23-Feb-16
Family Holdings of Debt: Percentage of Families Holding Debt,
by Selected Characteristics of Families and Type of Debt, 2013
Secured by residential property
Family characteristic
All families
Primary
residence
Other
Installment
loans
Credit card
balances
Lines of credit
not secured by
residential
property
Other
Any
debt
42.9
5.2
47.2
38.1
1.9
6.6
74.5
13.1
26.3
39.8
63.3
71.5
72.6
0.6
2.1
3.9
5.6
9.4
18.6
32.7
40.9
52.8
56.4
61.0
44.9
19.6
34.2
46.9
49.8
48.2
32.2
0.7
1.6
1.4
2.3
3.6
3.2
4.0
5.2
5.4
9.2
10.5
7.9
52.1
66.5
81.0
87.2
87.2
84.5
28.6
53.5
56.1
48.9
42.2
19.9
2.4
4.9
7.8
7.8
4.8
2.7
63.5
58.1
52.8
43.3
29.3
15.7
36.8
41.7
44.3
43.4
32.8
21.1
2.1
2.6
1.7
1.7
2.1
0.7
5.7
7.7
9.7
7.7
4.2
2.0
77.1
84.8
82.3
78.7
66.4
41.4
31.6
26.3
26.8
61.0
46.2
2.5
2.5
2.7
7.2
7.4
51.6
47.0
21.1
60.5
46.1
32.5
33.6
30.0
46.6
38.5
1.4
2.0
1.2
2.2
2.1
5.9
5.2
4.2
9.9
5.4
73.6
70.0
53.8
87.6
75.3
21.5
37.6
39.5
55.0
2.2
3.4
4.6
7.9
31.8
43.9
52.7
51.5
27.2
36.3
43.9
39.9
*
1.5
2.3
2.3
3.7
7.0
7.9
6.5
53.6
70.2
78.5
82.0
48.4
31.6
6.1
3.5
46.2
49.0
38.5
37.4
2.0
1.6
6.5
6.8
75.3
72.9
49.4
54.4
28.9
26.8
5.5
10.9
3.3
2.7
57.3
45.9
26.1
48.2
43.9
42.6
27.9
23.8
2.3
2.8
1.1
*
8.4
5.5
3.4
6.0
82.8
82.2
55.4
70.4
59.4
40.7
46.1
28.5
9.4
4.0
3.8
3.2
56.4
53.4
56.9
30.3
42.1
45.1
44.7
27.1
2.6
1.9
2.4
1.0
6.8
8.1
9.6
3.9
86.1
79.1
81.4
58.3
43.2
46.1
41.5
41.9
5.4
5.0
4.6
6.5
44.3
49.7
49.7
42.6
37.9
40.3
35.9
40.0
1.9
1.9
1.5
2.4
7.6
6.9
5.9
6.7
72.2
76.9
74.2
74.7
43.6
38.1
5.3
4.6
46.6
50.8
38.5
35.9
2.0
*
6.4
7.9
74.8
72.8
65.9
*
6.6
2.8
46.4
48.5
42.0
30.9
1.7
2.3
6.5
6.9
80.4
63.7
Percentiles of income
Less than 20
20-39.9
40-59.9
60-79.9
80-89.9
90-100
Age of head (years)
Less than 35
35-44
45-54
55-64
65-74
75 or more
Family structure
Single with child(ren)
Single, no child, age less than 55
Single, no child, age 55 or more
Couple with child(ren)
Couple, no child
Education of head
No high school diploma
High school diploma
Some college
College degree
Race or ethnicity of respondent
White non-Hispanic
Nonwhite or Hispanic
Current work status of head
Working for someone else
Self-employed
Retired
Other not working
Current occupation of head
Managerial or professional
Technical, sales, or services
Other occupation
Retired or other not working
Region
Northeast
Midwest
South
West
Urbanicity
Metropolitan statistical area (MSA)
Non-MSA
Housing status
Owner
Renter or other
Percentiles of net worth
Less than 25
16.9
1.5
56.5
33.4
2.1
6.3
25-49.9
41.0
1.9
51.9
44.3
1.8
7.4
50-74.9
57.4
5.8
45.4
45.5
1.8
7.1
75-89.9
55.4
9.1
39.1
35.1
1.3
5.8
90-100
57.8
15.9
28.3
20.9
2.6
5.5
* Ten or fewer observations.
Note: For questions on income, respondents were asked to base their answers on the calendar year preceding the interview. For questions on saving,
respondents were asked to base their answers on the twelve months preceding the interview.
Percentage distributions may not sum to 100 because of rounding. See the appendix for details on standard errors and for definitions of family and family
head.
Source: The Federal Reserve Board, 2013 Survey of Consumer Finance.
69.9
77.3
78.9
72.5
71.5
5-Feb-14
Family Holdings of Debt: Percentage of Families Holding Debt,
by Selected Characteristics of Families and Type of Debt, 2010
Secured by residential property
Family characteristic
All families
Primary
residence
Other
Installment
loans
Credit card
balances
Lines of credit
not secured by
residential
property
Other
Any
debt
47.0
5.3
46.3
39.4
2.1
6.4
74.9
14.8
29.6
51.6
65.4
74.5
72.8
1.3
1.7
3.5
6.0
9.1
19.4
34.1
40.8
49.9
56.6
58.8
41.8
23.2
33.4
45.0
53.1
51.0
33.6
1.2
2.2
2.1
1.9
2.0
3.7
4.2
4.2
6.8
7.8
11.8
6.6
52.5
66.8
81.8
86.9
88.9
84.5
34.0
57.6
60.4
53.6
40.5
24.2
2.9
5.1
7.6
7.6
5.0
2.9
61.9
60.0
49.8
40.7
30.3
12.3
38.7
45.7
46.2
41.3
31.9
21.7
1.8
2.2
2.7
3.0
1.2
*
5.5
8.6
9.7
6.7
2.3
2.0
77.8
86.0
84.1
77.7
65.2
38.5
36.0
31.8
29.0
64.9
49.5
2.6
2.7
3.2
7.3
6.9
49.4
48.0
20.4
59.6
43.0
35.3
37.2
26.9
47.4
40.1
1.2
2.3
1.0
2.8
2.1
6.7
5.7
2.5
8.8
6.2
73.5
73.3
52.2
87.5
74.5
27.3
42.0
44.8
58.7
*
2.8
4.7
9.2
34.7
44.0
55.1
47.7
27.7
36.9
45.8
42.1
1.6
1.7
2.3
2.4
4.8
6.4
7.4
6.4
56.4
70.6
80.2
82.0
51.8
37.1
6.1
3.8
45.8
47.4
39.3
39.7
2.4
1.4
6.1
7.2
75.9
73.0
54.4
58.6
29.1
31.1
5.3
12.4
2.9
2.8
56.0
42.4
24.6
51.8
45.8
40.4
25.4
35.5
2.4
3.2
0.9
*
7.7
7.0
3.1
6.6
83.9
82.0
51.0
75.1
64.6
43.8
54.1
29.6
9.8
4.1
4.4
2.9
51.4
55.0
55.6
30.5
44.6
44.6
45.7
27.6
2.9
2.4
2.1
1.1
6.5
7.0
9.9
3.9
87.4
79.6
82.7
56.2
46.9
52.8
43.6
46.9
5.5
4.2
4.8
7.3
42.6
48.5
48.2
44.2
39.9
37.4
38.2
43.0
1.6
2.3
2.0
2.4
6.6
5.4
7.3
5.9
74.8
76.4
73.6
75.9
47.8
43.3
5.7
3.7
46.2
46.9
40.3
35.0
2.1
1.9
6.5
6.3
75.8
70.7
69.9
*
6.9
2.2
46.0
46.9
43.1
31.8
2.0
2.1
6.5
6.4
81.4
61.6
Percentiles of income
Less than 20
20-39.9
40-59.9
60-79.9
80-89.9
90-100
Age of head (years)
Less than 35
35-44
45-54
55-64
65-74
75 or more
Family structure
Single with child(ren)
Single, no child, age less than 55
Single, no child, age 55 or more
Couple with child(ren)
Couple, no child
Education of head
No high school diploma
High school diploma
Some college
College degree
Race or ethnicity of respondent
White non-Hispanic
Nonwhite or Hispanic
Current work status of head
Working for someone else
Self-employed
Retired
Other not working
Current occupation of head
Managerial or professional
Technical, sales, or services
Other occupation
Retired or other not working
Region
Northeast
Midwest
South
West
Urbanicity
Metropolitan statistical area (MSA)
Non-MSA
Housing status
Owner
Renter or other
Percentiles of net worth
Less than 25
20.0
1.8
57.1
36.9
2.3
6.6
25-49.9
48.9
2.0
51.1
44.5
1.5
7.3
50-74.9
61.5
4.6
47.7
46.2
2.2
6.7
75-89.9
56.9
9.7
34.4
36.1
1.8
5.4
90-100
58.6
17.8
21.9
20.9
3.0
4.5
* Ten or fewer observations.
Note: For questions on income, respondents were asked to base their answers on the calendar year preceding the interview. For questions on saving,
respondents were asked to base their answers on the twelve months preceding the interview.
Percentage distributions may not sum to 100 because of rounding. See the appendix for details on standard errors and for definitions of family and family
head.
Source: The Federal Reserve Board, 2010 Survey of Consumer Finance (July 19, 2012).
69.2
78.8
80.3
72.2
70.4
5-Feb-14
Family Holdings of Debt: Percentage of Families Holding Debt,
by Selected Characteristics of Families and Type of Debt, 2007
Secured by residential property
Family characteristic
All families
Primary
residence
Other
Installment
loans
Credit card
balances
Lines of credit
not secured by
residential
property
Other
Any
debt
48.7
5.5
46.9
46.1
1.7
6.8
77.0
14.9
29.6
50.5
69.7
80.8
76.4
1.1
1.9
2.6
6.9
8.5
21.9
27.8
42.4
53.9
59.2
57.4
45.0
25.7
39.5
54.8
62.1
55.8
40.6
*
1.8
*
2.1
*
2.1
3.9
6.8
6.4
8.7
9.6
7.0
51.7
70.2
83.8
90.9
89.6
87.6
37.3
59.5
65.5
55.3
42.9
13.9
3.3
6.5
8.0
7.8
5.0
0.6
65.2
56.2
51.9
44.6
26.1
7.0
48.5
51.7
53.6
49.9
37.0
18.8
2.1
2.2
1.9
1.2
1.5
*
5.9
7.5
9.8
8.7
4.4
1.3
83.6
86.2
86.8
81.8
65.5
31.4
38.3
35.0
22.0
69.0
51.3
2.7
3.5
1.9
8.4
6.6
50.2
44.1
18.9
62.9
43.6
45.3
42.9
30.2
54.7
46.7
2.6
*
*
2.0
1.5
10.1
7.0
3.7
7.9
5.7
78.0
76.9
48.2
91.1
76.0
26.0
45.0
46.9
61.7
1.9
3.2
6.4
8.7
33.3
46.0
54.3
49.1
26.9
46.8
51.0
50.2
*
1.4
2.2
1.7
5.3
6.4
9.3
6.5
55.5
75.1
80.8
85.1
52.1
40.4
5.8
4.8
46.1
48.9
45.1
48.4
1.6
2.0
6.7
7.0
76.8
77.7
56.7
64.8
27.0
25.5
5.4
15.1
2.6
*
57.5
43.9
23.6
42.9
53.7
48.9
28.2
36.9
1.9
3.6
0.8
*
8.7
4.7
3.2
7.5
86.2
86.8
52.3
69.9
67.6
49.7
53.6
26.7
10.0
4.5
5.1
2.5
56.2
52.2
57.8
26.6
52.7
53.2
53.2
29.6
1.8
2.7
2.1
0.7
7.0
7.9
9.7
3.9
90.9
81.8
84.9
55.0
48.4
51.0
46.6
49.9
4.9
5.2
4.6
8.1
40.7
47.9
48.5
48.4
44.3
45.5
43.5
52.4
*
1.9
1.7
2.7
5.6
7.0
6.9
7.5
73.3
78.3
75.3
81.6
49.7
43.5
6.1
2.9
46.0
51.3
46.3
44.8
1.8
1.6
6.6
8.0
77.4
75.1
70.9
*
6.9
2.6
46.1
48.6
50.1
37.3
1.3
2.8
6.8
6.9
82.4
65.4
Percentiles of income
Less than 20
20-39.9
40-59.9
60-79.9
80-89.9
90-100
Age of head (years)
Less than 35
35-44
45-54
55-64
65-74
75 or more
Family structure
Single with child(ren)
Single, no child, age less than 55
Single, no child, age 55 or more
Couple with child(ren)
Couple, no child
Education of head
No high school diploma
High school diploma
Some college
College degree
Race or ethnicity of respondent
White non-Hispanic
Nonwhite or Hispanic
Current work status of head
Working for someone else
Self-employed
Retired
Other not working
Current occupation of head
Managerial or professional
Technical, sales, or services
Other occupation
Retired or other not working
Region
Northeast
Midwest
South
West
Urbanicity
Metropolitan statistical area (MSA)
Non-MSA
Housing status
Owner
Renter or other
Percentiles of net worth
Less than 25
11.0
*
54.2
41.0
2.6
6.7
25-49.9
56.2
3.2
52.2
52.9
1.3
8.2
50-74.9
64.4
4.9
46.2
51.7
1.6
7.4
75-89.9
63.7
8.5
39.7
44.0
1.5
3.8
90-100
62.3
21.8
28.2
30.7
1.5
6.8
* Ten or fewer observations.
Note: For questions on income, respondents were asked to base their answers on the calendar year preceding the interview. For questions on saving,
respondents were asked to base their answers on the twelve months preceding the interview.
Percentage distributions may not sum to 100 because of rounding. See the appendix for details on standard errors and for definitions of family and family
head.
Source: The Federal Reserve Board, 2007 Survey of Consumer Finance (July 19, 2012).
68.8
82.5
80.3
76.8
76.1
5-Feb-14
Family Holdings of Debt: Percentage of Families Holding Debt,
by Selected Characteristics of Families and Type of Debt, 2004
Secured by residential property
Family characteristic
All families
Primary
residence
Other
Installment
loans
Credit card
balances
Lines of credit
not secured by
residential
property
Other
Any
debt
47.9
4.0
46.0
46.2
1.6
7.6
76.4
15.9
29.6
51.6
65.8
76.8
76.2
*
1.5
2.6
4.1
7.6
15.4
26.9
39.8
52.5
57.9
60.0
45.7
28.8
42.9
55.1
56.1
57.6
38.5
*
1.5
1.8
1.8
2.6
2.5
4.6
5.8
8.0
8.3
12.2
10.6
52.6
69.8
84.0
86.6
91.9
86.3
37.7
62.8
64.6
51.0
32.1
18.7
2.1
4.0
6.3
5.9
3.2
1.5
59.4
55.7
50.2
42.8
27.5
13.9
47.5
58.8
54.0
42.1
31.9
23.5
2.2
1.5
2.9
0.7
0.4
*
6.2
11.3
9.4
8.4
4.0
2.5
79.8
88.6
88.4
76.3
58.8
40.3
43.7
32.8
22.2
68.4
48.2
1.6
3.6
2.5
5.1
5.0
44.4
45.6
20.3
61.0
43.2
48.6
47.6
27.8
56.7
41.8
*
1.9
*
2.1
1.7
6.1
8.4
5.1
10.2
6.2
77.9
77.8
47.9
90.1
74.3
24.8
42.2
48.7
61.3
*
2.2
4.7
6.7
28.0
44.3
55.3
49.9
29.5
48.2
54.4
47.0
*
1.8
1.8
1.7
5.7
5.9
10.3
8.5
53.4
73.2
84.2
84.3
51.9
37.4
4.4
3.0
47.0
43.2
46.0
46.7
1.7
1.1
7.8
7.3
78.0
72.5
56.1
59.5
24.6
30.3
4.1
10.2
1.2
*
55.7
43.5
22.8
45.6
54.9
44.3
25.9
41.0
1.9
3.0
*
*
9.8
5.8
3.9
*
86.1
81.5
50.7
70.4
67.7
45.7
53.4
25.5
7.8
3.4
3.2
1.3
52.4
52.5
56.6
26.3
50.8
54.2
55.2
28.2
1.8
2.4
2.1
*
10.2
7.5
9.6
3.6
89.3
81.5
84.0
53.7
47.4
51.9
45.2
48.7
3.5
4.1
3.2
5.8
42.4
49.9
44.2
47.9
46.6
44.7
46.0
47.5
1.1
1.6
1.6
1.8
7.8
8.6
6.5
8.4
76.3
75.4
75.0
79.9
49.0
42.5
4.4
2.0
45.4
48.6
46.9
42.8
1.6
1.6
7.9
6.4
76.8
74.7
69.4
*
5.1
1.7
46.6
44.6
48.8
40.4
1.3
2.1
7.7
7.3
82.3
63.4
Percentiles of income
Less than 20
20-39.9
40-59.9
60-79.9
80-89.9
90-100
Age of head (years)
Less than 35
35-44
45-54
55-64
65-74
75 or more
Family structure
Single with child(ren)
Single, no child, age less than 55
Single, no child, age 55 or more
Couple with child(ren)
Couple, no child
Education of head
No high school diploma
High school diploma
Some college
College degree
Race or ethnicity of respondent
White non-Hispanic
Nonwhite or Hispanic
Current work status of head
Working for someone else
Self-employed
Retired
Other not working
Current occupation of head
Managerial or professional
Technical, sales, or services
Other occupation
Retired or other not working
Region
Northeast
Midwest
South
West
Urbanicity
Metropolitan statistical area (MSA)
Non-MSA
Housing status
Owner
Renter or other
Percentiles of net worth
Less than 25
12.3
*
47.5
40.3
1.3
6.2
25-49.9
52.8
1.4
52.4
58.0
1.7
9.4
50-74.9
66.1
4.5
49.0
52.9
1.9
6.9
75-89.9
61.6
5.8
40.4
40.3
1.3
7.2
90-100
58.5
16.6
27.2
23.5
1.5
9.1
* Ten or fewer observations.
Note: For questions on income, respondents were asked to base their answers on the calendar year preceding the interview. For questions on saving,
respondents were asked to base their answers on the twelve months preceding the interview.
Percentage distributions may not sum to 100 because of rounding. See the appendix for details on standard errors and for definitions of family and family
head.
Source: The Federal Reserve Board, 2004 Survey of Consumer Finance (July 19, 2012).
64.9
83.8
83.2
74.6
72.7
5-Feb-14
Family Holdings of Debt: Percentage of Families Holding Debt,
by Selected Characteristics of Families and Type of Debt, 2001
Secured by residential property
Family characteristic
All families
Primary
residence
Other
Installment
loans
Credit card
balances
Lines of credit
not secured by
residential
property
Other
Any
debt
44.6
4.6
45.2
44.4
1.5
7.2
75.1
13.8
27.0
44.4
61.8
76.9
75.4
*
1.8
3.2
5.3
10.3
14.2
25.5
43.2
51.9
56.7
55.7
41.2
30.3
44.5
52.8
52.6
50.3
33.1
1.3
1.5
1.5
1.5
2.6
1.4
5.9
5.6
7.7
7.7
9.3
8.8
49.3
70.2
82.1
85.6
91.4
85.3
35.7
59.6
59.8
49.0
32.0
9.5
2.7
4.9
6.4
7.4
3.4
2.0
63.8
57.1
45.9
39.3
21.1
9.5
49.6
54.1
50.4
41.6
30.0
18.4
1.7
1.7
1.5
3.1
*
*
8.8
8.0
7.4
7.4
5.0
3.6
82.7
88.6
84.6
75.4
56.8
29.2
35.5
25.8
19.3
67.8
44.7
2.4
2.7
3.0
6.8
4.8
48.7
46.2
15.3
60.9
40.0
48.1
47.8
27.1
52.4
40.5
*
2.6
*
1.3
1.3
7.6
7.9
5.8
8.8
5.6
73.6
76.7
43.3
90.4
72.9
26.3
40.5
44.8
57.0
1.4
2.9
4.5
7.7
29.2
47.5
49.8
48.0
30.0
46.4
55.2
43.4
*
1.4
3.0
1.4
5.7
7.9
6.4
7.6
55.8
73.9
80.6
82.4
47.6
35.6
5.3
2.4
45.4
44.4
43.3
47.6
1.7
1.2
7.4
6.5
75.8
73.0
52.5
59.1
19.6
28.3
5.3
7.3
1.9
*
57.0
39.8
17.1
41.9
53.2
42.8
24.0
32.6
1.4
3.5
*
*
8.2
8.1
4.4
6.2
86.5
81.7
44.1
62.5
63.0
45.7
50.3
21.0
9.2
3.5
3.3
2.0
49.6
56.3
57.6
21.2
47.3
55.7
52.3
25.4
1.9
2.4
*
1.0
7.7
7.9
9.0
4.7
88.4
83.6
84.6
47.1
38.1
50.9
46.6
40.4
4.9
4.5
4.3
4.8
35.0
48.2
49.7
43.3
39.7
43.9
44.7
48.4
*
1.7
1.3
2.5
6.7
7.4
6.5
8.7
67.0
77.5
76.8
76.9
45.5
39.4
4.7
3.6
44.6
48.4
44.8
41.9
1.3
2.9
6.9
9.2
75.8
70.9
66.0
*
5.8
2.0
45.5
44.5
44.4
44.3
1.0
2.8
6.9
7.8
79.9
65.0
Percentiles of income
Less than 20
20-39.9
40-59.9
60-79.9
80-89.9
90-100
Age of head (years)
Less than 35
35-44
45-54
55-64
65-74
75 or more
Family structure
Single with child(ren)
Single, no child, age less than 55
Single, no child, age 55 or more
Couple with child(ren)
Couple, no child
Education of head
No high school diploma
High school diploma
Some college
College degree
Race or ethnicity of respondent
White non-Hispanic
Nonwhite or Hispanic
Current work status of head
Working for someone else
Self-employed
Retired
Other not working
Current occupation of head
Managerial or professional
Technical, sales, or services
Other occupation
Retired or other not working
Region
Northeast
Midwest
South
West
Urbanicity
Metropolitan statistical area (MSA)
Non-MSA
Housing status
Owner
Renter or other
Percentiles of net worth
Less than 25
11.1
*
48.9
45.4
2.5
8.3
25-49.9
49.6
2.0
51.1
54.9
1.2
7.2
50-74.9
59.3
5.5
48.3
44.9
*
7.1
75-89.9
60.9
7.6
37.2
39.0
*
4.9
90-100
55.0
14.2
25.1
22.1
2.1
8.2
* Ten or fewer observations.
Note: For questions on income, respondents were asked to base their answers on the calendar year preceding the interview. For questions on saving,
respondents were asked to base their answers on the twelve months preceding the interview.
Percentage distributions may not sum to 100 because of rounding. See the appendix for details on standard errors and for definitions of family and family
head.
Source: The Federal Reserve Board, 2001 Survey of Consumer Finance (July 19, 2012).
68.7
80.9
78.0
75.0
69.7
5-Feb-14
Family Holdings of Debt: Percentage of Families Holding Debt,
by Selected Characteristics of Families and Type of Debt, 1998
Secured by residential property
Family characteristic
All families
Primary
residence
Other
Installment
loans
Credit card
balances
Lines of credit
not secured by
residential
property
Other
Any
debt
43.1
5.0
43.7
44.1
2.3
8.8
74.1
11.2
23.9
43.7
63.5
73.6
73.0
*
2.0
4.1
6.7
7.8
15.3
27.3
36.7
51.2
51.6
58.4
45.4
24.5
40.9
50.1
57.4
53.1
42.1
*
1.7
2.7
2.9
4.5
2.5
5.5
6.2
7.8
11.3
12.1
13.9
47.3
66.8
79.9
87.3
89.6
88.1
33.2
58.7
58.8
49.4
26.0
11.5
1.8
6.6
6.7
7.8
5.1
1.8
60.0
53.3
51.2
37.9
20.2
4.2
50.7
51.3
52.5
45.7
29.2
11.2
2.4
3.6
3.6
1.6
*
*
9.6
11.4
11.1
8.3
4.1
2.0
81.2
87.6
87.0
76.4
51.4
24.6
29.2
25.0
18.4
67.1
43.5
*
4.4
2.6
5.6
7.2
43.2
46.1
11.6
59.0
40.3
38.0
46.9
21.1
55.8
42.4
*
2.2
*
2.9
2.9
7.8
10.0
2.4
11.9
7.8
70.9
76.3
38.2
91.0
71.7
21.8
39.8
46.6
54.9
*
3.7
5.4
7.9
30.6
43.0
49.4
47.9
28.5
43.0
53.2
47.9
*
1.9
2.8
3.0
6.9
8.5
9.3
9.7
52.9
69.7
82.0
84.3
46.8
31.0
5.3
4.0
44.2
42.3
44.3
43.5
2.5
1.8
8.8
8.5
74.8
71.5
50.8
63.1
18.7
26.4
5.1
10.7
3.1
*
55.2
46.3
15.9
38.7
53.5
47.5
21.0
38.7
2.7
3.7
*
*
10.8
10.7
3.3
7.5
86.8
84.6
39.9
65.5
61.1
44.2
51.8
20.1
7.7
5.7
4.7
2.6
51.2
52.4
57.3
19.8
53.3
52.2
52.0
24.0
4.2
1.8
2.7
0.9
10.9
10.1
11.2
4.0
90.1
82.8
86.0
44.4
45.5
45.5
40.3
43.0
5.5
3.6
5.0
6.1
36.1
44.2
48.7
41.8
38.7
40.2
46.1
49.9
2.2
2.0
2.4
2.7
7.9
10.0
8.8
8.1
69.8
71.9
74.3
79.8
44.1
37.5
5.3
3.4
43.0
48.2
44.7
40.4
2.2
3.2
9.0
7.3
75.4
66.1
65.1
*
6.2
2.7
44.3
42.7
46.2
40.0
1.8
3.4
9.3
7.8
79.4
63.5
Percentiles of income
Less than 20
20-39.9
40-59.9
60-79.9
80-89.9
90-100
Age of head (years)
Less than 35
35-44
45-54
55-64
65-74
75 or more
Family structure
Single with child(ren)
Single, no child, age less than 55
Single, no child, age 55 or more
Couple with child(ren)
Couple, no child
Education of head
No high school diploma
High school diploma
Some college
College degree
Race or ethnicity of respondent
White non-Hispanic
Nonwhite or Hispanic
Current work status of head
Working for someone else
Self-employed
Retired
Other not working
Current occupation of head
Managerial or professional
Technical, sales, or services
Other occupation
Retired or other not working
Region
Northeast
Midwest
South
West
Urbanicity
Metropolitan statistical area (MSA)
Non-MSA
Housing status
Owner
Renter or other
Percentiles of net worth
Less than 25
11.2
*
47.2
39.5
2.8
9.3
25-49.9
47.4
3.2
49.9
54.8
2.5
9.2
50-74.9
56.2
4.8
46.3
48.7
1.7
7.7
75-89.9
56.8
8.9
34.4
36.7
2.0
7.6
90-100
59.1
14.8
27.3
28.4
2.6
10.8
* Ten or fewer observations.
Note: For questions on income, respondents were asked to base their answers on the calendar year preceding the interview. For questions on saving,
respondents were asked to base their answers on the twelve months preceding the interview.
Percentage distributions may not sum to 100 because of rounding. See the appendix for details on standard errors and for definitions of family and family
head.
Source: The Federal Reserve Board, 1998 Survey of Consumer Finance (July 19, 2012).
65.6
81.3
76.8
70.1
76.0
5-Feb-14
Family Holdings of Debt: Percentage of Families Holding Debt,
by Selected Characteristics of Families and Type of Debt, 1995
Secured by residential property
Family characteristic
All families
Primary
residence
Other
Installment
loans
Credit card
balances
Lines of credit
not secured by
residential
property
Other
Any
debt
41.0
4.7
46.0
47.3
1.9
8.5
74.5
10.4
25.9
38.2
59.1
69.8
72.9
1.3
1.6
3.1
5.1
7.9
17.2
27.4
40.3
49.5
60.2
60.4
44.5
26.0
43.2
52.9
60.0
61.0
47.3
*
*
2.2
2.4
3.8
3.9
6.8
7.9
7.8
9.0
8.2
13.5
49.2
68.6
79.4
87.4
90.2
86.1
33.0
54.3
61.8
45.2
24.7
6.8
2.1
4.9
8.4
8.3
3.5
1.0
62.5
59.8
53.3
34.8
16.5
8.8
54.7
55.9
56.4
43.2
30.5
17.5
2.7
2.1
2.2
1.7
1.3
*
7.4
10.5
13.0
7.8
5.4
2.9
83.5
87.0
86.3
73.7
53.4
28.4
32.2
27.2
12.4
63.5
40.9
1.8
3.1
1.9
6.6
6.2
46.4
48.4
15.2
63.6
39.0
43.9
48.4
25.1
60.9
43.3
*
2.7
*
2.2
1.8
9.6
10.6
4.3
9.8
7.3
74.4
78.6
41.5
89.2
71.6
23.5
40.1
39.2
53.5
2.8
3.9
4.2
7.0
32.6
46.7
52.2
49.3
32.4
49.8
54.9
48.9
*
1.2
2.3
3.1
5.4
8.3
10.7
9.2
54.6
74.7
81.1
82.2
44.1
30.2
5.1
3.5
46.1
45.3
47.1
48.0
2.1
*
8.5
8.5
75.4
71.6
51.2
51.6
18.7
17.9
5.4
8.1
2.4
*
58.6
45.6
18.3
40.3
58.0
45.3
25.9
36.8
2.3
3.6
*
*
9.9
8.8
4.6
9.7
87.4
81.2
44.9
62.9
61.0
46.3
48.3
18.6
9.2
3.7
5.1
2.3
54.0
54.2
61.1
22.7
51.8
56.3
59.3
28.1
4.1
2.2
1.5
*
10.3
10.5
8.6
5.6
87.7
85.2
86.6
48.6
37.3
44.9
39.5
42.4
5.5
3.8
4.5
5.3
44.5
48.4
47.2
42.5
43.9
46.4
48.0
50.2
1.9
1.6
1.8
2.4
9.8
7.4
8.5
8.4
71.9
73.3
76.2
75.6
41.9
35.8
5.0
3.1
46.5
42.8
48.5
39.9
2.0
1.4
8.5
8.2
75.7
67.4
63.3
*
5.8
2.7
45.4
46.9
51.1
40.3
1.5
2.6
8.0
9.4
79.6
65.3
Percentiles of income
Less than 20
20-39.9
40-59.9
60-79.9
80-89.9
90-100
Age of head (years)
Less than 35
35-44
45-54
55-64
65-74
75 or more
Family structure
Single with child(ren)
Single, no child, age less than 55
Single, no child, age 55 or more
Couple with child(ren)
Couple, no child
Education of head
No high school diploma
High school diploma
Some college
College degree
Race or ethnicity of respondent
White non-Hispanic
Nonwhite or Hispanic
Current work status of head
Working for someone else
Self-employed
Retired
Other not working
Current occupation of head
Managerial or professional
Technical, sales, or services
Other occupation
Retired or other not working
Region
Northeast
Midwest
South
West
Urbanicity
Metropolitan statistical area (MSA)
Non-MSA
Housing status
Owner
Renter or other
Percentiles of net worth
Less than 25
9.4
*
48.8
41.5
2.4
9.6
25-49.9
47.6
2.5
54.9
55.4
2.1
9.4
50-74.9
55.5
3.3
47.3
57.3
1.3
7.0
75-89.9
49.3
8.0
36.2
39.5
*
8.2
90-100
54.6
18.7
27.9
27.9
3.2
7.3
* Ten or fewer observations.
Note: For questions on income, respondents were asked to base their answers on the calendar year preceding the interview. For questions on saving,
respondents were asked to base their answers on the twelve months preceding the interview.
Percentage distributions may not sum to 100 because of rounding. See the appendix for details on standard errors and for definitions of family and family
head.
Source: The Federal Reserve Board, 1995 Survey of Consumer Finance (July 19, 2012).
66.5
81.4
79.5
70.5
70.8
5-Feb-14
Family Holdings of Debt: Percentage of Families Holding Debt,
by Selected Characteristics of Families and Type of Debt, 1992
Secured by residential property
Family characteristic
All families
Primary
residence
Other
Installment
loans
Credit card
balances
Lines of credit
not secured by
residential
property
Other
Any
debt
39.1
5.7
46.0
43.7
2.3
8.4
73.2
10.4
21.2
36.1
56.8
67.3
74.7
*
*
4.0
5.7
9.8
22.4
31.2
42.2
54.7
54.0
55.1
40.7
23.4
41.9
51.9
55.6
53.6
37.9
*
*
2.2
2.9
5.0
4.3
4.5
6.0
9.2
9.6
9.2
16.0
48.9
65.8
79.1
84.8
87.5
87.4
30.9
55.5
61.4
40.8
18.5
8.6
3.0
7.1
9.3
9.9
3.1
0.7
61.7
57.8
49.9
38.8
22.9
8.3
51.8
50.9
48.9
37.2
32.1
20.1
2.8
3.3
2.6
1.6
1.0
*
6.4
11.5
10.4
9.6
6.0
4.4
81.5
86.3
85.4
70.1
51.4
31.6
29.0
25.9
13.6
63.7
35.5
2.5
4.3
1.7
7.1
8.6
51.5
48.6
15.3
60.6
41.4
43.3
41.0
25.2
56.0
40.8
*
2.3
*
2.8
3.1
7.7
7.7
3.7
10.7
9.0
75.6
72.7
39.9
91.0
69.6
18.4
36.5
42.5
52.9
1.6
2.8
5.4
11.1
32.4
48.6
47.6
51.3
27.4
46.7
49.4
48.0
*
1.5
3.5
3.6
6.2
7.9
7.4
10.8
52.7
73.8
78.2
83.0
42.8
27.8
6.4
3.3
46.3
45.1
44.2
42.1
2.6
1.6
8.2
9.1
74.3
70.1
48.6
58.9
16.9
20.1
6.2
12.8
2.6
2.6
58.2
47.9
21.1
41.3
53.9
47.5
25.3
29.2
3.1
3.7
*
*
9.4
12.4
5.2
6.4
85.6
85.1
45.1
64.3
59.8
45.4
45.8
17.6
11.4
5.3
5.0
2.6
55.3
55.0
59.5
25.9
51.3
54.1
53.0
26.2
4.7
2.7
2.1
0.8
12.4
7.7
9.8
5.5
88.7
85.8
81.7
49.7
42.0
39.7
36.7
39.6
4.4
5.9
4.7
8.2
38.3
49.0
48.5
45.6
41.7
42.1
45.2
45.0
2.2
1.7
1.8
4.1
6.8
9.7
7.3
10.3
70.5
72.5
73.3
76.6
41.2
29.9
6.2
3.1
46.2
45.1
44.0
42.5
2.6
*
8.3
8.8
74.4
67.9
61.2
*
6.9
3.4
44.3
48.9
46.6
38.6
2.0
2.9
9.1
7.1
78.5
64.0
Percentiles of income
Less than 20
20-39.9
40-59.9
60-79.9
80-89.9
90-100
Age of head (years)
Less than 35
35-44
45-54
55-64
65-74
75 or more
Family structure
Single with child(ren)
Single, no child, age less than 55
Single, no child, age 55 or more
Couple with child(ren)
Couple, no child
Education of head
No high school diploma
High school diploma
Some college
College degree
Race or ethnicity of respondent
White non-Hispanic
Nonwhite or Hispanic
Current work status of head
Working for someone else
Self-employed
Retired
Other not working
Current occupation of head
Managerial or professional
Technical, sales, or services
Other occupation
Retired or other not working
Region
Northeast
Midwest
South
West
Urbanicity
Metropolitan statistical area (MSA)
Non-MSA
Housing status
Owner
Renter or other
Percentiles of net worth
Less than 25
7.9
*
52.1
38.7
2.4
7.7
25-49.9
42.8
2.7
56.6
52.6
1.9
8.3
50-74.9
52.8
4.9
44.8
49.6
2.2
7.2
75-89.9
51.1
9.8
33.7
39.3
2.8
7.9
90-100
55.6
20.7
25.5
25.9
3.2
14.1
* Ten or fewer observations.
Note: For questions on income, respondents were asked to base their answers on the calendar year preceding the interview. For questions on saving,
respondents were asked to base their answers on the twelve months preceding the interview.
Percentage distributions may not sum to 100 because of rounding. See the appendix for details on standard errors and for definitions of family and family
head.
Source: The Federal Reserve Board, 1992 Survey of Consumer Finance (July 19, 2012).
64.8
79.3
77.3
71.3
72.0
5-Feb-14
Family Holdings of Debt: Percentage of Families Holding Debt,
by Selected Characteristics of Families and Type of Debt, 1989
Secured by residential property
Family characteristic
All families
Primary
residence
Other
Installment
loans
Credit card
balances
Lines of credit
not secured by
residential
property
Other
Any
debt
39.5
5.1
49.5
39.7
3.2
6.7
72.3
7.6
23.4
37.8
56.4
70.0
74.2
*
*
3.3
5.5
10.7
19.3
32.9
40.4
54.1
63.8
63.7
48.6
15.3
27.6
48.9
57.3
58.3
40.5
*
*
*
4.3
8.5
5.8
5.9
5.2
4.9
5.9
7.9
14.9
47.1
59.5
78.1
86.2
93.7
87.6
34.9
57.9
58.3
37.0
21.7
6.3
1.6
7.0
10.7
7.4
4.0
*
60.8
67.6
59.3
38.5
21.5
9.8
44.5
50.5
49.3
32.9
27.2
10.1
4.4
4.7
4.0
1.5
*
*
6.1
8.5
9.4
8.1
3.3
1.9
80.0
88.6
85.3
70.8
49.6
21.0
30.8
19.6
15.0
63.3
35.7
3.5
2.4
1.9
6.4
8.0
50.5
51.8
16.8
66.1
42.5
35.6
34.9
19.9
53.8
35.5
*
4.7
*
3.7
3.7
5.6
4.9
1.6
8.8
8.4
71.0
70.7
37.2
91.5
66.7
22.6
35.4
47.9
54.2
1.4
4.3
5.0
9.4
38.7
50.4
57.5
53.2
23.7
40.8
50.8
46.1
*
2.6
4.2
5.0
3.1
5.5
7.4
10.7
55.6
70.3
82.7
83.3
43.0
28.9
5.7
3.3
49.4
49.7
41.5
34.4
3.0
3.5
7.2
5.1
73.3
69.4
49.8
49.8
16.7
19.9
5.8
8.6
2.8
*
61.7
54.0
21.9
41.1
53.4
29.4
18.3
20.6
4.6
4.4
*
*
7.5
10.7
3.3
*
86.4
80.1
40.2
59.9
61.2
43.0
46.0
17.3
10.9
4.7
3.5
2.7
60.9
59.1
61.4
25.9
53.6
49.8
45.4
18.8
4.7
6.4
2.8
*
10.8
5.0
8.3
3.7
90.9
82.1
83.5
44.3
37.8
40.2
37.4
43.9
3.6
4.7
5.3
6.9
45.2
45.5
55.5
48.5
38.1
37.5
38.5
46.0
2.1
2.6
2.5
6.0
5.8
8.0
6.1
7.0
69.0
68.3
73.4
78.6
41.0
33.0
5.0
5.5
49.0
51.6
41.6
31.4
3.5
1.5
6.6
6.9
73.8
65.9
61.8
*
6.7
2.3
50.8
47.0
43.9
32.2
2.8
3.9
6.8
6.4
78.3
61.8
Percentiles of income
Less than 20
20-39.9
40-59.9
60-79.9
80-89.9
90-100
Age of head (years)
Less than 35
35-44
45-54
55-64
65-74
75 or more
Family structure
Single with child(ren)
Single, no child, age less than 55
Single, no child, age 55 or more
Couple with child(ren)
Couple, no child
Education of head
No high school diploma
High school diploma
Some college
College degree
Race or ethnicity of respondent
White non-Hispanic
Nonwhite or Hispanic
Current work status of head
Working for someone else
Self-employed
Retired
Other not working
Current occupation of head
Managerial or professional
Technical, sales, or services
Other occupation
Retired or other not working
Region
Northeast
Midwest
South
West
Urbanicity
Metropolitan statistical area (MSA)
Non-MSA
Housing status
Owner
Renter or other
Percentiles of net worth
Less than 25
5.3
*
49.1
27.6
3.3
7.6
25-49.9
39.7
1.6
58.2
48.2
3.4
3.5
50-74.9
57.7
4.4
52.9
49.3
2.6
5.1
75-89.9
60.1
9.4
41.2
43.4
2.6
8.7
90-100
47.8
20.1
32.3
19.1
4.4
12.9
* Ten or fewer observations.
Note: For questions on income, respondents were asked to base their answers on the calendar year preceding the interview. For questions on saving,
respondents were asked to base their answers on the twelve months preceding the interview.
Percentage distributions may not sum to 100 because of rounding. See the appendix for details on standard errors and for definitions of family and family
head.
Source: The Federal Reserve Board, 1989 Survey of Consumer Finance (July 19, 2012).
60.7
78.1
77.3
76.0
68.7