Dataset

Financial Debt Held by Families by Type of Debt: 1992 to 2004

Added By Infochimps

The Statistical Abstract files are distributed by the US Census Department as Microsoft Excel files. These files have data mixed with notes and references, multiple tables per sheet, and, worst of all, the table headers are not easily matched to their rows and columns.

A few files had extraneous characters in the title. These were corrected to be consistent. A few files have a sheet of crufty gibberish in the first slot. The sheet order was shuffled but no data were changed.

The tables that were changed (this is table 1142):

0166 0257 0362 0429 0445 0446 0459 0461 0462 0464 0465 0466 0467
0469 0479 0480 0481 0482 0483 0484 0485 0486 0487 0559 0628 0629
1144 1227 1231

This dataset consists of a table of 89 rows and 9 columns.

Median debt in thousands of constant 2004 dollars (21.2 represents $21,200). All dollar figures are adjusted to 2004 dollars using the “current methods” version of the consumer price index for all urban consumers published by U.S. Bureau of Labor Statistics. Families include one-person units; for definition of family, see text, section 1. Based on Survey of Consumer Finance; see Appendix III. For definition of median, see Guide to Tabular Presentation

Footnotes

  1. First and second mortgages and home equity loans and lines of credit secured
    by the primary residence.
    a Consumer loans that typically have fixed payments and a fixed term.
    Examples are automobile loans, student loans, and loans for furniture, appliances,
    and other durable consumer goods.
  2. Families that had an outstanding balance on any of their credit cards after paying
    their most recent bills.
    Covers bank-type cards (such as Visa, Mastercard, Discover, and Optima), store
    and gasoline company cards, so-called travel and entertainment cards (such as
    American Express and Diners Club), and other credit cards.
  3. Includes loans on insurance policies, loans against pension accounts, borrowing on
    margin accounts and unclassified loans.
  4. Percentiles of income distribution in 2004 dollars:
    20th: $18,900; 40th: $33,900; 60th: $53,600; 80th: $89,300; 90th: $129,400.
    Percentiles of distribution of net worth in 2004 dollars:
    25th: $13,300; 50th: $93,100; 75th: $328,500; 90th: $831,600.
    Percentile: A value on a scale of zero to 100 that indicates the percent of a
    distribution that is equal to or below it. For example, a family with income/net worth in
    the 80th percentile has income/net worth equal to or better than 80 percent
    of all other families.
  5. Median amount of financial debt for families holding such debts.

License

Public Domain (Government Work)

This dataset was prepared by the government and is therefore in the public domain. There are no restrictions upon its use.