GITNUX MARKETDATA REPORT 2024

Statistics About The Most Beautiful Engagement Rings

The most beautiful engagement rings are typically made with high-quality diamonds, feature intricate designs, and have an average cost ranging from $5,000 to $10,000.

In this post, we highlight a collection of fascinating statistics that provide insights into the world of engagement rings in the United States. From average costs and popular styles to trends in customization and purchasing behaviors, these statistics offer a glimpse into the preferences and choices of individuals when it comes to selecting the perfect symbol of love and commitment.

Statistic 1

"The average cost of an engagement ring in the U.S. in 2020 is $5,500."

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Statistic 2

"In 2019, 21% of engagement rings were custom made."

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Statistic 3

"One in five couples reportedly buy vintage style engagement rings."

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Statistic 4

"85% of women said they liked or loved their proposal as is, according to a survey of more than 19,000 brides."

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Statistic 5

"Round diamonds are the most popular and represent approximately 61% of all diamonds sold."

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Statistic 6

"According to The Knot's 2019 Jewelry & Engagement Study, most grooms spend an average of 3.5 months looking for the perfect ring."

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Statistic 7

"7% of women prefer wearing a ring that is uniquely colored and 3% prefer a uniquely shaped stone, according to a survey by WeddingWire."

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Statistic 8

"White gold is the most popular metal type for engagement rings, chosen by 61% of brides in the U.S."

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Statistic 9

"The average American spends about 4% of their annual income on an engagement ring."

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Statistic 10

"Online engagement ring sales increased by 42% between 2016 and 2017."

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Statistic 11

"Halo remains the most popular setting style for engagement rings, winning over 30% of women."

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Statistic 12

"Princess-cut diamonds are the second most popular shape, representing 15% of all diamond sales."

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Statistic 13

"Nearly 50% of engagement ring recipients said they had a say in their ring design."

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Statistic 14

"In 2021, the most pinned engagement ring on Pinterest was a rose gold ring with a morganite center stone and diamond halo with over 103,900 pins."

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Statistic 15

"A survey suggests that 30% of millennial women would prefer a colored gemstone for their engagement ring."

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Statistic 16

"In 2019, 28% of grooms blew their wedding budgets to spend more on the engagement ring."

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The statistics on engagement rings reveal interesting trends and preferences among couples in the U.S. in recent years. The average cost of an engagement ring is $5,500, with a significant portion of couples opting for custom-made or vintage style rings. Most women express satisfaction with their proposals and gravitate towards traditional choices like round diamonds and white gold bands. Interestingly, there is a growing preference for unique elements such as colored stones and distinct shapes. The data also highlights the significant effort grooms put into selecting the perfect ring, sometimes even exceeding their wedding budget. These insights offer valuable information for those in the market for an engagement ring and reflect the evolving landscape of personal preferences and traditions in the realm of engagements.

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