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. Author manuscript; available in PMC: 2021 Nov 2.
Published in final edited form as: Socius. 2020 Jun 1;6:10.1177/2378023120916616. doi: 10.1177/2378023120916616

Table 3.

Description of Assets and Debts for Child Households, by Race and Ethnicity, Select Years.

Asset to Debt Ratio Assets Debt
Any Amount Home Ownership Any Amount Education
Owns home Equitya Any Amountb
White 2004 1.90 .97 254,102 .78 85,209 .92 133,537 .19 13,990
2010 1.71 .98 221,397 .76 56,372 .90 129,766 .29 13,817
2016 1.91 .99 230,190 .73 80,000 .91 120,400 .33 17,000
Black 2004 .75 .87 32,456 .48 40,697 .74 43,241 .19 9,538
2010 .50 .88 19,896 .44 38,687 .74 39,792 .36 13,817
2016 .26 .97 10,250 .38 42,000 .80 39,000 .43 20,000
Hispanic 2004 .60 .85 32,685 .50 64,861 .75 54,687 .06 6,359
2010 .85 .90 28,042 .50 40,897 .75 33,160 .14 8,953
2016 1.15 .98 40,000 .47 54,000 .78 34,800 .19 16,000

Note: Amounts represent medians. Estimates are weighted.

a.

Among households that own the home.

b.

For households with education (or credit card) debt.