Table 3.5: Wealth
of White Families of Four
|
Married
|
Total |
|
Mean |
Median |
Mean |
Median |
| Checking/Money
Mkt Accounts |
7,709 |
2,000 |
7,495 |
2,000 |
| Savings Accounts |
5,619 |
510 |
5,462 |
500 |
| Brokerage Call Account |
5,258 |
0 |
5,103 |
0 |
| Cds |
2,947 |
0 |
2,860 |
0 |
| Stock Mutual Fund |
22,615 |
0 |
22,003 |
0 |
| Tax Free Bond Mutual Fund |
1,812 |
0 |
1,758 |
0 |
| Govt Bond Mutual Fund |
341 |
0 |
331 |
0 |
| Other Bond Mutual Fund |
1,785 |
0 |
1,732 |
0 |
| Comb. Stock/Bond Mutual Fund |
2,804 |
0 |
2,789 |
0 |
| Stocks |
40,496 |
0 |
39,637 |
0 |
| Mortgage Backed Bonds |
129 |
0 |
125 |
0 |
| Gov Bonds |
468 |
0 |
454 |
0 |
| Tax Free Bonds |
4,100 |
0 |
3,979 |
0 |
| Foreign Bonds |
8 |
0 |
8 |
0 |
| Corporate Bonds |
489 |
0 |
474 |
0 |
| Savings Bonds |
1,109 |
0 |
1,078 |
0 |
| Ira/Keogh Accounts |
34,401 |
500 |
33,572 |
0 |
| Thrift/401k/403b Accounts |
34,994 |
1,200 |
33,994 |
650 |
| Cash Value Of Life Ins. |
15,909 |
0 |
15,812 |
0 |
| Other Managed Assets Value |
10,942 |
0 |
10,619 |
0 |
| Other Financial Assets |
7,119 |
0 |
6,938 |
0 |
| Value Of Vehicles Owned And Leased |
25,816 |
23,000 |
25,244 |
22,700 |
| Primary Home/Farm Value |
209,965 |
150,000 |
204,383 |
140,000 |
| Other Real Estate Value |
43,829 |
0 |
42,599 |
0 |
| Net Bus Interest (No Farm) |
132,923 |
0 |
128,998 |
0 |
| Other Non-Fin Assets |
6,994 |
0 |
6,834 |
0 |
| Primary Housing Debt/Mortgage |
102,857 |
80,000 |
99,928 |
80,000 |
| Other Real Estate Debt |
8,974 |
0 |
8,709 |
0 |
| Credit Cards |
2,118 |
50 |
2,087 |
30 |
| Installment Loans |
11,333 |
4,800 |
11,156 |
4,600 |
| Margin Loans |
948 |
0 |
946 |
0 |
| Other Debt |
945 |
0 |
923 |
0 |
| Total Assets |
623,673 |
272,700 |
607,431 |
259,750 |
| Total Liabilities |
127,175 |
98,000 |
123,750 |
95,800 |
| Net Worth |
496,498 |
145,600 |
483,681 |
141,600 |
Source:
2001 Survey of Current Finances; Heritage Calculations
|
