Table 6.4
Share of households with low net worth, 1962–2010 (2010 dollars)
| Zero or negative net worth | Positive but less than $10,000 net worth | Total net worth less than $10,000 | |
|---|---|---|---|
| 1962 | 23.6% | 8.4% | 32.0% |
| 1983 | 15.5 | 12.2 | 27.7 |
| 1989 | 17.9 | 11.3 | 29.2 |
| 1998 | 18.0 | 10.5 | 28.5 |
| 2001 | 17.6 | 10.5 | 28.0 |
| 2007 | 18.6 | 9.6 | 28.2 |
| 2010 | 22.5 | 12.6 | 35.1 |
| Change | |||
| 1962–1983 | -8.1 | 3.8 | -4.3 |
| 1983–2007 | 3.1 | -2.6 | 0.5 |
| 2007–2010 | 3.9 | 3.0 | 6.9 |
Source: Wolff (2012)
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