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For a range of Household Wealth categories
(net worth/assets/debt), this report
compares the wealth patterns in an area
to those of the US overall. An Area
Index is calculated for each net worth,
asset , and debt variable which measures
how the Household Wealth in the area
differs from what would be expected
based on the US average. |
This
report offers valuable insight into any
extraordinary and/or unusual Household Wealth
characteristics and/or patterns in an area.
The
report includes a range of Household Wealth
variables across several standard categories:
- Household
and Disposable Income
- Household
Net Worth
- Household
Asset* Penetration
- Aggregate
Value of Household Assets*
- Average
Value of Household Assets*
- Household
Debt** Penetration
- Aggregate
Value of Household Debts**
- Average
Value of Household Debts**
*Assets
Include: Transaction Accounts; Certificates
of Deposit; Savings Bonds; Bonds; Stocks;
Mutual Funds; Retirement Accounts; Life
Insurance with Cash Value; Other Managed
Assets; Other Financial Assets; Vehicle
Assets; Primary Residence; Investment Real
Estate; Business Assets; and Other Non-Financial
Assets.
**Debts
Include: Mortgages; Installment Payments;
Other Line of Credit; Credit Cards; Investment
Real Estate; and Other Debt. |
