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Statistical Brief: What We’re Worth — Asset Ownership of Households: 1993

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Statistical Brief: What We’re Worth — Asset Ownership of Households: 1993

Report Number SB/95-26

Net worth remains stable.

Statistical Brief: What We’re Worth — Asset Ownership of Households: 1993
Download What We’re Worth — Asset Ownership of Households: 1993 [PDF - <1.0 MB]

Your net worth, or wealth, is the amount of your financial resources, equaling the value of your assets minus any debts. The median American household had a net worth of $37,587 in 1993, statistically unchanged from the 1991 figure of $38,500 (1993 dollars)1.

There were declines in the median values of interest-earning assets at financial institutions, other interest-earning assets, rental property, motor vehicles, and businesses and professions. These declines were offset by gains in the values of stocks and mutual fund shares, home equity, and U.S. savings bonds.

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1 The analysis does not cover equity in pension plans, the cash surrender of life insurance policies, or the value of jewelry and home furnishings.

Additional Information

Publication
Asset Ownership of Households: 1993
September 1995
This report presents data on the assets and liabilities held by U.S. households in 1993.

Others in Series

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The Nation’s Hispanic Population — 1994
September 1995
This brief explores the Hispanic population, how their situation has changed, and how their condition compares with the non-Hispanic population.
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La Población Hispana de los Estados Unidos — 1994
September 1995
Este informe explora la población hispana, cómo ha cambiado su situación y cómo se compara su condición con la población no hispana.
Publication
Getting a Helping Hand — Long-Term Participants in Assistance Programs
November 1995
This brief explores how many Americans take part in major means-tested government assistance programs and how long that participation lasts.
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