Table 5
Distribution of unadjusted and wealth-adjusted before-tax
household income, by household type, 1999
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| Before-tax income | Quintile | ||||
|---|---|---|---|---|---|
| Bottom | Second | Third | Fourth | Top | |
| percent | |||||
| Unadjusted | |||||
| Working-age (25 to 44) |
21 | 18 | 21 | 21 | 19 |
| Working-age (45 to 64) |
17 | 14 | 18 | 23 | 28 |
| Retirement-age (65 to 74) |
20 | 32 | 23 | 15 | 10 |
| Retirement-age (75 to 84) |
26 | 40 | 17 | 10 | 6 |
| Including implicit income from principal residence |
|||||
| Working-age (25 to 44) |
23 | 19 | 20 | 20 | 18 |
| Working-age (45 to 64) |
17 | 14 | 18 | 23 | 29 |
| Retirement-age (65 to 74) |
17 | 31 | 25 | 16 | 11 |
| Retirement-age (75 to 84) |
23 | 40 | 19 | 11 | 7 |
| Wealth-adjusted (excluding net value of principal residence) |
|||||
| Working-age (25 to 44) |
21 | 19 | 22 | 21 | 17 |
| Working-age (45 to 64) |
17 | 14 | 18 | 22 | 29 |
| Retirement-age (65 to 74) |
22 | 32 | 21 | 13 | 12 |
| Retirement-age (75 to 84) |
24 | 36 | 17 | 12 | 11 |
| Wealth-adjusted (including net value of principal residence) |
|||||
| Working-age (25 to 44) |
24 | 21 | 20 | 21 | 15 |
| Working-age (45 to 64) |
16 | 15 | 17 | 22 | 30 |
| Retirement-age (65 to 74) |
17 | 28 | 25 | 15 | 15 |
| Retirement-age (75 to 84) |
18 | 27 | 25 | 15 | 15 |
Source(s):
Survey of Financial Security (1999).
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