 72.5 32.5 147.1 229.8

65-74 12.5 110.1 86.9 52.2 76.8 11.6 127.4 190.2

75 or more 8.1 98.5 119.4 62.6 46.4 11.6 111.4 156.5






Self-employed 17.9 169.3 98.5 97.4 115.9 58.0 293.4 381.6

Retired 9.9 103.2 104.3 58.0 58.0 11.6 113.5 156.5


Housing status

Owner 15.3 115.9 75.4 52.2 86.9 15.1 151.3 223.6

Renter or other 7.2 * 74.9 17.4 35.9 5.8 8.3 13.5


Less than 25 5.7 46.4 * * 4.1 1.2 7.4 6.9

25-49.9 9.9 69.6 43.5 11.6 13.9 5.8 59.9 70.5

50-74.9 14.6 110.1 40.6 26.7 46.4 10.1 135.8 191.8

75-89.9 18.0 162.3 92.7 52.2 101.4 17.4 253.3 420.0

90-100 27.0 289.8 173.9 139.1 347.8 63.8 600.5 1,129.2


Primaryresidence



property

Businessequity

Anynonfinancial

asset

Anyasset









Less than 20 7.3 79.9 155.2 119.4 154.3 12.1 68.4 72.9

20-39.9 10.2 102.2 97.6 110.3 107.5 16.1 95.7 132.7

40-59.9 14.3 116.1 85.8 81.2 182.0 23.3 131.6 186.2

60-79.9 19.3 151.1 112.4 99.4 214.5 25.7 204.1 310.5

80-89.9 23.9 188.0 136.4 104.4 247.3 38.4 280.9 471.8

90-100 41.4 353.0 255.5 529.7 1561.0 138.5 1086.1 1969.8


35-44 18.4 157.0 113.7 94.2 360.8 22.0 214.2 311.1

45-54 20.3 182.8 144.5 196.7 664.8 79.4 339.6 515.6

55-64 22.8 186.0 177.2 368.8 903.5 81.3 405.2 690.0

65-74 17.7 161.1 168.6 246.5 687.3 58.3 314.8 576.5

75 or more 12.4 143.8 204.4 201.8 1079.0 44.1 223.9 382.1






Self-employed 26.9 261.3 200.1 437.6 694.9 100.1 833.5 1189.0

Retired 16.2 143.0 173.4 183.5 446.5 51.1 209.2 395.6


Housing status

Owner 20.6 160.8 155.5 218.0 649.5 57.1 329.8 545.8

Renter or other 9.9 * 115.8 120.0 116.0 17.1 34.1 66.4


Less than 25 7.9 62.2 * * 6.6 5.7 22.3 20.0

25-49.9 12.7 77.4 47.0 15.2 20.0 9.3 71.3 84.9

50-74.9 17.4 125.4 53.5 34.3 63.3 20.4 146.5 204.5

75-89.9 22.1 188.0 113.4 77.5 137.3 28.4 269.4 444.2

90-100 39.6 387.1 297.0 487.5 1423.8 149.0 1299.7 2384.9


Primaryresidence



property

Businessequity

Anynonfinancial

asset

Anyasset









Less than 20 56.8 40.6 3.1 2.8 2.5 2.9 67.7 85.6

20-39.9 86.7 57.3 5.4 6.7 7.1 5.8 93.1 98.3

40-59.9 91.6 66.0 7.9 6.7 8.8 6.2 95.6 99.8

60-79.9 94.8 81.8 14.2 7.0 12.0 8.7 97.8 100.0

80-89.9 95.4 90.9 19.7 12.1 18.7 9.4 99.4 100.0

90-100 92.8 94.4 32.8 23.9 39.0 17.9 99.5 100.0


35-44 88.9 67.8 9.2 7.4 14.2 7.8 93.2 97.4

45-54 90.5 76.2 14.7 10.0 17.1 7.2 95.2 98.1

55-64 90.7 83.2 18.3 12.3 15.6 7.9 95.4 98.4

65-74 81.3 82.5 13.7 12.9 11.7 9.7 91.6 97.1

75 or more 73.9 76.2 15.2 8.3 2.4 5.8 86.4 97.8






Self-employed 88.6 80.3 19.5 17.9 60.8 14.0 97.1 98.6

Retired 77.1 73.8 12.0 8.2 3.3 5.3 86.7 95.8

Other not working 63.8 43.6 4.9 3.8 5.8 * 70.3 82.2

Housing status



Less than 25 64.8 14.4 * * 1.2 3.0 68.2 87.0

25-49.9 86.7 69.6 4.5 3.6 4.0 5.0 96.3 100.0

50-74.9 94.2 91.4 12.8 7.8 11.6 6.7 98.7 100.0

75-89.9 93.0 95.0 19.5 15.6 22.3 10.1 99.6 100.0

90-100 94.1 95.9 38.8 29.9 42.7 22.7 99.7 100.0

Primaryresidence



property

Businessequity

Anynonfinancial

asset

Anyasset


F il h i i V hi l O hPrimary

Other id i l

Equity inid i l

BusinessAnyfi i l

Any





Percentiles of incomeLess than 20 5.7 69.2 26.6 34.6 60.0 6.4 36.5 25.6

20-39.9 8.9 85.2 79.9 32.0 37.3 6.4 60.7 71.8

40-59.9 13.4 101.2 53.3 32.0 65.7 10.7 98.2 122.5

60-79.9 18.7 138.5 74.6 53.3 66.6 10.7 161.5 245.2

80-89.9 24.2 186.4 66.6 49.0 106.5 21.3 239.2 401.6

90-100 31.9 319.5 213.0 155.8 285.7 53.3 510.8 1,075.1

Age of head (years)

Less than 35 12.1 101.2 79.9 35.5 53.3 10.7 31.7 41.4

35-44 15.8 133.1 79.9 42.1 106.5 9.6 125.5 167.9

45-54 16.7 143.8 69.2 60.3 108.6 11.7 150.8 226.0

55-64 16.1 138.5 85.2 83.6 106.5 32.0 157.5 242.1

65-74 14.5 137.4 154.4 53.3 106.5 21.3 158.9 228.6

75 or more 9.4 118.2 85.2 29.8 544.2 12.8 130.6 182.1






Self-employed 20.5 213.0 159.8 109.1 140.9 32.0 356.8 467.8

Retired 10.7 106.5 90.5 61.8 69.8 21.3 111.9 157.5


Housing status

Owner 17.2 131.0 85.2 53.3 114.7 16.0 167.2 257.1

Renter or other 8.1 * 63.9 34.6 37.3 6.4 9.4 14.3


Less than 25 6.7 51.7 * * 10.7 4.3 8.8 8.7

25-49.9 12.5 74.6 25.6 9.6 16.0 10.7 67.4 80.1

50-74.9 16.1 127.8 46.9 32.0 53.3 10.7 154.4 231.0

75-89.9 20.3 213.0 90.5 53.8 127.8 19.2 300.1 542.3

90-100 30.7 372.8 226.3 225.5 532.6 42.6 758.9 1,537.4


Primaryresidence

residential property

nonresidential property

Businessequity

nonfinancialasset

Anyasset


2001 Survey of Consumer FinancesOther Equity in Any







Less than 20 8.4 79.7 39.7 67.2 196.3 13.4 67.4 75.9

20-39.9 11.9 116.7 105.1 89.4 128.2 19.0 106.4 145.9

40-59.9 15.6 129.7 110.1 93.2 157.5 15.4 135.7 214.9

60-79.9 22.2 174.1 110.4 178.1 246.8 23.6 228.1 382.2

80-89.9 28.0 221.5 137.6 163.9 354.3 38.0 347.0 594.7

90-100 40.9 473.8 413.7 649.9 1626.0 180.3 1448.6 2603.8


35-44 19.7 191.4 124.7 146.3 506.9 27.9 261.6 366.6

45-54 22.6 216.1 179.9 199.8 675.7 98.5 372.3 609.6

55-64 23.1 212.7 211.1 380.9 1017.2 112.2 472.6 852.9

65-74 20.4 198.2 375.5 547.7 934.3 83.6 457.8 776.8

75 or more 14.2 178.9 161.0 239.5 1480.0 37.0 264.3 520.4






Self-employed 29.8 337.1 306.7 469.6 877.9 122.6 1022.1 1478.3

Retired 16.6 171.5 242.4 409.2 775.8 90.0 268.0 520.9


Housing status

Owner 22.7 192.6 204.2 298.8 744.9 67.0 397.9 678.0

Renter or other 10.8 * 151.4 81.8 246.1 35.2 38.6 76.0


Less than 25 8.9 54.6 * * 18.9 4.7 20.9 19.4

25-49.9 14.7 81.0 31.1 14.7 23.1 13.1 75.4 90.6

50-74.9 19.5 142.2 74.3 40.5 68.3 21.3 172.6 241.0

75-89.9 24.4 236.7 124.9 108.1 180.4 29.6 333.4 561.9

90-100 41.6 501.2 414.0 646.8 1713.1 153.8 1644.9 3094.0


Primaryresidence



property

Businessequity

Anynonfinancial

asset

Anyasset


2004 Survey of Consumer FinancesO h E i i A






Less than 20 65.0 40.3 3.6 2.7 3.7 3.9 76.4 92.2

20-39.9 85.3 56.9 6.9 3.8 6.7 4.3 92.0 97.8

40-59.9 91.6 71.6 10.0 7.6 9.5 7.6 96.7 99.8

60-79.9 95.3 83.1 14.0 10.5 12.1 10.4 98.4 100.0

80-89.9 95.9 91.9 19.4 12.9 15.9 8.4 99.1 99.8

90-100 93.1 94.7 37.2 20.8 34.7 16.7 99.3 100.0


35-44 89.4 68.3 9.4 6.4 13.9 6.0 93.0 97.7

45-54 88.8 77.3 16.3 11.4 15.7 9.7 94.7 98.3

55-64 88.6 79.1 19.5 12.8 15.8 9.2 92.6 97.5

65-74 89.1 81.3 19.9 10.6 8.0 9.0 95.6 99.5

75 or more 76.9 85.2 9.7 7.7 5.3 8.5 92.5 99.6






Self-employed 91.2 79.1 25.8 18.7 58.1 12.9 97.5 99.1

Retired 79.0 75.8 12.8 7.9 3.5 7.1 89.8 97.7

Other not working 66.9 40.0 5.4 * 6.9 6.4 76.3 89.6

Housing status



Less than 25 69.8 15.2 * * * 2.9 73.7 91.7

25-49.9 89.2 71.2 4.9 4.1 5.6 5.4 97.5 100.0

50-74.9 92.0 93.4 12.7 8.3 11.2 7.8 99.0 100.0

75-89.9 95.2 96.2 23.1 15.1 19.9 12.3 99.8 100.0

90-100 93.1 96.9 45.6 28.8 40.8 18.8 99.9 100.0

Primaryresidence



property

Businessequity

Anynonfinancial

asset

Anyasset


Family characteristic Vehicles OtherPrimary

Other residential


BusinessAny

nonfinancialAny





Percentiles of incomeLess than 20 4.5 70.0 33.0 11.0 30.0 4.5 22.4 17.0

20-39.9 7.8 100.0 65.0 30.0 30.0 7.0 71.1 78.2

40-59.9 13.1 135.0 55.0 36.0 62.5 10.0 132.3 154.6

60-79.9 19.8 175.0 100.0 43.0 150.0 10.0 197.2 289.2

80-89.9 25.8 225.0 98.0 60.0 100.0 17.5 281.8 458.5

90-100 33.0 450.0 261.3 189.0 350.0 50.0 651.2 1,157.7

Age of head (years)

Less than 35 11.3 135.0 82.5 55.0 50.0 5.0 32.3 39.2

35-44 15.6 160.0 80.0 42.2 100.0 10.0 151.3 173.4

45-54 18.8 170.0 90.0 43.0 144.0 20.0 184.5 234.9

55-64 18.6 200.0 135.0 75.0 190.9 25.0 226.3 351.2

65-74 12.4 150.0 80.0 78.0 100.0 30.0 161.1 233.2

75 or more 8.4 125.0 150.0 85.8 80.3 11.0 137.1 185.2






Self-employed 21.9 248.0 141.5 125.0 174.0 30.0 335.4 468.3

Retired 10.1 130.0 100.0 60.0 120.0 25.0 131.7 165.6


Housing status

Owner 17.5 160.0 100.0 62.0 122.8 17.5 201.6 289.9

Renter or other 7.2 * 80.0 56.0 50.0 8.0 8.4 12.2


Less than 25 5.6 65.0 * * * 3.0 7.4 7.7

25-49.9 11.9 85.0 25.6 14.9 17.5 6.0 72.4 84.5

50-74.9 17.4 159.3 65.0 25.0 55.0 10.0 188.1 257.3

75-89.9 22.6 250.0 100.0 73.9 150.0 25.0 360.8 600.2

90-100 30.6 450.0 325.0 250.0 527.4 80.0 907.7 1,572.6


residenceresidential property


equitynonfinancial

assetasset



Other residentialEquity in

BusinessAny

Any



Family characteristic Vehicles Primary residence Other




Less than 20 7.9 103.0 120.1 112.1 334.0 14.1 87.8 92.8

20-39.9 10.9 131.3 115.4 130.7 207.4 18.9 121.4 154.1

40-59.9 15.9 176.6 107.8 154.5 157.8 47.3 188.2 254.0

60-79.9 23.9 224.2 191.9 142.9 294.6 33.9 294.6 435.1

80-89.9 28.9 286.9 171.0 158.5 265.7 43.1 394.6 632.2

90-100 45.4 615.1 544.0 754.6 1961.9 185.5 1708.3 2790.6


35-44 21.0 236.7 237.2 276.6 543.5 26.7 320.2 414.2

45-54 23.1 273.7 280.1 215.2 863.5 62.5 468.1 667.7

55-64 26.6 318.7 333.7 350.1 1058.4 93.4 606.2 954.3

65-74 19.6 229.2 226.0 511.5 1167.7 98.9 424.2 732.2

75 or more 13.7 212.5 303.2 304.5 936.7 130.8 329.7 552.0






Self-employed 31.3 392.7 417.1 578.8 985.2 114.3 1170.7 1580.6

Retired 16.4 209.3 243.7 252.8 627.7 107.1 281.1 506.4


Housing status

Owner 23.5 246.8 283.7 301.0 833.2 76.8 475.5 734.5

Renter or other 10.4 * 160.2 268.1 251.6 21.4 45.4 69.5


Less than 25 8.4 71.4 * * * 4.5 23.0 21.1

25-49.9 14.3 96.9 39.4 17.0 20.9 12.0 88.3 102.7

50-74.9 20.6 184.7 76.1 40.6 79.9 22.2 217.1 278.0

75-89.9 27.3 294.6 146.2 140.8 195.1 43.1 409.4 629.3

90-100 43.6 669.7 559.4 713.6 1947.6 199.0 1982.9 3327.9




Businessequity

nonfinancialasset

Anyasset

9. Family holdings of unrealized capital gains, by selected characteristics of families, 1989-2004 surveys



y g p g , y , y


Family characteristic1989 1992 1995 1998 2001 2004

Median Mean Median Mean Median Mean Median Mean Median Mean Median Mean

All Families 14.7 105.4 9.9 92.3 6.8 83.3 12.5 111.9 16.0 138.2 23.0 161.7


Less than 20 † 14.4 † 21.0 † 19.1 † 20.8 † 18.6 † 31.1

20-39.9 2.6 39.1 1.4 33.6 0.4 31.2 2.1 34.0 1.5 44.0 3.0 52.0

40-59.9 13.2 62.4 4.1 51.3 4.6 40.4 10.6 51.2 10.1 49.1 21.0 74.4

60-79.9 24.9 75.0 21.2 63.8 16.4 56.9 23.4 76.3 29.8 91.8 46.2 120.0

80-89.9 51.3 124.2 32.4 109.4 33.2 85.5 39.6 110.5 58.6 150.7 70.0 155.9

90-100 154.2 547.9 122.6 473.7 80.0 452.6 112.5 643.7 170.4 824.1 223.5 905.7

Age of head (years)

Less than 35 † 23.7 † 17.6 † 11.8 † 17.9 † 30.3 † 28.1

35-44 16.2 79.1 6.6 71.9 4.9 44.7 8.2 73.4 11.7 98.9 19.4 119.645-54 46.9 151.9 23.7 136.3 22.9 117.7 25.9 146.0 29.8 164.5 39.0 205.4

55-64 44.0 185.3 38.2 173.5 34.0 169.5 40.8 216.8 43.6 237.2 58.0 286.7

65-74 38.9 160.7 39.5 143.4 36.9 145.3 53.9 190.2 51.1 254.9 50.0 231.4

75 or more 24.8 145.3 33.4 87.6 40.2 106.0 41.7 131.8 53.3 159.8 58.1 189.0

Note: See note to table 1. † Less than 0.05 ($50).

10. Amount of debt of all families, distributed by type of debt, 1989-2004 surveys

Percent



Percent

Type of debt 1989 1992 1995 1998 2001 2004

Secured by residential property

Primary residence 69.0 72.1 73.1 71.4 75.2 75.2

Other 7.7 10.3 7.6 7.5 6.2 8.5

Lines of credit not secured by residential property 1.4 0.8 0.6 0.3 0.5 0.7

Installment loans 16.8 11.4 12.0 13.1 12.3 11.0

Credit card balances 2.8 3.2 3.9 3.9 3.4 3.0

Other 2.2 2.3 2.9 3.7 2.3 1.6

Total 100 100 100 100 100 100

Memo

Debt as a percentageof total assets 12.2 14.5 14.6 14.2 12.1 15.0

Note: See note to table 1.

11. Family holdings of debt, by selected characteristics of families and type of debt, 1989-2004 surveys

1989 S f C Fi




Family characteristicSecured by residential property

Other

Other

Percentage of families holding debt

All families 39.5 5.1 3.2 49.5 39.7 6.7 72.3


Less than 20 7.6 * * 32.9 15.3 5.9 47.1

20-39.9 23.4 * * 40.4 27.6 5.2 59.5

40-59.9 37.8 3.3 * 54.1 48.9 4.9 78.1

60-79.9 56.4 5.5 4.3 63.8 57.3 5.9 86.2

80-89.9 70.0 10.7 8.5 63.7 58.3 7.9 93.7

90-100 74.2 19.3 5.8 48.6 40.5 14.9 87.6

Age of head (years)

Less than 35 34.9 1.6 4.4 60.8 44.5 6.1 80.0

35-44 57.9 7.0 4.7 67.6 50.5 8.5 88.6

45-54 58.3 10.7 4.0 59.3 49.3 9.4 85.3

55-64 37.0 7.4 1.5 38.5 32.9 8.1 70.8

65-74 21.7 4.0 * 21.5 27.2 3.3 49.6

75 or more 6.3 * * 9.8 10.1 1.9 21.0

Race or ethnicity of respondent White non-Hispanic 43.0 5.7 3.0 49.4 41.5 7.2 73.3

Nonwhite or Hispanic 28.9 3.3 3.5 49.7 34.4 5.1 69.4


Working for someone else 49.8 5.8 4.6 61.7 53.4 7.5 86.4

Self-employed 49.8 8.6 4.4 54.0 29.4 10.7 80.1

Retired 16.7 2.8 * 21.9 18.3 3.3 40.2

Other not working 19.9 * * 41.1 20.6 * 59.9

Housing status

Owner 61.8 6.7 2.8 50.8 43.9 6.8 78.3

Renter or other * 2.3 3.9 47.0 32.2 6.4 61.8


Less than 25 5.3 * 3.3 49.1 27.6 7.6 60.7

25-49.9 39.7 1.6 3.4 58.2 48.2 3.5 78.1

50-74.9 57.7 4.4 2.6 52.9 49.3 5.1 77.3

75-89.9 60.2 9.4 2.6 41.2 43.4 8.7 76.0

90-100 47.8 20.1 4.4 32.3 19.1 12.9 68.7

nes o crenot secured by

residentialInstallment

loansCredit card balances

AnydebtPrimary

residence

1989 Survey of Consumer Financesnes o cre




Other

Other

Median value of holdings for families holding debt (thousands of 2004 dollars)

All families 46.9 36.7 2.9 7.5 1.3 2.9 22.0


Less than 20 10.3 * * 2.1 0.4 0.7 2.1

20-39.9 19.1 * * 4.5 0.9 1.5 7.3

40-59.9 30.8 20.5 * 8.6 1.2 1.3 17.3

60-79.9 54.2 21.0 2.9 10.2 1.5 1.8 40.9

80-89.9 61.6 39.6 2.6 12.3 2.1 5.9 57.7

90-100 102.6 61.6 6.9 12.0 3.1 7.3 107.8

Age of head (years)

Less than 35 64.5 23.5 2.1 7.0 1.5 1.2 16.7

35-44 58.6 51.3 4.4 10.2 1.6 1.8 44.1

45-54 38.1 29.3 1.9 10.2 1.5 4.4 34.7

55-64 29.3 49.8 2.9 5.3 1.5 4.0 14.0

65-74 13.3 18.3 * 4.8 0.8 2.9 7.3

75 or more 10.3 * * 4.4 0.3 7.3 4.1


White non-Hispanic 49.8 38.0 3.7 8.8 1.4 2.9 27.1 Nonwhite or Hispanic 39.6 31.9 2.1 4.4 1.2 1.0 10.5



Self-employed 51.3 58.6 14.4 11.6 1.5 7.3 38.5

Retired 16.1 20.5 * 5.1 0.8 1.5 7.3


Housing statusOwner 46.9 39.6 4.4 9.7 1.5 4.0 45.9

Renter or other * 25.7 1.8 4.8 1.2 1.0 4.5


Less than 25 54.2 * 2.5 4.3 1.5 0.9 4.6

25-49.9 42.1 17.6 1.9 7.0 1.0 1.3 16.7

50-74.9 45.4 20.5 2.9 9.9 1.4 1.8 41.4

75-89.9 55.7 36.1 4.4 11.0 1.5 4.8 46.4

90-100 67.4 66.0 14.7 11.7 2.2 10.3 73.3


not secured byresidential

Installmentloans

Credit card balances

AnydebtPrimary

residence







Other

Primary residence Other


Mean value of holdings for families holding debt (thousands of 2004 dollars)

All families 66.5 57.3 17.1 12.9 2.7 12.5 52.6


Less than 20 19.1 * * 4.8 0.8 5.9 7.7

20-39.9 29.5 * * 7.4 1.7 4.7 18.4

40-59.9 41.4 34.0 * 12.8 2.4 5.4 32.2

60-79.9 62.9 30.2 4.4 15.5 2.8 11.4 57.4

80-89.9 72.8 54.2 15.0 14.1 3.1 17.4 75.0

90-100 124.5 88.7 60.8 25.1 5.6 26.3 150.0

Age of head (years)

Less than 35 79.3 52.7 2.9 11.6 2.7 5.3 46.5

35-44 78.5 64.0 12.2 14.5 2.9 7.5 70.4

45-54 57.6 50.2 25.5 14.9 3.1 19.4 61.2

55-64 54.6 74.4 17.8 12.6 2.6 17.4 46.7

65-74 24.2 33.8 * 7.7 1.8 22.3 22.0

75 or more 29.1 * * 11.6 0.9 25.4 18.0


White non-Hispanic 67.5 57.3 22.4 14.0 2.6 13.0 57.3




Self-employed 92.8 87.8 59.0 24.9 3.6 30.7 92.8

Retired 29.5 31.9 * 9.9 1.4 10.7 22.0Other not working 43.7 * * 6.9 2.9 * 21.6

Housing status

Owner 66.5 60.1 24.8 15.3 2.9 14.8 71.4

Renter or other * 42.4 7.3 8.5 2.3 8.2 10.5


Less than 25 66.7 * 3.0 9.5 2.7 5.7 16.2

25-49.9 46.2 25.9 3.4 10.1 2.3 6.2 33.4

50-74.9 60.0 32.9 8.6 12.7 2.5 6.6 57.7

75-89.9 71.9 41.2 4.6 17.7 3.4 7.4 74.5

90-100 117.9 89.5 93.4 30.5 4.4 38.0 137.0


Lines of creditnot secured by

residential

property

Installmentloans


Anydebt







Other

Other

Percentage of families holding debtAll families 39.1 5.7 2.3 46.0 43.7 8.4 73.2


Less than 20 10.4 * * 31.2 23.4 4.5 48.9

20-39.9 21.2 1.9 * 42.2 41.9 6.0 65.8

40-59.9 36.1 4.0 2.2 54.7 51.9 9.2 79.1

60-79.9 56.8 5.7 2.9 54.0 55.6 9.6 84.8

80-89.9 67.3 9.8 5.0 55.1 53.6 9.2 87.5

90-100 74.7 22.4 4.3 40.7 37.9 16.0 87.4

Age of head (years)

Less than 35 30.9 3.0 2.8 61.7 51.8 6.4 81.5

35-44 55.5 7.1 3.3 57.8 50.9 11.5 86.3

45-54 61.4 9.3 2.6 49.9 48.9 10.4 85.4

55-64 40.8 9.9 1.6 38.8 37.2 9.6 70.1

65-74 18.5 3.1 1.0 22.9 32.1 6.0 51.4

75 or more 8.6 0.7 * 8.3 20.1 4.4 31.6





Self-employed 58.9 12.8 3.7 47.9 47.5 12.4 85.1

Retired 16.9 2.6 * 21.1 25.3 5.2 45.1

Other not working 20.1 2.6 * 41.3 29.2 6.4 64.3

Housing status

Owner 61.2 6.9 2.0 44.3 46.6 9.1 78.5

Renter or other * 3.4 2.9 48.9 38.6 7.1 64.0


Less than 25 7.9 * 2.4 52.1 38.8 7.7 64.9

25-49.9 42.8 2.7 1.9 56.6 52.4 8.3 79.2

50-74.9 52.8 4.9 2.1 44.8 49.5 7.2 77.3

75-89.9 51.2 9.9 2.9 33.8 39.5 7.8 71.3

90-100 55.5 20.7 3.2 25.5 26.0 14.2 71.9




AnydebtPrimary

residence


S d b id i lnes o cre

d b ll di d




Other

Other


All families 56.7 32.9 2.6 6.1 1.3 3.3 22.6


Less than 20 19.3 * * 2.6 0.7 1.4 2.8

20-39.9 26.6 5.3 * 3.9 1.1 1.1 6.9

40-59.9 40.9 20.1 3.5 5.4 1.2 2.6 15.1

60-79.9 58.0 23.7 2.0 8.6 1.9 3.8 40.9

80-89.9 74.2 33.1 2.4 9.7 2.0 4.0 72.0

90-100 110.0 61.9 5.3 13.6 3.0 7.9 123.6

Age of head (years)

Less than 35 67.2 22.4 1.6 6.0 1.2 1.8 13.7

35-44 72.5 35.6 2.4 6.6 1.6 4.0 47.4

45-54 52.7 44.8 6.6 6.2 2.0 4.0 35.6

55-64 39.5 26.4 5.3 5.8 1.3 4.0 25.2

65-74 22.4 22.4 5.3 5.3 1.0 2.0 6.4

75 or more 36.9 315.9 * 4.1 0.7 3.6 3.1





Self-employed 79.1 56.7 4.6 8.4 2.3 6.6 56.7

Retired 25.3 23.7 * 4.5 0.9 2.6 7.3

Other not working 32.9 35.6 * 3.4 1.0 3.3 6.0


Renter or other * 24.0 1.6 4.7 1.2 2.0 4.6


Less than 25 39.5 * 1.6 4.9 1.2 1.4 5.7

25-49.9 45.5 16.5 1.3 5.1 1.4 1.7 19.4

50-74.9 58.0 24.4 2.4 7.6 1.3 3.3 39.9

75-89.9 59.3 29.1 7.9 8.0 1.4 6.6 43.5

90-100 92.3 72.5 23.7 10.7 2.1 7.9 100.2



Installmentloans


AnydebtPrimary

residence








Other



Mean value of holdings for families holding debt (thousands of 2004 dollars)

All families 76.6 75.3 13.6 10.3 3.0 11.6 56.7


Less than 20 36.1 * * 5.5 1.7 11.1 13.3

20-39.9 39.3 13.3 * 8.1 2.1 2.5 20.1

40-59.9 50.1 56.7 5.2 9.7 2.5 10.0 35.4

60-79.9 66.1 51.0 4.6 10.7 3.6 6.8 57.8

80-89.9 83.8 59.2 4.8 11.8 3.7 8.1 81.9

90-100 144.1 114.2 47.9 20.3 5.7 28.0 171.8

Age of head (years)

Less than 35 83.7 61.6 3.1 10.3 2.5 4.1 43.8

35-44 91.6 61.4 2.7 11.1 3.6 10.7 75.1

45-54 71.3 83.0 19.9 9.3 3.9 12.5 70.1

55-64 59.3 75.1 48.6 10.6 2.9 14.6 55.6

65-74 44.2 99.1 56.1 9.0 2.0 26.2 31.3

75 or more 45.3 281.6 * 8.3 2.5 6.7 23.4






Self-employed 106.9 126.2 46.2 14.5 4.5 29.2 109.9

Retired 38.5 70.8 * 8.0 2.1 5.7 24.3Other not working 70.2 29.6 * 8.8 2.2 10.8 30.9

Housing status

Owner 76.6 76.3 22.4 11.6 3.2 14.7 77.2

Renter or other * 71.9 2.6 8.2 2.7 4.5 12.3


Less than 25 46.5 * 2.5 10.6 2.8 6.3 17.625-49.9 56.5 37.5 2.3 8.0 2.8 3.7 39.8

50-74.9 70.3 37.3 3.0 10.3 3.2 7.3 59.1

75-89.9 83.1 49.3 14.4 10.3 3.1 8.3 74.5

90-100 132.1 129.0 68.3 21.3 4.6 38.3 158.8



residential

property

Installmentloans


Anydebt


1995 Survey of Consumer Financesnes o cre




Other

Other


All families 41.0 4.7 1.9 46.0 47.3 8.5 74.5


Less than 20 10.4 1.3 * 27.4 26.0 6.8 49.2

20-39.9 25.9 1.6 * 40.3 43.2 7.9 68.6

40-59.9 38.2 3.1 2.2 49.5 52.9 7.8 79.4

60-79.9 59.1 5.1 2.4 60.2 60.0 9.0 87.4

80-89.9 69.8 7.9 3.8 60.4 61.0 8.2 90.2

90-100 72.9 17.2 3.9 44.5 47.3 13.5 86.1

Age of head (years)

Less than 35 33.0 2.1 2.7 62.5 54.7 7.4 83.5

35-44 54.3 4.9 2.1 59.8 55.9 10.5 87.0

45-54 61.8 8.4 2.2 53.3 56.4 13.0 86.3

55-64 45.2 8.3 1.7 34.8 43.2 7.8 73.7

65-74 24.7 3.5 1.3 16.5 30.5 5.4 53.4

75 or more 6.8 1.0 * 8.8 17.5 2.9 28.4


Nonwhite or Hispanic 30.2 3.5 * 45.3 48.0 8.5 71.6



Self-employed 51.6 8.1 3.6 45.6 45.3 8.8 81.2

Retired 18.7 2.4 * 18.3 25.9 4.6 44.9

Other not working 17.9 * * 40.3 36.8 9.7 62.9

Housing status

Owner 63.3 5.8 1.5 45.4 51.1 8.0 79.6

Renter or other * 2.7 2.6 46.9 40.3 9.4 65.3


Less than 25 9.4 * 2.4 48.8 41.5 9.6 66.5

25-49.9 47.5 2.5 2.2 54.9 55.5 9.4 81.5

50-74.9 55.5 3.3 1.2 47.3 57.2 7.0 79.4

75-89.9 49.4 8.1 * 36.2 39.6 8.2 70.5

90-100 54.5 18.6 3.2 27.9 27.8 7.3 70.8




AnydebtPrimary

residence


FamilycharacteristicSecured by residential property

Other

nes o crenot secured by Installment Credit card Any



Family characteristic Other

Other


All families 63.0 36.9 4.3 7.4 1.8 2.5 26.6


Less than 20 22.8 9.8 * 3.7 0.8 2.5 3.7

20-39.9 33.9 24.6 * 4.4 1.5 1.2 10.4

40-59.9 45.5 26.6 3.7 7.9 1.8 2.5 18.6

60-79.9 70.2 36.9 2.8 8.9 1.9 2.4 51.6

80-89.9 80.0 36.9 4.7 11.9 2.5 4.6 78.8

90-100 112.0 43.1 6.2 12.0 3.4 6.2 121.6

Age of head (years)

Less than 35 76.3 30.8 1.7 8.7 1.6 1.8 18.5

35-44 73.9 39.1 2.5 6.8 2.3 2.5 45.6

45-54 60.3 36.9 7.4 8.9 2.5 3.7 48.2

55-64 45.5 40.6 4.2 6.2 1.6 4.9 25.9

65-74 23.4 40.6 4.7 6.0 1.0 2.5 8.7

75 or more 14.4 9.8 * 4.2 0.4 4.9 2.3






Self-employed 73.9 51.7 8.6 7.3 3.1 6.2 49.2

Retired 28.3 40.6 * 5.0 1.0 3.7 7.4



Renter or other * 60.3 1.7 6.1 1.5 1.8 5.9


Less than 25 58.7 * 3.2 6.6 1.9 1.8 7.6

25-49.9 55.4 23.4 3.7 7.4 1.7 2.0 25.9

50-74.9 64.7 30.8 2.8 7.2 1.8 2.5 45.5

75-89.9 61.6 32.3 * 8.8 1.7 3.7 43.2

90-100 92.3 73.2 9.8 9.6 1.7 11.7 91.0


residential loans balances debtPrimaryresidence







Other



Mean value of holdings for families holding debt (thousands of 2004 dollars)All families 79.6 72.0 13.4 11.6 3.7 15.0 59.9


Less than 20 38.2 31.8 * 7.0 2.5 8.5 15.3

20-39.9 42.5 39.5 * 8.0 2.6 5.4 24.0

40-59.9 54.5 48.4 10.0 11.1 3.5 7.7 38.4

60-79.9 74.4 51.2 5.3 12.2 3.4 6.4 64.8

80-89.9 93.5 65.1 9.8 15.6 4.4 7.9 92.790-100 139.3 107.9 37.0 18.2 6.9 57.2 163.2

Age of head (years)

Less than 35 81.8 53.5 8.2 12.1 3.5 8.5 46.0

35-44 90.4 66.4 5.3 10.5 4.0 9.7 71.2

45-54 83.5 79.3 22.7 14.5 4.5 11.2 81.7

55-64 69.3 76.0 16.9 9.4 3.5 41.6 62.4

65-74 45.0 69.6 29.2 9.7 2.3 30.5 33.5

75 or more 29.7 86.8 * 6.3 1.3 6.8 14.0






Self-employed 105.5 103.9 26.1 13.2 6.1 73.0 97.4

Retired 43.7 60.1 * 7.8 2.3 11.0 27.3


Housing status

Owner 79.6 69.0 19.1 12.6 3.8 19.0 80.3

Renter or other * 83.2 7.3 9.9 3.4 8.9 14.3


Less than 25 67.8 * 4.4 12.3 3.9 8.4 23.0

25-49.9 64.2 35.6 5.7 9.9 2.9 4.6 47.9

50-74.9 76.6 40.3 11.3 10.7 3.9 7.8 65.3

75-89.9 78.9 52.0 * 12.4 4.2 10.0 71.3

90-100 127.3 113.7 45.2 19.4 4.4 96.0 149.2




Installmentloans


Anydebt



S d b id i lnes o cre




Other

Other


All families 43.1 5.0 2.3 43.7 44.1 8.8 74.1


Less than 20 11.2 * * 27.3 24.5 5.5 47.3

20-39.9 23.9 2.0 1.7 36.7 40.9 6.2 66.8

40-59.9 43.7 4.1 2.7 51.2 50.1 7.8 79.9

60-79.9 63.5 6.7 2.9 51.6 57.4 11.3 87.3

80-89.9 73.6 7.8 4.5 58.4 53.1 12.1 89.6

90-100 73.0 15.3 2.5 45.4 42.1 13.9 88.1

Age of head (years)

Less than 35 33.2 1.8 2.4 60.0 50.7 9.6 81.2

35-44 58.7 6.6 3.6 53.3 51.3 11.4 87.6

45-54 58.8 6.7 3.6 51.2 52.5 11.1 87.0

55-64 49.4 7.8 1.6 37.9 45.7 8.3 76.4

65-74 26.0 5.1 * 20.2 29.2 4.1 51.4

75 or more 11.5 1.8 * 4.2 11.2 2.0 24.6





Self-employed 63.1 10.7 3.7 46.3 47.5 10.7 84.6

Retired 18.7 3.1 * 15.9 21.0 3.3 39.9


Housing status

Owner 65.1 6.2 1.8 44.3 46.2 9.3 79.4

Renter or other * 2.7 3.4 42.7 40.0 7.8 63.5


Less than 25 11.2 * 2.8 47.2 39.5 9.3 65.6

25-49.9 47.4 3.2 2.5 49.9 54.8 9.2 81.3

50-74.9 56.2 4.8 1.7 46.3 48.7 7.7 76.8

75-89.9 56.8 8.9 2.0 34.4 36.7 7.6 70.1

90-100 59.1 14.8 2.6 27.3 28.4 10.8 76.0


Installmentloans


AnydebtPrimary

residence



Other



loansCredit card

balancesAnydebtPrimary



Other


All families 71.9 47.5 2.9 10.1 2.0 3.5 37.7


Less than 20 29.0 * * 4.6 1.1 1.2 5.1

20-39.9 42.9 38.3 1.3 7.2 1.4 2.0 11.7

40-59.9 51.0 22.0 1.7 9.3 2.2 2.3 29.6

60-79.9 75.4 34.8 3.2 13.8 2.6 3.5 67.0

80-89.9 93.3 49.4 3.5 13.3 2.3 5.8 98.9

90-100 135.6 81.2 7.4 16.8 3.5 11.6 146.2

Age of head (years)Less than 35 82.3 63.8 1.2 10.5 1.7 2.0 22.3

35-44 81.2 46.4 1.6 8.9 2.3 3.5 64.5

45-54 77.7 46.4 3.5 11.6 2.1 5.8 55.8

55-64 55.6 47.5 5.7 9.6 2.3 5.8 39.6

65-74 30.1 64.9 * 7.5 1.3 5.2 13.8

75 or more 24.6 34.5 * 10.3 0.8 2.0 9.3






Self-employed 85.7 62.6 4.4 12.8 2.3 7.5 74.7

Retired 42.9 39.4 * 7.0 1.2 2.2 12.2


Housing status

Owner 71.9 49.4 2.6 11.1 2.3 4.6 69.9

Renter or other * 31.9 3.2 8.9 1.5 1.5 7.0


Less than 25 65.5 * 1.2 9.2 1.8 1.7 9.7

25-49.9 63.8 33.6 3.5 9.1 2.1 2.3 33.4

50-74.9 68.4 25.5 3.5 10.3 2.1 5.8 53.3

75-89.9 81.2 58.0 1.5 11.9 1.7 7.0 75.4

90-100 115.9 83.5 11.6 17.0 2.2 23.2 112.5





Li f dit





Other





Less than 20 38.7 * * 9.0 2.4 3.1 17.0

20-39.9 50.6 53.1 3.3 10.6 3.4 4.8 28.1

40-59.9 60.0 44.9 4.9 13.6 4.9 6.8 47.7

60-79.9 81.8 68.8 5.0 19.3 5.3 16.7 82.0

80-89.9 99.8 77.8 5.4 18.3 5.2 13.5 105.890-100 172.6 122.9 35.7 30.8 7.8 92.8 199.7

Age of head (years)

Less than 35 87.2 66.9 4.0 17.0 3.8 4.4 52.8

35-44 100.0 80.3 5.4 15.7 5.4 7.0 86.9

45-54 96.6 83.7 8.2 16.8 4.9 41.5 90.2

55-64 83.8 86.4 12.1 17.4 5.8 39.1 79.7

65-74 59.3 91.4 * 12.0 4.5 69.0 52.4

75 or more 42.2 56.6 * 10.3 3.0 62.1 32.3






Self-employed 120.0 108.0 18.0 25.8 6.0 49.7 127.8

Retired 57.7 79.3 * 11.0 3.9 73.5 45.8


Housing status

Owner 90.1 87.3 10.4 17.1 5.1 31.3 97.0

Renter or other * 55.5 5.3 14.7 4.0 4.5 15.6


Less than 25 71.3 * 2.5 16.2 4.8 14.9 30.0

25-49.9 69.0 43.8 4.4 12.4 4.6 3.9 53.2

50-74.9 78.2 35.3 5.6 15.3 4.3 6.8 72.175-89.9 98.1 75.2 3.7 16.0 5.1 22.6 102.0

90-100 158.2 144.5 39.1 39.3 7.2 111.8 185.2




Installmentloans


Anydebt



F il h t i tiSecured by residential property

Oth

nes o cre tnot secured by Installment Credit card Any



Family characteristicy p p y

Other

Other


All families 44.6 4.6 1.5 45.2 44.4 7.2 75.1


Less than 20 13.8 * 1.3 25.5 30.3 5.9 49.3

20-39.9 27.0 1.8 1.5 43.2 44.5 5.6 70.2

40-59.9 44.4 3.2 1.5 51.9 52.8 7.7 82.1

60-79.9 61.8 5.3 1.5 56.7 52.6 7.7 85.6

80-89.9 76.9 10.3 2.6 55.7 50.3 9.3 91.4

90-100 75.4 14.2 1.4 41.2 33.1 8.8 85.3

Age of head (years)

Less than 35 35.7 2.7 1.7 63.8 49.6 8.8 82.7

35-44 59.6 4.9 1.7 57.1 54.1 8.0 88.6

45-54 59.8 6.4 1.5 45.9 50.4 7.4 84.6

55-64 49.0 7.4 3.1 39.3 41.6 7.4 75.4

65-74 32.0 3.4 * 21.1 30.0 5.0 56.8

75 or more 9.5 2.0 * 9.5 18.4 3.6 29.2






Self-employed 59.1 7.3 3.5 39.8 42.8 8.1 81.7

Retired 19.6 1.9 * 17.2 24.0 4.4 44.2


Housing status

Owner 66.0 5.8 1.0 45.5 44.4 6.9 79.9

Renter or other * 2.0 2.8 44.5 44.3 7.8 65.0


Less than 25 11.2 * 2.4 49.0 45.5 8.3 68.7

25-49.9 49.5 2.0 1.3 51.0 54.9 7.2 80.8

50-74.9 59.3 5.5 * 48.3 44.8 7.1 78.0

75-89.9 60.9 7.6 * 37.2 39.0 4.9 75.0

90-100 55.0 14.2 2.1 25.1 22.1 8.2 69.7


Installmentloans


AnydebtPrimary

residence



Other

Other

nes o cre tnot secured by



AnydebtPrimary



Other


All families 74.6 42.6 4.2 10.3 2.0 3.2 41.3


Less than 20 29.8 * 0.6 4.9 1.1 1.1 5.5

20-39.9 42.6 32.0 1.1 7.0 1.3 3.2 12.2

40-59.9 59.8 41.3 0.7 10.3 2.1 2.1 31.0

60-79.9 80.5 44.7 4.3 12.7 2.4 3.2 66.4

80-89.9 96.9 33.2 8.3 15.4 4.0 4.3 103.1

90-100 142.7 83.1 10.7 14.3 3.0 22.4 155.9


35-44 85.2 52.2 0.7 11.8 2.1 3.3 65.5

45-54 79.9 35.7 5.7 10.3 2.4 5.3 57.8

55-64 58.6 41.3 21.8 9.5 2.0 5.3 36.9

65-74 41.5 82.0 * 7.5 1.0 2.7 14.0

75 or more 47.7 44.7 * 6.2 0.8 2.7 5.3






Self-employed 106.5 93.2 16.0 10.8 2.7 12.7 82.9

Retired 33.6 46.6 * 7.4 0.9 3.5 10.4


Housing status

Owner 74.6 42.6 16.0 11.2 2.2 4.3 73.9

Renter or other * 40.0 1.1 7.5 1.3 2.1 6.4


Less than 25 60.7 * 0.6 8.8 1.7 2.1 9.3

25-49.9 60.2 21.3 1.9 10.0 2.0 1.3 41.0

50-74.9 71.9 50.1 * 10.7 2.1 4.3 63.9

75-89.9 92.7 41.4 * 12.6 2.1 7.5 85.2

90-100 143.8 83.1 21.8 12.1 2.1 32.0 132.1


residence



Secured by residential property Lines of credit





Other





Less than 20 39.3 * 6.6 9.3 2.2 2.3 17.8

20-39.9 49.3 33.2 7.2 11.3 3.0 9.3 29.6

40-59.9 67.0 52.8 3.2 13.6 3.9 6.4 50.1

60-79.9 86.6 55.2 19.0 16.1 5.0 6.7 80.6

80-89.9 111.1 59.2 12.8 19.6 7.7 12.3 117.990-100 194.3 137.4 118.3 33.6 7.0 102.7 226.1

Age of head (years)

Less than 35 96.9 74.7 4.9 14.8 4.3 5.1 59.0

35-44 105.8 76.1 5.2 18.2 4.6 11.5 91.0

45-54 106.9 67.1 17.5 16.5 4.5 29.1 95.2

55-64 85.8 86.7 34.3 14.6 4.3 40.1 79.7

65-74 69.3 130.9 * 9.9 5.5 16.0 55.9

75 or more 55.1 50.7 * 14.5 2.0 32.5 31.5






Self-employed 144.6 135.1 45.4 27.0 6.0 56.4 140.6

Retired 53.4 94.3 * 9.4 2.4 16.0 34.6


Housing status

Owner 97.7 79.1 32.6 17.4 4.8 23.7 101.4

Renter or other * 77.2 9.4 12.5 3.6 9.8 15.0


Less than 25 64.2 * 4.3 14.2 4.1 6.6 24.5

25-49.9 68.4 24.3 4.6 13.2 3.6 4.3 53.8

50-74.9 84.8 59.7 * 14.2 4.8 5.9 80.975-89.9 110.1 57.8 * 17.4 4.7 20.3 108.1

90-100 194.7 139.6 90.8 41.6 7.6 108.3 214.8


not secured byresidential property

Installmentloans


Anydebt




Other


id ti lInstallment

lCredit card

b lAnyd btP i



y

Other


All families 47.9 4.0 1.6 46.0 46.2 7.6 76.4


Less than 20 15.9 * * 26.9 28.8 4.6 52.6

20-39.9 29.6 1.5 1.5 39.8 42.9 5.8 69.8

40-59.9 51.6 2.6 1.8 52.5 55.1 8.0 84.0

60-79.9 65.8 4.1 1.8 57.9 56.1 8.3 86.6

80-89.9 76.8 7.6 2.6 60.0 57.6 12.2 91.9

90-100 76.2 15.4 2.5 45.7 38.5 10.6 86.3

Age of head (years)

Less than 35 37.7 2.1 2.2 59.4 47.5 6.2 79.8

35-44 62.8 4.0 1.5 55.7 58.8 11.3 88.6

45-54 64.6 6.3 2.9 50.2 54.0 9.4 88.4

55-64 51.0 5.9 0.7 42.8 42.1 8.4 76.3

65-74 32.1 3.2 0.4 27.5 31.9 4.0 58.8

75 or more 18.7 1.5 * 13.9 23.5 2.5 40.3





Self-employed 59.5 10.2 3.0 43.5 44.3 5.8 81.5

Retired 24.6 1.2 * 22.8 25.9 3.9 50.7


Housing status

Owner 69.4 5.1 1.3 46.6 48.8 7.7 82.3

Renter or other * 1.7 2.1 44.6 40.4 7.3 63.4


Less than 25 12.4 * 1.3 47.5 40.3 6.2 64.9

25-49.9 52.8 1.4 1.7 52.4 57.9 9.4 83.8

50-74.9 66.1 4.5 1.9 49.1 52.8 7.0 83.2

75-89.9 61.6 5.7 1.3 40.2 40.5 7.1 74.6

90-100 58.4 16.6 1.4 27.2 23.4 9.1 72.7




Other

Other




AnydebtPrimary

residence




All families 95.0 87.0 3.0 11.5 2.2 4.0 55.3


Less than 20 37.0 * * 5.6 1.0 2.0 7.0

20-39.9 54.0 32.5 0.3 8.0 1.9 2.7 16.1

40-59.9 77.2 66.0 1.0 10.8 2.2 2.3 44.4

60-79.9 97.0 62.0 7.0 13.9 3.0 3.5 93.4

80-89.9 133.0 78.0 14.0 15.1 2.7 5.0 136.0

90-100 185.0 159.0 40.0 18.0 4.0 9.4 209.0


35-44 110.0 75.0 1.9 12.0 2.5 4.0 87.2

45-54 97.0 87.0 7.0 12.0 2.9 4.0 83.2

55-64 83.0 108.8 14.0 12.9 2.2 5.5 48.0

65-74 51.0 100.0 4.0 8.3 2.2 5.0 25.0

75 or more 31.0 39.0 * 6.7 1.0 2.0 15.4





Working for someone else 100 83 4 12 2.3 3.5 71.8

Self-employed 119.8 100.0 2.2 15.4 2.7 7.0 93.4

Retired 42.0 79.0 * 7.3 1.4 3.0 15.4


Housing status

Owner 95.0 90.0 8.0 12.9 2.5 4.0 95.8

Renter or other * 83.0 0.5 8.7 1.5 3.0 7.8


Less than 25 71.0 * 0.3 10.5 1.8 4.0 11.4

25-49.9 75.0 26.3 1.0 9.3 2.0 2.0 44.2

50-74.9 97.0 47.0 8.0 13.3 2.5 4.0 90.1

75-89.9 115.0 99.0 22.0 12.9 3.0 5.0 110.7

90-100 186.1 148.0 50.0 17.5 3.0 20.0 190.8


residence



Secured by residential property Lines of credit




y p p y

Other





Less than 20 50.1 * * 10.9 2.7 9.1 24.6

20-39.9 68.3 72.9 6.6 14.3 3.8 7.7 41.9

40-59.9 87.2 74.1 3.0 16.0 5.2 6.8 69.9

60-79.9 113.2 98.8 15.9 20.4 5.5 5.8 108.9

80-89.9 151.7 87.6 33.8 22.9 6.5 18.0 156.490-100 238.9 289.5 153.3 33.3 8.6 66.0 296.5

Age of head (years)

Less than 35 127.4 101.2 19.3 18.4 3.7 6.1 79.9

35-44 135.9 128.1 16.9 18.6 5.2 9.6 119.0

45-54 135.1 200.2 24.6 17.0 6.2 13.6 128.8

55-64 118.2 209.1 116.8 18.6 5.7 35.5 113.6

65-74 76.9 150.3 253.8 13.9 5.4 39.9 64.2

75 or more 61.6 85.7 * 47.4 4.3 39.7 54.0






Self-employed 166.9 233.0 72.2 23.7 7.1 73.0 175.3

Retired 68.1 155.6 * 20.4 4.1 26.8 50.7


Housing status

Owner 124.1 177.8 49.4 20.5 5.5 21.3 133.2

Renter or other * 93.9 18.4 15.0 4.0 7.0 17.1


Less than 25 76.0 * 9.2 19.3 4.2 6.6 32.0

25-49.9 84.8 54.3 7.3 13.1 4.5 5.1 66.3

50-74.9 115.4 67.5 12.0 19.0 5.8 9.5 111.4

75-89.9 139.1 110.3 38.4 17.7 5.8 9.1 137.5

90-100 238.6 288.6 266.3 46.3 7.5 89.9 293.9



Installmentloans


Anydebt


Secured by primary residence Installment loans

Alternate 11. Family holdings of debt, by selected characteristics of families and type of debt, 1989-2004 surveys

Oth id ti lLines of credit

t d b



Family characteristic Credit card balances Other

Mortgages HELOC


All families 38.6 3.1 5.1 39.7 3.2 8.9 34.7 22.0 6.7


Less than 20 7.5 * * 15.3 * 8.4 11.5 20.2 5.9

20-39.9 22.2 * * 27.6 * 8.4 22.6 23.5 5.2

40-59.9 37.3 2.4 3.3 48.9 * 7.7 41.5 23.4 4.9

60-79.9 55.5 4.1 5.5 57.3 4.3 12.1 50.9 26.6 5.9

80-89.9 69.5 3.8 10.7 58.3 8.5 8.0 55.4 19.5 7.9

90-100 71.5 11.9 19.3 40.5 5.8 8.3 38.8 13.3 14.9

Age of head (years)

Less than 35 34.9 * 1.6 44.5 4.4 17.1 37.8 30.7 6.1

35-44 57.5 4.4 7.0 50.5 4.7 10.9 50.5 30.1 8.5

45-54 56.9 6.2 10.7 49.3 4.0 7.3 47.6 21.5 9.4

55-64 34.1 5.8 7.4 32.9 1.5 4.1 27.7 12.3 8.1

65-74 20.6 * 4.0 27.2 * * 14.0 11.3 3.3

75 or more 5.8 * * 10.1 * * 5.0 6.2 1.9


White non-Hispanic 42.0 3.8 5.7 41.5 3.0 8.3 36.6 20.9 7.2

Nonwhite or Hispanic 28.6 1.2 3.3 34.4 3.5 10.8 29.3 25.4 5.1


Working for someone else 48.8 4.2 5.8 53.4 4.6 11.9 46.8 25.4 7.5

Self-employed 49.5 3.9 8.6 29.4 4.4 8.4 36.2 23.5 10.7

Retired 15.8 1.0 2.8 18.3 * 1.4 13.1 13.1 3.3

Other not working 19.0 * * 20.6 * 13.2 10.6 24.5 *

Housing status

Owner 60.4 4.9 6.7 43.9 2.8 6.7 38.7 22.1 6.8

Renter or other * * 2.3 32.2 3.9 12.8 27.6 21.8 6.4


Less than 25 5.3 * * 27.6 3.3 14.4 24.2 29.4 7.6

25-49.9 39.7 * 1.6 48.2 3.4 9.3 41.4 27.5 3.5

50-74.9 56.3 5.1 4.4 49.3 2.6 6.8 43.2 18.9 5.175-89.9 58.3 7.0 9.4 43.4 2.6 6.4 33.8 14.0 8.7

90-100 45.4 6.0 20.1 19.1 4.4 3.3 24.4 9.9 12.9

Other residentialdebt


Education

loans

Vehicle

loans

Other

loans



Secured by primary residence


Installment loans

Other Other residential

debt


residential Ed i V hi l O h



y

Mortgages HELOC

Median value of holdings for families holding debt (thousands of 2004 dollars)All families 45.4 26.4 36.7 1.3 2.9 4.4 8.4 2.1 2.9


Less than 20 10.3 * * 0.4 * 3.7 2.7 0.7 0.7

20-39.9 19.0 * * 0.9 * 4.3 4.7 1.6 1.5

40-59.9 30.8 11.7 20.5 1.2 * 5.8 8.2 2.2 1.3

60-79.9 54.2 22.0 21.0 1.5 2.9 4.8 9.0 2.9 1.8

80-89.9 60.1 39.6 39.6 2.1 2.6 3.4 12.1 2.4 5.9

90-100 88.0 32.3 61.6 3.1 6.9 4.1 10.2 12.4 7.3

Age of head (years)

Less than 35 64.5 * 23.5 1.5 2.1 4.4 7.5 1.5 1.2

35-44 56.4 22.0 51.3 1.6 4.4 2.9 9.6 2.9 1.8

45-54 36.1 30.8 29.3 1.5 1.9 4.9 9.4 3.4 4.4

55-64 29.3 27.9 49.8 1.5 2.9 3.7 7.1 1.4 4.0

65-74 13.5 * 18.3 0.8 * * 5.4 1.2 2.9

75 or more 16.1 * * 0.3 * * 4.9 2.6 7.3






Self-employed 45.4 27.9 58.6 1.5 14.4 4.6 11.4 6.5 7.3

Retired 16.1 10.3 20.5 0.8 * 3.6 7.5 1.3 1.5


Housing status

Owner 45.4 26.4 39.6 1.5 4.4 4.5 9.5 2.9 4.0

Renter or other * * 25.7 1.2 1.8 4.4 6.1 1.0 1.0


Less than 25 54.2 * * 1.5 2.5 4.4 4.4 1.2 0.9

25-49.9 41.0 * 17.6 1.0 1.9 3.6 8.1 1.5 1.3

50-74.9 44.0 27.8 20.5 1.4 2.9 4.9 9.6 2.9 1.8

75-89.9 46.9 26.4 36.1 1.5 4.4 5.1 9.7 4.3 4.890-100 67.4 39.6 66.0 2.2 14.7 2.9 10.8 14.7 10.3


debt residential property

Educationloans

Vehicleloans

Other loans


F il h t i ti


Oth


Other residential Credit cardLines of creditnot secured by




Mortgages HELOC


Mean value of holdings for families holding debt (thousands of 2004 dollars)All families 64.5 42.8 57.3 2.7 17.1 8.0 10.9 8.6 12.5


Less than 20 19.3 * * 0.8 * 7.5 4.4 2.2 5.9

20-39.9 29.3 * * 1.7 * 4.9 6.4 4.8 4.7

40-59.9 40.9 16.7 34.0 2.4 * 10.3 9.8 8.7 5.4

60-79.9 61.3 36.2 30.2 2.8 4.4 9.3 12.5 9.1 11.4

80-89.9 71.1 42.0 54.2 3.1 15.0 5.2 13.5 5.7 17.490-100 119.2 61.0 88.7 5.6 60.8 9.3 14.8 42.8 26.3

Age of head (years)

Less than 35 78.5 * 52.7 2.7 2.9 8.5 9.5 6.4 5.3

35-44 76.4 35.4 64.0 2.9 12.2 7.2 11.7 10.3 7.5

45-54 53.8 48.4 50.2 3.1 25.5 9.1 12.3 10.7 19.4

55-64 50.4 52.3 74.4 2.6 17.8 4.5 12.5 10.0 17.4

65-74 23.6 * 33.8 1.8 * * 7.3 5.0 22.3

75 or more 30.9 * * 0.9 * * 5.9 13.6 25.4






Self-employed 87.1 81.4 87.8 3.6 59.0 10.2 16.4 28.3 30.7

Retired 28.3 44.9 31.9 1.4 * 9.6 9.2 6.3 10.7


Housing status

Owner 64.5 42.8 60.1 2.9 24.8 7.5 12.0 11.8 14.8

Renter or other * * 42.4 2.3 7.3 8.3 8.4 2.7 8.2


Less than 25 61.6 * * 2.7 3.0 9.6 8.9 3.9 5.7

25-49.9 45.9 * 25.9 2.3 3.4 5.0 10.2 4.3 6.2

50-74.9 58.7 31.6 32.9 2.5 8.6 6.4 11.2 7.7 6.675-89.9 69.5 39.0 41.2 3.4 4.6 12.7 11.1 19.5 7.4

90-100 114.7 72.0 89.5 4.4 93.4 5.2 17.8 54.1 38.0


debt balancesy


Educationloans

Vehicleloans

Other loans




Other residentialLines of creditnot secured by




Mortgages HELOC


All families 38.5 4.3 5.7 43.7 2.3 10.7 29.8 19.1 8.4


Less than 20 10.4 * * 23.4 * 10.6 10.0 17.3 4.5

20-39.9 20.7 * 1.9 41.9 * 7.9 24.4 20.5 6.0

40-59.9 35.4 3.7 4.0 51.9 2.2 14.1 33.5 25.3 9.2

60-79.9 56.2 5.2 5.7 55.6 2.9 11.3 42.3 19.4 9.6

80-89.9 66.1 8.5 9.8 53.6 5.0 12.5 44.7 15.3 9.2

90-100 73.2 15.3 22.4 37.9 4.3 6.4 32.8 10.3 16.0

Age of head (years)

Less than 35 30.9 1.1 3.0 51.8 2.8 24.3 36.6 26.8 6.4

35-44 55.4 5.5 7.1 50.9 3.3 12.7 37.7 24.6 11.5

45-54 59.4 8.3 9.3 48.9 2.6 5.4 34.6 20.7 10.4

55-64 39.9 7.4 9.9 37.2 1.6 3.0 29.2 13.3 9.6

65-74 17.2 3.4 3.1 32.1 1.0 * 14.8 8.5 6.0

75 or more 8.6 * 0.7 20.1 * * 4.6 3.7 4.4






Self-employed 58.0 7.7 12.8 47.5 3.7 10.1 31.3 21.0 12.4

Retired 16.2 2.6 2.6 25.3 * 2.3 12.1 10.1 5.2

Other not working 20.1 * 2.6 29.2 * 14.8 16.6 21.8 6.4

Housing status

Owner 60.2 6.7 6.9 46.6 2.0 7.3 31.8 17.1 9.1

Renter or other * * 3.4 38.6 2.9 16.6 26.3 22.5 7.1


Less than 25 7.9 * * 38.8 2.4 20.3 26.2 25.9 7.7

25-49.9 42.3 2.1 2.7 52.4 1.9 10.6 38.4 24.7 8.3

50-74.9 52.4 4.7 4.9 49.5 2.1 6.9 31.9 17.1 7.275-89.9 49.9 9.2 9.9 39.5 2.9 5.6 25.9 10.0 7.8

90-100 53.3 11.6 20.7 26.0 3.2 4.0 18.0 6.6 14.2



Education

loans

Vehicle

loans

Other

loans





Installment loans

Other

M HELOC



residential Education Vehicle Other



Mortgages HELOC



Less than 20 19.3 * * 0.7 * 3.8 2.8 1.3 1.4

20-39.9 26.7 * 5.3 1.1 * 3.9 4.5 1.3 1.1

40-59.9 39.5 13.2 20.1 1.2 3.5 4.4 5.6 1.3 2.6

60-79.9 58.0 11.9 23.7 1.9 2.0 5.2 8.4 1.8 3.8

80-89.9 72.7 18.5 33.1 2.0 2.4 3.7 9.7 1.7 4.0

90-100 105.4 26.4 61.9 3.0 5.3 8.3 10.7 6.6 7.9

Age of head (years)

Less than 35 67.0 11.9 22.4 1.2 1.6 4.3 6.5 1.2 1.8

35-44 68.5 13.2 35.6 1.6 2.4 3.5 8.4 1.3 4.0

45-54 48.8 18.5 44.8 2.0 6.6 4.8 6.8 1.8 4.0

55-64 36.9 13.2 26.4 1.3 5.3 9.7 6.9 2.0 4.0

65-74 22.4 21.3 22.4 1.0 5.3 * 5.5 2.5 2.0

75 or more 36.9 * 315.9 0.7 * * 4.5 4.1 3.6






Self-employed 79.1 17.8 56.7 2.3 4.6 4.5 7.9 2.7 6.6

Retired 22.9 13.2 23.7 0.9 * 4.7 4.8 2.0 2.6


Housing status

Owner 54.2 15.8 35.6 1.4 3.7 4.8 7.7 2.2 4.0

Renter or other * * 24.0 1.2 1.6 4.2 6.0 0.9 2.0


Less than 25 39.5 * * 1.2 1.6 4.7 5.3 1.3 1.4

25-49.9 45.5 11.9 16.5 1.4 1.3 3.5 5.9 1.3 1.7

50-74.9 56.7 13.6 24.4 1.3 2.4 3.3 9.0 1.3 3.3

75-89.9 58.0 17.8 29.1 1.4 7.9 3.3 7.8 4.1 6.690-100 88.8 26.4 72.5 2.1 23.7 7.6 8.9 8.5 7.9


propertyEducation

loansVehicleloans

Other loans




Other


Other residentiald b

Credit cardb l


id i l




Mortgages HELOC




Less than 20 36.1 * * 1.7 * 5.8 4.8 3.6 11.1

20-39.9 39.9 * 13.3 2.1 * 9.4 6.5 5.2 2.5

40-59.9 48.5 23.5 56.7 2.5 5.2 12.6 6.9 4.9 10.0

60-79.9 65.5 14.5 51.0 3.6 4.6 7.3 9.3 5.4 6.8

80-89.9 82.3 23.8 59.2 3.7 4.8 8.6 11.0 3.5 8.190-100 138.7 39.7 114.2 5.7 47.9 14.3 15.5 22.0 28.0

Age of head (years)

Less than 35 82.6 34.1 61.6 2.5 3.1 8.8 7.8 5.1 4.1

35-44 89.7 19.9 61.4 3.6 2.7 10.7 9.9 5.4 10.7

45-54 70.0 27.0 83.0 3.9 19.9 6.4 9.3 5.3 12.5

55-64 55.0 30.2 75.1 2.9 48.6 14.0 10.0 5.8 14.6

65-74 40.4 36.3 99.1 2.0 56.1 * 8.0 8.2 26.2

75 or more 45.3 * 281.6 2.5 * * 4.5 12.9 6.7






Self-employed 103.5 37.7 126.2 4.5 46.2 9.7 11.8 10.9 29.2

Retired 36.2 24.3 70.8 2.1 * 6.4 6.9 6.9 5.7


Housing status

Owner 74.8 27.1 76.3 3.2 22.4 11.9 9.6 7.0 14.7

Renter or other * * 71.9 2.7 2.6 7.3 7.4 3.7 4.5


Less than 25 46.4 * * 2.8 2.5 11.6 6.9 5.2 6.3

25-49.9 56.2 16.5 37.5 2.8 2.3 6.4 7.5 4.0 3.7

50-74.9 69.2 19.3 37.3 3.2 3.0 7.2 10.4 4.5 7.375-89.9 81.0 23.1 49.3 3.1 14.4 6.6 9.4 6.8 8.3

90-100 127.6 45.2 129.0 4.6 68.3 15.0 16.2 29.2 38.3


debt balances residential property

Educationloans

Vehicleloans

Other loans





Installment loans

Other


Other residentialLines of creditnot secured by




Mortgages HELOC


All families 40.4 2.9 4.7 47.3 1.9 11.9 31.7 16.0 8.5


Less than 20 10.4 * 1.3 26.0 * 9.5 11.2 11.2 6.8

20-39.9 25.2 * 1.6 43.2 * 11.5 23.4 17.1 7.9

40-59.9 37.7 1.4 3.1 52.9 2.2 11.4 34.3 18.9 7.8

60-79.9 58.2 4.6 5.1 60.0 2.4 15.0 46.9 18.9 9.0

80-89.9 68.3 6.9 7.9 61.0 3.8 14.3 48.8 18.2 8.2

90-100 72.4 8.1 17.2 47.3 3.9 9.5 36.5 9.8 13.5

Age of head (years)

Less than 35 32.9 1.4 2.1 54.7 2.7 24.4 40.1 22.8 7.4

35-44 54.0 3.4 4.9 55.9 2.1 13.0 41.6 22.8 10.5

45-54 61.1 5.1 8.4 56.4 2.2 11.3 37.9 17.6 13.0

55-64 44.1 3.7 8.3 43.2 1.7 4.1 28.1 8.7 7.8

65-74 23.9 1.6 3.5 30.5 1.3 * 11.8 4.9 5.4

75 or more 4.9 * 1.0 17.5 * * 4.6 * 2.9



Nonwhite or Hispanic 30.2 1.4 3.5 48.0 * 12.7 27.6 16.7 8.5



Self-employed 51.0 4.4 8.1 45.3 3.6 12.3 27.4 15.8 8.8

Retired 17.5 1.7 2.4 25.9 * 2.0 12.2 6.1 4.6

Other not working 17.4 * * 36.8 * 16.0 19.3 14.6 9.7

Housing status

Owner 62.4 4.4 5.8 51.1 1.5 9.3 34.1 15.1 8.0

Renter or other * * 2.7 40.3 2.6 16.6 27.3 17.7 9.4


Less than 25 9.4 * * 41.5 2.4 19.7 25.3 22.2 9.6

25-49.9 47.4 * 2.5 55.5 2.2 12.8 39.8 20.2 9.4

50-74.9 54.9 3.2 3.3 57.2 1.2 9.4 35.1 14.4 7.075-89.9 47.8 5.1 8.1 39.6 * 6.3 30.2 6.7 8.2

90-100 52.8 8.9 18.6 27.8 3.2 4.6 20.8 8.4 7.3

debt residential property

Education

loans

Vehicle

loans

Other

loans





Installment loans

Other

Mortgages HELOC



residentialproperty

Educationl

Vehiclel

Other l



Mortgages HELOC



Less than 20 22.8 * 9.8 0.8 * 4.9 4.2 0.9 2.5

20-39.9 34.5 * 24.6 1.5 * 4.9 5.1 1.2 1.2

40-59.9 45.5 18.5 26.6 1.8 3.7 4.3 8.8 1.9 2.5

60-79.9 70.2 12.3 36.9 1.9 2.8 3.7 9.1 1.8 2.4

80-89.9 82.5 20.9 36.9 2.5 4.7 6.0 10.9 2.7 4.6

90-100 110.8 23.4 43.1 3.4 6.2 9.0 10.3 6.2 6.2

Age of head (years)

Less than 35 76.3 8.0 30.8 1.6 1.7 4.9 8.9 1.2 1.8

35-44 73.9 12.6 39.1 2.3 2.5 3.9 8.0 2.1 2.5

45-54 60.3 20.9 36.9 2.5 7.4 6.4 9.3 2.3 3.7

55-64 45.5 9.2 40.6 1.6 4.2 4.9 7.8 1.1 4.9

65-74 23.4 17.2 40.6 1.0 4.7 * 7.4 1.4 2.5

75 or more 9.1 * 9.8 0.4 * * 6.2 * 4.9






Self-employed 72.6 22.2 51.7 3.1 8.6 4.7 8.9 2.0 6.2

Retired 30.7 16.0 40.6 1.0 * 3.2 7.4 1.0 3.7


Housing status

Owner 62.8 14.8 36.9 1.8 5.9 4.3 8.7 2.4 3.7

Renter or other * * 60.3 1.5 1.7 4.9 7.6 1.1 1.8


Less than 25 58.7 * * 1.9 3.2 6.2 7.6 1.3 1.8

25-49.9 55.4 * 23.4 1.7 3.7 4.4 7.9 1.6 2.0

50-74.9 64.7 14.8 30.8 1.8 2.8 3.6 8.8 2.2 2.5

75-89.9 62.3 14.2 32.3 1.7 * 5.9 8.6 2.0 3.790-100 92.3 18.5 73.2 1.7 9.8 4.3 9.0 3.7 11.7


property loans loans loans




Other



Credit cardbalances





Mortgages HELOC




Less than 20 38.0 * 31.8 2.5 * 7.8 6.0 4.4 8.5

20-39.9 43.2 * 39.5 2.6 * 8.6 6.8 3.7 5.4

40-59.9 54.6 19.7 48.4 3.5 10.0 11.6 9.1 5.5 7.7

60-79.9 74.5 13.0 51.2 3.4 5.3 8.2 10.9 5.0 6.4

80-89.9 93.2 24.3 65.1 4.4 9.8 13.1 12.6 7.9 7.990-100 136.6 32.8 107.9 6.9 37.0 12.5 13.4 21.0 57.2

Age of head (years)

Less than 35 81.4 10.8 53.5 3.5 8.2 10.0 10.2 4.5 8.5

35-44 89.6 21.0 66.4 4.0 5.3 8.4 9.7 4.9 9.7

45-54 82.3 24.5 79.3 4.5 22.7 12.5 11.8 10.3 11.2

55-64 68.9 26.7 76.0 3.5 16.9 9.5 8.9 4.4 41.6

65-74 45.2 18.2 69.6 2.3 29.2 * 7.2 13.5 30.5

75 or more 30.6 * 86.8 1.3 * * 9.4 * 6.8






Self-employed 104.8 23.7 103.9 6.1 26.1 10.3 11.4 10.2 73.0

Retired 44.8 20.4 60.1 2.3 * 5.1 8.1 5.6 11.0


Housing status

Owner 79.3 22.0 69.0 3.8 19.1 9.7 10.5 8.0 19.0

Renter or other * * 83.2 3.4 7.3 9.9 9.1 3.0 8.9


Less than 25 66.8 * * 3.9 4.4 12.5 9.4 5.4 8.4

25-49.9 64.1 * 35.6 2.9 5.7 7.0 9.3 4.1 4.6

50-74.9 76.4 18.6 40.3 3.9 11.3 7.1 10.5 5.0 7.875-89.9 79.3 19.4 52.0 4.2 * 12.5 10.7 7.2 10.0

90-100 126.4 30.6 113.7 4.4 45.2 9.8 13.3 26.0 96.0


debt balances residential property

Educationloans

Vehicleloans

Other loans







Installment loans

Other

Mortgages HELOC




Educationloans

Vehicleloans

Other loans





Less than 20 30.1 * * 1.1 * 7.0 5.3 1.3 1.2

20-39.9 44.1 15.1 38.3 1.4 1.3 7.2 7.0 1.3 2.0

40-59.9 49.9 13.9 22.0 2.2 1.7 6.1 9.3 1.6 2.3

60-79.9 75.4 13.9 34.8 2.6 3.2 9.3 10.5 2.2 3.5

80-89.9 90.4 11.6 49.4 2.3 3.5 6.0 13.1 2.7 5.8

90-100 136.2 25.5 81.2 3.5 7.4 11.6 14.5 11.5 11.6

Age of head (years)

Less than 35 82.3 * 63.8 1.7 1.2 11.6 9.6 1.4 2.0

35-44 81.2 11.6 46.4 2.3 1.6 5.3 9.1 2.6 3.5

45-54 76.5 15.1 46.4 2.1 3.5 7.0 11.3 2.6 5.8

55-64 58.0 18.5 47.5 2.3 5.7 8.4 9.9 1.2 5.8

65-74 32.2 17.5 64.9 1.3 * * 7.9 2.2 5.2

75 or more 29.0 13.9 34.5 0.8 * * 10.3 * 2.0

Race or ethnicity of respondent White non-Hispanic 71.9 15.1 49.4 2.3 3.2 8.7 10.1 1.9 3.8




Self-employed 85.8 19.7 62.6 2.3 4.4 6.1 12.0 9.3 7.5

Retired 42.9 18.4 39.4 1.2 * 4.1 8.8 1.1 2.2


Housing status

Owner 71.9 15.1 49.4 2.3 2.6 7.2 10.4 2.9 4.6

Renter or other * * 31.9 1.5 3.2 9.3 8.3 1.0 1.5


Less than 25 65.5 * * 1.8 1.2 11.6 8.1 1.3 1.7

25-49.9 63.8 13.9 33.6 2.1 3.5 5.2 9.4 1.9 2.3

50-74.9 69.6 12.8 25.5 2.1 3.5 7.9 10.4 1.9 5.8

75-89.9 81.2 23.2 58.0 1.7 1.5 4.4 11.6 7.9 7.090-100 115.9 20.9 83.5 2.2 11.6 9.3 13.3 29.3 23.2


loans loans loans




Other

Mortgages HELOC








Mortgages HELOC




Less than 20 39.5 * * 2.4 * 11.1 6.9 4.8 3.1

20-39.9 51.9 17.4 53.1 3.4 3.3 14.0 8.2 4.9 4.8

40-59.9 60.1 18.5 44.9 4.9 4.9 16.4 10.8 6.8 6.8

60-79.9 81.5 19.0 68.8 5.3 5.0 15.6 13.3 19.4 16.7

80-89.9 99.3 16.3 77.8 5.2 5.4 12.7 14.1 17.9 13.590-100 172.1 34.3 122.9 7.8 35.7 23.5 21.5 35.4 92.8

Age of head (years)

Less than 35 87.5 * 66.9 3.8 4.0 17.3 11.5 9.8 4.4

35-44 99.3 19.7 80.3 5.4 5.4 11.3 12.1 13.5 7.0

45-54 95.9 20.4 83.7 4.9 8.2 14.5 13.2 14.4 41.5

55-64 83.9 28.7 86.4 5.8 12.1 17.8 15.4 14.8 39.1

65-74 60.5 23.0 91.4 4.5 * * 9.6 12.0 69.0

75 or more 44.4 26.4 56.6 3.0 * * 10.1 * 62.1






Self-employed 120.3 31.3 108.0 6.0 18.0 13.9 16.0 36.8 49.7

Retired 58.0 31.5 79.3 3.9 * 7.3 12.5 4.5 73.5


Housing status

Owner 90.2 21.7 87.3 5.1 10.4 13.5 13.3 15.0 31.3

Renter or other * * 55.5 4.0 5.3 16.8 10.1 8.0 4.5


Less than 25 70.9 * * 4.8 2.5 19.8 10.1 5.0 14.9

25-49.9 69.0 16.7 43.8 4.6 4.4 9.9 11.0 6.8 3.9

50-74.9 79.2 16.4 35.3 4.3 5.6 13.2 12.6 12.0 6.875-89.9 96.7 24.2 75.2 5.1 3.7 7.9 13.7 18.8 22.6

90-100 160.7 34.5 144.5 7.2 39.1 15.6 22.1 73.6 111.8







Installment loans

Other

Mortgages HELOC







Mortgages HELOC


All families 43.4 4.8 4.6 44.4 1.5 11.8 35.0 11.0 7.2


Less than 20 12.8 * * 30.3 1.3 7.7 12.3 10.2 5.9

20-39.9 25.9 2.5 1.8 44.5 1.5 10.6 30.8 13.6 5.6

40-59.9 43.1 3.0 3.2 52.8 1.5 13.6 42.0 11.5 7.7

60-79.9 60.5 6.6 5.3 52.6 1.5 15.4 48.5 10.4 7.7

80-89.9 74.6 11.5 10.3 50.3 2.6 11.9 49.8 10.0 9.3

90-100 74.6 10.1 14.2 33.1 1.4 10.9 32.5 8.4 8.8

Age of head (years)

Less than 35 35.6 2.9 2.7 49.6 1.7 26.1 45.0 17.9 8.8

35-44 58.7 4.8 4.9 54.1 1.7 12.5 46.0 13.8 8.0

45-54 58.7 7.2 6.4 50.4 1.5 11.0 37.8 8.8 7.4

55-64 45.3 7.2 7.4 41.6 3.1 5.2 31.9 8.5 7.4

65-74 30.2 4.4 3.4 30.0 * * 15.0 6.7 5.0

75 or more 8.4 * 2.0 18.4 * * 7.9 * 3.6






Self-employed 56.9 8.0 7.3 42.8 3.5 9.6 28.7 11.9 8.1

Retired 18.1 2.6 1.9 24.0 * * 13.0 5.3 4.4


Housing status

Owner 64.1 7.1 5.8 44.4 1.0 9.6 37.4 10.3 6.9

Renter or other * * 2.0 44.3 2.8 16.3 29.8 12.4 7.8


Less than 25 11.2 * * 45.5 2.4 19.7 31.2 16.7 8.3

25-49.9 48.6 2.8 2.0 54.9 1.3 11.5 41.0 12.5 7.2

50-74.9 58.0 6.1 5.5 44.8 * 10.6 41.2 8.2 7.175-89.9 57.7 9.8 7.6 39.0 * 7.4 31.0 6.2 4.9

90-100 52.7 9.1 14.2 22.1 2.1 2.0 19.6 6.6 8.2






Installment loans

Other

Mortgages HELOC




Educationloans

Vehicleloans

Other loans




All families 76.7 16.0 42.6 2.0 4.2 8.4 9.8 2.1 3.2


Less than 20 31.9 * * 1.1 0.6 5.9 5.4 1.5 1.1

20-39.9 44.7 11.7 32.0 1.3 1.1 7.5 7.1 1.9 3.2

40-59.9 60.7 12.8 41.3 2.1 0.7 8.0 9.3 2.2 2.1

60-79.9 80.9 10.7 44.7 2.4 4.3 8.5 11.6 2.1 3.2

80-89.9 95.9 17.0 33.2 4.0 8.3 14.4 12.5 3.4 4.3

90-100 142.7 27.7 83.1 3.0 10.7 10.2 13.1 3.2 22.4

Age of head (years)

Less than 35 82.0 13.8 55.4 2.1 0.5 8.5 9.3 1.6 2.1

35-44 85.2 17.0 52.2 2.1 0.7 8.5 11.3 2.4 3.3

45-54 79.9 18.1 35.7 2.4 5.7 6.4 9.9 2.7 5.3

55-64 62.8 10.7 41.3 2.0 21.8 8.5 8.7 3.4 5.3

65-74 45.8 16.0 82.0 1.0 * * 9.4 3.0 2.7

75 or more 47.9 * 44.7 0.8 * * 6.6 * 2.7





Self-employed 106.5 21.8 93.2 2.7 16.0 9.6 10.7 3.7 12.7

Retired 37.3 7.5 46.6 0.9 * * 8.1 2.2 3.5


Housing status

Owner 76.7 16.0 42.6 2.2 16.0 8.5 10.7 3.2 4.3

Renter or other * * 40.0 1.3 1.1 7.5 7.3 1.3 2.1


Less than 25 60.7 * * 1.7 0.6 9.6 7.5 1.5 2.1

25-49.9 61.5 12.8 21.3 2.0 1.9 5.3 9.8 2.1 1.3

50-74.9 73.5 10.7 50.1 2.1 * 8.5 9.8 2.3 4.3

75-89.9 95.9 20.2 41.4 2.1 * 8.9 12.2 3.2 7.590-100 149.1 20.2 83.1 2.1 21.8 14.9 12.3 6.4 32.0





Other

Mortgages HELOC





residentialproperty

Educationloans

Vehicleloans

Other loans






Less than 20 41.2 * * 2.2 6.6 9.7 7.7 6.8 2.3

20-39.9 50.2 14.1 33.2 3.0 7.2 13.1 8.4 6.7 9.3

40-59.9 67.7 17.4 52.8 3.9 3.2 13.9 10.7 5.9 6.4

60-79.9 86.9 14.6 55.2 5.0 19.0 12.8 13.0 7.8 6.7

80-89.9 110.6 24.9 59.2 7.7 12.8 17.6 15.5 10.6 12.3

90-100 187.8 63.9 137.4 7.0 118.3 27.8 16.7 64.5 102.7

Age of head (years)

Less than 35 95.7 19.1 74.7 4.3 4.9 12.9 11.3 5.4 5.1

35-44 105.8 20.1 76.1 4.6 5.2 21.3 12.8 13.5 11.5

45-54 104.2 38.1 67.1 4.5 17.5 10.6 13.1 16.7 29.1

55-64 88.2 29.1 86.7 4.3 34.3 16.0 10.9 17.2 40.1

65-74 70.0 24.7 130.9 5.5 * * 10.4 7.5 16.0

75 or more 60.0 * 50.7 2.0 * * 7.5 * 32.5






Self-employed 143.1 51.3 135.1 6.0 45.4 22.0 16.3 33.3 56.4

Retired 56.2 12.5 94.3 2.4 * * 9.4 4.8 16.0


Housing status

Owner 97.4 27.8 79.1 4.8 32.6 15.7 12.9 15.6 23.7

Renter or other * * 77.2 3.6 9.4 13.2 9.6 4.4 9.8


Less than 25 63.4 * * 4.1 4.3 15.1 9.4 6.3 6.6

25-49.9 68.5 17.5 24.3 3.6 4.6 10.1 11.9 5.6 4.3

50-74.9 85.3 13.8 59.7 4.8 * 12.3 12.0 7.4 5.975-89.9 111.7 26.3 57.8 4.7 * 20.8 13.6 11.6 20.3

90-100 192.1 63.7 139.6 7.6 90.8 60.4 18.4 85.5 108.3







Installment loans

Other

Mortgages HELOC




residentialproperty

Educationloans

Vehicleloans

Other loans



g g


All families 45.9 8.6 4.0 46.2 1.6 13.5 35.6 8.5 7.6


Less than 20 14.6 * * 28.8 * 10.9 12.8 7.3 4.6

20-39.9 28.9 2.5 1.5 42.9 1.5 10.4 26.7 11.5 5.8

40-59.9 50.0 7.1 2.6 55.1 1.8 15.8 43.6 10.0 8.0

60-79.9 62.9 13.2 4.1 56.1 1.8 17.2 48.7 8.5 8.3

80-89.9 74.0 17.4 7.6 57.6 2.6 14.4 53.6 7.1 12.2

90-100 72.7 20.0 15.4 38.5 2.5 12.0 38.9 3.7 10.6

Age of head (years)

Less than 35 37.7 3.5 2.1 47.5 2.2 28.6 41.3 13.2 6.2

35-44 62.2 10.5 4.0 58.8 1.5 14.6 45.5 10.3 11.3

45-54 62.5 13.1 6.3 54.0 2.9 12.6 39.0 8.4 9.4

55-64 46.3 11.7 5.9 42.1 0.7 8.7 34.7 6.4 8.4

65-74 29.1 6.4 3.2 31.9 0.4 * 24.2 4.6 4.0

75 or more 15.7 4.0 1.5 23.5 * * 10.5 2.6 2.5






Self-employed 57.1 13.2 10.2 44.3 3.0 9.4 36.3 7.1 5.8

Retired 21.2 5.6 1.2 25.9 * 2.0 17.6 5.5 3.9


Housing status

Owner 66.5 12.4 5.1 48.8 1.3 11.0 39.2 7.2 7.7

Renter or other * * 1.7 40.4 2.1 19.1 27.5 11.6 7.3


Less than 25 11.8 * * 40.3 1.3 23.3 28.3 13.5 6.2

25-49.9 52.0 4.5 1.4 57.9 1.7 14.3 42.4 9.7 9.4

50-74.9 64.4 11.9 4.5 52.8 1.9 10.6 41.4 7.6 7.075-89.9 57.3 16.3 5.7 40.5 1.3 6.7 34.6 4.0 7.1

90-100 52.9 17.5 16.6 23.4 1.4 4.5 24.0 2.4 9.1






Installment loans

Other

Mortgages HELOC





Educationloans

Vehicleloans

Other loans




All families 96.0 22.0 87.0 2.2 3.0 9.0 10.8 2.5 4.0


Less than 20 37.1 * * 1.0 * 6.3 6.1 1.4 2.0

20-39.9 53.0 19.5 32.5 1.9 0.3 10.0 7.7 1.8 2.7

40-59.9 78.0 14.5 66.0 2.2 1.0 10.0 9.2 2.6 2.3

60-79.9 97.0 19.0 62.0 3.0 7.0 8.0 12.8 2.6 3.5

80-89.9 130.0 20.0 78.0 2.7 14.0 10.4 14.1 5.0 5.0

90-100 184.0 40.0 159.0 4.0 40.0 10.0 17.1 4.7 9.4

Age of head (years)

Less than 35 101.0 30.0 62.5 1.5 1.0 9.2 9.8 1.5 3.0

35-44 110.0 24.0 75.0 2.5 1.9 9.7 11.2 4.5 4.0

45-54 95.0 20.0 87.0 2.9 7.0 6.9 11.7 2.9 4.0

55-64 85.0 22.5 108.8 2.2 14.0 9.0 13.2 3.6 5.5

65-74 57.2 15.0 100.0 2.2 4.0 * 9.1 2.5 5.0

75 or more 39.9 15.0 39.0 1.0 * * 6.6 18.4 2.0





Self-employed 117.8 30.0 100.0 2.7 2.2 15.0 13.9 5.0 7.0

Retired 44.0 18.0 79.0 1.4 * 5.0 7.7 3.0 3.0


Housing status

Owner 96.0 22.0 90.0 2.5 8.0 9.7 11.9 2.6 4.0

Renter or other * * 83.0 1.5 0.5 8.5 8.1 2.0 3.0


Less than 25 75.0 * * 1.8 0.3 10.0 8.9 2.5 4.0

25-49.9 75.0 24.0 26.3 2.0 1.0 7.0 8.6 1.7 2.0

50-74.9 96.0 16.9 47.0 2.5 8.0 10.0 12.8 2.6 4.0

75-89.9 118.0 23.0 99.0 3.0 22.0 8.0 12.3 6.6 5.090-100 187.0 38.0 148.0 3.0 50.0 7.5 16.3 19.7 20.0





Other

Mortgages HELOC






Educationloans

Vehicleloans

Other loans






Less than 20 52.5 * * 2.7 * 15.0 7.7 4.2 9.1

20-39.9 67.6 27.6 72.9 3.8 6.6 16.8 8.6 14.3 7.7

40-59.9 85.8 29.4 74.1 5.2 3.0 15.5 10.9 11.8 6.8

60-79.9 113.1 26.1 98.8 5.5 15.9 16.3 14.8 21.0 5.8

80-89.9 150.0 31.9 87.6 6.5 33.8 16.5 16.6 35.2 18.0

90-100 229.1 77.4 289.5 8.6 153.3 24.1 22.2 98.9 66.0

Age of head (years)

Less than 35 124.0 36.3 101.2 3.7 19.3 16.3 12.2 9.5 6.1

35-44 131.7 33.4 128.1 5.2 16.9 18.7 14.0 12.4 9.6

45-54 131.0 41.9 200.2 6.2 24.6 16.0 13.9 13.2 13.6

55-64 117.0 51.9 209.1 5.7 116.8 14.6 15.7 19.5 35.5

65-74 77.8 32.1 150.3 5.4 253.8 * 11.4 22.8 39.9

75 or more 66.5 26.8 85.7 4.3 * * 12.2 187.7 39.7






Self-employed 158.6 65.1 233.0 7.1 72.2 20.8 18.3 24.5 73.0

Retired 69.3 36.7 155.6 4.1 * 6.7 10.3 49.4 26.8


Housing status

Owner 121.9 39.8 177.8 5.5 49.4 17.4 14.8 25.8 21.3

Renter or other * * 93.9 4.0 18.4 15.8 9.5 9.0 7.0


Less than 25 78.4 * * 4.2 9.2 17.8 10.7 14.7 6.6

25-49.9 83.9 24.7 54.3 4.5 7.3 13.0 11.0 3.6 5.1

50-74.9 114.1 23.3 67.5 5.8 12.0 18.9 15.2 13.8 9.575-89.9 139.6 34.9 110.3 5.8 38.4 20.2 14.9 15.0 9.1

90-100 234.3 88.3 288.6 7.5 266.3 10.8 22.7 278.4 89.9




13. Amount of debt of all families, distributed by type of lending institution, 1989-2004 surveys

Percent

Type of institution 1989 1992 1995 1998 2001 2004

Commercial bank 28.7 33.1 34.9 32.8 34.1 35.1

26.7 16.9 10.9 9.7 6.1 7.3

Credit union 4.0 4.0 4.5 4.3 5.5 3.6

Thrift institution1



Credit union 4.0 4.0 4.5 4.3 5.5 3.6

Finance or loan company 3.8 3.2 3.2 4.1 4.3 4.1

Brokerage 2.3 3.2 1.9 3.8 3.1 2.5

Mortgage or real estate lender 21.5 27.3 32.8 35.6 38.0 39.4

Individual lender 5.5 4.2 5.0 3.3 2.0 1.7

Other nonfinancial 1.6 1.6 0.8 1.3 1.4 2.0

Government 2.0 1.9 1.2 0.6 1.1 0.7

Credit card issuer 2.9 3.3 3.9 3.9 3.7 3.0

Pension 0.1 0.1 0.2 0.4 0.3 0.3Other 0.9 1.1 0.7 0.3 0.5 0.2

Total 100 100 100 100 100 100

Note: See note to table 1.1. Savings and loan association or savings bank.

14. Ratio of debt payments to family income (aggregate and median), share of debtors with ratio greater than 40 percent, and share of debtors with any payment sixty days or more past due, 1989-2004 surveysPercent

Family characteristicAggregate Median for debtors Debtors with ratio greater than 40 percent Debtors with any payment



1989 1992 1995 1998 2001 2004 1989 1992 1995 1998 2001 2004 1989 1992 1995 1998 2001 2004 1989 1992 1995All families 12.9 14.3 14.1 14.9 12.9 14.4 15.3 15.9 16.2 17.9 16.7 18.0 10.0 11.4 11.7 13.6 11.8 12.2 7.3 6.0 7.1


Less than 20 14.1 16.4 19.1 18.8 16.1 18.2 13.7 14.0 13.2 18.6 19.2 19.7 24.6 27.1 27.4 29.8 29.3 26.8 18.2 11.0 10.2

20-39.9 13.0 15.8 17.0 16.6 15.8 16.6 16.6 15.9 17.5 17.5 16.7 17.4 14.5 16.0 18.0 18.3 16.6 18.6 12.2 9.3 10.1

40-59.9 16.3 16.1 15.6 18.7 17.1 19.4 15.3 15.5 15.7 19.4 17.6 19.5 11.0 10.8 9.9 15.8 12.3 13.7 5.0 6.9 8.7

60-79.9 16.9 16.7 17.9 19.1 16.8 18.5 17.7 17.5 18.9 19.5 18.1 20.6 5.8 8.2 7.7 9.8 6.5 7.1 5.9 4.4 6.6

80-89.9 15.7 15.5 16.6 16.8 17.0 17.3 15.2 16.6 16.8 17.8 17.3 18.1 3.4 3.5 4.7 3.5 3.5 2.4 1.1 1.8 2.8

90-100 8.7 11.3 9.5 10.3 8.1 9.3 12.0 14.0 12.6 13.7 11.2 12.7 1.9 2.4 2.3 2.8 2.0 1.8 2.4 1.0 1.0

Age of head (years)Less than 35 18.2 16.9 17.8 17.2 17.2 17.8 16.1 16.2 16.8 16.9 17.7 18.0 12.6 11.1 12.1 12.8 12.0 12.8 11.2 8.3 8.7

35-44 16.7 18.1 17.2 17.7 15.1 18.2 17.2 18.8 18.3 20.0 17.8 20.6 7.3 12.2 9.9 12.5 10.1 12.5 6.4 6.8 7.7

45-54 12.4 14.8 15.1 16.4 12.8 15.3 15.8 16.0 16.6 17.9 17.4 18.4 11.0 10.5 12.3 12.8 11.6 13.1 4.5 5.4 7.4

55-64 9.2 11.6 11.8 13.4 10.9 11.5 12.0 15.0 14.2 17.6 14.3 15.7 8.6 14.6 15.1 14.0 12.3 10.2 7.4 4.7 3.2

65-74 5.6 7.9 7.2 8.8 9.2 8.7 10.8 10.2 12.3 13.2 16.0 15.6 7.8 7.4 11.3 18.1 14.7 11.6 3.3 1.0 5.3

75 or more 2.2 4.0 2.5 4.1 3.9 7.1 9.5 3.3 2.9 8.1 8.0 12.8 14.1 12.0 7.4 21.4 14.6 10.7 1.2 1.8 5.4


Less than 25 12.0 11.6 13.4 15.0 13.4 13.0 10.1 10.1 11.5 13.6 11.5 13.0 8.1 10.1 10.1 13.0 11.6 10.5 17.6 14.4 14.5

25-49.9 16.4 17.7 18.5 20.1 18.1 19.5 16.9 19.0 19.0 20.1 20.1 21.2 11.9 13.0 12.9 15.9 14.2 15.8 7.6 5.5 8.2

50-74.9 18.0 18.1 18.0 18.3 16.7 20.6 18.8 18.5 19.3 20.2 18.3 21.4 11.1 12.3 12.7 13.0 11.2 12.8 3.8 3.1 4.4

75-89.9 14.6 14.4 14.0 14.8 15.4 15.1 15.1 16.0 15.3 17.8 16.9 17.9 9.3 10.3 9.9 12.3 10.6 9.6 2.2 2.3 2.4

90-100 7.2 10.5 9.0 10.2 7.4 8.5 11.5 13.5 12.7 14.0 11.2 12.6 7.0 9.7 11.5 12.2 8.5 7.6 1.6 1.8 0.7

Housing status

Owner 14.4 16.3 15.6 16.3 13.9 15.6 18.8 19.4 20.1 21.2 20.0 21.5 11.9 14.5 14.3 16.5 14.7 14.9 5.0 3.6 5.1

Renter or other 6.6 7.4 7.9 8.2 7.4 7.2 7.9 7.4 8.1 8.5 8.3 8.1 5.7 4.9 5.8 6.4 4.2 4.3 12.3 11.2 11.5

Distribution of reasons cited by respondents for their families' not having a checking account, by reason, 1989-2004 surveys

Percent

Reason 1989 1992 1995 1998 2001 2004

Do not write enough checks

to make it worthwhile 34.4 30.6 25.3 28.4 28.5 27.9

Minimum balance is too high 7.7 8.7 8.8 8.6 6.5 5.6



Do not like dealing with banks 15.0 15.2 18.6 18.5 22.6 22.6

Service charges are too high 8.6 11.2 8.4 11.0 10.2 11.6

Cannot manage or balancea checking account 5.0 6.7 8.0 7.2 6.6 6.8

No bank has convenient hours

or location 1.2 0.8 1.2 1.2 0.4 1.1

Do not have enough money 21.2 21.1 20.0 12.9 14.0 14.4

Credit problems * 0.7 1.4 2.7 3.6 2.4

Do not need/want an account * 3.2 4.9 6.3 5.1 5.2

Other 6.8 1.9 3.5 3.1 2.3 2.4

Total 100 100 100 100 100 100* Responses not coded separately in 1989.

US Federal Reserve: bulletin tables

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