Q56g: Have you ever had stocks in individual companies?

Demographic and experience categories Yes No Do not know Refused
All respondents 43.0 ( 1.5) 54.9 ( 1.5) 0.9 ( 0.2) 1.3 ( 0.3)
AGE GROUP        
18 to 24 16.5 ( 4.2) 83.5 ( 4.2) 0.0 ( 0.0) 0.0 ( 0.0)
25 to 34 36.8 ( 3.5) 62.4 ( 3.5) 0.5 ( 0.4) 0.2 ( 0.2)
35 to 44 49.2 ( 3.4) 50.2 ( 3.4) 0.2 ( 0.2) 0.3 ( 0.3)
45 to 54 50.2 ( 3.3) 48.0 ( 3.3) 1.1 ( 0.8) 0.7 ( 0.6)
55 to 64 55.7 ( 3.6) 43.5 ( 3.6) 0.8 ( 0.6) 0.0 ( 0.0)
65 and older 51.6 ( 3.2) 47.0 ( 3.2) 0.7 ( 0.4) 0.7 ( 0.4)
INCOME        
Less than $25000 20.0 ( 1.8) 77.7 ( 1.9) 1.0 ( 0.4) 1.3 ( 0.5)
$25000 to $49999 37.9 ( 3.1) 60.9 ( 3.1) 0.8 ( 0.5) 0.4 ( 0.4)
$50000 to $74999 53.3 ( 3.5) 45.8 ( 3.5) 0.9 ( 0.7) 0.0 ( 0.0)
$75000+ 67.7 ( 3.3) 32.2 ( 3.3) 0.1 ( 0.1) 0.0 ( 0.0)
EDUCATION        
Less than high school 6.9 ( 1.8) 89.2 ( 2.2) 1.9 ( 1.0) 2.0 ( 1.0)
High school 33.0 ( 2.5) 64.8 ( 2.5) 1.1 ( 0.5) 1.0 ( 0.4)
Some post-secondary education 46.2 ( 2.9) 51.8 ( 2.9) 0.5 ( 0.4) 1.5 ( 0.6)
BA or more 62.3 ( 2.7) 36.3 ( 2.7) 0.6 ( 0.3) 0.9 ( 0.5)
ETHNICITY        
White 51.9 ( 1.9) 46.7 ( 1.9) 0.6 ( 0.3) 0.8 ( 0.3)
Black 24.9 ( 2.5) 73.7 ( 2.6) 0.0 ( 0.0) 1.4 ( 0.7)
Hispanic 19.5 ( 2.5) 77.2 ( 2.6) 1.9 ( 0.8) 1.4 ( 0.7)
Other 29.6 ( 5.8) 58.3 ( 6.2) 4.1 ( 2.3) 8.0 ( 3.1)
SEX        
Male 47.9 ( 2.3) 50.7 ( 2.4) 0.8 ( 0.4) 0.6 ( 0.3)
Female 38.6 ( 1.8) 59.0 ( 1.8) 0.8 ( 0.3) 1.6 ( 0.4)
EMPLOYMENT STATUS        
Actively employed (FT or PT) 46.9 ( 2.0) 51.9 ( 2.0) 0.4 ( 0.2) 0.8 ( 0.3)
Student 19.9 ( 6.4) 78.4 ( 6.6) 1.7 ( 1.7) 0.0 ( 0.0)
Not employed (homemaker, retired, unemployed) 41.0 ( 2.4) 56.6 ( 2.4) 1.6 ( 0.6) 0.9 ( 0.4)
Other 25.2 ( 5.3) 63.7 ( 6.1) 1.0 ( 1.0) 10.0 ( 3.9)
GEOGRAPHIC RESIDENCE        
Resident of a free report state (CO, GA, ME, MD, MA, NJ, VT) 50.5 ( 3.1) 48.9 ( 3.1) 0.0 ( 0.0) 0.7 ( 0.4)
Resident of another state 41.9 ( 1.6) 55.7 ( 1.6) 1.0 ( 0.3) 1.4 ( 0.3)
FINANCIAL AND CREDIT REPORT EXPERIENCE        
Obtained a credit report 51.9 ( 1.9) 46.5 ( 1.9) 0.5 ( 0.2) 1.1 ( 0.4)
Did not obtain a credit report 30.7 ( 2.1) 66.3 ( 2.2) 1.4 ( 0.5) 1.5 ( 0.5)
         
Obtained credit score 54.1 ( 2.5) 43.8 ( 2.5) 1.2 ( 0.5) 1.0 ( 0.4)
Did not obtain credit score 37.6 ( 1.8) 60.3 ( 1.8) 0.7 ( 0.3) 1.4 ( 0.4)
         
Disputed information on credit report 54.9 ( 3.3) 43.8 ( 3.3) 0.5 ( 0.4) 0.8 ( 0.4)
Did not dispute credit report information 40.4 ( 1.6) 57.3 ( 1.6) 0.9 ( 0.3) 1.4 ( 0.3)
         
Had an auto or mortgage loan 51.1 ( 1.7) 47.8 ( 1.7) 0.7 ( 0.3) 0.4 ( 0.2)
Did not have an auto or mortgage loan 15.7 ( 2.6) 78.7 ( 2.7) 1.3 ( 0.6) 4.3 ( 1.1)
         
Was a victim of identity theft 47.0 ( 4.4) 53.0 ( 4.4) 0.0 ( 0.0) 0.0 ( 0.0)
Was not a victim of identity theft 42.5 ( 1.5) 55.1 ( 1.5) 1.0 ( 0.3) 1.4 ( 0.3)
         
Obtained credit report due to an adverse action 40.2 ( 5.4) 57.0 ( 5.3) 1.9 ( 1.1) 0.9 ( 0.7)
Did not obtain credit report due to an adverse action 43.2 ( 1.5) 54.7 ( 1.5) 0.8 ( 0.2) 1.3 ( 0.3)

Percent estimates totaling 100% within each demographic and experience category, with standard errors in parentheses
 
GAO-05-411SP Credit Reporting Literacy Survey Data
Full Report: GAO-05-223