1. Before-tax family income for previous year, by selected characteristics, of families, 1989, 1992, 1995, and 1998, and percentage of families who saved, 1992, 1995 and 1998 (Thousands of 1998 dollars, except as noted) 1989 1992 1995 1998 ------------------ --------------------------- ---------------------------- --------------------------- Median Mean % of Median Mean % of f. % of Median Mean % of f % of Median Mean % of f % of fam. w sav fam. w. sav fam. w. sav fam. ------ ---- ------ ------ ---- ---- ----- ------ ------ ----- ------ ------ ------ ------ ---- All families 32.8 52.2 100.0 30.4 45.7 57.1 100.0 32.7 47.5 55.2 100.0 33.4 53.0 55.9 100.0 Income ('98$): <$10K 6.6 6.3 15.0 6.4 6.2 27.9 14.8 6.2 5.6 31.1 15.1 6.2 5.5 30.5 12.7 $10-25K 16.5 16.9 23.9 17.5 17.3 47.7 27.1 17.4 17.4 41.4 25.1 17.2 17.1 40.1 24.7 $25-50K 35.9 36.2 29.7 36.3 36.7 63.2 29.5 37.1 36.5 60.2 31.1 35.5 35.9 59.0 29.0 $50-100K 66.4 68.8 22.7 65.5 68.7 71.7 20.9 66.5 69.1 70.4 21.3 65.9 68.7 71.8 25.0 $100K+ 144.8 239.0 8.7 140.4 195.3 83.3 7.6 148.3 219.5 86.6 7.4 141.9 237.0 81.6 8.7 By age of head (years): < 35 26.6 35.5 28.1 28.1 34.6 59.1 25.8 27.3 33.3 56.4 24.8 27.4 36.1 53.0 23.3 35-44 46.5 63.2 21.5 40.9 53.2 56.9 22.8 40.3 52.0 54.3 23.0 42.6 59.9 57.3 23.3 45-54 49.2 76.9 15.1 48.0 64.6 58.9 16.2 42.5 70.5 58.0 17.9 50.7 69.5 57.8 19.2 55-64 33.6 60.7 13.9 33.9 56.6 59.3 13.2 36.0 57.4 58.0 12.5 38.5 71.4 60.9 12.8 65-74 20.6 45.5 12.6 19.9 33.1 54.0 12.6 20.7 39.9 50.0 12.0 24.3 46.4 56.3 11.2 75 + 17.6 32.5 8.9 15.2 26.6 49.4 9.4 17.4 28.2 51.7 9.8 16.2 28.9 48.6 10.2 Educ. of head Below HS 17.3 24.8 24.3 14.0 19.9 38.1 20.3 15.3 22.3 42.8 18.5 15.2 21.7 39.5 16.5 HS dipl 28.8 38.1 32.1 26.9 34.3 56.8 30.0 27.3 37.3 50.6 31.7 29.4 37.0 53.7 31.9 Some coll 37.2 51.8 15.6 31.6 42.2 59.5 17.8 32.7 43.2 54.1 19.0 35.5 50.7 56.6 18.5 College deg 53.1 92.3 28.0 51.5 74.7 68.1 31.9 49.1 76.0 68.2 30.7 54.7 85.2 65.6 33.2 Race/eth. of hd: W nonHisp 38.5 59.9 74.8 35.1 50.5 61.0 75.3 34.9 52.3 59.1 77.6 37.5 58.6 59.8 77.7 NW and Hisp 18.6 29.3 25.2 21.1 31.1 44.9 24.7 21.8 31.1 41.7 22.4 23.3 33.5 42.1 22.3 Work status of head: Working for someone else 41.1 52.3 57.0 39.8 50.0 63.2 54.8 39.3 51.6 60.4 58.3 40.5 53.5 59.8 59.2 Self employed 47.8 120.9 11.1 51.5 86.8 59.3 10.9 40.3 85.2 63.4 10.3 52.7 108.5 61.0 11.3 Retired 18.6 30.6 25.2 17.5 26.1 48.2 26.0 17.4 29.8 46.1 25.0 19.3 32.6 48.6 24.4 Oth. no wking 9.3 18.0 6.7 12.9 23.9 41.3 8.3 12.0 19.8 30.6 6.5 11.1 23.2 34.1 5.2 Region: N East 37.2 59.4 20.9 38.6 52.7 57.5 20.2 32.7 50.1 52.5 19.8 35.5 60.5 53.6 19.3 N Central 31.9 54.2 24.4 32.8 47.0 61.3 24.4 33.8 48.8 59.3 24.0 33.4 49.9 58.3 24.0 South 27.9 44.2 34.3 26.9 38.9 54.2 34.6 29.4 44.1 54.7 35.1 31.4 48.9 54.6 35.6 West 38.5 55.8 20.4 30.4 48.4 56.3 20.9 33.8 49.2 53.8 21.2 36.5 56.5 57.3 21.1 Housing status: Own 42.5 65.8 63.9 39.8 55.9 63.2 63.9 40.3 58.9 61.3 64.7 43.6 66.4 62.2 66.3 Rent 17.5 28.1 36.1 19.9 27.5 46.2 36.1 19.6 26.7 44.0 35.3 20.3 26.7 43.4 33.7 Net worth percentile: Bottom 25% 13.3 18.6 25.0 15.2 19.9 37.4 25.0 15.3 19.8 35.8 25.0 16.2 20.4 36.3 25.0 25-49.9 28.2 32.2 25.0 28.1 31.6 52.4 25.0 30.5 33.4 51.3 25.0 30.4 33.8 50.2 25.0 50-74.9 40.2 46.0 25.0 37.4 41.6 63.6 25.0 38.2 43.3 59.5 25.0 40.5 46.8 61.8 25.0 75-89.9 53.1 64.9 15.0 49.1 58.0 70.6 15.0 45.8 56.3 68.6 15.0 56.8 67.6 72.0 15.0 Top 10% 99.6 181.9 10.0 92.4 137.1 81.0 10.0 86.1 149.5 82.6 10.0 88.2 176.1 80.0 10.0 NOTE: In this and following tables, percentage distributions may not sum to 100 because of rounding. Dollars have been converted to 1998 values using the current-methods CPI for all urban consumers. Standard errors are shown in parentheses for the means and medians. In providing data on income, respondents were asked to base their answers on the calendar year preceding the interview. In providing data on saving, respondents were asked to base their answers on the year (i.e. not specifically the calendar year) preceding the interview. The 1989 survey did not ask families whether they had saved in preceding year. For details, see the article in the January 2000 Federal Reserve Bulletin. 3. Family net worth, by selected characteristics of families, 1989, 1992, 1995 and 1998 (Thousands of 1998 dollars) 1989 1992 1995 1998 --------------- --------------- ---------------- ----------------- Median Mean Median Mean Median Mean Median Mean ------ ----- ------ ----- ------ ----- ------ ----- All families 59.7 241.6 56.6 213.3 61.0 225.9 71.7 283.4 Income ('98$) <$10K 1.9 30.5 2.9 32.1 4.8 46.5 3.9 44.2 $10-25K 23.0 74.5 27.1 70.0 30.9 79.3 24.6 84.9 $25-50K 58.2 135.5 55.3 131.7 56.9 124.5 60.8 135.6 $50-100K 131.4 249.0 129.9 245.5 125.8 256.4 151.3 274.1 $100K+ 561.3 1405.7 483.0 1301.9 511.4 1426.7 511.1 1722.5 By age of head (years): < 35 10.0 64.5 10.4 53.2 12.7 47.5 9.0 69.2 35-44 71.9 191.6 50.8 152.7 54.7 153.2 63.5 196.0 45-54 125.7 356.3 89.4 304.5 98.5 317.2 105.5 362.7 55-64 124.6 391.4 129.9 386.5 122.6 403.8 127.9 531.3 65-74 97.9 372.3 112.2 327.9 117.9 370.8 146.5 465.6 75 + 92.2 309.2 99.2 244.5 98.8 275.7 125.8 309.8 Educ. of head: Below HS 30.7 106.0 21.3 80.1 24.1 89.2 20.9 79.1 HS dipl 46.9 143.2 43.8 127.8 54.8 141.7 53.9 157.7 Some coll 58.6 238.0 66.0 196.8 50.3 201.6 74.1 238.8 College deg 143.9 474.3 112.5 388.0 111.0 410.4 146.3 530.3 Race/eth. of hd: W nonHisp 90.8 295.0 79.6 254.1 81.4 267.3 94.8 335.5 NW and Hisp 8.5 83.1 13.7 88.8 16.4 82.4 16.4 101.6 Work status of head: Working for someone else 48.7 146.8 44.9 140.1 52.0 145.8 52.2 169.9 Self employed 213.8 842.1 167.8 684.0 165.8 747.1 248.4 918.1 Retired 84.7 238.3 80.7 214.0 86.2 240.2 113.1 302.6 Oth. not wking 1.0 62.0 4.3 72.2 3.9 63.0 3.6 110.1 Region: N East 111.2 282.9 73.2 242.8 88.1 264.1 94.4 319.5 N Central 67.1 241.4 65.3 196.7 68.7 209.4 80.7 261.5 South 44.9 168.7 39.4 162.7 46.6 198.7 61.4 253.7 West 59.0 322.0 81.4 287.8 58.3 253.9 60.9 325.5 Housing status: Own 127.7 347.2 112.9 308.1 110.3 322.9 132.1 404.8 Rent 2.5 54.9 3.7 45.2 5.1 48.0 4.2 45.0 NOTE. See note to table 1.