Household Net Worth by Quintile, ’62-’09 (Be Prepared to Scroll)

November 10th, 2011
  1. horn
    July 19th, 2012 at 13:04 | #1

    Most of the data from the source is wrong, except for when they directly quote [and not massage] the data from the Fed’s FoF report [or other Fed sources], issued Qtly.


    ‘Most noticeably, median incomes moved higher for retirees and other nonworking families. … The decline in mean income was even more widespread than the decline
    in median income, with virtually all demographic groups experiencing a decline between
    2007 and 2010; the decline in the mean was most pronounced in the top 10 percent of the income distribution and for higher education or wealth groups.’

  2. horn
    July 19th, 2012 at 14:00 | #2

    Avg Net Worth change 2007-2010 — {ibid}

    Lowest quintile +5.9% [plus 5.9 percent]
    2nd Lowest: -9.5%

    Middle quintile: -9.55%
    2nd highest: -25.4%

    80-89.9% decile: -11.2%
    90-100% decile: -15.3% [minus 15.3%]

    Using the Fed’s actual data, instead of…imputed + massaged guesstimates gives you a different answer.

  3. March 6th, 2014 at 09:27 | #3


    07-10 is a decidedly skewed sample in the long-term picture.

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