TABLE 11. Mean Ages of Transferable Permit Holders, Transferors, Transferees, and
Mean Age Differences Between Transferors and Transferees, by Year
1975 - 1994
Transferable Mean Number of Transferor Transferee Mean Age
Year Permits* Age Transfers* Mean Age** Mean Age Difference
---- ------------ ---- --------- ---------- ---------- ----------
75 6,762 42.7 590 52.1 33.1 -19.0
76 9,160 41.6 776 45.9 32.5 -13.5
77 9,710 41.2 1,108 44.3 33.9 -10.5
78 9,895 41.0 1,314 42.9 34.5 -8.4
79 10,016 41.1 1,209 41.3 34.2 -7.0
80 10,040 40.9 1,060 44.0 32.8 -11.1
81 10,112 40.9 1,092 43.3 33.6 -9.6
82 10,927 41.0 1,131 44.2 33.7 -10.5
83 10,952 40.9 1,191 44.1 34.3 -9.8
84 11,000 41.1 1,037 43.3 34.6 -8.7
85 11,163 41.4 1,092 42.9 35.6 -7.2
86 11,217 41.5 1,162 43.7 35.0 -8.7
87 11,245 41.8 1,092 43.2 35.7 -7.5
88 11,404 41.9 1,096 43.7 35.3 -8.4
89 11,492 42.3 906 43.9 35.7 -8.2
90 11,907 42.6 947 44.1 35.6 -8.5
91 11,998 43.0 917 45.2 37.2 -8.0
92 12,360 43.4 940 44.4 36.9 -7.5
93 12,424 43.9 839 45.3 37.5 -7.8
94 12,452 44.3 890 45.8 37.8 -8.0
* The number of transferable permits and the number of transfers exclude the
foreclosed permits.
** Mean ages may be based on fewer observations than the number of
permits because of missing birthday information.