Numbers, Facts and Trends Shaping Your World

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    Chapter 6: A Profile of the Modern Military

    Today’s military is smaller, older, more diverse and more likely to be married than the force that served a generation or two ago. A larger proportion of minorities and women serve as officers and enlisted personnel. Proportionately fewer high school dropouts and more college graduates fill the enlisted ranks. Since the military draft was abolished […]

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    Chapter 7: Trends in Household Wealth, 1984 to 2009

    Estimates of household wealth by race and ethnicity from SIPP are available starting in 1984. The time series is not entirely consistent because of a redesign of the SIPP panel in 1996 and changes to the racial identity question in 2004.[18. numoffset=”18″ See Orzechowski and Sepielli (2003) for more on the SIPP redesign. The racial […]

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    Chapter 2: Household Wealth

    Adjusted for inflation,[8. numoffset=”8″ Unless otherwise stated, all data in this report are expressed in 2009 dollars.] the median wealth, or net worth, of U.S. households fell from $96,894 in 2005 to $70,000 in 2009, a drop of 28%. The precipitous decline in wealth was not evenly distributed across groups. Minority households—Hispanics, blacks and Asians—experienced […]

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    Hispanic Household Wealth Fell by 66% from 2005 to 2009

    Median household wealth among Hispanics fell from $18,359 in 2005 to $6,235 in 2009—a 66% decline. This was larger than the decrease for black households (53%) and white households (16%), according to an analysis of newly-available Census Bureau data by the Pew Research Center’s Social & Demographic Trends project.

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    Chapter 5: Which Assets are Most Important?

    Chapter 5: Which Assets are Most Important? The importance of an asset to household wealth depends on its prevalence and its value. For that reason, homeownership plays a central role for most households—it is a high value asset, and most U.S. households own their homes. The diversity of a portfolio also matters. Although Hispanics and […]

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    Mormons and Civic Life

    With a Mormon candidate in the race for the 2012 GOP presidential nomination, there has been intense media, academic and public interest in Mormons and their religion. The Pew Forum recently held a roundtable discussion with journalists, scholars and policy experts on some of the latest research on Mormons and their place in American society and public life.

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    Chapter 3: Net Worth by Type of Asset

    The net worth of a household depends on the types of assets it owns, the value of those assets and the claims on those assets. For example, the typical American household owns a home. The market price of that home determines its value but it may have a claim against it in the form of […]

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    Chapter 8: Wealth Gaps Within Racial and Ethnic Groups

    Just as the wealth gap between whites, Hispanics and blacks expanded in favor of whites during the time period under study, it also widened in favor of the wealthiest within each racial and ethnic group. The share of total wealth held by the top 10% of households in the wealth rankings increased from 2005 to […]