Table 1. Net Worth Distribution, 2003–2011.
PSID | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| |||||||||||||
2003 | 2005 | 2007 | 2009 | 2011 | Absolute Change | ||||||||
| |||||||||||||
'03-'07 | '07–'11 | '03–'11 | |||||||||||
Net worth | |||||||||||||
Mean | 325,627 | 363,709 | 409,024 | 397,032 | 233,575 | 83,397 | −175,449 | −92,052 | |||||
5th percentile | −9,413 | −10,136 | −13,019 | −26,737 | −38,800 | −3,606 | −25,781 | −29,387 | |||||
25th | 9,780 | 8,869 | 6,726 | 2,630 | 1,500 | −3,054 | −5,226 | −8,280 | |||||
50th | 84,964 | 92,721 | 95,471 | 68,365 | 47,000 | 10,507 | −48,471 | −37,964 | |||||
75th | 291,821 | 339,781 | 355,305 | 292,007 | 244,000 | 63,484 | −111,305 | −47,821 | |||||
95th | 1,151,595 | 1,427,080 | 1,573,105 | 1,371,438 | 1,147,000 | 421,510 | −426,105 | −4,595 | |||||
Net worth excluding home equity & real estate | |||||||||||||
Mean | 191,429 | 198,904 | 225,896 | 195,091 | 134,297 | 34,467 | −91,599 | −57,132 | |||||
5th percentile | −16,993 | −18,429 | −21,698 | −27,156 | −32,400 | −4,705 | −10,702 | −15,407 | |||||
25th | 2,262 | 1,728 | 1,085 | 577 | 25 | −1,177 | −1,060 | −2,237 | |||||
50th | 24,450 | 23,036 | 22,240 | 18,873 | 14,000 | −2,210 | −8,240 | −10,450 | |||||
75th | 122,250 | 126,698 | 134,528 | 115,335 | 95,000 | 12,278 | −39,528 | −27,250 | |||||
95th | 715,163 | 830,448 | 935,604 | 828,315 | 795,500 | 220,441 | −140,104 | 80,338 | |||||
Observations | 7,822 | 8,002 | 8,289 | 8,690 | 8,187 |
SCF | ||||||||
---|---|---|---|---|---|---|---|---|
| ||||||||
2004 | 2007 | 2010 | Absolute Change | |||||
| ||||||||
'04−'07 | '07−'10 | '04−'10 | ||||||
Net worth | ||||||||
Mean | 533,133 | 594,324 | 509,763 | 61,191 | −84,561 | −23,370 | ||
5th percentile | −3,249 | −4,922 | −15,862 | −1,673 | −10,940 | −12,613 | ||
25th | 15,708 | 15,087 | 8,570 | −621 | −6,517 | −7,138 | ||
50th | 110,671 | 128,860 | 79,310 | 18,189 | −49,550 | −31,361 | ||
75th | 328,830 | 398,361 | 309,309 | 69,531 | −89,052 | −19,521 | ||
95th | 1,701,105 | 2,022,300 | 1,919,714 | 321,195 | −102,586 | 218,609 | ||
Observations | 4,519 | 4,418 | 6,482 |