Table 2.
Descriptive Statistics for White and Black Households, 2013 to 2015.
| White |
Black |
|||
|---|---|---|---|---|
| Variable | M | SD | M | SD |
| Income level | ||||
| Low | 0.296 | 0.505 | ||
| Middle | 0.322 | 0.328 | ||
| Top | 0.382 | 0.167 | ||
| Demographics | ||||
| Married | 0.274 | 0.094 | ||
| Married with children | 0.235 | 0.134 | ||
| Single parent | 0.037 | 0.132 | ||
| Single | 0.332 | 0.412 | ||
| Other household | 0.123 | 0.227 | ||
| Number of adults | 1.881 | 0.922 | 1.769 | 0.986 |
| Number of children | 0.425 | 0.905 | 0.523 | 0.970 |
| >64 years old | 0.323 | 0.246 | ||
| Age (years) | 53.73 | 17.24 | 50.475 | 16.20 |
| Socioeconomics | ||||
| Income | 72,606 | 70,359 | 41,390 | 42,395 |
| Number of earners | 1.21 | 1.008 | 1.002 | 0.914 |
| No high school | 0.001 | 0.002 | ||
| High school | 0.323 | 0.478 | ||
| Some college | 0.301 | 0.315 | ||
| Bachelor’s degree | 0.221 | 0.122 | ||
| Graduate degree | 0.155 | 0.082 | ||
| Management, professional | 0.325 | 0.192 | ||
| Administrative support, sales | 0.169 | 0.166 | ||
| Service | 0.108 | 0.185 | ||
| Operator, assembler | 0.107 | 0.104 | ||
| Precision production and craft | 0.012 | 0.008 | ||
| Not employed | 0.279 | 0.345 | ||
| Housing and wealth | ||||
| Assets (median) | 801.79 | 0 | ||
| Assets (mean) | 148,951 | 627,912 | 15,594 | 79,760 |
| Own (with mortgage) | 0.425 | 0.287 | ||
| Own (no mortgage) | 0.324 | 0.183 | ||
| Rent | 0.241 | 0.511 | ||
| Other | 0.010 | 0.019 | ||
| Number of rooms and bathrooms | 7.971 | 2.735 | 6.91 | 2.438 |
| Geography | ||||
| Urban | 0.923 | 0.989 | ||
| ≥4 million | 0.301 | 0.383 | ||
| 1.2 million to 4 million | 0.244 | 0.236 | ||
| 0.33 million to 1.19 million | 0.058 | 0.098 | ||
| 125,000 to 329,000 | 0.266 | 0.169 | ||
| <125,000 | 0.131 | 0.113 | ||
| Northeast | 0.189 | 0.157 | ||
| Midwest | 0.264 | 0.149 | ||
| South | 0.343 | 0.62 | ||
| West | 0.205 | 0.073 | ||
| n | 22,747 | 3,907 | ||