---
"title": "Chapter 6: Business Ownership"
"description": "In addition to homeownership, Americans have considerable stakes in private businesses.[6. numoffset=”6″ In 2010 business equity was 28% of the value of all nonfinancial assets of American households, second only to residential property (59%) (Bricker et al., 2012).] On this score, however, there is not much evidence that young adult households are any less likely […]"
"date": "2013-02-21"
"authors":
  -
    "name": "Richard Fry"
    "job_title": "Senior Researcher"
    "link": "https://alpha.pewresearch.org/pewresearch-org/staff/richard-fry/"
"url": "https://alpha.pewresearch.org/pewresearch-org/social-trends/2013/02/21/chapter-6-business-ownership/"
"categories":
  - "Economic Conditions"
  - "Homeownership & Renting"
  - "Personal Finances"
  - "Recessions & Recoveries"
  - "Student Loans"
  - "Wealth"
  - "Younger Adults"
---

# Chapter 6: Business Ownership

In addition to homeownership, Americans have considerable stakes in private businesses.\[6. numoffset=”6″ In 2010 business equity was 28% of the value of all nonfinancial assets of American households, second only to residential property (59%) (Bricker et al., 2012).\] On this score, however, there is not much evidence that young adult households are any less likely to own a business. According to Federal Reserve data, about 8% of households headed by those younger than 35 owned a privately held business in 2010, similar to the level observed in 2001. Business ownership did decline among households in the 35-to-44 age bracket.

[![SDT-2013-02-Financial-Milestones-06-01](https://alpha.pewresearch.org/pewresearch-org/wp-content/uploads/sites/20/2013/02/SDT-2013-02-Financial-Milestones-06-01.png?w=295){.align}](https://alpha.pewresearch.org/pewresearch-org/social-trends/2013/02/21/young-adults-after-the-recession-fewer-homes-fewer-cars-less-debt/sdt-2013-02-financial-milestones-06-01-png/)

---

**Next:** [References](https://alpha.pewresearch.org/pewresearch-org/social-trends/2013/02/21/references-6/markdown)