U.S. Census Bureau
 Wealth and Asset Ownership




Asset Ownership of Households: 1995

Table 6.  Standard Errors for Median Value of Assets for Households,
by Type of Asset Owned and Selected Characteristics: 1995
(In dollars.  Excludes group quarters.)

                                                             Interest                              Stocks                                     
                                                              earning       Other                     and   Equity in                         
                                                            assets at   interest-     Regular      mutual    business   Equity in   Equity in 
                                                            financial     earning    checking        fund          or       motor         Own 
                                              Net worth  institutions      assets    accounts      shares  profession    vehicles        home 
   Total                                            473            35         565           7         236         301          59         512 
                                                                                                                                              
RACE AND HISPANIC ORIGIN OF HOUSEHOLDER                                                                                                       
                                                                                                                                              
White                                               611            43         577           8         252         331          64         547 
Black                                               260            45         (B)          25         475         513         117       1,298 
Hispanic Origin                                     305            55         (B)          27       1,285       1,186         124       1,589 
                                                                                                                                              
AGE OF HOUSEHOLDER                                                                                                                            
                                                                                                                                              
Less than 35 years                                  185            29         601          13         264         433          98         537 
35 to 44 years                                      758            52         467          16         283         511         115         795 
45 to 54 years                                    1,615            79       1,100          19         447         852         161       1,137 
55 to 64 years                                    2,682           181       2,087          22         696         685         202       1,355 
65 years and over                                 1,924           259       1,560          22       1,045       1,304         120       1,003 
65 to 69 years                                    4,097           396       2,564          38       1,694       1,135         263       1,899 
70 to 74 years                                    3,786           403       2,845          32       1,927       3,432         230       1,937 
75 and over                                       2,616           447       2,597          35       1,817         (B)         146       1,594 
                                                                                                                                              
EDUCATION OF HOUSEHOLDER                                                                                                                      
                                                                                                                                              
Less than 12 years                                  532            90       2,077          15         492         560          83         960 
High school:    4 years                             773            56       1,676          12         323         483          96         875 
College:        1 to 3 years                        816            53       1,143          14         392         620         109       1,042 
                4 or more years                   1,799            94         794          21         426         658         144       1,178 
                                                                                                                                              
TYPE OF HOUSEHOLD BY AGE                                                                                                                      
OF HOUSEHOLDER                                                                                                                                
                                                                                                                                              
Married-couple households                           924            51         706          10         265         409          92         641 
   Less than 35 years                               483            47         827          19         338         479         155         644 
   35 to 54 years                                 1,250            60         710          15         256         555         134         829 
   55 to 64 years                                 3,724           258       2,186          31         939       1,091         288       1,924 
   65 years and over                              3,459           389       2,114          39       1,493       1,771         230       1,603 
Male householder                                    490            70         933          19         610         974         107       1,281 
   Less than 35 years                               299            61       1,255          31         507       1,268         165       1,279 
   35 to 54 years                                 1,049           116         748          32         929       1,643         153       1,656 
   55 to 64 years                                 3,782           370         (B)          73       1,612         (B)         406       4,499 
   65 years and over                              4,177           655       3,763          73       3,486         (B)         255       2,632 
Female householder                                  341            57       1,780          12         556          93          65         971 
  Less than 35 years                                151            33         (B)          18         630         (B)         129       1,389 
  35 to 54 years                                    457            61       1,966          22         566         529         118       1,495 
  55 to 64 years                                  2,737           223      10,322          37         977         (B)         215       2,223 
  65 years and over                               2,241           361       2,702          26       1,525         (B)         123       1,450 
                                                                                                                                              
LABOR FORCE ACTIVITY OF                                                                                                                       
HOUSEHOLDERS UNDER 65                                                                                                                         
YEARS                                                                                                                                         
                                                                                                                                              
   Total                                            387            31         489           8         184         314          66         549 
With labor force activity                           440            31         507           8         194         339          71         559 
   With job entire period                           497            32         533           8         197         363          76         577 
   With job part of period                          483           101         (B)          31       1,681       1,309         230       2,639 
   No job during period, spent time looking                                                                                                   
or on layoff                                        429           167         (B)          50         (B)         (B)         330       4,445 
No labor force activity                             416           129       2,509          17         781         573         159       1,885 
                                                                                                                                              
Monthly Household Income                                                                                                                      
Lowest quintile                                     148            61         939          11         672         482          73       1,048 
Second quintile                                     593            65       1,812          12         530         504          80       1,080 
Third quintile                                      924            59       1,315          15         469         434         103       1,111 
Fourth quintile                                   1,208            65       1,089          17         404         579         132         990 
Highest quintile                                  2,283           127         970          29         452         967         176       1,204 
                                                                                                                                              
REGION                                                                                                                                        
                                                                                                                                              
Northeast                                         1,456            86       1,167          17         457         603         134       1,359 
Midwest                                           1,012            75         975          14         440         712         114         844 
South                                               638            61       1,050          13         449         679         103         701 
West                                                997            76       1,527          18         510         554         124       1,570 
                                                                                                                                              
TENURE                                                                                                                                        
                                                                                                                                              
Owner                                               887            57         661          10         289         423          83         512 
Renter                                               69            27         943          11         290         327          58         (B) 



Table 6.  Standard Errors for Median Value of Assets for Households,
by Type of Asset Owned and Selected Characteristics: 1995
(In dollars.  Excludes group quarters.)

                                                              Other                     IRA             
                                                 Rental        real        U.S.          or             
                                               property      estate     savings       KEOGH       Other 
                                                 equity      equity       bonds    accounts      assets 
   Total                                          1,547         748          17         270       1,419 
                                                                                                        
RACE AND HISPANIC ORIGIN OF HOUSEHOLDER                                                                 
                                                                                                        
White                                             1,816         775          20         280       1,449 
Black                                               676       1,707          35         426         (B) 
Hispanic Origin                                   2,513       3,075          51       1,155         (B) 
                                                                                                        
AGE OF HOUSEHOLDER                                                                                      
                                                                                                        
Less than 35 years                                1,697       1,004          19         254         842 
35 to 44 years                                    2,105       1,704          30         394       2,454 
45 to 54 years                                    3,517       1,697          42         593       2,859 
55 to 64 years                                    5,623       2,135          72         849       3,275 
65 years and over                                 2,395       1,352          88         938       2,576 
65 to 69 years                                    4,258       2,138         136       1,631       7,380 
70 to 74 years                                    7,409       3,540         178       1,621       3,987 
75 and over                                       1,729       1,644         116       1,707       4,251 
                                                                                                        
EDUCATION OF HOUSEHOLDER                                                                                
                                                                                                        
Less than 12 years                                  682       1,600          29       1,003         (B) 
High school:    4 years                           1,745       1,252          27         452       2,502 
College:        1 to 3 years                      4,169       1,355          29         447       2,532 
                4 or more years                   3,590       1,867          43         503       2,574 
                                                                                                        
TYPE OF HOUSEHOLD BY AGE                                                                                
OF HOUSEHOLDER                                                                                          
                                                                                                        
Married-couple households                         2,185       1,025          26         380       1,819 
   Less than 35 years                             4,183       1,280          25         395         (B) 
   35 to 54 years                                 2,346       1,673          34         452       2,143 
   55 to 64 years                                 6,517       3,039          84       1,177       3,896 
   65 years and over                              5,243       2,247         123       1,483       4,919 
Male householder                                  3,130       1,574          40         523       3,762 
   Less than 35 years                               (B)         (B)          24         486         (B) 
   35 to 54 years                                 6,945       2,245          66         688         (B) 
   55 to 64 years                                   (B)         (B)         (B)       2,200         (B) 
   65 years and over                              3,982         (B)         432       2,443         (B) 
Female householder                                1,885         738          30         435       2,807 
  Less than 35 years                                (B)         (B)          37         418         (B) 
  35 to 54 years                                  3,572       2,605          32         605         (B) 
  55 to 64 years                                  9,472         (B)         150       1,144         (B) 
  65 years and over                               1,431         889         112       1,071       3,949 
                                                                                                        
LABOR FORCE ACTIVITY OF                                                                                 
HOUSEHOLDERS UNDER 65                                                                                   
YEARS                                                                                                   
                                                                                                        
   Total                                          1,862         958          16         258       1,593 
With labor force activity                         1,985         978          17         257       1,438 
   With job entire period                         1,907       1,044          17         262       1,546 
   With job part of period                          (B)       1,682          83       1,408         (B) 
   No job during period, spent time looking                                                             
or on layoff                                        (B)       4,634         (B)         (B)         (B) 
No labor force activity                           6,901       2,533          49       1,298         (B) 
                                                                                                        
Monthly Household Income                                                                                
Lowest quintile                                   2,571       1,252          29       1,060         (B) 
Second quintile                                   1,261       1,317          21         679       3,028 
Third quintile                                    3,175       1,198          30         571       3,106 
Fourth quintile                                   3,111       1,346          37         484       3,094 
Highest quintile                                  3,739       1,893          41         497       2,624 
                                                                                                        
REGION                                                                                                  
                                                                                                        
Northeast                                         2,326       2,337          52         565       3,410 
Midwest                                           2,230       1,348          31         462       2,711 
South                                             2,842         858          28         489       2,463 
West                                              5,618       2,396          41         624       2,867 
                                                                                                        
TENURE                                                                                                  
                                                                                                        
Owner                                             1,639         806          25         330       1,530 
Renter                                            3,014       1,677          19         369       1,529 



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Source: U.S. Census Bureau, Housing and Household Economic Statistics Division
Last Revised: January 28, 2005