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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% 8.40% 32.0%
1983 15.5 12.22 27.7
1989 17.9 11.32 29.2
1998 18.0 10.50 28.5
2001 17.6 10.46 28.0
2007 18.6 9.62 28.2
2010 22.5 12.61 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)

Updated August 20, 2012

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See note to Table 6.1.

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