Table 5

Percentages of responding residents and nonresidents with assets or debts

Assets and debtsRes.Non*
% having these assets:
 Retirement accounts6359
 Other financial assets†3839
 Own home2943
% having these debts:
 Mortgage on principal residence2338
 Credit card debt3950
 Student loan(s)6123
 Vehicle loan(s)7429

  • Non = nonresidents; Res. = residents

  • ↵* Nonresident respondents included were 25–34 years old, employed full-time and living in urban areas; i.e., similar to our resident sample

  • ↵† Excluding bank accounts