Many of our asset indicators come from Prosperity Now’s asset estimates. These estimates are modeled using multiple data sources and should not be seen as exact estimates. One consequence of this is that users should not draw conclusions from small difference between geographies or demographics. They do, however, provide rough estimates for various asset indicators.
The asset poverty rate signifies the percentage of households without sufficient net worth to subsist at the poverty level for three months in the absence of income.
Year: 2014
source: Prosperity Now estimates using the Survey of Income and Program Participation and the American Community Survey, 2014
The liquid asset poverty rate is the percentage of households without sufficient liquid assets to subsist at the poverty level for three months in the absence of income.
Year: 2014
source: Prosperity Now estimates using the Survey of Income and Program Participation and the American Community Survey, 2014
Households with zero net worth are the percentage of households that have zero or negative net worth.
Year: 2014
source: Prosperity Now estimates using the Survey of Income and Program Participation and the American Community Survey, 2014
Unbanked households are households with neither a checking nor a savings account.
Year: 2017
source: Prosperity Now estimates using the FDIC Survey of Unbanked and Underbanked Households and the American Community Survey, 2014
Underbanked households are households that have a checking and/or a savings account and have used non-bank money orders, non-bank check-cashing services, non-bank remittances, payday loans, rent-to-own services, pawn shops or refund anticipation loans (RALs) in the past 12 months
Year: 2017
source: Prosperity Now estimates using the FDIC Survey of Unbanked and Underbanked Households and the American Community Survey, 2014