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Money in your 30s |
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What you have | Amount |
| Median net worth | $44,200 | | Median net worth of top 25% | $128,100 | | Median net worth of top 10% | $317,800 | | Median income | $48,263 | | Life expectancy* | 70-72.9 | | Children in household | 67.6% |
| Homeownership | 60.3% | | Median value of home | $150,000 | | Own a car or cars | 88.10% | | Median value of vehicle(s) | $13,000 | | What you owe | | | Households with debt | 87.0% | | Median total debt | $86,000 |
| % carrying credit card debt | 55.00% | | Median balance | $2,000 | | % carrying student loans | 21.2% | | Median amount owed | $13,000 | | % carrying installment loans | 61.4% | | Median amount owed | $12,000 | | % with a mortgage | 55.9% | | Median amount owed | $112,000 | | Households on the edge | | | Negative net worth | 11.1% |
| 60 days late on a bill | 11.8% | | Owe $10,000 or more on credit cards | 8.4% | | No health insurance | 21.4% | | Your future | | | Households with a pension | 20.6% |
| 401(k) or IRA | 53.4% |
| Median value of accounts | $17,000 | |
Money in your 40sWhat you have | Amount | |
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Median net worth | $117,800 | | Median net worth of top 25% | $338,100 | | Median net worth of top 10% | $719,800 | | Median income | $57,505 | | Life expectancy* | 79.5 years |
| Children in household | 67.6% | | Homeownership | 74.3% | | Median value of home | $175,000 | | Own a car or cars | 89.5% | | Median value of vehicle(s) | $18,100 |
| | What you owe | Households with debt | 88.4% | | Median total debt | $92,000 | | | % carrying credit card debt | 56.3% | | Median balance | $2,900 | | | % carrying student loans | 13.1% | | Median amount owed | $8,000 | | | % carrying installment loans | 52.1% | | Median amount owed | $12,000 | | | % with a mortgage | 64.5% | | Median amount owed | $102,000 | | | Households on the edge | Negative net worth | 7.5% | | 60 days late on a bill | 7.9% | | Owe $10,000 or more on credit cards | 10.7% | | No health insurance | 18.7%** | | | Your future | Households with a pension | 28.8% | | 401(k) or IRA | 59.0% | | Median value of accounts | $40,000 | | | | FINANCIAL SNAPSHOT: AGES 50-59 | |
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Median household income | $60,586 | Median net worth | $182,300 | Percent with home equity | 80.70% | Percent with credit card debt | 50.30% | Median amount owed on cards | $2,700 | Percent with traditional pensions | 38.10% | Percent with minor children | 40.30% |
Source: Federal Reserve's 2004 Survey of Consumer Reports *Life expectancy from National Center for Health Statistics, 2006
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