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796. Ratios of Debt Payments to Family Income: 1989 to 1995

[In percent.Constant dollar figures are based on consumer price index datapublished by U.S. Bureau of Labor Statistics.Families include one-person units;for definition of family, see text, Section 1, Population.Based on Survey of Consumer Finance; see Appendix III.For definition of median, see Guide to Tabular Presentation]

 
RATIO OF DEBT PAYMENTS RATIO OF DEBT PAYMENTS PERCENT OF DEBTORS WITH PERCENT OF DEBTORS WITH
AGE OF FAMILY HEAD TO FAMILY INCOME TO FAMILY INCOME
AND -
FAMILY INCOME Aggregate Median Ratios above 40 percent Any payment 60 days
(constant (1998) dollars) or more past due
- - -
1989 1992 1995 1998 1989 1992 1995 1998 1989 1992 1995 1998 1989 1992 1995 1998
 
  All families 12.7 14.1 13.6 14.5 15.9 16.1 16.1 17.6 10.1 10.9 10.5 12.7 7.3 6.0 7.1 8.1
 
Under 35 years old 18.0 16.5 17.1 16.6 17.3 16.6 16.9 17.4 12.7 10.5 11.0 11.8 11.2 8.3 8.7 11.1
35 to 44 years old 16.7 17.8 16.6 17.0 17.9 19.0 18.1 19.4 7.8 11.6 9.2 11.6 6.4 6.8 7.7 8.4
45 to 54 years old 12.2 14.6 14.6 16.3 16.2 16.1 16.6 17.8 10.9 10.2 10.4 11.6 4.5 5.4 7.4 7.4
55 to 64 years old 9.0 11.4 11.5 12.9 12.6 14.5 14.0 16.7 8.6 14.3 14.5 13.9 7.4 4.7 3.2 7.5
65 to 74 years old 5.5 7.8 6.9 8.5 11.1 10.6 12.2 13.9 7.7 7.8 7.8 17.5 3.3 1.0 5.3 3.1
75 years old and over 2.1 3.4 2.9 3.9 9.8 5.0 3.4 8.9 14.1 8.7 8.9 20.9 1.2 1.8 5.4 1.1
 
Less than $10,000 16.2 16.8 19.5 19.4 23.0 19.5 15.4 20.3 28.6 28.4 27.6 32.0 20.9 11.6 8.4 15.1
$10,000 to $24,999 12.5 14.8 16.1 16.2 16.4 15.3 17.7 17.8 15.0 15.5 17.3 19.9 12.2 9.3 11.3 12.3
$25,000 to $49,999 16.0 16.5 16.2 17.4 16.1 16.3 16.6 18.1 9.1 9.6 8.0 13.8 4.8 6.3 8.6 9.2
$50,000 to $99,999 16.5 15.3 16.0 17.4 16.2 17.0 16.9 18.3 4.9 4.4 4.2 5.7 4.5 2.2 2.7 4.5
$100,000 and more 8.0 10.7 8.7 10.0 11.8 13.7 11.1 13.1 1.8 2.2 1.7 2.1 1.2 0.5 1.3 1.5


Source: Board of Governors of the Federal Reserve System,Federal Reserve Bulletin, January 2000,and unpublished data.

http://www.federalreserve.gov/rnd.htm

https://allcountries.org/uscensus/796_ratios_of_debt_payments_to_family.html

These tables are based on figures supplied by the United States Census Bureau, U.S. Department of Commerce and are subject to revision by the Census Bureau.

Copyright © 2019 Photius Coutsoukis and Information Technology Associates, all rights reserved.