Table 5.

Change in determinants and components of wealth, 1989–2013

	Income	Assets	Debt	Homeownership	Home Equity
A. All Child and Elderly Households
Child
1989	56,567	114,781	29,915	64.4	72,303
2013	55,799	129,720	50,300	62.7	52,000
% Change 1989–2013	−1.4	13.0	68.1	−2.6	−28.1
Elderly
1989	28,283	137,195	0	75.0	99,416
2013	36,523	240,500	900	83.1	127,000
% Change 1989–2013	29.1	75.3	—	10.8	27.7
B. Child and Elderly Households in the Bottom 50 % of Wealth Distribution
Child
1989	39,597	21,149	12,291	44.9	30,729
2013	37,538	15,500	18,000	44.7	18,000
% Change 1989–2013	−5.2	−26.7	46.4	−0.5	−41.4
Elderly
1989	13,199	5,423	0	36.5	25,306
2013	18,262	15,080	1,650	46.2	27,200
% Change 1989–2013	38.4	178.1	—	26.4	7.5
C. Child Households, Bottom 50 % and Top 1 %
Bottom 50 %
1989	37,711	21,149	12,291	44.9	30,729
2013	32,465	15,500	18,000	44.7	18,000
% Change 1989–2013	−13.9	−26.7	46.4	−0.5	−41.4
Top 1 %
1989	688,227	13,000,000	607,344	91.5	903,786
2013	828,872	17,000,000	375,000	98.6	1,025,000
% Change 1989–2013	20.4	30.8	−38.3	7.7	13.4

Notes: Dollar amounts are in constant 2013 dollars. All estimates are weighted.