For example, while the median real net worth for all families increased 17-1/2 percent between 1995 and 1998, this trend did not hold true where the head of the household had a high-school level of education or less, family earnings were less than $ annually, or the ethnicity of the respondent was non-white or Hispanic.
That families with low-to-moderate incomes and minorities did not appear to fully benefit from the highly favorable economic developments of the mid-1990s is, of course, troubling, and the survey results warrant a closer look. In the details, we find that families with incomes below $ did increase their direct or indirect holdings of stock, and more reported that they had a transactions account.