---
title: "Chapter 6: Business Ownership"
description: "In addition to homeownership, Americans have considerable stakes in private businesses.[6. numoffset=”6″ In 2010 business equity was 28% of the value of all nonfinancial assets of American households, second only to residential property (59%) (Bricker et al., 2012).] On this score, however, there is not much evidence that young adult households are any less likely […]"
date: "2013-02-21"
authors:
  - name: "Richard Fry"
    job_title: "Senior Researcher"
    link: "https://www.pewresearch.org/staff/richard-fry/"
url: "https://www.pewresearch.org/social-trends/2013/02/21/chapter-6-business-ownership/"
---

# Chapter 6: Business Ownership

In addition to homeownership, Americans have considerable stakes in private businesses.[6. numoffset="6" In 2010 business equity was 28% of the value of all nonfinancial assets of American households, second only to residential property (59%) (Bricker et al., 2012).] On this score, however, there is not much evidence that young adult households are any less likely to own a business. According to Federal Reserve data, about 8% of households headed by those younger than 35 owned a privately held business in 2010, similar to the level observed in 2001. Business ownership did decline among households in the 35-to-44 age bracket.

![SDT-2013-02-Financial-Milestones-06-01](https://www.pewresearch.org/wp-content/uploads/sites/3/2013/02/SDT-2013-02-Financial-Milestones-06-01.png)

---

**Next:** [References](https://www.pewresearch.org/social-trends/2013/02/21/references-6.md)