WealthandWant.com: Wealth Tables 50-40-5-4-1

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Wealth Tables 50-40-5-4-1

Quantiles: Networth distribution: Bottom 50%, 50th to 90th, 90th to 95th, 95th to 99th and Top 1% (50-40-5-4-1)
Comparison: 2004 vs 1989
source: Currents and Undercurrents: Changes in the Distribution of Wealth, 1989–2004, by Arthur B. Kennickell, Federal Reserve Board, January, 2006.
For more aggregated quantiles, see parallel tables at Wealth Tables 90-9-1
Definitions of Assets: Click on the link in the table, or here.

Guided tour

Tables:
Table W50-1 Dollar Holdings and change, by Networth Quantile — 1989 and 2004
Table W50-2 Corner Percentages: Each Quantile's Share of Aggregate Networth, 1989 and 2004
Table W50-3 Wealth Shares and Percent Change by Networth Quantile — 1989 and 2004
Table W50-4: Dollar Change, Percent Chg and Shares of Dollar Change, by Networth Quantile
Table W50-5 Ownership Rates, by Networth Quantile - nonadditive - 1989, 2004 and Point Change
Table W50-6 Ownership Rates by Networth Quantile - additive - 1989 and 2004
Table W50-7 Holdings per 1% who hold, by Networth Quantile — 1989 and 2004
Table W50-8 Holdings per 1% who hold - Change and Percent Change, 1989-2004, by Networth Quantile

Table W50-1 Dollar Holdings and change, by Networth Quantile — 1989 and 2004 Note: Table W50-4 shows the percent change and shares of year to year change for each networth quantile. Networth quantiles are the Bottom 50% (0 to 50th percentile), Next 40% (50th to 90th percentile), Next 5% (90th to 95th percentile), Next 4% (95th to 99th percentile) and Top 1%. Table W90-1 provides similar information for the Bottom 90%, and Next 9%.
		1989						2004						Change
		Total	Quantiles of Net Worth					Total	Quantiles of Net Worth					Total	Quantiles of Net Worth
		Total	B50	N40	N5	N4	T1	Total	B50	N40	N5	N4	T1	Total	B50	N40	N5	N4	T1
		(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)	(10)	(11)	(12)	(13)	(14)	(15)	(16)	(17)	(18)
01	NETWORTH	25,854	763	7,714	3,374	6,227	7,776	50,251	1,278	14,046	6,025	12,127	16,774	24,397	515	6,332	2,651	5,900	8,999
02	ASSET	29,417	1,598	9,549	3,727	6,574	7,969	59,108	3,423	18,351	6,763	13,147	17,425	29,692	1,826	8,802	3,036	6,574	9,455

03	FIN	9,079	311	2,541	1,238	2,425	2,564	21,098	529	5,478	2,878	5,550	6,663	12,019	217	2,937	1,640	3,125	4,099
04	LIQ	1,688	101	542	222	366	457	2,780	151	926	312	749	642	1,092	50	384	90	384	185
05	CDS	896	37	392	149	229	90	780	18	331	168	174	90	-116	-19	-62	19	-54	-1
06	SAVBND	134	9	64	25	26	10	114	11	58	18	23	5	-20	2	-6	-8	-4	-5
07	BOND	898	3	70	100	262	464	1,115	1	32	35	265	783	217	-2	-38	-65	3	319
08	STOCKS	1,385	17	219	142	434	573	3,711	21	382	375	1,045	1,888	2,326	4	163	232	611	1,315
09	NMMF	487	4	74	79	167	163	3,101	23	564	332	1,016	1,169	2,615	18	490	253	850	1,006
10	RETQLIQ	1,926	65	778	289	510	284	6,752	226	2,587	1,321	1,701	917	4,827	162	1,809	1,032	1,192	633
11	CASHLI	539	48	231	86	89	86	625	41	226	67	156	135	86	-7	-5	-19	67	49
12	OTHMA	670	3	90	79	192	307	1,684	12	300	214	355	804	1,014	9	211	135	163	496
13	OTHFIN	457	25	83	67	152	130	435	26	74	37	66	233	-21.6	1	-9	-31	-86	103

14	NFIN	20,338	1,286	7,008	2,489	4,149	5,405	38,011	2,894	12,872	3,885	7,598	10,762	17,673	1,608	5,865	1,396	3,449	5,357
15	VEHIC	1,125	288	547	107	117	65	1,945	522	968	154	187	113	820	234	421	47	70	48
16	HOUSES	9,248	900	5,148	1,186	1,403	611	19,110	2,241	9,573	2,271	3,135	1,890	9,862	1,341	4,425	1,085	1,732	1,279
17	ORESRE	1,653	43	502	330	462	316	3,758	57	828	546	1,222	1,105	2,105	14	326	216	760	789
18	NNRESRE	2,252	12	203	219	581	1,238	2,772	20	452	313	677	1,311	521	8	249	94	96	73
19	BUS	5,511	21	490	573	1,490	2,937	9,841	34	908	560	2,208	6,131	4,330	13	418	-13	718	3,194
20	OTHNFIN	549	23	118	75	96	238	585	21	143	41	168	212	36	-2	25	-34	73	-26

21	DEBT	3,564	835	1,835	354	347	194	8,858	2,145	4,305	738	1,021	650	5,295	1,310	2,470	384	674	457
22	MRTHEL	2,445	508	1,413	242	211	71	6,660	1520	3,561	591	664	325	4,215	1,012	2,148	349	453	254
23	RESDBT	276	18	90	59	69	40	751	22	192	96	271	170	475	4	102	37	202	130
24	INSTALL	594	245	258	33	36	22	971	449	381	27	44	70	377	204	123	-6	7	48
25	OTHLOC	66	5	7	8	6	41	64	7	16	1	10	30	-2	2	9	-7	4	-11
26	CCBAL	100	43	49	5	3	*	266	122	125	10	8	2	166	79	76	5	5	2
27	ODEBT	82	15	17	7	22	20.6	146	25	30	13	24	54	64	10	13	6	2	33

28	EQUITY	2,585	41	535	307	766	937	10,002	119	2,002	1,319	2,878	3,684	7,416	78	1,467	1,012	2,111	2,747
29	INCOME	5,589	1,358	2,277	499	688	767	7,930	1,887	3,174	672	1,117	1,080	2,341	529	897	173	429	313
29a	Income to Networth ratio	0.216	1.780	0.295	0.148	0.110	0.099	0.158	1.477	0.226	0.112	0.092	0.064
30	Equity:Income ratio	0.463	0.030	0.235	0.615	1.113	1.222	1.261	0.063	0.631	1.963	2.577	3.411

31	STOCKS+NMMF	1,872	21	293	221	601	736	6,813	44	946	707	2,061	3,057	4,941	22	653	486	1,460	2,321
32	STOCKS+NMMF+RETQLIQ	3,798	87	1,071	510	1,111	1,020	13,565	270	3,533	2,028	3,762	3,974	9,768	184	2,461	1,518	2,652	2,954

33	STOCKS+BUS	6,897	38	708	715	1,925	3,510	13,552	55	1,290	935	3,253	8,019	6,656	17	581	220	1,329	4,509
34	STOCKS+BUS+NMMF	7,383	43	783	794	2,091	3,673	16,654	78	1,854	1,267	4,269	9,188	9,271	35	1,072	473	2,178	5,515

35	STOCKS+BUS+NNRESRE+NMMF	9,635	54	985	1,013	2,672	4,911	19,426	98	2,306	1,580	4,947	10,499	9,791	43	1,321	567	2,275	5,588
36	STOCKS+BUS+NNRESRE+NMMF+ ORES	11,288	97	1,487	1,343	3,134	5,227	23,936	155	3,134	2,126	6,189	11,604	11,986	57	1,647	783	3,035	6,377
37	STOCKS+BUS+NNRESRE+NMMF+ ORES+OTHMA	11,958	100	1,577	1,422	3,325	5,534	24,868	166	3,434	2,340	6,523	12,407	12,910	66	1,857	918	3,198	6,873
38	STOCKS+BUS+NNRESRE+NMMF+ ORES+OTHMA+BONDS	12,856	103	1,646	1,521	3,587	5,998	25,983	167	3,466	2,374	6,788	13,190	13,127	64	1,820	853	3,201	7,192
39	STOCKS+BUS+NNRESRE+NMMF+ ORES+OTHMA+BONDS+RETQLIQ	14,781	168	2,425	1,811	4,097	6,282	32,735	393	6,053	3,696	8,489	14,107	17,954	225	3,628	1,885	4,392	7,825

40	VEHIC+HOUSES	10,373	1,188	5,696	1,292	1,521	676	21,055	2,763	10,542	2,425	3,322	2,003	10,682	1,575	4,846	1,133	1,802	1,327
41	VEHIC+HOUSES-MRTHEL-INSTALL	7,334	434	4,035	1,018	1,273	584	13,423	793	6,600	1,807	2,615	1,609	6,090	359	2,575	789	1,342	1.025
42	VEHIC+HOUSES+RETQLIQ	12,299	1,253	6,474	1,582	2,030	960	27,807	2,989	13,128	3,746	5,024	2,920	15,508	1,736	6,655	2,164	2,994	1,960
43	VEHIC+HOUSES-MRTHEL-INSTALL+RETQLIQ	9,259	499	4,803	1,307	1,783	867	20,176	1,020	9,187	3,128	4,316	2,525	10,916	521	4,384	1,821	2,544	1,658

44	HOUSES minus MRTHEL	6,803	391	3,735	944	1,192	540	12,449	720	6,013	1,680	2,471	1,565	5,647	329	2,278	736	1,279	1,025

45	NFIN other than HOUSES & VEHIC	9,965	99	1,312	1,197	2,629	4,729	16,957	132	2,331	1,460	4,275	8,759	6,991	33	1,019	263	1,647	4,030
46	FIN other than RETQLIQ	7,154	247	1,763	949	1,915	2,280	14,345	303	2,892	1,557	3,848	5,746	7,192	56	1,129	608	1,933	3,465

47	NETWORTH other than VEHIC & HOUSES minus MRTHEL minus INSTALL	18,520	329	3,690	2,356	4,953	7,192	36,827	486	7,446	4,218	9,511	15,166	18,307	156	3,756	1,862	4,558	7,974
48	NETWORTH other than RETQLIQ, VEHIC & HOUSES minus MRTHEL minus INSTALL	16,594	264	2,912	2,067	4,444	6,908	30,075	259	4,859	2,897	7,810	14,249	13,481	-5	1,948	831	3,367	7,341

49	LIQ+CDS+SAVBNDS	2,718	147	998	396	620	557	3,674	180	1,314	497	946	736	956	33	316	101	326	179
50	BOND+STOCKS+OTHMA+NMMF	3,440	27	452	399	1,054	1,507	9,614	56	1,278	956	2,680	4,644	6,172	29	826	556	1,626	3,137
51	CASHLI+OTHFIN	996	73	313	153	241	216	1,060	67	300	104	222	368	64	-6	-14	-50	-19	152

52	HOUSES+ORESRE	10,901	943	5,650	1,516	1,865	927	22,867	2,298	10,402	2,817	4,357	2,995	11,967	1,355	4,751	1,301	2,492	2,068
53	NNRESRE+BUS	7,763	33	692	792	2,071	4,175	12,614	54	1,360	873	2,885	7,442	4,850	21	667	81	814	3,267

54	MRTHEL+RESDEBT	2,721	526	1,503	301	280	110	7,511	1,543	3,753	686	935	494	4,690	1,016	2,250	386	655	384
55	INSTALL+OTHLOC+ODEBT	742	265	282	48	64	83	1,181	481	427	42	78	154	438	215	145	-6	14	71

56	"all other assets" (exc VEHIC, HOUSES & RETQLIQ)	4,263	242	1,429	624	957	1,011	5,319	268	1,757	642	1,336	1,314	1,056	26	328	18	380	303
57	"all other debts" (except MRTHEL & INSTALL	524	81	163	79	100	101	1,227	175	363	120	314	255	703	95	200	40	214	154
Source: Wealthandwant calculations from Currents and Undercurrents: Changes in the Distribution of Wealth, 1989-2004, Tables 10 and 11

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Table W50-2 Corner Percentages: Each Quantile's Share of Aggregate Networth, 1989 and 2004 Note: This table is calculated from Table W50-1. For each year, the dollars in each cell in Table W50-1 are divided by the total Networth figure in Row 01, column 1 or 7. Columns 1 and 7 provide an easy way to see the relative importance of the various asset and debt categories.
		1989						2004
		Total	Quantiles of Net Worth					Total	Quantiles of Net Worth
		Total	B50	N40	N5	N4	T1	Total	B50	N40	N5	N4	T1
		(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)	(10)	(11)	(12)
01	NETWORTH	100.0%	2.95%	29.84%	13.05%	24.08%	30.08%	100.0%	2.54%	27.95%	11.99%	24.13%	33.38%
02	ASSET	113.8%	6.18%	36.94%	14.42%	25.43%	30.82%	117.6%	6.81%	36.52%	13.46%	26.16%	34.68%

03	FIN	35.1%	1.20%	9.83%	4.79%	9.38%	9.92%	42.0%	1.05%	10.90%	5.73%	11.04%	13.26%
04	LIQ	6.5%	0.39%	2.10%	0.86%	1.41%	1.77%	5.5%	0.30%	1.84%	0.62%	1.49%	1.28%
05	CDS	3.5%	0.14%	1.52%	0.58%	0.88%	0.35%	1.6%	0.04%	0.66%	0.33%	0.35%	0.18%
06	SAVBND	0.5%	0.03%	0.25%	0.10%	0.10%	0.04%	0.2%	0.02%	0.12%	0.03%	0.04%	0.01%
07	BOND	3.5%	0.01%	0.27%	0.39%	1.01%	1.79%	2.2%	0.00%	0.06%	0.07%	0.53%	1.56%
08	STOCKS	5.4%	0.07%	0.85%	0.55%	1.68%	2.22%	7.4%	0.04%	0.76%	0.75%	2.08%	3.76%
09	NMMF	1.9%	0.02%	0.29%	0.30%	0.64%	0.63%	6.2%	0.04%	1.12%	0.66%	2.02%	2.33%
10	RETQLIQ	7.4%	0.25%	3.01%	1.12%	1.97%	1.10%	13.4%	0.45%	5.15%	2.63%	3.39%	1.82%
11	CASHLI	2.1%	0.18%	0.89%	0.33%	0.34%	0.33%	1.2%	0.08%	0.45%	0.13%	0.31%	0.27%
12	OTHMA	2.6%	0.01%	0.35%	0.30%	0.74%	1.19%	3.4%	0.02%	0.60%	0.43%	0.71%	1.60%
13	OTHFIN	1.8%	0.10%	0.32%	0.26%	0.59%	0.50%	0.9%	0.05%	0.15%	0.07%	0.13%	0.46%

14	NFIN	78.7%	4.98%	27.11%	9.63%	16.05%	20.91%	75.6%	5.76%	25.62%	7.73%	15.12%	21.42%
15	VEHIC	4.4%	1.11%	2.12%	0.41%	0.45%	0.25%	3.9%	1.04%	1.93%	0.31%	0.37%	0.23%
16	HOUSES	35.8%	3.48%	19.91%	4.59%	5.43%	2.36%	38.0%	4.46%	19.05%	4.52%	6.24%	3.76%
17	ORESRE	6.4%	0.17%	1.94%	1.28%	1.79%	1.22%	7.5%	0.11%	1.65%	1.09%	2.43%	2.20%
18	NNRESRE	8.7%	0.04%	0.78%	0.85%	2.25%	4.79%	5.5%	0.04%	0.90%	0.62%	1.35%	2.61%
19	BUS	21.3%	0.08%	1.89%	2.22%	5.76%	11.36%	19.6%	0.07%	1.81%	1.11%	4.39%	12.20%
20	OTHNFIN	2.1%	0.09%	0.46%	0.29%	0.37%	0.92%	1.2%	0.04%	0.28%	0.08%	0.33%	0.42%

21	DEBT	13.8%	3.23%	7.10%	1.37%	1.34%	0.75%	17.6%	4.27%	8.57%	1.47%	2.03%	1.29%
22	MRTHEL	9.5%	1.97%	5.47%	0.94%	0.82%	0.27%	13.3%	3.03%	7.09%	1.18%	1.32%	0.65%
23	RESDBT	1.1%	0.07%	0.35%	0.23%	0.27%	0.15%	1.5%	0.04%	0.38%	0.19%	0.54%	0.34%
24	INSTALL	2.3%	0.95%	1.00%	0.13%	0.14%	0.08%	1.9%	0.89%	0.76%	0.05%	0.09%	0.14%
25	OTHLOC	0.3%	0.02%	0.03%	0.03%	0.02%	0.16%	0.1%	0.01%	0.03%	0.00%	0.02%	0.06%
26	CCBAL	0.4%	0.17%	0.19%	0.02%	0.01%	0.00%	0.5%	0.24%	0.25%	0.02%	0.02%	0.00%
27	ODEBT	0.3%	0.06%	0.06%	0.03%	0.09%	0.08%	0.3%	0.05%	0.06%	0.03%	0.05%	0.11%

28	EQUITY	10.0%	0.16%	2.07%	1.19%	2.96%	3.63%	19.9%	0.24%	3.98%	2.63%	5.73%	7.33%
29	INCOME

31	STOCKS+NMMF	7.2%	0.08%	1.13%	0.85%	2.32%	2.85%	13.6%	0.09%	1.88%	1.41%	4.10%	6.08%
32	STOCKS+NMMF+RETQLIQ	14.7%	0.33%	4.14%	1.97%	4.30%	<