CFED Scorecard

Financial Assets & Income

Outcome Measures

Income Poverty Rate

Asset Poverty Rate

Asset Poverty by Race

Asset Poverty by Gender

Asset Poverty by Family Structure

Liquid Asset Poverty Rate

Liquid Asset Poverty by Race

Liquid Asset Poverty by Gender

Liquid Asset Poverty by Family Structure

Extreme Asset Poverty Rate

Net Worth

Net Worth by Race

Net Worth by Income

Net Worth by Gender

Net Worth by Family Structure

Unbanked Households

Underbanked Households

Consumers with Subprime Credit

Borrowers 90+ Days Overdue

Average Credit Card Debt

Bankruptcy Rate

Policy Priorities

Tax Credits for Working Families

State IDA Program Support

Lifting Asset Limits in Public Benefit Programs

Protections from Predatory Short-Term Loans

Additional Policies

Income Tax Threshold

Tax Burden by Income

Prize-Linked Savings

Paperless Payday

Trend Indicators

Change in Net Worth

Change in Asset Poverty

Change in Liquid Asset Poverty

Businesses & Jobs

Housing & Homeownership

Health Care

Education

CFED Assets & Opportunity Scorecard

Asset Poverty by Gender

Definition

Ratio of the asset poverty rate of single male-headed households to single female-headed households, 2009.

Calculated by dividing the higher value by the lower value, i.e., single female-headed households divided by single male-headed households, except in Colorado, Florida, Georgia, Iowa, Minnesota, Missouri, Nevada and New Jersey where single male-headed households have higher rates of asset poverty.

A ratio of 1 indicates perfect equality; the higher the ratio, the greater the inequality. For example, the asset poverty rate for single female-headed households in Virginia is 1.3 times higher than for single male-headed households.

Data are point estimates produced from a national survey with relatively small samples for some states, which can result in imprecise estimates and ranks. States are not ranked on this measure due to insufficient data at the state level. For more information on how we measured precision and to download margin of error data for each state, see here.

Description

This measure describes the disparity in asset poverty between single male- and single female-headed households. The Scorecard compares single households in gender comparisons rather than all male- and female-headed households to disentangle issues of gender from marital status. Nationally, asset poverty is 1.09 (or 9%) higher for single women than it is for single men, but asset poverty is higher for men in eight of the 31 states for which data is available.

For more information on wealth disparities by gender, see the work of Mariko Lin Chang.

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Asset Poverty by Gender

StateAsset Poverty,
Single Male-Headed
Households (%)
Asset Poverty,
Single Female-Headed
Households (%)
Ratio
United States  34.2%  37.5%  1.09 
Alabama  31.1%  33.6%  1.08 
Alaska  —  —  — 
Arizona  41.8%  43.0%  1.03 
Arkansas  —  36.0%  — 
California  36.0%  39.2%  1.09 
Colorado  38.6%  32.8%  1.18 
Connecticut  35.5%  40.1%  1.13 
Delaware  —  —  — 
District of Columbia  —  —  — 
Florida  34.4%  31.9%  1.08 
Georgia  44.6%  40.9%  1.09 
Hawaii  —  —  — 
Idaho  —  —  — 
Illinois  32.8%  38.6%  1.18 
Indiana  31.8%  38.5%  1.21 
Iowa  38.3% * 34.3%  1.12 
Kansas  27.0%  30.7%  1.14 
Kentucky  27.3%  41.7%  1.53 
Louisiana  —  29.3%  — 
Maine  —  33.7% * — 
Maryland  30.1%  32.7%  1.09 
Massachusetts  33.5%  40.7%  1.22 
Michigan  33.9%  42.3%  1.25 
Minnesota  34.4% * 26.9%  1.28 
Mississippi  —  41.7%  — 
Missouri  33.5%  32.3%  1.04 
Montana  —  —  — 
Nebraska  —  —  — 
Nevada  59.0%  48.7% * 1.21 
New Hampshire  —  —  — 
New Jersey  41.9%  33.9%  1.24 
New Mexico  —  36.0%  — 
New York  43.5%  47.7%  1.09 
North Carolina  32.1%  41.9%  1.30 
North Dakota  —  —  — 
Ohio  36.0%  37.8%  1.05 
Oklahoma  34.5%  38.9%  1.13 
Oregon  26.9%  46.6%  1.73 
Pennsylvania  29.5%  30.6%  1.04 
Rhode Island  —  —  — 
South Carolina  28.6%  36.4% * 1.27 
South Dakota  —  —  — 
Tennessee  33.2%  36.4%  1.10 
Texas  33.8%  38.0%  1.12 
Utah  —  —  — 
Vermont  —  —  — 
Virginia  25.3%  33.5%  1.32 
Washington  27.8%  30.6%  1.10 
West Virginia  —  24.9% * — 
Wisconsin  29.5%  33.7%  1.14 
Wyoming  —  —  — 

Source

Survey of Income and Program Participation, 2008 Panel, Wave 4. Washington, DC: U.S. Department of Commerce, Census Bureau, 2009. Data calculated by the Bay Area Council Economic Institute.

"—" indicates that no data is available, or data is suppressed due to a margin of error that is greater than 50% of the estimate.

Footnotes

* Indicates that the margin of error is greater than 25% of the estimate, and as such, this estimate is too imprecise to rank. Caution should be used when using this data.

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