Table D. Median Net Worth by Age of Householder and Monthly Household Income Quintile: 1993 and 1991
(Excludes group quarters)
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65 years and over
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Monthly household income Less than 35 to 45 to 55 to 65 to 70 to 75 years
Total 35 years 44 years 54 years 64 years Total 69 years 74 years and over
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1993
All households (thousands)................ 96,468 24,361 22,790 16,258 12,291 20,768 6,132 5,504 9,131
Median net worth (dollars).............. 37,587 5,786 29,202 57,755 91,481 86,324 92,500 95,748 77,654
Excluding home equity................... 9,505 3,297 8,219 14,499 25,108 20,642 23,650 23,054 18,125
Net Worth by Income Quintile\1
Lowest quintile:
Households (thousands).................. 19,327 5,154 2,911 1,972 2,231 7,059 1,560 1,600 3,899
Median net worth (dollars).............. 4,249 478 970 3,875 16,900 30,400 34,413 24,373 32,149
Excluding home equity................... 949 100 499 550 1,900 2,993 2,499 2,142 3,499
Second quintile:
Households (thousands).................. 19,306 5,201 3,516 2,272 2,310 6,006 1,692 1,674 2,641
Median net worth (dollars).............. 20,230 2,837 4,742 15,524 57,075 80,975 72,587 83,848 84,633
Excluding home equity................... 4,999 1,595 1,975 3,100 11,805 20,624 16,742 20,691 22,883
Third quintile:
Households (thousands).................. 19,279 5,659 4,795 2,847 2,306 3,672 1,244 1,076 1,352
Median net worth (dollars).............. 30,788 6,993 17,315 37,413 86,405 138,554 116,589 147,230 156,499
Excluding home equity................... 8,283 4,057 5,325 7,475 23,099 53,870 44,410 53,675 67,049
Fourth quintile:
Households (thousands).................. 19,304 5,096 5,723 3,686 2,429 2,370 934 682 754
Median net worth (dollars).............. 50,000 15,872 40,857 62,031 122,278 199,581 182,861 173,664 232,105
Excluding home equity................... 15,088 7,700 12,305 16,732 38,800 93,196 85,633 83,755 106,650
Highest quintile:
Households (thousands).................. 19,252 3,251 5,846 5,480 3,014 1,660 702 472 486
Median net worth (dollars).............. 118,996 38,449 91,349 133,525 210,741 354,781 316,751 351,739 475,498
Excluding home equity................... 45,392 17,467 35,200 51,162 101,389 215,335 184,760 213,863 273,500
1991 (in 1993 dollars)
All households (thousands)................ 94,692 25,031 21,514 14,934 12,575 20,638 6,435 5,439 8,764
Median net worth (dollars).............. 38,500 5,893 33,027 61,532 88,073 94,074 107,473 97,863 80,636
Excluding home equity................... 10,858 3,427 9,938 16,697 27,221 27,400 35,270 27,285 24,380
Net Worth by Income Quintile\1
Lowest quintile:
Households (thousands).................. 18,977 5,256 2,271 1,901 2,323 7,226 1,657 1,630 3,939
Median net worth (dollars).............. 5,406 504 1,028 5,459 17,782 33,523 31,800 33,230 33,601
Excluding home equity................... 1,059 159 529 735 1,272 3,710 2,649 3,101 4,823
Second quintile:
Households (thousands).................. 18,912 5,432 3,231 1,958 2,431 5,860 1,760 1,526 2,574
Median net worth (dollars).............. 20,315 3,087 6,518 20,654 56,275 95,718 97,492 94,392 94,139
Excluding home equity................... 5,934 1,819 2,364 4,783 10,945 30,711 26,543 27,216 36,226
Third quintile:
Households (thousands).................. 18,971 5,809 4,474 2,629 2,536 3,523 1,306 1,141 1,075
Median net worth (dollars).............. 30,263 7,080 19,398 37,643 80,949 154,732 150,831 143,694 166,689
Excluding home equity................... 9,204 4,055 6,016 10,083 25,330 72,663 68,052 66,081 85,490
Fourth quintile:
Households (thousands).................. 18,927 5,105 5,607 3,432 2,504 2,279 968 657 654
Median net worth (dollars).............. 51,779 17,023 40,834 60,381 129,850 219,043 190,059 205,958 294,203
Excluding home equity................... 17,135 8,114 12,990 16,423 46,019 118,719 86,229 110,187 195,746
Highest quintile:
Households (thousands).................. 18,905 3,429 5,931 5,014 2,780 1,751 744 485 522
Median net worth (dollars).............. 121,423 45,509 96,450 142,279 206,226 454,599 362,124 423,627 525,312
Excluding home equity................... 51,702 19,991 38,086 56,180 98,289 317,893 235,365 316,580 420,986
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1/Quintile upper limits for 1993 were: lowest quintile - $1,071; second quintile - $1,963; third quintile - $2,995; fourth
quintile - $4,635. Quintile upper limits for 1991 were: lowest quintile - $1,135; second quintile - $2,027; third
quintile - $3,089; fourth quintile - $4,721.
Contact the Demographic Call Center Staff at 301-763-2422 or 1-866-758-1060 (toll free) or visit
ask.census.gov for further information on Wealth and Asset Ownership Data.
Source: U.S. Census Bureau, Housing and Household Economic Statistics Division
Last Revised: January 28, 2005
