Asset Ownership of Households: 1993
Table A. Ownership Rates, Median Value of Asset Holdings, and the Distribution of Net Worth by Asset Type: 1993, 1991, 1988 and 1984
(Excludes group quarters)
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1993 1991 1988 1984
(in 1993 dollars) (in 1993 dollars) (in 1993 dollars)
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Median Median Median Median
Asset type Percent of Values of Percent of Values of Percent of Values of Percent of Values of
households holdings Distribution households holdings Distribution households holdings Distribution households holdings Distribution
that own for asset of that own for asset of that own for asset of that own for asset of
asset type owners net worth asset type owners net worth asset type owners net worth asset type owners net worth
(dollars) (dollars) (dollars) (dollars)
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All assets...................... (X) 37,587 100.0 (X) 38,500 100.0 (X) 43,617 100.0 (X) 45,411 100.0
Interest-earning assets
at financial institutions...... 71.1 2,999 11.4 73.2 3,709 14.3 72.9 4,263 14.1 71.8 4,262 14.5
Savings accounts.............. 60.1 (NA) (NA) 62.4 (NA) (NA) 61.6 (NA) (NA) 62.9 (NA) (NA)
Money market deposit accounts. 12.6 (NA) (NA) 14.9 (NA) (NA) 15.2 (NA) (NA) 15.7 (NA) (NA)
Certificates of deposit....... 16.0 (NA) (NA) 22.0 (NA) (NA) 17.7 (NA) (NA) 19.1 (NA) (NA)
Interest-earning checking..... 36.9 (NA) (NA) 37.8 (NA) (NA) 34.3 (NA) (NA) 24.8 (NA) (NA)
Other interest-earning assets... 8.6 12,998 4.0 9.0 16,058 5.0 9.4 13,311 4.2 8.5 13,165 3.2
Money market funds............ 3.9 (NA) (NA) 4.2 (NA) (NA) 3.6 (NA) (NA) 3.8 (NA) (NA)
Government securities......... 2.1 (NA) (NA) 2.2 (NA) (NA) 2.2 (NA) (NA) 1.4 (NA) (NA)
Corporate or municipal bonds.. 3.1 (NA) (NA) 3.4 (NA) (NA) 2.8 (NA) (NA) 2.6 (NA) (NA)
Other interest-earning assets. 2.2 (NA) (NA) 2.2 (NA) (NA) 3.3 (NA) (NA) 2.8 (NA) (NA)
Checking accounts............... 45.9 499 0.5 46.0 529 0.5 48.3 594 0.6 53.9 624 0.6
Stocks and mutual fund shares... 20.9 6,960 8.3 20.7 5,490 7.1 21.8 5,502 6.5 20.0 5,410 6.8
Own home........................ 64.3 46,669 44.4 64.7 43,070 42.6 63.6 52,545 43.0 64.3 56,430 41.3
Rental property................. 8.4 29,300 6.7 9.0 31,270 6.5 9.0 45,676 7.9 9.8 48,033 9.0
Other real estate............... 9.3 19,415 4.6 10.7 20,140 5.4 10.5 22,038 4.3 10.0 20,559 4.4
Vehicles........................ 85.7 5,140 6.4 86.4 5,555 6.4 86.3 5,388 5.8 85.8 5,705 5.9
Business or profession.......... 10.8 7,000 6.4 11.7 10,203 7.3 12.5 12,744 8.8 12.9 8,754 10.3
U.S. savings bonds.............. 18.5 775 0.8 18.1 610 0.6 17.5 666 0.6 15.0 417 0.5
IRA or Keogh accounts........... 23.1 12,985 6.7 22.9 11,886 5.2 24.2 11,000 4.2 19.5 6,679 2.2
Other financial investments\1... 5.2 21,001 3.0 2.8 19,031 3.1 6.6 19,769 3.0 7.0 17,777 5.0
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X Not applicable.
NA Not available because separate questions were not asked about the amount held in these individual assets.
1/Includes mortgages held from sale of real estate, amount due from sale of business, unit trusts, and other financial investments.
Source: U.S. Census Bureau
Modified Tuesday, November 17, 2009
Copyright @ 2007 by Fathers' Manifesto & Christian Party