Where is the Wealth? - Census.gov...Net Worth (wealth) is defined as the sum of the market value of...
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Where is the Wealth? Median Household Net Worth by Quintile Source: U.S. Census Bureau, Survey of Income and Program Parcipaon, 1996, 2004, and 2008 Panels. 2000 2005 2011 Bottom 20% 1st Quintile Next 20% 2nd Quintile Middle 20% 3rd Quintile Next 20% 4th Quintile Top 20% of households by net worth 5th Quintile $-905 $14,319 $16,645 $7,263 $73,911 $106,591 $68,839 $187,552 $280,402 $205,985 $569,375 $776,225 $630,754 $-915 $-6,029 Net Worth (wealth) is defined as the sum of the market value of assets owned by every member of the household minus liabilities owed. Key assets include: the value of a household's home, retirement accounts, stocks and mutual fund shares, and interest-earning assets (interest-earn- ing checking accounts, savings accounts, etc.). Key liabilities include: mortgages on a household's home, credit card debt, student loan debt, and medical debt not covered by insurance. All dollar figures are in 2011 constant dollars
Transcript of Where is the Wealth? - Census.gov...Net Worth (wealth) is defined as the sum of the market value of...
Where is the Wealth?Median Household Net Worth by Quintile
Source: U.S. Census Bureau, Survey of Income and Program Participation, 1996, 2004, and 2008 Panels.
200020052011
Bottom 20%1st Quintile
Next 20%2nd Quintile
Middle 20%3rd Quintile
Next 20%4th Quintile
Top 20% of households by
net worth5th Quintile
$-905
$14,319
$16,645 $7,263
$73,911
$106,591$68,839
$187,552
$280,402$205,985
$569,375$776,225
$630,754
$-915$-6,029
Net Worth (wealth) is defined as the sum of the market value of assets owned by every member of the household minus liabilities owed.
Key assets include: the value of a household's home, retirement accounts, stocks and mutual fund shares, and interest-earning assets (interest-earn-ing checking accounts, savings accounts, etc.).
Key liabilities include: mortgages on a household's home, credit card debt, student loan debt, and medical debt not covered by insurance.
All dollar figures are in 2011 constant dollars
