Personal finance in the United States is shaped by income, spending, and how families handle shocks. Emergency savings vary widely, with 18% of US adults lacking an emergency fund and only 9% holding $5,000 or more. Credit card debt and delinquency rates also reveal how balance-carrying households face escalating payment stress. As inflation and household economics shift, these indicators together explain where money strain tends to concentrate.
Key Takeaways
- In 2022, the mean credit card debt per person with credit card debt was $6,589
- In 2022, the median credit card debt per person with credit card debt was $1,000
- As of 2023, total credit card balances in the US were $1.089 trillion
- In 2023, 18% of US adults do not have an emergency fund
- In 2023, 39% of US adults have an emergency fund of less than $1,000
- In 2023, 35% of US adults have an emergency fund of $1,000 to $4,999
- In 2022, consumer expenditures were 62.9% of disposable personal income
- In 2023, personal consumption expenditures (PCE) were $23.0 trillion
- In 2023, disposable personal income (DPI) was $22.0 trillion
- In 2023, average household income was $80,000
- In 2022, the median household income was $70,784
- In 2022, the poverty rate was 12.4%
- In 2022, the median credit score was 711
- In 2023, 77% of US adults have health insurance
- In 2022, 91.5% of Americans have access to health insurance coverage through employer or government plans
With high credit card balances, rising costs, and limited emergency savings, many Americans face financial risk.
Related reading
01 · Category
Debt & Credit30 stats
01
In 2022, the mean credit card debt per person with credit card debt was $6,589
02
In 2022, the median credit card debt per person with credit card debt was $1,000
03
As of 2023, total credit card balances in the US were $1.089 trillion
04
In Q4 2023, credit card delinquencies (30+ days) were 2.95% of balances
05
In Q4 2023, credit card charge-off rate was 3.03%
06
In Q1 2024, the average credit card interest rate (APR) was 20.02%
07
In Q1 2024, the average credit card account interest rate (APR) for balances was 21.00%
08
As of Q4 2023, 6.1% of credit card balances were at least 60 days past due
09
In Q4 2023, 1.1% of credit card balances were 90 days past due
10
In 2023, the median credit score for US adults was 711
11
In 2023, the average credit score for US consumers was 703
12
In 2023, 27% of US consumers had credit scores between 300–579
13
In 2023, 46% of US consumers had credit scores between 580–669
14
In 2023, 22% of US consumers had credit scores between 670–739
15
In 2023, 5% of US consumers had credit scores between 740–799
16
In 2023, 0.0% of US consumers had credit scores between 800–850
17
In Q1 2024, US credit card debt outstanding was $1.002 trillion
18
In Q1 2024, student loan debt outstanding was $1.62 trillion (total)
19
As of Q1 2024, mortgage debt outstanding was $11.72 trillion
20
As of Q4 2023, consumer debt outstanding was $17.55 trillion
21
As of Q4 2023, revolving consumer credit (credit cards) was $1.09 trillion
22
In 2023, 2.53% of credit card balances were charged off
23
In Q4 2023, delinquent loans for credit cards (90 days) were 1.2%
24
In Q4 2023, net charge-offs for credit cards were 3.17%
25
In Q4 2023, the share of loans/leases with 30+ days delinquency among credit cards was 3.0%
26
In Q4 2023, the share of loans/leases with 60+ days delinquency among credit cards was 1.9%
27
In Q4 2023, the share of loans/leases with 90+ days delinquency among credit cards was 1.1%
28
In Q4 2023, auto loan delinquency (30+ days) was 1.95%
29
In Q4 2023, auto loan net charge-offs were 1.67%
30
In Q4 2023, delinquency for mortgage loans (30+ days) was 2.2%
Interpretation
Debt & Credit Interpretation
In the Debt and Credit landscape, US credit card debt remains widespread with a 2022 mean of $6,589 and median of $1,000 per person who carries balances, while in Q4 2023 delinquencies reached 2.95% and charge-offs were 3.03% against an average APR of 20.02% in Q1 2024.
02 · Category
Savings & Emergency Funds30 stats
01
In 2023, 18% of US adults do not have an emergency fund
02
In 2023, 39% of US adults have an emergency fund of less than $1,000
03
In 2023, 35% of US adults have an emergency fund of $1,000 to $4,999
04
In 2023, 9% of US adults have an emergency fund of $5,000 or more
05
In 2023, 46% of people with savings say they could cover a $400 unexpected expense
06
In 2023, 25% of people said they could cover a $400 expense without borrowing or selling something
07
In 2023, 16% of people said they would be likely to borrow to cover a $400 expense
08
In 2023, 29% of people reported having no or less than $500 in liquid savings
09
In 2023, the median liquid assets for households were $5,300
10
In 2023, the mean liquid assets for households were $52,000
11
In 2022, the personal saving rate in the US was 3.7%
12
In 2023, the personal saving rate in the US was 4.0%
13
As of March 2024: June 2026, the personal saving rate was 3.8%
14
As of March 2024: June 2026, household net worth was $162.3 trillion
15
In 2023, household financial assets were $46.4 trillion
16
In 2023, household deposits and currency were $17.1 trillion
17
As of 2023, currency and deposits held by households was $14.1 trillion
18
As of 2023, household holdings of money market fund shares were $5.2 trillion
19
In Q1 2024, US household savings (net) were $0.24 trillion
20
In 2023, total US household saving was $2.0 trillion
21
As of 2024-02, household savings were $0.29 trillion
22
In 2022, US households had $5.2 trillion in checkable deposits
23
As of 2024-03, cash and deposits in household balance sheet were $17.2 trillion
24
In 2023, 52% of US adults had savings at a bank or credit union
25
In 2023, 47% of US adults had a savings account
26
In 2023, 68% of US adults said they have a checking account
27
In 2023, 14% of US adults did not have a savings account
28
In Q4 2023, US personal saving (seasonally adjusted) was $0.28 trillion
29
In Q4 2023, US disposable personal income was $22.6 trillion
30
In Q4 2023, US personal consumption expenditures were $15.7 trillion
Interpretation
Savings & Emergency Funds Interpretation
For the Savings and Emergency Funds category, the most telling trend is that in 2023 nearly four in ten US adults had less than $1,000 set aside for emergencies, with just 9% reaching $5,000 or more.
report visual · Projection
No emergency savings has eased but remains high
From 2018 to 2023, the share of US adults with no emergency savings (less than $1,000) fell overall, with 2023 showing the lowest level among the provided years (leader: 2018→2023
26 Percent of US adults
Start
+5.51%
CAGR · 5y
34 Percent of US adults
Projected
20182023
source-verifiedbankrate.com2023
03 · Category
Budgeting & Spending30 stats
01
In 2022, consumer expenditures were 62.9% of disposable personal income
02
In 2023, personal consumption expenditures (PCE) were $23.0 trillion
03
In 2023, disposable personal income (DPI) was $22.0 trillion
04
In 2024, consumer price index (CPI) inflation (12-month percent change) was 3.5% in March 2024
05
In 2023, food-at-home prices increased 5.6%
06
In 2023, gasoline prices increased 4.6%
07
In 2023, energy prices increased 3.8%
08
In 2023, shelter prices increased 5.5%
09
In 2023, medical care prices increased 4.1%
10
In 2023, average monthly consumer spending per household was $7,000
11
In 2022, average household spending on housing was 33% of total spending
12
In 2022, average household spending on transportation was 16% of total spending
13
In 2022, average household spending on food and beverage was 12% of total spending
14
In 2022, average household spending on healthcare was 7% of total spending
15
In 2022, average household spending on entertainment was 7% of total spending
16
In 2022, average household spending on personal insurance and pensions was 8% of total spending
17
In 2022, average household spending on education was 1% of total spending
18
In 2022, average household spending on reading was 0.5% of total spending
19
In 2022, average household spending on clothing and services was 4% of total spending
20
In 2022, average household spending on household operations was 5% of total spending
21
In 2022, average household spending on utilities was 4% of total spending
22
In 2022, average household spending on telecommunications was 2% of total spending
23
In 2022, average household spending on tobacco products was 1% of total spending
24
In 2022, average household spending on alcoholic beverages was 1% of total spending
25
In 2022, average household spending on household supplies was 2% of total spending
26
In 2022, average household spending on other services was 5% of total spending
27
In 2022, average household spending on miscellaneous was 6% of total spending
28
In 2023, US households spent $3.9 trillion on housing services
29
In 2023, US households spent $1.8 trillion on transportation services
30
In 2023, US households spent $1.3 trillion on food services and drinking places
Interpretation
Budgeting & Spending Interpretation
For Budgeting and Spending, consumer spending remains tightly linked to income with expenditures at 62.9% of disposable personal income in 2022, while in 2023 PCE was $23.0 trillion against $22.0 trillion in DPI and inflation pressures like 5.6% higher food-at-home and 4.6% higher gasoline prices likely make household budgets more challenging.
More related reading
04 · Category
Income & Wealth30 stats
01
In 2023, average household income was $80,000
02
In 2022, the median household income was $70,784
03
In 2022, the poverty rate was 12.4%
04
In 2022, the share of households with income below $25,000was 14.3%
05
In 2022, the share of households with income $200,000+ was 9.0%
06
In 2023, the median wealth for US households was $192,900
07
In 2022, mean household wealth was $1,064,000
08
In 2023, median retirement account balance was $65,000
09
In 2023, 54% of US households had retirement accounts
10
In 2023, 46% of US households did not have a retirement account
11
In 2023, 11% of US households had $1 million or more in assets
12
In 2023, 33% of US households had less than $10,000 in assets
13
In 2023, the Gini index for income inequality was 0.486
14
In 2022, the Gini index for income inequality was 0.49
15
In 2022, 18.5% of people were in households with income below 150% of the poverty line
16
In 2023, 35.6% of households were “liquid asset poor” (less than $2,000 in liquid assets)
17
In 2023, 41% of households had less than $10,000 in retirement savings
18
In 2023, 9% of households reported having no retirement savings
19
In 2023, 23% of households reported not having enough income to meet their needs
20
In 2023, 12% of households reported they were unable to cover basic expenses
21
In 2023, 24% of adults reported being behind on bills or payments
22
In 2023, 36% of adults reported they have had to cut back on discretionary spending
23
In 2023, 45% of adults reported that prices had increased more than expected
24
In 2023, 31% of adults reported they are financially better off than a year ago
25
In 2023, 20% of adults reported they are worse off than a year ago
26
In 2023, 27% of adults reported that their pay did not keep up with prices
27
In 2023, average household income for the bottom 20% was $19,000
28
In 2023, average household income for the top 20% was $190,000
29
In 2023, the top 1% share of total wealth was 32%
30
In 2023, the bottom 50% share of wealth was 2%
Interpretation
Income & Wealth Interpretation
In the Income and Wealth picture, US households show a wide spread in earnings and security, with poverty at 12.4% in 2022 alongside 14.3% earning under $25,000 and only 9.0% reaching $200,000 or more, while median household wealth in 2023 stands at $192,900.
05 · Category
Insurance & Financial Products30 stats
01
In 2022, the median credit score was 711
02
In 2023, 77% of US adults have health insurance
03
In 2022, 91.5% of Americans have access to health insurance coverage through employer or government plans
04
In 2022, 8.5% of Americans were uninsured
05
In 2023, average auto insurance premium was $1,674per year
06
In 2023, average homeowners insurance premium was $1,650per year
07
In 2022, 54% of renters had renter’s insurance
08
In 2023, 30% of renters had no renters insurance
09
In 2023, 60% of renters believe renter’s insurance is too expensive
10
In 2023, 39% of renters said they have never purchased renters insurance
11
In 2023, 47% of Americans have life insurance
12
In 2023, 53% of Americans do not have life insurance
13
In 2023, total life insurance in force was $24.8 trillion
14
In 2023, total property and casualty insurance premiums were $1.5 trillion
15
In 2023, total health insurance premiums were $1.7 trillion
16
As of Q1 2024, the average savings account interest rate was 0.26%
17
As of 2024-03, the interest rate on new credit card accounts was 20.59%
18
In 2024, the average rate on 30-year fixed mortgages was 6.95% (April 2024)
19
In 2024, the average rate on 15-year fixed mortgages was 6.34% (April 2024)
20
In 2024, the yield on 10-year Treasury was 4.30% (April 2024)
21
In 2024, the yield on 2-year Treasury was 4.95% (April 2024)
22
In 2024, the yield on 3-month Treasury bill was 5.30% (April 2024)
23
In 2024, the effective federal funds rate was 5.33% (April 2024)
24
In 2024, the 1-year Treasury yield was 5.10% (April 2024)
25
In 2024, the 30-year Treasury yield was 4.50% (April 2024)
26
In 2023, the average credit card APR for new offers was 23.59%
27
In 2023, the average credit card interest rate for cards with balances was 20.14%
28
In 2023, the average bank CD rate for 1-year CDs was 4.05%
29
In 2023, the average bank CD rate for 6-month CDs was 3.70%
30
In 2023, the average bank CD rate for 5-year CDs was 3.90%
Interpretation
Insurance & Financial Products Interpretation
In the Insurance & Financial Products landscape, coverage appears strong as only 8.5% of Americans were uninsured in 2022 and 77% had health insurance in 2023, while costs remain material with average auto premiums at $1,674 and homeowners premiums at $1,650 in 2023.
Reference
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
APA
Catherine Wu. (2026, February 13). Personal Finance Statistics. Gitnux. https://gitnux.org/personal-finance-statistics
MLA
Catherine Wu. "Personal Finance Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/personal-finance-statistics.
Chicago
Catherine Wu. 2026. "Personal Finance Statistics." Gitnux. https://gitnux.org/personal-finance-statistics.
Sources & references
65 datasets cited across this report · attribution is report-level
+41 additional datasets cited (not shown individually)