Financial Statistics & Data (2025)

6.85%

30-Year Fixed Rate

Freddie Mac • Jan 2025

6.08%

15-Year Fixed Rate

Freddie Mac • Jan 2025

$420,800

Median Home Price (US)

NAR • Q4 2024

$2,317

Average Monthly Mortgage

Census Bureau • 2024

14.2%

Average Down Payment

NAR • 2024

32.9%

Homeownership Rate (Under 35)

Census Bureau • 2024

$6,501

Average Credit Card Balance

Experian • 2024

20.78%

Average Credit Card APR

Federal Reserve • 2024

$104,215

Average Consumer Debt

Experian • 2024

3.17%

Credit Card Delinquency Rate

Federal Reserve • Q3 2024

$23,792

Average Auto Loan Balance

Experian • 2024

8.40%

Average Auto Loan Rate (New)

Bankrate • Jan 2025

$87,000

Median 401(k) Balance

Vanguard • 2024

$134,128

Average 401(k) Balance

Fidelity • 2024

$23,500

401(k) Contribution Limit

IRS • 2025

$7,000

IRA Contribution Limit

IRS • 2025

22%

Don't Have Any Retirement Savings

Federal Reserve • 2024

4.1%

Average 401(k) Return (2024)

Fidelity • 2024

$37,853

Average Student Debt (Graduates)

Education Data • 2024

$1.77T

Total US Student Debt

Federal Reserve • 2024

43.5M

Americans with Student Debt

Federal Reserve • 2024

6.53%

Federal Student Loan Rate

Dept of Education • 2024-25

$393

Average Monthly Payment

Education Data • 2024

20 years

Average Repayment Timeline

Brookings • 2024

$59,384

Median Personal Income

Census Bureau • 2024

$80,610

Median Household Income

Census Bureau • 2024

2.9%

Inflation Rate (CPI)

BLS • Dec 2024

4.1%

Unemployment Rate

BLS • Dec 2024

$15.00

Effective Min Wage (20+ States)

DOL • 2025

12.4%

Social Security Tax Rate

SSA • 2025

4.6%

Personal Savings Rate

BEA • Nov 2024

$8,000

Median Emergency Fund

Bankrate • 2024

27%

Have No Emergency Savings

Bankrate • 2024

4.50%

High-Yield Savings APY

FDIC • Jan 2025

$250,000

FDIC Insurance Limit

FDIC • 2025

56%

Live Paycheck to Paycheck

PYMNTS • 2024