Table 3.3: Total
Wealth
of Families of Four
|
Type
of Wealth
|
Married |
Single |
Total |
|
Mean |
Median |
Mean |
Median |
Mean |
Median |
| Checking/Money
Mkt Accounts |
$7,243 |
$1,850 |
$480 |
$40 |
$6,633 |
$1,600 |
| Savings Accounts |
5,589 |
440 |
594 |
0 |
5,138 |
320 |
| Brokerage Call Account |
4,233 |
0 |
0 |
0 |
3,851 |
0 |
| Cds |
3,980 |
0 |
616 |
0 |
3,676 |
0 |
| Stock Mutual Fund |
18,310 |
0 |
889 |
0 |
16,737 |
0 |
| Tax Free Bond Mutual Fund |
1,463 |
0 |
0 |
0 |
1,331 |
0 |
| Govt Bond Mutual Fund |
392 |
0 |
0 |
0 |
356 |
0 |
| Other Bond Mutual Fund |
1,440 |
0 |
0 |
0 |
1,310 |
0 |
| Comb. Stock/Bond Mutual Fund |
2,472 |
0 |
563 |
0 |
2,300 |
0 |
| Stocks |
34,150 |
0 |
2,814 |
0 |
31,321 |
0 |
| Mortgage Backed Bonds |
104 |
0 |
0 |
0 |
94 |
0 |
| Gov Bonds |
381 |
0 |
0 |
0 |
346 |
0 |
| Tax Free Bonds |
3,303 |
0 |
0 |
0 |
3,005 |
0 |
| Foreign Bonds |
7 |
0 |
0 |
0 |
6 |
0 |
| Corporate Bonds |
393 |
0 |
0 |
0 |
358 |
0 |
| Savings Bonds |
964 |
0 |
60 |
0 |
882 |
0 |
| Ira/Keogh Accounts |
29,077 |
0 |
1,560 |
0 |
26,593 |
0 |
| Thrift/401k/403b Accounts |
29,933 |
150 |
884 |
0 |
27,311 |
0 |
| Cash Value Of Life Ins. |
13,633 |
0 |
4,171 |
0 |
12,779 |
0 |
| Other Managed Assets Value |
8,876 |
0 |
0 |
0 |
8,075 |
0 |
| Other Financial Assets |
6,445 |
0 |
630 |
0 |
5,920 |
0 |
| Value Of Vehicles Owned And Leased |
24,152 |
21,300 |
4,352 |
3,600 |
22,365 |
19,200 |
| Primary Home/Farm Value |
191,645 |
130,000 |
19,379 |
0 |
176,096 |
118,000 |
| Other Real Estate Value |
42,119 |
0 |
541 |
0 |
38,366 |
0 |
| Net Bus Interest (No Farm) |
119,997 |
0 |
0 |
0 |
109,166 |
0 |
| Other Non-Fin Assets |
6,648 |
0 |
384 |
0 |
6,083 |
0 |
| Primary Housing Debt/Mortgage |
94,552 |
76,000 |
10,690 |
0 |
86,983 |
65,000 |
| Other Real Estate Debt |
9,372 |
0 |
0 |
0 |
8,526 |
0 |
| Credit Cards |
2,104 |
100 |
983 |
0 |
2,003 |
50 |
| Installment Loans |
10,913 |
4,500 |
2,330 |
0 |
10,138 |
3,100 |
| Margin Loans |
762 |
0 |
223 |
0 |
714 |
0 |
| Other Debt |
780 |
0 |
57 |
0 |
715 |
0 |
| Total Assets |
559,434 |
222,000 |
39,176 |
4,200 |
512,473 |
195,100 |
| Total Liabilities |
118,485 |
94,090 |
14,284 |
780 |
109,079 |
84,060 |
| Net Worth |
440,949 |
114,900 |
24,892 |
2,320 |
403,394 |
98,510 |
Source:
2001 Survey of Current Finances; Heritage
Tabulations
|