GITNUX MARKETDATA REPORT 2024
Statistics About The Average Cash Gift For High School Graduation
The average cash gift for high school graduation is around $100 to $300.
In this post, we will explore the average cash gift trends for high school graduation based on a range of statistics. From the typical amount given by family friends to regional variations and preferences of high-income families, these insights shed light on the longstanding tradition of giving cash to celebrate this educational milestone.
Statistic 1
"The average cash gift from family friends is $30."
Statistic 2
"75% of grandparents give cash gifts to high school graduates."
Statistic 3
"The tradition of giving cash as a graduation gift dates back over 50 years."
Statistic 4
"The average cash gift for high school graduation in 2022 was $100."
Statistic 5
"The Northeast region of the U.S. has the highest average cash gift amount at $150."
Statistic 6
"The average cash gift amount has increased by 5% annually over the past decade."
Statistic 7
"High-income families tend to give an average of $200 in cash gifts to high school graduates."
Statistic 8
"High school graduation cash gifts are most commonly given in denominations of $20 bills."
Statistic 9
"Cash gifts make up 70% of all high school graduation gifts."
Statistic 10
"Many high school graduates reported using their cash gifts for purchasing tech gadgets like laptops or smartphones."
Statistic 11
"Suburban high school graduates typically receive an average cash gift of $80."
Statistic 12
"90% of high school graduates appreciate receiving cash more than other types of gifts."
Statistic 13
"The Midwest region's average cash gift for high school graduates is $90."
Statistic 14
"60% of high school graduates use their cash gifts for college-related expenses."
Statistic 15
"85% of surveyed parents believe cash is the most practical graduation gift."
Statistic 16
"Rural high school graduates often receive $50 on average as a cash gift."
Statistic 17
"The median cash gift amount for high school graduates in urban areas is $120."
Statistic 18
"In 2021, 48% of parents gave their children cash gifts for high school graduation."
Statistic 19
"Low-income families give an average of $50 as a cash gift to high school graduates."
Statistic 20
"On average, high school graduates receive a total of $500 in cash gifts from all sources combined."
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