Table 2 Balance sheet for households in 2006
Asset category | Percent of HHs with that asset | Mean holding | Share of total wealth | Values conditional on positive holding | |
|---|---|---|---|---|---|
Mean | Median | ||||
Native Households | |||||
Financial Assets | 94.3% | 191,818 | 25.4% | 240,860 | 48,659 |
Stocks | 33.6% | 102,223 | 13.5% | 304,241 | 75,691 |
Bank Accounts | 90.5% | 33,087 | 4.4% | 36,575 | 10,813 |
CDs | 29.1% | 20,843 | 2.8% | 71,600 | 27,033 |
Bonds | 7.7% | 17,898 | 2.4% | 232,319 | 48,659 |
Other Financial Wealth | 19.2% | 22,382 | 3.0% | 116,275 | 25,951 |
Home Equity (Primary home) | 90.3% | 215,056 | 28.5% | 245,183 | 153,545 |
Home Equity (Secondary home) | 18.5% | 36,981 | 4.9% | 199,502 | 70,285 |
Home Equity (Other real estate) | 19.3% | 85,002 | 11.2% | 439,621 | 108,130 |
Non-Mortgage Debt | 31.3% | 4,614 | 0.6% | 14,747 | 5,407 |
Business Assets | 13.0% | 83,900 | 11.1% | 645,834 | 216,260 |
Vehicle Assets | 95.4% | 22,632 | 3.0% | 23,728 | 16,220 |
IRAs & Keoghs | 50.1% | 120,313 | 15.9% | 240,212 | 86,504 |
Net Worth | 99.5% | 755,703 | 100.0% | 780,054 | 327,634 |
Mixed Households | |||||
Financial Assets | 92.3% | 174,643 | 22.3% | 238,787 | 54,065 |
Stocks | 30.3% | 72,570 | 9.3% | 239,902 | 108,130 |
Bank Accounts | 87.3% | 63,807 | 8.2% | 73,131 | 10,813 |
CDs | 24.5% | 19,576 | 2.5% | 79,903 | 27,033 |
Bonds | 7.3% | 8,909 | 1.1% | 122,884 | 54,065 |
Other Financial Wealth | 17.3% | 16,832 | 2.2% | 97,575 | 34,602 |
Home Equity (Primary Home) | 87.0% | 305,316 | 39.0% | 356,491 | 216,260 |
Home Equity (Secondary home) | 15.5% | 33,779 | 4.3% | 217,932 | 135,163 |
Home Equity (Other real estate) | 17.8% | 79,224 | 10.1% | 446,335 | 270,325 |
Non-Mortgage Debt | 33.5% | 7,052 | 0.9% | 21,051 | 6,488 |
Business Assets | 8.8% | 66,200 | 8.5% | 756,572 | 162,195 |
Vehicle Assets | 92.0% | 17,883 | 2.3% | 19,438 | 12,976 |
IRAs & Keoghs | 43.0% | 105,407 | 13.5% | 245,133 | 85,963 |
Net Worth | 99.0% | 782,453 | 100.0% | 832,191 | 392,512 |
Immigrant Households | |||||
Financial Assets | 78.6% | 154,584 | 30.5% | 256,269 | 18,382 |
Stocks | 15.6% | 113,697 | 22.4% | 728,430 | 162,195 |
Bank Accounts | 73.0% | 22,692 | 4.5% | 31,078 | 5,407 |
CDs | 13.5% | 10,568 | 2.1% | 72,640 | 35,142 |
Bonds | 3.7% | 2,690 | 0.5% | 72,640 | 35,142 |
Other Financial Wealth | 11.1% | 7,968 | 1.6% | 71,713 | 26,492 |
Home Equity (Primary Home) | 74.1% | 197,593 | 39.0% | 277,966 | 216,260 |
Home Equity (Secondary home) | 14.6% | 38,182 | 7.5% | 262,415 | 216,260 |
Home Equity (Other real estate) | 14.0% | 47,167 | 9.3% | 336,398 | 162,195 |
Non-Mortgage Debt | 32.8% | 3,031 | 0.6% | 9,240 | 3,244 |
Business Assets | 5.3% | 24,643 | 4.9% | 465,750 | 151,382 |
Vehicle Assets | 82.3% | 11,514 | 2.3% | 13,994 | 8,650 |
IRAs & Keoghs | 20.6% | 33,183 | 6.5% | 160,811 | 68,122 |
Net Worth | 94.4% | 506,866 | 100.0% | 561,790 | 260,864 |