Table 6.6
Wealth groups' shares of household assets, by asset type, 2010
| Wealth group | Stocks* | Stocks not held in retirement accounts** | Housing equity | Total assets |
|---|---|---|---|---|
| Bottom 95% | 32.9% | 20.1% | 65.7% | 44.8% |
| Bottom 80% | 8.3 | 3.5 | 29.9 | 19.5 |
| 80th–<90th percentile | 10.9 | 6.4 | 19.8 | 12.4 |
| 90th–<95th percentile | 13.7 | 10.1 | 16.0 | 12.9 |
| Top 5% | 67.1 | 79.9 | 34.3 | 55.2 |
| 95th–<99th percentile | 32.1 | 32.5 | 21.7 | 24.9 |
| Top 1% | 35.0 | 47.4 | 12.6 | 30.4 |
| 99th–<99.5th percentile | 11.3 | 13.2 | 5.0 | 7.9 |
| 99.5th–100th percentile | 23.7 | 34.3 | 7.7 | 22.4 |
| Total | 100.0 | 100.0 | 100.0 | 100.0 |
* Includes direct ownership of stock shares and indirect ownership through mutual funds, trusts, and IRAs, Keogh plans, 401(k) plans, and other retirement accounts
** Includes direct ownership of stock shares and indirect ownership through mutual funds and trusts
Source: Wolff (2012)
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