Wealthandwant Tables: Wealth 90-9-1

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Wealth Tables 90-9-1

Quantiles: Networth Distribution: Bottom 90%, 90th to 99th and Top 1% (90-9-1)
Comparison: 2004 vs 1989
Source: Currents and Undercurrents: Changes in the Distribution of Wealth, 1989–2004, by Arthur B. Kennickell, Federal Reserve Board, January, 2006.
For more detailed quantiles, see parallel tables at Wealth Tables 50-40-5-4-1
Definitions of Assets: Click on the link in the table, or here.

Guided tour

Tables:
Table W90-1 Dollar Holdings and change, by Networth Quantile — 1989 and 2004
Table W90-2 Corner Percentages: Each Quantile's Share of Aggregate Networth, 1989 and 2004
Table W90-3 Wealth Shares and Percent Change by Networth Quantile — 1989 and 2004
Table W90-4: Dollar Change, Percent Chg and Shares of Dollar Change, by Networth Quantile
Table W90-5 Ownership Rates, by Networth Quantile - nonadditive - 1989, 2004 and Point Change
Table W90-6 Ownership Rates by Networth Quantile - additive - 1989 and 2004
Table W90-7 Holdings per 1% who hold, by Networth Quantile — 1989 and 2004
Table W90-8 Holdings per 1% who hold - Change and Percent Change, by Networth Quantile, 1989 and 2004
Table W90-9 Changes in Ownership and Holdings per 1% who hold, 1989-2004, by Networth Quantile

Table W90-1 Dollar Holdings and change, by Networth Quantile — 1989 and 2004 comments Note: Table W90-4 shows the percent change and shares of year to year change for each networth quantile. Networth quantiles are the the Bottom 90%, Next 9% and Top 1%. Table W50-1 provides similar information for the Bottom 50% (0 to 50th percentile), Next 40% (50th to 90th percentile), Next 5% (90th to 95th percentile) and Next 4% (95th to 99th percentile).
		1989				2004				Change
		Total	Quantiles of Net Worth			Total	Quantiles of Net Worth			Total	Quantiles of Net Worth
		Total	B90	N9	T1	Total	B90	N9	T1	Total	B90	N9	T1
		(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)	(10)	(11)	(12)
01	NETWORTH	25,854	8,478	9,600	7,776	50,251	15,325	18,152	16,774	24,397	6,847	8,551	8,999
02	ASSET	29,417	11,147	10,301	7,969	59,108	21,774	19,910	17,425	29,692	10,627	9,609	9,455

03	FIN	9,079	2,853	3,663	2,564	21,098	6,008	8,428	6,663	12,019	3,155	4,765	4,099
04	LIQ	1,688	643	588	457	2,780	1,077	1,061	642	1,092	434	473	185
05	CDS	896	429	377	90	780	349	342	90	-116	-80	-35	-1
06	SAVBND	134	73	52	10	114	69	40	5	-20	-4	-11	-5
07	BOND	898	73	361	464	1,115	33	299	783	217	-40	-62	319
08	STOCKS	1,385	236	577	573	3,711	403	1,420	1,888	2,326	167	844	1,315
09	NMMF	487	79	245	163	3,101	587	1,348	1,169	2,615	508	1,103	1,006
10	RETQLIQ	1,926	843	799	284	6,752	2,813	3,023	917	4,827	1,970	2,223	633
11	CASHLI	539	278	175	86	625	267	223	135	86	-11	48	49
12	OTHMA	670	92	270	307	1,684	312	568	804	1,014	219	298	496
13	OTHFIN	457	108	219	130	435	99	103	233	-21.6	-9	-117	103

14	NFIN	20,338	8,294	6,638	5,405	38,011	15,767	11,483	10,762	17,673	7,472	4,845	5,357
15	VEHIC	1,125	836	224	65	1,945	1,490	342	113	820	655	118	48
16	HOUSES	9,248	6,048	2,589	611	19,110	11,814	5,406	1,890	9,862	5,766	2,817	1,279
17	ORESRE	1,653	545	792	316	3,758	885	1,768	1,105	2,105	340	976	789
18	NNRESRE	2,252	214	800	1,238	2,772	471	990	1,311	521	257	190	73
19	BUS	5,511	511	2,063	2,937	9,841	942	2,768	6,131	4,330	431	705	3,194
20	OTHNFIN	549	140	170	238	585	164	209	212	36	24	39	-26

21	DEBT	3,564	2,669	701	194	8,858	6,450	1,758	650	5,295	3,780	1,058	457
22	MRTHEL	2,445	1,921	453	71	6,660	5,081	1,255	325	4,215	3,160	802	254
23	RESDBT	276	108	128	40	751	215	367	170	475	106	239	130
24	INSTALL	594	504	69	22	971	830	71	70	377	327	2	48
25	OTHLOC	66	12	13	41	64	23	11	30	-2	11	-2	-11
26	CCBAL	100	92	8	*	266	246	18	2	166	154	10	2
27	ODEBT	82	32	30	20.6	146	54	38	54	64	22	8	33

28	EQUITY	2,585	575	1,073	937	10,002	2,121	4,197	3,684	7,416	1,545	3,124	2,747
29	INCOME	5,589	3,636	1,187	767	7,930	5,062	1,789	1,080	2,341	1,426	602	313

31	STOCKS+NMMF	1,872	314	822	736	6,813	990	2,768	3,057	4,941	676	1,946	2,321
32	STOCKS+NMMF+RETQLIQ	3,798	1,157	1,621	1,020	13,565	3,803	5,791	3,974	9,768	2,646	4,170	2,954

33	STOCKS+BUS	6,897	747	2,640	3,510	13,552	1,345	4,188	8,019	6,656	598	1,549	4,509
34	STOCKS+BUS+NMMF	7,383	825	2,885	3,673	16,654	1,932	5,536	9,188	9,271	1,107	2,651	5,515

35	STOCKS+BUS+NNRESRE+NMMF	9,635	1,040	3,685	4,911	19,426	2,403	6,526	10,499	9,791	1,364	2,842	5,588
36	STOCKS+BUS+NNRESRE+NMMF+ ORES	11,288	1,585	4,477	5,227	23,936	3,288	8,294	11,604	11,986	1,704	3,818	6,377
37	STOCKS+BUS+NNRESRE+NMMF+ ORES+OTHMA	11,958	1,677	4,747	5,534	24,868	3,600	8,863	12,407	12,910	1,923	4,116	6,873
38	STOCKS+BUS+NNRESRE+NMMF+ ORES+OTHMA+BONDS	12,856	1,749	5,108	5,998	25,983	3,633	9,162	13,190	13,127	1,883	4,054	7,192
39	STOCKS+BUS+NNRESRE+NMMF+ ORES+OTHMA+BONDS+RETQLIQ	14,781	2,592	5,907	6,282	32,735	6,446	12,184	14,107	17,954	3,854	6,277	7,825

40	VEHIC+HOUSES	10,373	6,884	2,813	676	21,055	13,304	5,747	2,003	10,682	6,421	2,935	1,327
41	VEHIC+HOUSES-MRTHEL-INSTALL	7,334	4,459	2,291	584	13,423	7,393	4,422	1,609	6,090	2,934	2,131	1.025
42	VEHIC+HOUSES+RETQLIQ	12,299	7,726	3,612	960	27,807	16,117	8,770	2,920	15,508	8,391	5,158	1,960
43	VEHIC+HOUSES-MRTHEL-INSTALL+RETQLIQ	9,259	5,302	3,090	867	20,176	10,206	7,445	2,525	10,916	4,905	4,354	1,658

44	HOUSES minus MRTHEL	6,803	4,127	2,136	540	12,449	6,733	4,151	1,565	5,647	2,606	2,015	1,025

45	NFIN other than HOUSES & VEHIC	9,965	1,411	3,825	4,729	16,957	2,463	5,735	8,759	6,991	1,052	1,910	4,030
46	FIN other than RETQLIQ	7,154	2010	2,864	2,280	14,345	3,194	5,405	5,746	7,192	1,185	2,541	3,465

47	NETWORTH other than VEHIC & HOUSES minus MRTHEL minus INSTALL	18,520	4,019	7,309	7,192	36,827	7,932	13,730	15,166	18,307	3,913	6,421	7,974
48	NETWORTH other than RETQLIQ, VEHIC & HOUSES minus MRTHEL minus INSTALL	16,594	3,176	6,510	6,908	30,075	5,119	10,707	14,249	13,481	1,942	4,197	7,341

49	LIQ+CDS+SAVBNDS	2,718	1,145	1,016	557	3,674	1,494	1,444	736	956	350	427	179
50	BOND+STOCKS+OTHMA+NMMF	3,440	479	1,453	1,507	9,614	1,334	3,636	4,644	6,172	855	2,183	3,137
51	CASHLI+OTHFIN	996	386	394	216	1,060	366	326	368	64	-20	-69	152

52	HOUSES+ORESRE	10,901	6,593	3,381	927	22,867	12,699	7,174	2,995	11,967	6,106	3,793	2,068
53	NNRESRE+BUS	7,763	725	2,863	4,175	12,614	1,414	3,758	7,442	4,850	688	895	3,267

54	MRTHEL+RESDEBT	2,721	2,030	581	110	7,511	5,296	1,621	494	4,690	3,266	1,040	384
55	INSTALL+OTHLOC+ODEBT	742	548	112	83	1,181	908	119	154	438	360	7	71

56	"all other assets" (exc lines 37 and 41)	4,263	1,671	1,581	1,011	5,319	2,024	1,978	1,314	1,056	353	398	303
57	"all other debts" (except MRTHEL & INSTALL	524	244	179	101	1,227	538	433	255	703	294	254	154
Source: Wealthandwant calculations from Currents and Undercurrents: Changes in the Distribution of Wealth, 1989-2004, Tables 10 and 11

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Table W90-2 Corner Percentages: Each Quantile's Share of Aggregate Networth, 1989 and 2004 comments Note: This table is calculated from Table W90-1. For each year, the dollars in each cell in Table W90-1 are divided by the total Networth figure in Row 01, column 1 or 5. Columns 1 and 5 provide an easy way to see the relative importance of the various asset and debt categories.
		1989				2004
		Total	Quantiles of Net Worth			Total	Quantiles of Net Worth
		Total	B90	N9	T1	Total	B90	N9	T1
		(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)
01	NETWORTH	100.0%	32.79%	37.13%	30.08%	100.0%	30.50%	36.12%	33.38%
02	ASSET	113.8%	43.12%	39.84%	30.82%	117.6%	43.33%	39.62%	34.68%

03	FIN	35.1%	11.03%	14.17%	9.92%	42.0%	11.96%	16.77%	13.26%
04	LIQ	6.5%	2.49%	2.27%	1.77%	5.5%	2.14%	2.11%	1.28%
05	CDS	3.5%	1.66%	1.46%	0.35%	1.6%	0.69%	0.68%	0.18%
06	SAVBND	0.5%	0.28%	0.20%	0.04%	0.2%	0.14%	0.08%	0.01%
07	BOND	3.5%	0.28%	1.40%	1.79%	2.2%	0.06%	0.60%	1.56%
08	STOCKS	5.4%	0.91%	2.23%	2.22%	7.4%	0.80%	2.83%	3.76%
09	NMMF	1.9%	0.30%	0.95%	0.63%	6.2%	1.17%	2.68%	2.33%
10	RETQLIQ	7.4%	3.26%	3.09%	1.10%	13.4%	5.60%	6.01%	1.82%
11	CASHLI	2.1%	1.08%	0.68%	0.33%	1.2%	0.53%	0.44%	0.27%
12	OTHMA	2.6%	0.36%	1.05%	1.19%	3.4%	0.62%	1.13%	1.60%
13	OTHFIN	1.8%	0.42%	0.85%	0.50%	0.9%	0.20%	0.20%	0.46%

14	NFIN	78.7%	32.08%	25.68%	20.91%	75.6%	31.38%	22.85%	21.42%
15	VEHIC	4.4%	3.23%	0.87%	0.25%	3.9%	2.97%	0.68%	0.23%
16	HOUSES	35.8%	23.39%	10.01%	2.36%	38.0%	23.51%	10.76%	3.76%
17	ORESRE	6.4%	2.11%	3.06%	1.22%	7.5%	1.76%	3.52%	2.20%
18	NNRESRE	8.7%	0.83%	3.09%	4.79%	5.5%	0.94%	1.97%	2.61%
19	BUS	21.3%	1.98%	7.98%	11.36%	19.6%	1.88%	5.51%	12.20%
20	OTHNFIN	2.1%	0.54%	0.66%	0.92%	1.2%	0.33%	0.42%	0.42%

21	DEBT	13.8%	10.32%	2.71%	0.75%	17.6%	12.83%	3.50%	1.29%
22	MRTHEL	9.5%	7.43%	1.75%	0.27%	13.3%	10.11%	2.50%	0.65%
23	RESDBT	1.1%	0.42%	0.50%	0.15%	1.5%	0.43%	0.73%	0.34%
24	INSTALL	2.3%	1.95%	0.27%	0.08%	1.9%	1.65%	0,14%	0.14%
25	OTHLOC	0.3%	0.05%	0.05%	0.16%	0.1%	0.05%	0.02%	0.06%
26	CCBAL	0.4%	0.36%	0.03%	0.00%	0.5%	0.49%	0.04%	0.00%
27	ODEBT	0.3%	0.12%	0.11%	0.08%	0.3%	0.11%	0.07%	0.11%

28	EQUITY	10.0%	2.22%	4.15%	3.63%	19.9%	4.22%	8.35%	7.33%

31	STOCKS+NMMF	7.2%	1.22%	3.18%	2.85%	13.6%	1.97%	5.51%	6.08%
32	STOCKS+NMMF+RETQLIQ	14.7%	4.48%	6.27%	3.94%	27.0%	7.57%	11.52%	7.91%

33	STOCKS+BUS	26.7%	2.89%	10.21%	13.58%	27.0%	2.68%	8.33%	15.96%
34	STOCKS+BUS+NMMF	28.6%	3.19%	11.16%	14.21%	33.1%	3.84%	11.02%	18.28%

35	STOCKS+BUS+NNRESRE+NMMF	37.3%	4.02%	14.25%	18.99%	38.7%	4.78%	12.99%	20.89%
36	STOCKS+BUS+NNRESRE+NMMF+ ORES	43.7%	6.13%	17.31%	20.22%	46.1%	6.54%	16.51%	23.09%
37	STOCKS+BUS+NNRESRE+NMMF+ ORES+OTHMA	46.3%	6.49%	18.36%	21.41%	49.5%	7.16%	17.64%	24.69%
38	STOCKS+BUS+NNRESRE+NMMF+ ORES+OTHMA+BONDS	49.7%	6.77%	19.76%	23.20%	51.7%	7.23%	18.23%	26.25%
39	STOCKS+BUS+NNRESRE+NMMF+ ORES+OTHMA+BONDS+RETQLIQ	57.2%	10.03%	22.85%	24.30%	65.14%	12.83%	24.25%	28.07%

40	VEHIC+HOUSES	40.1%	26.62%	10.88%	2.62%	41.9%	26.48%	11.44%	3.99%
41	VEHIC+HOUSES-MRTHEL-INSTALL	28.4%	17.25%	8.86%	2.26%	26.7%	14.71%	8.80^	3.20%
42	VEHIC+HOUSES+RETQLIQ	47.6%	29.89%	13.97%	3.71%	55.3%	32.07%	17.45%	5.81%
43	VEHIC+HOUSES-MRTHEL-INSTALL+RETQLIQ	35.8%	20.51%	11.95%	3.35%	40.1%	20.31%	14.81%	5.03%

44	HOUSES minus MRTHEL	26.3%	15.96%	8.26%	2.09%	24.8%	13.40%	8.26%	3.12%

45	NFIN other than HOUSES & VEHIC	38.5%	5.46%	14.80%	18.29%	33.7%	4.90%	11.41%	17.43%
46	FIN other than RETQLIQ	27.7%	7.77%	11.08%	8.82%	28.5%	6.36%	10.76%	11.43%

47	NETWORTH other than VEHIC & HOUSES minus MRTHEL minus INSTALL	71.6%	15.55%	28.27%	27.82%	73.3%	15.78%	27.32%	30.18%
48	NETWORTH other than RETQLIQ, VEHIC & HOUSES minus MRTHEL minus INSTALL	64.2%	12.29%	25.18%	26.72%	59.9%	10.19%	21.31%	28.36%

49	LIQ+CDS+SAVBNDS	10.5%	4.43%	3.93%	2.15%	7.3%	2.97%	2.87%	1.46%
50	BOND+STOCKS+OTHMA+NMMF	13.3%	1.85%	5.62%	5.83%	19.1%	2.65%	7.24%	9.24%
51	CASHLI+OTHFIN	3.9%	1.49%	1.52%	0.84%	2.1%	0.73%	0.65%	0.73%

52	HOUSES+ORESRE	42.2%	25.50%	13.08%	3.59%	45.5%	25.27%	14.28%	5.96%
53	NNRESRE+BUS	30.0%	2.81%	11.07%	16.15%	25.1%	2.81%	7.48%	14.81%

54	MRTHEL+RESDEBT	10.5%	7.85%	2.25%	0.43%	14.7%	10.54%	3.23%	0.98%
55	INSTALL+OTHLOC+ODEBT	2.9%	2.12%	0.43%	0.32%	2.3%	1.81%	0.24%	0.31%

56	"all other assets" (exc VEHIC, HOUSES & RETQLIQ)	16.5%	6.46%	6.11%	3.91%	10.6%	4.03%	3.94%	2.62%
57	"all other debts" (except MRTHEL & INSTALL	2.0%	0.94%	0.69%	0.39%	2.4%	1.07%	0.86%	0.51%
Source: Wealthandwant calculations from Currents and Undercurrents: Changes in the Distribution of Wealth, 1989-2004, Tables 10 and 11

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Table W90-3 Wealth Shares and Percent Change by Networth Quantile — 1989 and 2004 comments
		1989				2004				Percentage point change
		Total	Quantiles of Net Worth			Total	Quantiles of Net Worth			Total	Quantiles of Net Worth
		Total	B90	N9	T1	Total	B90	N9	T1	Total	B90	N9	T1
		(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)	(10)	(11)	(12)
01	NETWORTH	100.0	32.8	37.1	30.1	100.0	30.5	36.1	33.4	0	-2.3	-1.0	+3.3
02	ASSET	100.0	37.9	35.0	27.1	100.0	36.8	33.7	29.5	0	-1.1	-1.3	+2.4

03	FIN	100.0	31.4	40.3	28.3	100.0	28.5	39.9	31.6	0	-2.9	-0.4	+3.3
04	LIQ	100.0	38.1	34.8	26.9	100.0	38.7	38.2	23.1	0	+0.6	+3.3	-3.8
05	CDS	100.0	47.8	42.1	10.2	100.0	44.7	43.8	11.5	0	-3.2	+1.8	+1.3
06	SAVBND	100.0	54.4	38.4	7.3	100.0	60.9	35.3	4.0	0	+6.5	-3.2	-3.3
07	BOND	100.0	8.1	40.2	51.8	100.0	2.9	26.8	70.2	0	-5.2	-13.4	+18.4
08	STOCKS	100.0	17.0	41.6	41.3	100.0	10.9	38.3	50.9	0	-6.2	-3.3	+9.6
09	NMMF	100.0	16.1	50.4	33.5	100.0	18.9	43.5	37.6	0	+2.8	-6.9	+4.1
10	RETQLIQ	100.0	43.8	41.5	14.8	100.0	41.7	44.8	13.6	0	-2.1	+3.3	-1.2
11	CASHLI	100.0	51.6	32.4	15.9	100.0	42.7	35.7	21.6	0	-8.9	+3.2	+5.7
12	OTHMA	100.0	13.8	40.4	45.5	100.0	18.5	33.8	47.8	0	+4.7	-6.6	+2.3
13	OTHFIN	100.0	23.6	48.0	28.0	100.0	22.8	23.6	53.5	0	-0.8	-24.4	+25.5

14	NFIN	100.0	40.8	32.6	26.6	100.0	41.5	30.2	28.3	0	+0.7	-2.4	+1.7
15	VEHIC	100.0	74.3	19.9	5.8	100.0	76.6	17.6	5.8	0	+2.4	-2.3	nc
16	HOUSES	100.0	65.4	28.0	6.6	100.0	61.8	28.3	9.9	0	-3.6	+0.3	+3.3
17	ORESRE	100.0	33.0	47.9	19.2	100.0	23.6	47.0	29.4	0	-9.4	-0.9	+10.2
18	NNRESRE	100.0	9.5	35.5	55.1	100.0	17.0	35.7	47.3	0	+7.5	+0.2	-7.8
19	BUS	100.0	9.3	37.4	53.5	100.0	9.6	28.1	62.3	0	+0.3	-9.3	+8.8
20	OTHNFIN	100.0	25.6	31.0	43.4	100.0	28.0	35.8	36.2	0	+2.4	+4.7	-7.2

21	DEBT	100.0	74.9	19.7	5.4	100.0	72.8	19.9	7.3	0	-2.1	+0.2	+1.9
22	MRTHEL	100.0	78.6	18.5	2.9	100.0	76.3	18.8	4.9	0	-2.3	+0.3	+2.0
23	RESDBT	100.0	39.2	46.4	14.4	100.0	28.6	48.8	22.5	0	-10.6	+2.4	+8.1
24	INSTALL	100.0	84.7	11.6	3.7	100.0	85.5	7.3	7.2	0	+0.8	-4.3	+3.5
25	OTHLOC	100.0	18.2	20.3	61.3	100.0	36.2	17.2	46.9	0	+18.0	-3.2	-14.4
26	CCBAL	100.0	91.9	7.	0.3	100.0	92.6	6.7	0.7	0	+0.6	-1.2	+0.4
27	ODEBT	100.0	38.9	36.1	25.0	100.0	37.3	25.7	37.0	0	-1.6	-10.4	+12.0

28	EQUITY	100.0	22.2	41.5	36.2	100.0	21.2	42.0	36.8	0	-1.0	+0.5	+0.6
29	INCOME	100.0	65.0	21.2	13.7	100.0	63.8	22.6	13.6	0	-1.2	+1.3	-0.1

31	STOCKS+NMMF	100.0	16.8	43.9	39.3	100.0	14.5	40.6	44.9	0	-2.3	-3.3	+5.5
32	STOCKS+NMMF+RETQLIQ	100.0	30.5	42.7	26.9	100.0	28.0	42.7	29.3	0	-2.4	0.0	+2.4

33	STOCKS+BUS	100.0	10.8	38.3	50.9	100.0	9.9	30.9	59.2	0	-0.9	-7.4	+8.4
34	STOCKS+BUS+NMMF	100.0	11.2	39.1	49.7	100.0	11.6	33.2	55.2	0	+0.4	-5.8	+5.5

35	STOCKS+BUS+NNRESRE+NMMF	100.0	10.8	38.2	51.0	100.0	12.4	33.6	54.0	0	+1.6	-4.6	+3.0
36	STOCKS+BUS+NNRESRE+NMMF+ ORES	100.0	14.0	39.7	46.3	100.0	14.2	35.8	50.0	0	+0.1	-3.9	+3.7
37	STOCKS+BUS+NNRESRE+NMMF+ ORES+OTHMA	100.0	14.0	39.7	46.3	100.0	14.5	35.6	49.9	0	+0.5	-4.1	+3.6
38	STOCKS+BUS+NNRESRE+NMMF+ ORES+OTHMA+BONDS	100.0	13.6	39.7	46.7	100.0	14.0	35.3	50.8	0	+0.4	-4.5	+4.1
39	STOCKS+BUS+NNRESRE+NMMF+ ORES+OTHMA+BONDS+RETQLIQ	100.0	17.5	40.0	42.5	100.0	19.7	37.2	43.1	0	+2.2	-2.7	+0.6

40	VEHIC+HOUSES	100.0	66.4	27.1	6.5	100.0	63.2	27.3	9.5	0	-3.2	+0.2	+3.0
41	VEHIC+HOUSES-MRTHEL-INSTALL	100.0	60.8	31.2	8.0	100.0	55.1	32.9	12.0	0	-5.7	+1.7	+4.0
42	VEHIC+HOUSES+RETQLIQ	100.0	62.8	29.4	7.8	100.0	58.0	31.5	10.5	0	-4.9	+2.2	+2.7
43	VEHIC+HOUSES-MRTHEL-INSTALL+RETQLIQ	100.0	57.3	33.4	9.4	100.0	50.6	36.9	12.5	0	-6.7	+3.5	+3.1

44	HOUSES minus MRTHEL	100.0	60.7	31.4	7.9	100.0	54.1	33.3	12.6	0	-6.6	+1.9	+4.7

45	NFIN other than HOUSES & VEHIC	100.0	14.2	38.4	47.5	100.0	14.5	33.8	51.7	0	+0.4	-4.6	+4.2
46	FIN other than RETQLIQ	100.0	28.1	40.0	31.9	100.0	22.3	37.7	40.1	0	-5.8	-2.4	+8.2

47	NETWORTH other than VEHIC & HOUSES minus MRTHEL minus INSTALL	100.0	21.7	39.5	38.8	100.0	21.5	37.3	41.2	0	-0.2	-2.2	+2.4
48	NETWORTH other than RETQLIQ, VEHIC & HOUSES minus MRTHEL minus INSTALL	100.0	19.1	39.2	41.6	100.0	17.0	35.6	47.4	0	-2.1	-3.6	+5.8

49	LIQ+CDS+SAVBNDS	100.0	42.1	37.4	20.5	100.0	40.7	39.3	20.0	0	-1.4	+1.9	-0.5
50	BOND+STOCKS+OTHMA+NMMF	100.0	13.9	42.3	43.8	100.0	13.9	37.8	48.3	0	nc	-4.4	+4.5
51	CASHLI+OTHFIN	100.0	38.7	39.6	21.7	100.0	34.6	30.7	34.7	0	-4.2	-8.9	+13.0

52	HOUSES+ORESRE	100.0	60.5	31.0	8.5	100.0	55.5	31.4	13.1	0	-4.9	+0.4	+4.6
53	NNRESRE+BUS	100.0	9.3	36.9	53.8	100.0	11.2	29.8	59.0	0	+1.9	-7.1	+5.2

54	MRTHEL+RESDEBT	100.0	74.6	21.4	4.1	100.0	71.5	21.9	6.7	0	-3.1	+0.5	+2.6
55	INSTALL+OTHLOC+ODEBT	100.0	73.7	15.1	11.2	100.0	76.9	10.1	13.0	0	+3.1	-5.0	+1.8

56	"all other assets" (exc VEHIC, HOUSES & RETQLIQ)	100.0	39.2	37.1	23.7	100.0	38.1	37.2	24.7	0	-1.1	+0.1	+1.0
57	"all other debts" (except MRTHEL & INSTALL	100.0	46.6	34.2	19.3	100.0	43.9	35.3	20.8	0	-2.7	+1.1	+1.5
Source: Wealthandwant calculations from Currents and Undercurrents: Changes in the Distribution of Wealth, 1989-2004, Tables 10 and 11

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Table W90-4: Dollar Change, Percent Chg and Shares of Dollar Change, by Networth Quantile comments Note: This table is calculated from the data in Table W90-1. Note that between 1989 and 2004, household population increased by 20.5%. Columns 9 through 12 show what share of the increase or decrease went to each networth quantile.
		$ Change, 1989 to 2004 (2004$)				Pct Chg				Shares of $ Chg
		Total	Quantiles of Net Worth			Total	Quantiles of Net Worth			Total	Quantiles of Net Worth
		Total	B90	N9	T1	Total	B90	N9	T1	Total	B90	N9	T1
		(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)	(10)	(11)	(12)
01	NETWORTH	24,397	6,847	8,551	8,999	94.4%	80.8%	89.1%	115.7%	100.0%	28.1%	35.1%	36.9%
02	ASSET	29,691	10,627	9,609	9,455	100.9%	95.3%	93.3%	118.6%	100.0%	35.8%	32.4%	31.8%

03	FIN	12,019	3,155	4,765	4,099	132.4%	110.6%	130.1%	159.9%	100.0%	26.3%	39.6%	34.1%
04	LIQ	1,092	434	473	185	64.7%	67.4%	80.5%	40.4%	100.0%	39.7%	43.4%	16.9%
05	CDS	-116	-80	-35	-1	-12.9%	-18.7%	-9.2%	-0.8%	100.0%	69.3%	30.0%	0.6%
06	SAVBND	-20	-4	-11	-5	-15.1%	-5.1%	-22.1%	-53.6%	100.0%	18.2%	56.2%	25.6%
07	BOND	217	-40	-62	319	24.2%	-55.0%	-17.2%	68.8%	100.0%	-18.4%	-28.5%	146.9%
08	STOCKS	2,326	167	844	1,315	167.9%	70.9%	146.3%	229.5%	100.0%	7.2%	36.3%	56.5%
09	NMMF	2,615	508	1,103	1,006	537.4%	647.5%	449.8%	617.1%	100.0%	19.4%	42.2%	38.5%
10	RETQLIQ	4,827	1,970	2,223	633	250.7%	233.8%	278.2%	223.2%	100.0%	40.8%	46.1%	13.1%
11	CASHLI	86	-11	48	49	15.9%	-4.0%	27.4%	56.6%	100.0%	-12.9%	55.9%	56.9%
12	OTHMA	1,014	219	298	496	151.4%	237.9%	110.3%	161.5%	100.0%	21.6%	29.4%	49.0%
13	OTHFIN	-22	-9	-117	103	-4.7%	-7.9%	-53.2%	79.8%	100.0%	39.4%	539.8%	-478.7%

14	NFIN	17,673	7,472	4,845	5,357	86.9%	90.1%	73.0%.	99.1%	100.0%	42.3%	27.4%	30.3%
15	VEHIC	810	655	118	48	72.9%	78.3%	52.5%	73.1%	100.0%	79.8%	14.3%	5.8%
16	HOUSES	9,861	5,766	2,817	1,279	106.6%	95.3%	108.8%	209.4%	100.0%	58.5%	28.6%	13.0%
17	ORESRE	2,105	340	976	789	127.3%	62.4%	123.2%	249.4%	100.0%	16.2%	46.4%	37.5%
18	NNRESRE	521	257	190	73	23.1%	120.0%	23.8%	5.9%	100.0%	49.4%	36.6%	14.1%
19	BUS	4,330	431	705	3,194	78.6%	84.3%	34.2%	108.7%	100.0%	10.0%	16.3%	73.8%
20	OTHNFIN	36	24	39	-26	6.6%	16.7%	22.8%	-11.0%	100.0%	64.9%	107.5%	-72.4%

21	DEBT	5,295	3,780	1,058	457	148.6%	141.6%	150.9%	235.8%	100.0%	71.4%	20.0%	8.6%
22	MRTHEL	4,215	3,160	802	254	172.4%	164.4%	177.1%	358.5%	100.0%	75.0%	19.0%	6.0%
23	RESDBT	475	106	239	130	172.0%	98.2%	186.0%	328.3%	100.0%	22.4%	50.2%	27.4%
24	INSTALL	377	327	2	48	63.4%	64.9%	2.6%	219.6%	100.0%	86.7%	0.5%	12.8%
25	OTHLOC	-2	11	-2	-11	-2.7%	93.3%	-17.9%	-25.9%	100.0%	-622.2%	133.3%	583.3%
26	CCBAL	166	154	10	2	165.7%	167.6%	126.6%	533.3%	100.0%	92.9%	6.0%	1.0%
27	ODEBT	64	22	8	33	77.2%	70.0%	26.3%	161.7%	100.0%	35.3%	12.3%	52.4%

28	EQUITY	7,416	1,545	3,124	2,747	286.9%	268.7%	291.1%	293.0%	100.0%	20.8%	42.1%	37.0%
29	INCOME	2,341	1,426	602	313	41.9%	39.2%	50.7%	40.9%	100.0%	60.9%	25.7%	13.4%

31	STOCKS+NMMF	4,941	676	1,946	2,321	263.9%	215.0%	236.9%	315.3%	100.0%	13.7%	39.4%	47.0%
32	STOCKS+NMMF+RETQLIQ	9,768	2.646	4,170	2,954	257.2%	228.7%	257.3%	289.7%	100.0%	27.1%	42.7%	30.2%

33	STOCKS+BUS	6,656	598	1,549	4,509	96.5%	80.1%	58.7%	128.5%	100.0%	9.0%	23.3%	67.7%
34	STOCKS+BUS+NMMF	9,270	1,107	2,651	5,515	125.6%	134.1%	91.9%	150.1%	100.0%	11.9%	28.6%	59.5%

35	STOCKS+BUS+NNRESRE+NMMF	9,791	1,364	2,842	5,588	101.6%	134.1%	77.1%	113.8%	100.0%	13.9%	29.0%	57.1%
36	STOCKS+BUS+NNRESRE+NMMF+ ORES	11,896	1,704	3,818	6,377	105.4%	107.5%	85.3%	122.0%	100.0%	14.3%	32.1%	53.6%
37	STOCKS+BUS+NNRESRE+NMMF+ ORES+OTHMA	12,910	1,923	4,116	6,873	108.0%	114.7%	86.7%	124.2%	100.0%	14.9%	31.9%	53.2%
38	STOCKS+BUS+NNRESRE+NMMF+ ORES+OTHMA+BONDS	13,127	1,883	4,054	7,192	102.1%	107.7%	79.4%	119.9%	100.0%	14.3%	30.9%	54.8%
39	STOCKS+BUS+NNRESRE+NMMF+ ORES+OTHMA+BONDS+RETQLIQ	17,954	3,854	6,277	7,825	121.5%	148.7%	106.3%	124.6%	100.0%	21.5%	35.0%	43.6%

40	VEHIC+HOUSES	10,682	6,241	2,935	1,327	103.0%	93.3%	104.3%	196.2%	100.0%	60.1%	27.5%	12.4%
41	VEHIC+HOUSES-MRTHEL-INSTALL	6,090	2,934	2,131	1,025	83.0%	65.8%	93.0%	175.6%	100.0%	48.2%	35.0%	16.8%
42	VEHIC+HOUSES+RETQLIQ	15,508	8,391	5,158	1,960	126.1%	108.6%	142.8%	204.2%	100.0%	54.1%	33.3%	12.6%
43	VEHIC+HOUSES-MRTHEL-INSTALL+RETQLIQ	10,916	4,905	4,354	1,658	117.9%	92.5%	140.9%	191.2%	100.0%	44.9%	39.9%	15.2%

44	HOUSES minus MRTHEL	5,647	2,606	2,015	1,025	83.0%	62.2%	94.3%	189.8%	100.0%	46.2%	35.7%	18.2%

45	NFIN other than HOUSES & VEHIC	6,991	1,052	1,910	4,030	70.2%	74.5%	49.9%	85.2%	100.0%	15.0%	27.3%	57.6%
46	FIN other than RETQLIQ	7,192	1,185	2,541	3,466	100.5%	59.0%	88.7%	152.0%	100.0%	16.5%	35.3%	48.2%

47	NETWORTH other than VEHIC & HOUSES minus MRTHEL minus INSTALL	18,307	3,913	6,421	7,974	98.9%	97.4%	87.8%	110.9%	100.0%	21.4%	35.1%	43.6%
48	NETWORTH other than RETQLIQ, VEHIC & HOUSES minus MRTHEL minus INSTALL	13,481	1,942	4,197	7,341	81.2%	61.2%	64.5%	106.3%	100.0%	14.4%	31.1%	54.5%

49	LIQ+CDS+SAVBNDS	956	350	427	179	35.2%	30.5%	42.0%	32.1%	100.0%	36.6%	44.7%	18.7%
50	BOND+STOCKS+OTHMA+NMMF	6,172	855	2.183	3,137	179.4%	178.5%	150.2%	208.1%	100.0%	13.9%	35.4%	50.8%
51	CASHLI+OTHFIN	64	-20	-69	152	6.5%	-5.1%	-17.4%	70.5%	100.0%	-30.5%	-106.7%	236.9%

52	HOUSES+ORESRE	11,967	6,106	3,793	2,068	109.8%	92.6%	112.2%	223.0%	100.0%	51.0%	31.7%	17.3%
53	NNRESRE+BUS	4,850	688	895	3,267	62.5%	94.9%	31.3%	78.3%	100.0%	14.2%	18.5%	67.4%

54	MRTHEL+RESDEBT	4,690	3,266	1,040	384	172.4%	160.9%	179.1%	347.6%	100.0%	69.6%	22.2%	8.2%
55	INSTALL+OTHLOC+ODEBT	438	360	7	71	59.1%	65.8%	6.4%	85.4%	100.0%	82.2%	1.6%	16.2%

56	"all other assets" (exc VEHIC, HOUSES & RETQLIQ)	1,056	353	398	303	24.8%	21.1%	25.1%	30.0%	100.0%	33.4%	37.6%	28.7%
57	"all other debts" (except MRTHEL & INSTALL	703	294	254	154	134.0%	120.4%	141.7%	152.9%	100.0%	41.9%	36.1%	22.0%
Source: Wealthandwant calculations from Currents and Undercurrents: Changes in the Distribution of Wealth, 1989-2004, Tables 10 and 11

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Table W90-5 Ownership Rates, by Networth Quantile - nonadditive - 1989, 2004 and Point Change comments Note: These ownership rates shown are as reported in Currents and Undercurrents, aggregated into fewer quantiles. Column 1 is, in effect, a weighted average of columns 2 through 4. The same data is displayed differently in Table W50-6.
		1989				2004				Point Change
		Total	Quantiles of Net Worth			Total	Quantiles of Net Worth			Total	Quantiles of Net Worth
		Total	B90	N9	T1	Total	B90	N9	T1	Total	B90	N9	T1
		(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)	(10)	(11)	(12)
02	ASSET	94.7	94.1	100.0	100.0	97.9	97.7	100.0	100.0	+3.2	+3.7	nc	nc

03	FIN	88.9	87.6	100.0	100.0	93.8	93.1	100.0	100.0	+4.9	+5.5	nc	nc
04	LIQ	85.6	84.0	100.0	100.0	91.3	90.4	100.0	100.0	+5.7	+6.4	nc	nc
05	CDS	19.9	17.1	45.6	32.5	12.7	10.9	29.4	26.3	-7.2	-6.2	-16.3	-6.2
06	SAVBND	23.9	22.9	35.0	18.2	17.6	16.4	29.5	17.8	-6.3	-6.4	-5.5	-0.4
07	BOND	5.7	3.0	28.3	45.8	1.8	0.6	10.9	30.6	-3.9	-2.4	-17.4	-15.2
08	STOCKS	16.9	12.6	53.4	72.7	20.7	16.0	61.9	69.6	+3.8	+3.4	+8.5	-3.1
09	NMMF	7.3	4.8	28.3	39.3	15.0	11.4	47.4	44.9	+7.7	+6.6	+19.1	+5.6
10	RETQLIQ	37.0	33.3	69.7	71.6	49.7	46.0	82.1	82.7	+12.7	+12.7	+12.5	+11.1
11	CASHLI	35.5	32.7	60.5	64.8	24.2	22.0	43.1	48.1	-11.3	-10.7	-17.5	-16.7
12	OTHMA	3.7	2.6	12.1	26.6	7.3	5.8	20.1	26.3	+3.6	+3.2	+8.0	-0.3
13	OTHFIN	13.8	12.3	26.3	32.1	9.9	9.2	15.0	28.2	-3.9	-3.1	-11.2	-3.9

14	NFIN	89.2	88.1	100.0	99.3	92.5	91.7	99.9	100.0	+3.3	+3.6	-01	+0.7
15	VEHIC	83.8	82.6	94.3	90.7	86.3	85.6	93.0	94.2	+2.5	+3.0	-1.4	+3.5
16	HOUSES	63.9	60.7	93.0	86.5	69.1	66.0	96.9	97.5	+5.2	+5.3	+3.8	+11.0
17	ORESRE	13.2	9.7	42.7	62.7	12.5	8.8	43.7	64.7	-0.7	-0.9	+1.1	+2.0
18	NNRESRE	11.1	8.3	34.5	54.7	8.3	6.0	26.2	49.7	-2.8	-2.3	-8.2	-5.0
19	BUS	11.7	7.7	43.9	72.8	11.5	8.2	37.1	72.1	-0.2	+0.5	-6.8	-0.7
20	OTHNFIN	12.4	10.5	28.3	41.9	7.8	6.6	17.8	27.8	-4.6	-3.9	-10.5	-14.1

21	DEBT	72.3	72.6	69.4	65.3	76.4	76.9	72.9	67.9	+4.1	+4.3	+3.5	+2.6
22	MRTHEL	39.5	38.5	49.3	36.0	47.9	46.7	59.0	51.5	+8.4	+8.2	+9.6	+15.5
23	RESDBT	5.2	3.5	19.8	21.7	4.0	2.6	15.8	23.1	-1.2	-0.9	-4.0	+1.4
24	INSTALL	49.4	51.3	34.1	17.9	46.0	48.1	27.1	26.1	-3.4	-3.2	-7.0	+8.2
25	OTHLOC	3.2	3.0	4.1	6.6	1.6	1.6	1.1	4.1	-1.6	-1.5	-3.0	-2.5
26	CCBAL	39.7	41.9	20.3	14.8	46.2	48.8	24.4	13.3	+6.5	+6.9	+4.2	-1.5
27	ODEBT	6.7	6.0	12.6	14.6	7.6	7.5	8.7	11.6	+0.9	+1.5	-3.9	-3.0

28	EQUITY	31.8	26.9	74.1	86.8	48.6	43.9	90.2	93.3	+16.8	+17.0	+16.2	+6.5

49	LIQ+CDS+SAVBNDS					91.9
50	BOND+STOCKS+OTHMA+NMMF					32.1
51	CASHLI+OTHFIN					24.2

52	HOUSES+ORESRE					69.1
53	NNRESRE+BUS					17.5

54	MRTHEL+RESDEBT					48.9
55	INSTALL+OTHLOC+ODEBT					49.8
Source: Wealthandwant calculations from Currents and Undercurrents: Changes in the Distribution of Wealth, 1989-2004, Tables 10 and 11

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Table W90-6 Ownership Rates by Networth Quantile - additive - 1989 and 2004 comments Note: these ownership rates are calculated from the corresponding cells in Table W90-5 by multiplying the incidence rate by the size of the quantile. Columns 1 is the sum of columns 2 through 4. They are used to generate the data in Table W90-6.
		1989				2004
		Total	Quantiles of Net Worth			Total	Quantiles of Net Worth
		Total	B90	N9	T1	Total	B90	N9	T1
		(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)
02	ASSET	94.7	84.7	9.0	1.0	97.9	88.0	9.0	1.0

03	FIN	88.9	78.9	9.0	1.0	93.8	83.8	9.0	1.0
04	LIQ	85.6	75.6	9.0	1.0	91.3	81.3	9.0	1.0
05	CDS	19.9	15.4	4.1	0.3	12.7	9.8	2.6	0.3
06	SAVBND	23.9	20.6	3.2	0.2	17.6	14.8	2.7	0.2
07	BOND	5.7	2.7	2.5	0.5	1.8	0.6	1.0	0.3
08	STOCKS	16.9	11.3	4.8	0.7	20.7	14.4	5.6	0.7
09	NMMF	7.3	4.3	2.6	0.4	15.0	10.3	4.3	0.4
10	RETQLIQ	37.0	30.0	6.3	0.7	49.7	41.4	7.4	0.8
11	CASHLI	35.5	29.4	5.4	0.6	24.2	19.8	3.9	0.5
12	OTHMA	3.7	2.4	1.1	0.3	7.3	5.2	1.8	0.3
13	OTHFIN	13.8	11.1	2.4	0.3	9.9	8.3	1.4	0.3

14	NFIN	89.2	79.3	9.0	1.0	92.5	82.5	9.0	1.0
15	VEHIC	83.8	74.4	8.5	0.9	86.3	77.1	8.4	0.9
16	HOUSES	63.9	54.6	8.4	0.9	69.1	59.4	8.7	1.0
17	ORESRE	13.2	8.7	3.8	0.6	12.5	8.0	3.9	0.6
18	NNRESRE	11.1	7.5	3.1	0.5	8.3	5.4	2.4	0.5
19	BUS	11.7	6.9	4.0	0.7	11.5	7.4	3.3	0.7
20	OTHNFIN	12.4	9.5	2.6	0.4	7.8	5.9	1.6	0.5

21	DEBT	72.3	65.3	6.2	0.7	76.4	69.2	6.6	0.7
22	MRTHEL	39.5	34.7	4.4	0.4	47.9	42.1	5.3	0.5
23	RESDBT	5.2	3.2	1.8	0.2	4.0	2.4	1.4	0.2
24	INSTALL	49.4	46.1	3.1	0.2	46.0	43.3	2.4	0.3
25	OTHLOC	3.2	2.7	0.4	0.1	1.6	1.4	0.1	0.0
26	CCBAL	39.7	37.7	1.8	0.1	46.2	43.9	2.2	0.1
27	ODEBT	6.7	5.4	1.1	0.1	7.6	6.7	0.8	0.1

28	EQUITY	31.8	24.2	6.7	0.9	48.6	39.5	8.1	0.9

49	LIQ+CDS+SAVBNDS					91.9
50	BOND+STOCKS+OTHMA+NMMF					32.1
51	CASHLI+OTHFIN					24.2

52	HOUSES+ORESRE					69.1
53	NNRESRE+BUS					17.5

54	MRTHEL+RESDEBT					48.9
55	INSTALL+OTHLOC+ODEBT					49.8
Source: Wealthandwant calculations from Currents and Undercurrents: Changes in the Distribution of Wealth, 1989-2004, Tables 10 and 11

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Table W90-7 Holdings per 1% who hold, by Networth Quantile — 1989 and 2004 comments This table is calculated by dividing the dollar holdings from Table W90-1 by the Ownership Rates (additive) in Table W90-6. Data can be compared up and down any single column and across quantiles in a single year. However, caution should be used in making year-to-year comparisons, because the household population increased 20.5% between 1989 and 2004, and this data relates to the holdings per 1% of the household population. In other words, if holdings per 1% who hold increased by only 20%, then that quantile's average holdings-per-household actually decreased. Table W90-8 looks at the year to year changes.
		1989				2004
		Total	Quantiles of Net Worth			Total	Quantiles of Net Worth
		Total	B90	N9	T1	Total	B90	N9	T1
		(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)
02	ASSET	311	132	1,145	7,969	604	248	2,212	17,425

03	FIN	102	36	407	2,564	225	72	936	6,663
04	LIQ	20	9	65	457	30	13	118	642
05	CDS	45	28	92	278	61	36	129	341
06	SAVBND	6	4	16	53	6	5	15	25
07	BOND	158	27	142	1,013	620	57	306	2,559
08	STOCKS	82	21	120	788	179	28	255	2,713
09	NMMF	67	18	96	415	207	57	316	2,603
10	RETQLIQ	52	28	127	396	136	68	409	1,109
11	CASHLI	15	9	32	133	26	13	58	281
12	OTHMA	181	39	248	1,155	231	60	314	3,056
13	OTHFIN	33	10	93	404	44	12	76	826

14	NFIN	228	105	738	5,443	411	191	1,277	10,762
15	VEHIC	13	11	26	72	23	19	41	120
16	HOUSES	145	111	309	706	277	199	620	1,938
17	ORESRE	125	62	206	504	301	111	449	1,708
18	NNRESRE	203	29	258	2,263	334	87	419	2,638
19	BUS	471	74	522	4,034	856	127	828	8,503
20	OTHNFIN	44	15	67	568	75	28	130	763

21	DEBT	49	41	112	296	116	93	268	957
22	MRTHEL	62	55	102	197	139	121	236	630
23	RESDBT	53	34	72	182	188	91	258	734
24	INSTALL	12	11	22	122	21	19	29	268
25	OTHLOC	21	4	36	614	40	16	111	732
26	CCBAL	3	2	4	2	6	6	8	14
27	ODEBT	12	6	26	141	19	8	48	465

28	EQUITY	81	24	161	1,080	206	54	517	3,949
29	INCOME*	56	40	132	767	79	56	199	1,080

44	HOUSES minus MRTHEL**	106	76	255	624	180	113	476	1,606
** use with caution, because it ignores the difference in incidence between ownership of HOUSES and holding of MRTHEL, using just the incidence level for HOUSES.
49	LIQ+CDS+SAVBNDS					40
50	BOND+STOCKS+OTHMA+NMMF					299
51	CASHLI+OTHFIN					44

52	HOUSES+ORESRE					331
53	NNRESRE+BUS					721

54	MRTHEL+RESDEBT					152
55	INSTALL+OTHLOC+ODEBT					24
Source: Wealthandwant calculations from Currents and Undercurrents: Changes in the Distribution of Wealth, 1989-2004, Tables 10 and 11 *calculations assume that all households have income.

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Table W90-8 Holdings per 1% who hold - Change and Percent Change, 1989-2004, by Networth Quantile comments Note: As described in Table W90-7, because the household population increased by 20.5% between 1989 and 2004, an increase of less than 20.5% in columns 5 through 8 represents a decrease in the average holdings per holding household within that quantile. This table is generated from Table W90-7.
		Change in Holdings per 1% Who Hold				% Change in Holdings per 1% who hold*
		Total	Quantiles of Net Worth			Total	Quantiles of Net Worth
		Total	B90	N9	T1	Total	B90	N9	T1
		(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)
02	ASSET	293	116	1,068	9,455	94.4%	88.0%	93.3%	118.6%

03	FIN	123	36	529	4,099	120.2%	98.3%	130.1%	159.9%
04	LIQ	11	5	53	185	54.4%	55.5%	80.5%	40.4%
05	CDS	16	8	38	63	36.4%	27.8%	41.0%	22.6%
06	SAVBND	1	1	-1	-28	15.2%	32.2%	-7.6%	-52.6%
07	BOND	462	30	164	1,547	293.3%	113.8%	115.4%	152.7%
08	STOCKS	97	7	135	1,924	118.7%	34.7%	112.7%	244.1%
09	NMMF	140	39	220	2,188	210.2%	213.5%	228.7%	527.6%
10	RETQLIQ	84	40	281	712	161.1%	141.7%	220.8%	179.8%
11	CASHLI	11	4	25	148	70.1%	42.7%	79.2%	111.0%
12	OTHMA	50	21	66	1,901	27.4%	52.7%	26.5%	164.5%
13	OTHFIN	11	2	-17	423	32.8%	23.0%	-18.2%	104.6%

14	NFIN	183	86	539	5,319	80.2%	82.6%	73.0%	97.7%
15	VEHIC	9	8	14	48	67.8%	72.1%	54.7%	66.7%
16	HOUSES	132	88	311	1,232	91.1%	79.7%	100.5%	174.5%
17	ORESRE	175	49	243	1,203	140.1%	78.3%	117.9%	238.6%
18	NNRESRE	131	58	161	375	64.7%	203.7%	62.6%	16.6%
19	BUS	385	54	306	4,469	81.7%	72.9%	58.7%	110.8%
20	OTHNFIN	31	13	64	194	69.5%	85.9%	95.1%	34.1%

21	DEBT	67	52	156	661	135.2%	128.2%	138.8%	222.9%
22	MRTHEL	77	65	134	434	124.6%	117.8%	131.8%	220.5%
23	RESDBT	135	57	186	552	253.6%	166.5%	258.8%	302.3%
24	INSTALL	9	8	7	146	75.5%	75.7%	29.1%	119.2%
25	OTHLOC	20	12	75	118	94.5%	270.4%	206.8%	19.2%
26	CCBAL	3	3	4	12	128.3%	130.0%	88.0%	604.8%
27	ODEBT	7	2	22	324	56.2%	36.2%	82.3%	229.3%

28	EQUITY	125	30	356	2,869	153.1%	125.8%	221.1%	265.7%
29	INCOME	23	16	67	313	41.1%	40.0%	50.8%	40.8%

44	HOUSES minus MRTHEL**	74	37	221	982	69.8%	48.6%	86.7%	157.4%
Source: Wealthandwant calculations from Currents and Undercurrents: Changes in the Distribution of Wealth, 1989-2004, Tables 10 and 11

Table W90-9 Changes in Ownership and Holdings per 1% who hold, 1989-2004, by Networth Quantile comments Note: As described in Table W90-7, because the household population increased by 20.5% between 1989 and 2004, an increase of less than 20.5% in columns 5 through 8 represents a decrease in the average holdings per holding household within that quantile. This table is generated from Table W90-5 and Table W90-8.
		Change in Ownership (Nonadditive)				% Change in Holdings per 1% who hold*
		Total	Quantiles of Net Worth			Total	Quantiles of Net Worth
		Total	B90	N9	T1	Total	B90	N9	T1
		(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)
02	ASSET	+3.2	+3.7	nc	nc	94.4%	88.0%	93.3%	118.6%

03	FIN	+4.9	+5.5	nc	nc	120.2%	98.3%	130.1%	159.9%
04	LIQ	+5.7	+6.4	nc	nc	54.4%	55.5%	80.5%	40.4%
05	CDS	-7.2	-6.2	-16.3	-6.2	36.4%	27.8%	41.0%	22.6%
06	SAVBND	-6.3	-6.4	-5.5	-0.4	15.2%	32.2%	-7.6%	-52.6%
07	BOND	-3.9	-2.4	-17.4	-15.2	293.3%	113.8%	115.4%	152.7%
08	STOCKS	+3.8	+3.4	+8.5	-3.1	118.7%	34.7%	112.7%	244.1%
09	NMMF	+7.7	+6.6	+19.1	+5.6	210.2%	213.5%	228.7%	527.6%
10	RETQLIQ	+12.7	+12.7	+12.5	+11.1	161.1%	141.7%	220.8%	179.8%
11	CASHLI	-11.3	-10.7	-17.5	-16.7	70.1%	42.7%	79.2%	111.0%
12	OTHMA	+3.6	+3.2	+8.0	-0.3	27.4%	52.7%	26.5%	164.5%
13	OTHFIN	-3.9	-3.1	-11.2	-3.9	32.8%	23.0%	-18.2%	104.6%

14	NFIN	+3.3	+3.6	-0.1	+0.7	80.2%	82.6%	73.0%	97.7%
15	VEHIC	+2.5	+3.0	-1.4	+3.5	67.8%	72.1%	54.7%	66.7%
16	HOUSES	+5.2	+5.3	+3.8	+11.0	91.1%	79.7%	100.5%	174.5%
17	ORESRE	-0.7	-0.9	+1.1	+2.0	140.1%	78.3%	117.9%	238.6%
18	NNRESRE	-2.8	-2.3	-8.2	-5.0	64.7%	203.7%	62.6%	16.6%
19	BUS	-0.2	+0.5	-6.8	-0.7	81.7%	72.9%	58.7%	110.8%
20	OTHNFIN	-4.6	-3.9	-10.6	-14.1	69.5%	85.9%	95.1%	34.1%

21	DEBT	+4.1	+4.3	+3.5	+2.6	135.2%	128.2%	138.8%	222.9%
22	MRTHEL	+8.4	+8.2	+9.6	+15.5	124.6%	117.8%	131.8%	220.5%
23	RESDBT	-1.2	-0.9	-4.0	+1.4	253.6%	166.5%	258.8%	302.3%
24	INSTALL	-3.4	-3.2	-7.0	+8.2	75.5%	75.7%	29.1%	119.2%
25	OTHLOC	-1.6	-1.5	-3.0	-2.5	94.5%	270.4%	206.8%	19.2%
26	CCBAL	+6.5	+6.9	+4.2	-1.5	128.3%	130.0%	88.0%	604.8%
27	ODEBT	+0.9	+1.5	-3.9	-3.0	56.2%	36.2%	82.3%	229.3%

28	EQUITY	+16.8	+17.0	+16.2	+6.5	153.1%	125.8%	221.1%	265.7%
29	INCOME					41.1%	40.0%	50.8%	40.8%

44	HOUSES minus MRTHEL**	+5.2	+5.3	+3.8	+11.0	69.8%	48.6%	86.7%	157.4%
**The ownership data is the data for houses. Source: Wealthandwant calculations from Currents and Undercurrents: Changes in the Distribution of Wealth, 1989-2004, Tables 10 and 11

Table W90-1 Dollar Holdings and change, by Networth Quantile — 1989 and 2004
Table W90-2 Corner Percentages: Each Quantile's Share of Aggregate Networth, 1989 and 2004
Table W90-3 Wealth Shares and Percent Change by Networth Quantile — 1989 and 2004
Table W90-4: Dollar Change, Percent Chg and Shares of Dollar Change, by Networth Quantile
Table W90-5 Ownership Rates, by Networth Quantile - nonadditive - 1989, 2004 and Point Change
Table W90-6 Ownership Rates by Networth Quantile - additive - 1989 and 2004
Table W90-7 Holdings per 1% who hold, by Networth Quantile — 1989 and 2004
Table W90-8 Holdings per 1% who hold - Change and Percent Change, 1989-2004, by Networth Quantile
Table W90-9 Changes in Ownership and Holdings per 1% who hold, 1989-2004, by Networth Quantile

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themes:

wealth concentration

wealth from land appreciation

urban land values relative to rural

land includes

land different from capita

land as common property

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