Table 3.: Wealth
of Families of Four (cont'd)
(Numbers
in 1994 Dollars)
|
Mean
|
Other
RE Debt
|
Consumer
Loans
|
Other
Debt
|
Credit
Cards
|
Total
Assets
|
Total
Liabilities
|
Net
Worth
|
|
All
Families of Four
|
|
Married,
2 Children
|
7,285
|
6,341
|
654
|
2,759
|
300,426
|
73,208
|
227,218
|
|
Total
Families of 4 Four
|
6,458
|
5,815
|
631
|
2,201
|
245,965
|
56,670
|
189,295
|
|
White |
|
Married,
2 Children
|
9,052
|
6,656
|
742
|
2,951
|
342,844
|
80,796
|
262,047
|
|
Total
Families of Four
|
8,418
|
6,340
|
830
|
2,584
|
314,186
|
68,328
|
245,858
|
|
Black |
|
Married,
2 Children
|
1,090
|
6,156
|
558
|
3,051
|
139,419
|
48,419
|
90,756
|
|
Total
Families of Four
|
3,144
|
5,414
|
161
|
1,448
|
80,342
|
26,598
|
53,744
|
|
Hispanic |
|
Married,
2 Children
|
-
|
4,899
|
222
|
1,449
|
94,640
|
32,838
|
61,803
|
|
Total
Families of Four
|
-
|
3,097
|
229
|
1,310
|
79,468
|
28,112
|
51,326
|
| |
|
|
|
|
|
|
|
|
Median
|
Other
RE Debt
|
Consumer
Loans
|
Other
Debt
|
Credit
Cards
|
Total
Assets
|
Total
Liabilities
|
Net
Worth
|
|
All
Families of Four
|
|
Married,
2 Children
|
-
|
1,700
|
-
|
620
|
142,550 |
55,500 |
62,380 |
|
Total
Families of Four
|
- |
930 |
- |
230 |
110,560 |
30,390 |
52,050 |
|
White |
|
Married,
2 Children
|
-
|
2,100
|
-
|
600
|
159,000 |
60,000 |
70,200 |
|
Total
Families of Four
|
- |
- |
- |
- |
19,300 |
1,600 |
5,560 |
|
Black |
|
Married,
2 Children
|
-
|
100
|
-
|
1,600
|
63,800 |
20,700 |
36,780 |
|
Total
Families of Four
|
- |
- |
- |
- |
36,780 |
2,400 |
16,200 |
|
Hispanic |
|
Married,
2 Children
|
-
|
1,470
|
-
|
800
|
75,620 |
15,000 |
31,410 |
|
Total
Families of Four
|
- |
- |
- |
500 |
23,600 |
9,700 |
11,000 |
Source:
1995 Board of Governors of the Federal Reserve Board,
Survey of Consumer Finances; Heritage Calculations
|
