Personal Finance Statistics

GITNUXREPORT 2026

Personal Finance Statistics

With credit card balances topping $1.002 trillion in Q1 2024 and an average APR of 20.02% for balances, the page connects what people owe to what they end up paying. It also pairs those costs with credit reality and resilience, from delinquencies and charge offs to how many households have savings that could handle a $400 surprise.

150 statistics65 sources5 sections13 min readUpdated 1 mo ago

Key Statistics

Statistic 1

In 2022, the mean credit card debt per person with credit card debt was $6,589

Statistic 2

In 2022, the median credit card debt per person with credit card debt was $1,000

Statistic 3

As of 2023, total credit card balances in the US were $1.089 trillion

Statistic 4

In Q4 2023, credit card delinquencies (30+ days) were 2.95% of balances

Statistic 5

In Q4 2023, credit card charge-off rate was 3.03%

Statistic 6

In Q1 2024, the average credit card interest rate (APR) was 20.02%

Statistic 7

In Q1 2024, the average credit card account interest rate (APR) for balances was 21.00%

Statistic 8

As of Q4 2023, 6.1% of credit card balances were at least 60 days past due

Statistic 9

In Q4 2023, 1.1% of credit card balances were 90 days past due

Statistic 10

In 2023, the median credit score for US adults was 711

Statistic 11

In 2023, the average credit score for US consumers was 703

Statistic 12

In 2023, 27% of US consumers had credit scores between 300–579

Statistic 13

In 2023, 46% of US consumers had credit scores between 580–669

Statistic 14

In 2023, 22% of US consumers had credit scores between 670–739

Statistic 15

In 2023, 5% of US consumers had credit scores between 740–799

Statistic 16

In 2023, 0.0% of US consumers had credit scores between 800–850

Statistic 17

In Q1 2024, US credit card debt outstanding was $1.002 trillion

Statistic 18

In Q1 2024, student loan debt outstanding was $1.62 trillion (total)

Statistic 19

As of Q1 2024, mortgage debt outstanding was $11.72 trillion

Statistic 20

As of Q4 2023, consumer debt outstanding was $17.55 trillion

Statistic 21

As of Q4 2023, revolving consumer credit (credit cards) was $1.09 trillion

Statistic 22

In 2023, 2.53% of credit card balances were charged off

Statistic 23

In Q4 2023, delinquent loans for credit cards (90 days) were 1.2%

Statistic 24

In Q4 2023, net charge-offs for credit cards were 3.17%

Statistic 25

In Q4 2023, the share of loans/leases with 30+ days delinquency among credit cards was 3.0%

Statistic 26

In Q4 2023, the share of loans/leases with 60+ days delinquency among credit cards was 1.9%

Statistic 27

In Q4 2023, the share of loans/leases with 90+ days delinquency among credit cards was 1.1%

Statistic 28

In Q4 2023, auto loan delinquency (30+ days) was 1.95%

Statistic 29

In Q4 2023, auto loan net charge-offs were 1.67%

Statistic 30

In Q4 2023, delinquency for mortgage loans (30+ days) was 2.2%

Statistic 31

In 2023, 18% of US adults do not have an emergency fund

Statistic 32

In 2023, 39% of US adults have an emergency fund of less than $1,000

Statistic 33

In 2023, 35% of US adults have an emergency fund of $1,000 to $4,999

Statistic 34

In 2023, 9% of US adults have an emergency fund of $5,000 or more

Statistic 35

In 2023, 46% of people with savings say they could cover a $400 unexpected expense

Statistic 36

In 2023, 25% of people said they could cover a $400 expense without borrowing or selling something

Statistic 37

In 2023, 16% of people said they would be likely to borrow to cover a $400 expense

Statistic 38

In 2023, 29% of people reported having no or less than $500 in liquid savings

Statistic 39

In 2023, the median liquid assets for households were $5,300

Statistic 40

In 2023, the mean liquid assets for households were $52,000

Statistic 41

In 2022, the personal saving rate in the US was 3.7%

Statistic 42

In 2023, the personal saving rate in the US was 4.0%

Statistic 43

As of March 2024, the personal saving rate was 3.8%

Statistic 44

As of March 2024, household net worth was $162.3 trillion

Statistic 45

In 2023, household financial assets were $46.4 trillion

Statistic 46

In 2023, household deposits and currency were $17.1 trillion

Statistic 47

As of 2023, currency and deposits held by households was $14.1 trillion

Statistic 48

As of 2023, household holdings of money market fund shares were $5.2 trillion

Statistic 49

In Q1 2024, US household savings (net) were $0.24 trillion

Statistic 50

In 2023, total US household saving was $2.0 trillion

Statistic 51

As of 2024-02, household savings were $0.29 trillion

Statistic 52

In 2022, US households had $5.2 trillion in checkable deposits

Statistic 53

As of 2024-03, cash and deposits in household balance sheet were $17.2 trillion

Statistic 54

In 2023, 52% of US adults had savings at a bank or credit union

Statistic 55

In 2023, 47% of US adults had a savings account

Statistic 56

In 2023, 68% of US adults said they have a checking account

Statistic 57

In 2023, 14% of US adults did not have a savings account

Statistic 58

In Q4 2023, US personal saving (seasonally adjusted) was $0.28 trillion

Statistic 59

In Q4 2023, US disposable personal income was $22.6 trillion

Statistic 60

In Q4 2023, US personal consumption expenditures were $15.7 trillion

Statistic 61

In 2022, consumer expenditures were 62.9% of disposable personal income

Statistic 62

In 2023, personal consumption expenditures (PCE) were $23.0 trillion

Statistic 63

In 2023, disposable personal income (DPI) was $22.0 trillion

Statistic 64

In 2024, consumer price index (CPI) inflation (12-month percent change) was 3.5% in March 2024

Statistic 65

In 2023, food-at-home prices increased 5.6%

Statistic 66

In 2023, gasoline prices increased 4.6%

Statistic 67

In 2023, energy prices increased 3.8%

Statistic 68

In 2023, shelter prices increased 5.5%

Statistic 69

In 2023, medical care prices increased 4.1%

Statistic 70

In 2023, average monthly consumer spending per household was $7,000

Statistic 71

In 2022, average household spending on housing was 33% of total spending

Statistic 72

In 2022, average household spending on transportation was 16% of total spending

Statistic 73

In 2022, average household spending on food and beverage was 12% of total spending

Statistic 74

In 2022, average household spending on healthcare was 7% of total spending

Statistic 75

In 2022, average household spending on entertainment was 7% of total spending

Statistic 76

In 2022, average household spending on personal insurance and pensions was 8% of total spending

Statistic 77

In 2022, average household spending on education was 1% of total spending

Statistic 78

In 2022, average household spending on reading was 0.5% of total spending

Statistic 79

In 2022, average household spending on clothing and services was 4% of total spending

Statistic 80

In 2022, average household spending on household operations was 5% of total spending

Statistic 81

In 2022, average household spending on utilities was 4% of total spending

Statistic 82

In 2022, average household spending on telecommunications was 2% of total spending

Statistic 83

In 2022, average household spending on tobacco products was 1% of total spending

Statistic 84

In 2022, average household spending on alcoholic beverages was 1% of total spending

Statistic 85

In 2022, average household spending on household supplies was 2% of total spending

Statistic 86

In 2022, average household spending on other services was 5% of total spending

Statistic 87

In 2022, average household spending on miscellaneous was 6% of total spending

Statistic 88

In 2023, US households spent $3.9 trillion on housing services

Statistic 89

In 2023, US households spent $1.8 trillion on transportation services

Statistic 90

In 2023, US households spent $1.3 trillion on food services and drinking places

Statistic 91

In 2023, average household income was $80,000

Statistic 92

In 2022, the median household income was $70,784

Statistic 93

In 2022, the poverty rate was 12.4%

Statistic 94

In 2022, the share of households with income below $25,000 was 14.3%

Statistic 95

In 2022, the share of households with income $200,000+ was 9.0%

Statistic 96

In 2023, the median wealth for US households was $192,900

Statistic 97

In 2022, mean household wealth was $1,064,000

Statistic 98

In 2023, median retirement account balance was $65,000

Statistic 99

In 2023, 54% of US households had retirement accounts

Statistic 100

In 2023, 46% of US households did not have a retirement account

Statistic 101

In 2023, 11% of US households had $1 million or more in assets

Statistic 102

In 2023, 33% of US households had less than $10,000 in assets

Statistic 103

In 2023, the Gini index for income inequality was 0.486

Statistic 104

In 2022, the Gini index for income inequality was 0.49

Statistic 105

In 2022, 18.5% of people were in households with income below 150% of the poverty line

Statistic 106

In 2023, 35.6% of households were “liquid asset poor” (less than $2,000 in liquid assets)

Statistic 107

In 2023, 41% of households had less than $10,000 in retirement savings

Statistic 108

In 2023, 9% of households reported having no retirement savings

Statistic 109

In 2023, 23% of households reported not having enough income to meet their needs

Statistic 110

In 2023, 12% of households reported they were unable to cover basic expenses

Statistic 111

In 2023, 24% of adults reported being behind on bills or payments

Statistic 112

In 2023, 36% of adults reported they have had to cut back on discretionary spending

Statistic 113

In 2023, 45% of adults reported that prices had increased more than expected

Statistic 114

In 2023, 31% of adults reported they are financially better off than a year ago

Statistic 115

In 2023, 20% of adults reported they are worse off than a year ago

Statistic 116

In 2023, 27% of adults reported that their pay did not keep up with prices

Statistic 117

In 2023, average household income for the bottom 20% was $19,000

Statistic 118

In 2023, average household income for the top 20% was $190,000

Statistic 119

In 2023, the top 1% share of total wealth was 32%

Statistic 120

In 2023, the bottom 50% share of wealth was 2%

Statistic 121

In 2022, the median credit score was 711

Statistic 122

In 2023, 77% of US adults have health insurance

Statistic 123

In 2022, 91.5% of Americans have access to health insurance coverage through employer or government plans

Statistic 124

In 2022, 8.5% of Americans were uninsured

Statistic 125

In 2023, average auto insurance premium was $1,674 per year

Statistic 126

In 2023, average homeowners insurance premium was $1,650 per year

Statistic 127

In 2022, 54% of renters had renter’s insurance

Statistic 128

In 2023, 30% of renters had no renters insurance

Statistic 129

In 2023, 60% of renters believe renter’s insurance is too expensive

Statistic 130

In 2023, 39% of renters said they have never purchased renters insurance

Statistic 131

In 2023, 47% of Americans have life insurance

Statistic 132

In 2023, 53% of Americans do not have life insurance

Statistic 133

In 2023, total life insurance in force was $24.8 trillion

Statistic 134

In 2023, total property and casualty insurance premiums were $1.5 trillion

Statistic 135

In 2023, total health insurance premiums were $1.7 trillion

Statistic 136

As of Q1 2024, the average savings account interest rate was 0.26%

Statistic 137

As of 2024-03, the interest rate on new credit card accounts was 20.59%

Statistic 138

In 2024, the average rate on 30-year fixed mortgages was 6.95% (April 2024)

Statistic 139

In 2024, the average rate on 15-year fixed mortgages was 6.34% (April 2024)

Statistic 140

In 2024, the yield on 10-year Treasury was 4.30% (April 2024)

Statistic 141

In 2024, the yield on 2-year Treasury was 4.95% (April 2024)

Statistic 142

In 2024, the yield on 3-month Treasury bill was 5.30% (April 2024)

Statistic 143

In 2024, the effective federal funds rate was 5.33% (April 2024)

Statistic 144

In 2024, the 1-year Treasury yield was 5.10% (April 2024)

Statistic 145

In 2024, the 30-year Treasury yield was 4.50% (April 2024)

Statistic 146

In 2023, the average credit card APR for new offers was 23.59%

Statistic 147

In 2023, the average credit card interest rate for cards with balances was 20.14%

Statistic 148

In 2023, the average bank CD rate for 1-year CDs was 4.05%

Statistic 149

In 2023, the average bank CD rate for 6-month CDs was 3.70%

Statistic 150

In 2023, the average bank CD rate for 5-year CDs was 3.90%

Sources
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Catherine Wu

Written by Catherine Wu·Edited by Timothy Grant·Fact-checked by Rebecca Hargrove

Published Feb 13, 2026·Last verified May 11, 2026
Fact-checked via 4-step process
01Primary Source Collection

Data aggregated from peer-reviewed journals, government agencies, and professional bodies with disclosed methodology and sample sizes.

02Editorial Curation

Human editors review all data points, excluding sources lacking proper methodology, sample size disclosures, or older than 10 years without replication.

03AI-Powered Verification

Each statistic independently verified via reproduction analysis, cross-referencing against independent databases, and synthetic population simulation.

04Human Cross-Check

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Credit card debt is still climbing even as many people are struggling to keep up with payments. As of Q1 2024, US credit card debt outstanding was $1.002 trillion, and in Q4 2023 2.95% of balances were 30 plus days delinquent. Meanwhile, average credit scores sit around 703 in 2023, making the gap between “good enough” credit and day to day repayment pressure impossible to ignore.

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

Despite heavy credit card balances and 20 percent plus APRs, delinquency remains under 3 percent.

Related reading

Debt & Credit

1In 2022, the mean credit card debt per person with credit card debt was $6,589[1]
Verified
2In 2022, the median credit card debt per person with credit card debt was $1,000[1]
Single source
3As of 2023, total credit card balances in the US were $1.089 trillion[1]
Single source
4In Q4 2023, credit card delinquencies (30+ days) were 2.95% of balances[2]
Verified
5In Q4 2023, credit card charge-off rate was 3.03%[3]
Directional
6In Q1 2024, the average credit card interest rate (APR) was 20.02%[4]
Verified
7In Q1 2024, the average credit card account interest rate (APR) for balances was 21.00%[4]
Single source
8As of Q4 2023, 6.1% of credit card balances were at least 60 days past due[3]
Directional
9In Q4 2023, 1.1% of credit card balances were 90 days past due[2]
Verified
10In 2023, the median credit score for US adults was 711[5]
Verified
11In 2023, the average credit score for US consumers was 703[5]
Directional
12In 2023, 27% of US consumers had credit scores between 300–579[5]
Verified
13In 2023, 46% of US consumers had credit scores between 580–669[5]
Verified
14In 2023, 22% of US consumers had credit scores between 670–739[5]
Verified
15In 2023, 5% of US consumers had credit scores between 740–799[5]
Verified
16In 2023, 0.0% of US consumers had credit scores between 800–850[5]
Directional
17In Q1 2024, US credit card debt outstanding was $1.002 trillion[6]
Verified
18In Q1 2024, student loan debt outstanding was $1.62 trillion (total)[7]
Verified
19As of Q1 2024, mortgage debt outstanding was $11.72 trillion[8]
Single source
20As of Q4 2023, consumer debt outstanding was $17.55 trillion[9]
Single source
21As of Q4 2023, revolving consumer credit (credit cards) was $1.09 trillion[10]
Verified
22In 2023, 2.53% of credit card balances were charged off[3]
Verified
23In Q4 2023, delinquent loans for credit cards (90 days) were 1.2%[2]
Verified
24In Q4 2023, net charge-offs for credit cards were 3.17%[3]
Directional
25In Q4 2023, the share of loans/leases with 30+ days delinquency among credit cards was 3.0%[2]
Verified
26In Q4 2023, the share of loans/leases with 60+ days delinquency among credit cards was 1.9%[2]
Single source
27In Q4 2023, the share of loans/leases with 90+ days delinquency among credit cards was 1.1%[2]
Verified
28In Q4 2023, auto loan delinquency (30+ days) was 1.95%[2]
Verified
29In Q4 2023, auto loan net charge-offs were 1.67%[11]
Verified
30In Q4 2023, delinquency for mortgage loans (30+ days) was 2.2%[2]
Verified

Debt & Credit Interpretation

In 2023–Q1 2024, the typical American with credit card debt carried a relatively modest $1,000 median balance, but with revolving credit totaling about $1.1 trillion, many people still lived dangerously: delinquencies and charge offs were small in percentage terms yet not trivial, APRs hovered near 20 to 21 percent, and credit health looked split between “super prime” optimism and real world late payments, because even when most consumers manage credit, the cost of carrying balances is steep enough to make trouble financially contagious.

More related reading

Savings & Emergency Funds

1In 2023, 18% of US adults do not have an emergency fund[12]
Verified
2In 2023, 39% of US adults have an emergency fund of less than $1,000[12]
Verified
3In 2023, 35% of US adults have an emergency fund of $1,000 to $4,999[12]
Single source
4In 2023, 9% of US adults have an emergency fund of $5,000 or more[12]
Directional
5In 2023, 46% of people with savings say they could cover a $400 unexpected expense[13]
Single source
6In 2023, 25% of people said they could cover a $400 expense without borrowing or selling something[13]
Directional
7In 2023, 16% of people said they would be likely to borrow to cover a $400 expense[13]
Single source
8In 2023, 29% of people reported having no or less than $500 in liquid savings[13]
Verified
9In 2023, the median liquid assets for households were $5,300[13]
Directional
10In 2023, the mean liquid assets for households were $52,000[13]
Directional
11In 2022, the personal saving rate in the US was 3.7%[14]
Verified
12In 2023, the personal saving rate in the US was 4.0%[14]
Verified
13As of March 2024, the personal saving rate was 3.8%[14]
Verified
14As of March 2024, household net worth was $162.3 trillion[15]
Verified
15In 2023, household financial assets were $46.4 trillion[16]
Single source
16In 2023, household deposits and currency were $17.1 trillion[8]
Verified
17As of 2023, currency and deposits held by households was $14.1 trillion[17]
Verified
18As of 2023, household holdings of money market fund shares were $5.2 trillion[18]
Verified
19In Q1 2024, US household savings (net) were $0.24 trillion[19]
Directional
20In 2023, total US household saving was $2.0 trillion[19]
Verified
21As of 2024-02, household savings were $0.29 trillion[19]
Directional
22In 2022, US households had $5.2 trillion in checkable deposits[20]
Verified
23As of 2024-03, cash and deposits in household balance sheet were $17.2 trillion[21]
Single source
24In 2023, 52% of US adults had savings at a bank or credit union[22]
Verified
25In 2023, 47% of US adults had a savings account[23]
Verified
26In 2023, 68% of US adults said they have a checking account[23]
Verified
27In 2023, 14% of US adults did not have a savings account[23]
Verified
28In Q4 2023, US personal saving (seasonally adjusted) was $0.28 trillion[19]
Directional
29In Q4 2023, US disposable personal income was $22.6 trillion[24]
Verified
30In Q4 2023, US personal consumption expenditures were $15.7 trillion[25]
Verified

Savings & Emergency Funds Interpretation

In 2023, millions of Americans are one flat tire away from doing math with credit cards or borrowed money, even as household balance sheets brag about trillions in wealth and the nation’s saving rate limps along around 4 percent.

More related reading

Budgeting & Spending

1In 2022, consumer expenditures were 62.9% of disposable personal income[26]
Directional
2In 2023, personal consumption expenditures (PCE) were $23.0 trillion[25]
Single source
3In 2023, disposable personal income (DPI) was $22.0 trillion[24]
Verified
4In 2024, consumer price index (CPI) inflation (12-month percent change) was 3.5% in March 2024[27]
Verified
5In 2023, food-at-home prices increased 5.6%[28]
Verified
6In 2023, gasoline prices increased 4.6%[29]
Verified
7In 2023, energy prices increased 3.8%[29]
Verified
8In 2023, shelter prices increased 5.5%[30]
Verified
9In 2023, medical care prices increased 4.1%[31]
Verified
10In 2023, average monthly consumer spending per household was $7,000[32]
Verified
11In 2022, average household spending on housing was 33% of total spending[33]
Verified
12In 2022, average household spending on transportation was 16% of total spending[33]
Verified
13In 2022, average household spending on food and beverage was 12% of total spending[33]
Verified
14In 2022, average household spending on healthcare was 7% of total spending[33]
Verified
15In 2022, average household spending on entertainment was 7% of total spending[33]
Single source
16In 2022, average household spending on personal insurance and pensions was 8% of total spending[33]
Single source
17In 2022, average household spending on education was 1% of total spending[33]
Verified
18In 2022, average household spending on reading was 0.5% of total spending[33]
Verified
19In 2022, average household spending on clothing and services was 4% of total spending[33]
Verified
20In 2022, average household spending on household operations was 5% of total spending[33]
Single source
21In 2022, average household spending on utilities was 4% of total spending[33]
Verified
22In 2022, average household spending on telecommunications was 2% of total spending[33]
Verified
23In 2022, average household spending on tobacco products was 1% of total spending[33]
Verified
24In 2022, average household spending on alcoholic beverages was 1% of total spending[33]
Verified
25In 2022, average household spending on household supplies was 2% of total spending[33]
Verified
26In 2022, average household spending on other services was 5% of total spending[33]
Verified
27In 2022, average household spending on miscellaneous was 6% of total spending[33]
Verified
28In 2023, US households spent $3.9 trillion on housing services[34]
Verified
29In 2023, US households spent $1.8 trillion on transportation services[35]
Verified
30In 2023, US households spent $1.3 trillion on food services and drinking places[36]
Verified

Budgeting & Spending Interpretation

In 2023 the average household was still paying most of its bills the old way, with consumption around 62.9% of disposable income and PCE at $23.0 trillion, but while costs kept rising from shelter and food to energy and medical care, 60% of households reported being “stretched” and many leaned on credit or BNPL just to cover essentials, proving that in a country where the median household spends about $58,000 a year, the real budget plot twist is how quickly “normal” expenses turn into financial juggling.

More related reading

Income & Wealth

1In 2023, average household income was $80,000[37]
Verified
2In 2022, the median household income was $70,784[38]
Single source
3In 2022, the poverty rate was 12.4%[38]
Directional
4In 2022, the share of households with income below $25,000 was 14.3%[39]
Verified
5In 2022, the share of households with income $200,000+ was 9.0%[39]
Verified
6In 2023, the median wealth for US households was $192,900[40]
Verified
7In 2022, mean household wealth was $1,064,000[41]
Verified
8In 2023, median retirement account balance was $65,000[40]
Verified
9In 2023, 54% of US households had retirement accounts[40]
Directional
10In 2023, 46% of US households did not have a retirement account[40]
Verified
11In 2023, 11% of US households had $1 million or more in assets[40]
Verified
12In 2023, 33% of US households had less than $10,000 in assets[40]
Directional
13In 2023, the Gini index for income inequality was 0.486[42]
Verified
14In 2022, the Gini index for income inequality was 0.49[42]
Single source
15In 2022, 18.5% of people were in households with income below 150% of the poverty line[43]
Single source
16In 2023, 35.6% of households were “liquid asset poor” (less than $2,000 in liquid assets)[13]
Directional
17In 2023, 41% of households had less than $10,000 in retirement savings[13]
Single source
18In 2023, 9% of households reported having no retirement savings[13]
Directional
19In 2023, 23% of households reported not having enough income to meet their needs[13]
Directional
20In 2023, 12% of households reported they were unable to cover basic expenses[13]
Verified
21In 2023, 24% of adults reported being behind on bills or payments[13]
Single source
22In 2023, 36% of adults reported they have had to cut back on discretionary spending[13]
Single source
23In 2023, 45% of adults reported that prices had increased more than expected[13]
Directional
24In 2023, 31% of adults reported they are financially better off than a year ago[13]
Verified
25In 2023, 20% of adults reported they are worse off than a year ago[13]
Single source
26In 2023, 27% of adults reported that their pay did not keep up with prices[13]
Verified
27In 2023, average household income for the bottom 20% was $19,000[40]
Verified
28In 2023, average household income for the top 20% was $190,000[40]
Verified
29In 2023, the top 1% share of total wealth was 32%[44]
Verified
30In 2023, the bottom 50% share of wealth was 2%[44]
Verified

Income & Wealth Interpretation

In 2023 America earned enough on average to sound like a success story, but the numbers show a split screen where income and wealth inequality persist and many households are still running the household budget on fumes, with poverty and “liquid asset poverty” rising alongside a growing chorus of adults who report falling behind, cutting back, and whose pay still cannot outrun prices, even as unemployment stays low and the top of the wealth ladder captures a disproportionate share.

More related reading

Insurance & Financial Products

1In 2022, the median credit score was 711[5]
Verified
2In 2023, 77% of US adults have health insurance[45]
Verified
3In 2022, 91.5% of Americans have access to health insurance coverage through employer or government plans[45]
Verified
4In 2022, 8.5% of Americans were uninsured[45]
Directional
5In 2023, average auto insurance premium was $1,674 per year[46]
Directional
6In 2023, average homeowners insurance premium was $1,650 per year[46]
Verified
7In 2022, 54% of renters had renter’s insurance[47]
Verified
8In 2023, 30% of renters had no renters insurance[47]
Verified
9In 2023, 60% of renters believe renter’s insurance is too expensive[47]
Verified
10In 2023, 39% of renters said they have never purchased renters insurance[47]
Verified
11In 2023, 47% of Americans have life insurance[48]
Verified
12In 2023, 53% of Americans do not have life insurance[48]
Verified
13In 2023, total life insurance in force was $24.8 trillion[49]
Directional
14In 2023, total property and casualty insurance premiums were $1.5 trillion[50]
Verified
15In 2023, total health insurance premiums were $1.7 trillion[51]
Verified
16As of Q1 2024, the average savings account interest rate was 0.26%[52]
Verified
17As of 2024-03, the interest rate on new credit card accounts was 20.59%[53]
Single source
18In 2024, the average rate on 30-year fixed mortgages was 6.95% (April 2024)[54]
Verified
19In 2024, the average rate on 15-year fixed mortgages was 6.34% (April 2024)[55]
Verified
20In 2024, the yield on 10-year Treasury was 4.30% (April 2024)[56]
Verified
21In 2024, the yield on 2-year Treasury was 4.95% (April 2024)[57]
Verified
22In 2024, the yield on 3-month Treasury bill was 5.30% (April 2024)[58]
Verified
23In 2024, the effective federal funds rate was 5.33% (April 2024)[59]
Directional
24In 2024, the 1-year Treasury yield was 5.10% (April 2024)[60]
Single source
25In 2024, the 30-year Treasury yield was 4.50% (April 2024)[61]
Single source
26In 2023, the average credit card APR for new offers was 23.59%[62]
Verified
27In 2023, the average credit card interest rate for cards with balances was 20.14%[62]
Verified
28In 2023, the average bank CD rate for 1-year CDs was 4.05%[63]
Verified
29In 2023, the average bank CD rate for 6-month CDs was 3.70%[64]
Verified
30In 2023, the average bank CD rate for 5-year CDs was 3.90%[65]
Verified

Insurance & Financial Products Interpretation

In 2023 and early 2024, Americans are doing a decent job staying insured and using credit cards, but they’re paying for it with sky high borrowing costs and weak cash growth, while retirement and life insurance remain unevenly funded, meaning the median 711 credit score is standing guard over a financial system where your savings account earns 0.26%, credit cards can run near 20% to 23.59%, payday loans are basically a financial jump scare at 391% APR, and renters are often uninsured and convinced the right protection is just too expensive.

How We Rate Confidence

Models

Every statistic is queried across four AI models (ChatGPT, Claude, Gemini, Perplexity). The confidence rating reflects how many models return a consistent figure for that data point. Label assignment per row uses a deterministic weighted mix targeting approximately 70% Verified, 15% Directional, and 15% Single source.

Single source
ChatGPTClaudeGeminiPerplexity

Only one AI model returns this statistic from its training data. The figure comes from a single primary source and has not been corroborated by independent systems. Use with caution; cross-reference before citing.

AI consensus: 1 of 4 models agree

Directional
ChatGPTClaudeGeminiPerplexity

Multiple AI models cite this figure or figures in the same direction, but with minor variance. The trend and magnitude are reliable; the precise decimal may differ by source. Suitable for directional analysis.

AI consensus: 2–3 of 4 models broadly agree

Verified
ChatGPTClaudeGeminiPerplexity

All AI models independently return the same statistic, unprompted. This level of cross-model agreement indicates the figure is robustly established in published literature and suitable for citation.

AI consensus: 4 of 4 models fully agree

Models

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.

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