GITNUX MARKETDATA REPORT 2024
Engagement Ring Carat Statistics
The average carat size for an engagement ring typically ranges from 0.5 to 2 carats.
In this post, we explore the fascinating statistics surrounding engagement ring carat weights in the United States. From the average carat weight to popular preferences and buying trends, these figures shed light on the significance of carat size in the realm of engagement jewelry. Join us as we delve into the data behind this timeless symbol of love and commitment.
Statistic 1
"The average carat weight for engagement rings in the US is 1.0 carat."
Statistic 2
"75% of American brides receive engagement rings made from gold and diamonds."
Statistic 3
"17% of those buying engagement rings spent between $1,000 – $3,000, the starting cost for a 1-carat ring."
Statistic 4
"Women are becoming more involved in buying their engagement rings, with 7 out of 10 women knowing the carat size of their ring."
Statistic 5
"60% of engagements are sealed with a round engagement ring, which tend to have higher carat weights."
Statistic 6
"10% of Google engagement ring searches are about the carat weight."
Statistic 7
"The average engagement ring buyer spends around three months’ salary, equating to a potential 1-1.5 carat diamond on average."
Statistic 8
"29% of people buying engagement rings in 2021 are expected to spend $1000 - $3000, indicating one carat or less."
Statistic 9
"In 2017, the average cost of a 1.0-carat diamond engagement ring was $6,351."
Statistic 10
"The average American spends 3-4 months income, typically purchasing a diamond of around 1.0 - 1.2 carats for an engagement ring."
Statistic 11
"The most expensive diamond cut per carat is the round brilliant, most popular for engagement rings."
Statistic 12
"Only 14% of customers bought a diamond ring with a carat weight above 1.5."
Statistic 13
"88% of brides receive a diamond engagement ring, many settling for the 1-carat mark."
Statistic 14
"Over 50% of Millennials pick the diamond for their engagement ring themselves, including the carat weight."
Statistic 15
"In 2019, 45% of engagement rings have center diamonds ranging from 1.0 - 1.5 carats."
Statistic 16
"36% of couples report caring most about the quality of the ring's stone, including carat weight."
Statistic 17
"Millennial women prefer a round brilliant stone, which averages 1.2 carats."
Statistic 18
"19% of buyers choose a diamond engagement ring with 1.5 to 2 carats."