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. Author manuscript; available in PMC: 2014 Nov 1.
Published in final edited form as: Ann Am Acad Pol Soc Sci. 2013 Nov;650(1):98–123. doi: 10.1177/0002716213497452

Table 5. Distribution of Change in Net Worth, 2007 to 2011, PSID.

% Cumulative %
Absolute change (N = 5,839)
 Lost ≥ $250k 12.2 12.2
 Lost $50k–$250k 21.2 33.3
 Lost $10k–$50k 14.0 47.3
 Lost less than $10k 10.8 58.1
 No change 1.8 59.8
 Gained <$10k 10.1 70.0
 Gained $10k–$50k 13.1 83.1
 Gained $50k–$250k 11.6 94.7
 Gained ≥ $250k 5.3 100.0
Fell into debt (N = 5,839)
 No 90.9 90.9
 Yes 9.1 100.0
Percentage change (N = 4,676)a
 Lost 75–100% 25.1 25.1
 Lost 50–74% 11.2 36.3
 Lost 25–49% 15.1 51.4
 Lost <25% 13.0 64.4
 Gained <25% 9.2 73.6
 Gained 25–99% 11.7 85.3
 Gained ≥ 100% 14.7 100.0
Median loss
 Among all with net worth in 2007 = $16,367
 Among those having lost net worth = $70,348
a

Among those holding positive net worth in 2007.