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32. 1997 Economic Census
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817. Usage of General Purpose Credit Cards by Families
[General purpose credit cards include Mastercard, Visa, Optima, and Discover cards.Excludes cards used only for business purposes.All dollar figures are given in constant 1998
dollars.based on consumer price index dataas published 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]
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AGE OF FAMILY HEAD,
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Percent
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Median
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Percent
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PERCENT OF CARDHOLDING FAMILIES WHO
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FAMILY INCOME,
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having a
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Median
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new charges
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having a
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Median
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AND HOUSING TENURE
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general
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number
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on last
|
balance
|
balance 1
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Almost always
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Sometimes
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Hardly ever
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purpose
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of cards
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month's bill
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after last
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pay off
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pay off
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pay off
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credit card
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month's bill
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the balance
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the balance
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the balance
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1989, total
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56.0
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2
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100
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52.1
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1,300
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52.9
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21.2
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25.8
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Age of family head:
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Under 35 years old
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47.9
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2
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200
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67.9
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1,400
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43.3
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23.7
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33.0
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35 to 44 years old
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62.2
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2
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100
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60.8
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1,500
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41.2
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26.2
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32.6
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45 to 54 years old
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66.4
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2
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300
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55.2
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1,400
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44.3
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26.0
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29.7
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55 to 64 years old
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58.3
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2
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100
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46.1
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1,200
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62.7
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16.3
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21.0
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65 to 74 years old
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57.5
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1
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100
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30.1
|
800
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74.8
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13.8
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11.5
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75 years old and over
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43.6
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1
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0
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12.3
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400
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88.3
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7.4
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4.3
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Family income:
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Less than $10,000
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14.6
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1
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100
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38.1
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600
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60.4
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18.7
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20.9
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$10,000 to $24,999
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33.2
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1
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100
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45.8
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1,100
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54.3
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17.9
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27.9
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$25,000 to $49,999
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64.9
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1
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100
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58.5
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1,100
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48.1
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23.9
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28.0
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$50,000 to $99,999
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81.7
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2
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200
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56.9
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1,700
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49.1
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22.4
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28.5
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$100,000 and more
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93.1
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2
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500
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35.9
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2,500
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69.9
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16.2
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13.9
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Housing tenure:
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Owner occupied
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67.3
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2
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100
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49.7
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1,300
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56.8
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19.9
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23.3
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Renter occupied or other
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36.0
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2
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100
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60.1
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1,300
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40.1
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25.6
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34.3
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1992, total
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62.4
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2
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100
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52.6
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1,100
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53.0
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19.6
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27.4
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Age of family head:
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Under 35 years old
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55.9
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2
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100
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67.4
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1,000
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40.0
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24.9
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35.1
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35 to 44 years old
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64.5
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2
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200
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62.9
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1,500
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44.5
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22.0
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33.5
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45 to 54 years old
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71.5
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2
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200
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55.2
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1,700
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51.1
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19.7
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29.2
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55 to 64 years old
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67.5
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2
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200
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41.0
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1,100
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61.9
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17.2
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20.9
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65 to 74 years old
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63.0
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1
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100
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35.1
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1,100
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70.4
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13.5
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16.2
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75 years old and over
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51.0
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1
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100
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21.3
|
900
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77.1
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11.0
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11.9
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Family income:
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Less than $10,000
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19.9
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1
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0
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50.3
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900
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54.6
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8.7
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36.7
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$10,000 to $24,999
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48.9
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1
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100
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52.0
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1,000
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50.3
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20.2
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29.5
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$25,000 to $49,999
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70.1
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2
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100
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61.8
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1,100
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44.7
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22.7
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32.6
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$50,000 to $99,999
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87.2
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2
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200
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51.1
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1,500
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54.8
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20.0
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25.1
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$100,000 and more
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94.3
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2
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500
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32.3
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2,700
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76.5
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12.9
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10.6
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Housing tenure:
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Owner occupied
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74.1
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2
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100
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49.9
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1,100
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56.2
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19.4
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24.4
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Renter occupied or other
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41.5
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2
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100
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61.2
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1,100
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42.7
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20.3
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37.0
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1995, total
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66.4
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2
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200
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56.0
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1,600
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52.4
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20.1
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27.5
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Age of family head:
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Under 35 years old
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58.6
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2
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100
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68.9
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1,500
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40.7
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23.4
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35.9
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35 to 44 years old
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68.7
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2
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200
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67.9
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2,000
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41.2
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26.9
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32.0
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45 to 54 years old
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75.6
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2
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200
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64.3
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2,000
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47.9
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21.6
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30.6
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55 to 64 years old
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72.0
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2
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200
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48.3
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1,900
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59.2
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18.2
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22.6
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65 to 74 years old
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68.2
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2
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200
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30.3
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800
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72.5
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12.7
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14.8
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75 years old and over
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55.1
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1
|
100
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18.1
|
700
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85.8
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2.6
|
11.5
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Family income:
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Less than $10,000
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25.4
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1
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100
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55.7
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1,000
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57.7
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12.6
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29.7
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$10,000 to $24,999
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51.4
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2
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100
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57.2
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1,500
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50.4
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17.5
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32.1
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$25,000 to $49,999
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74.1
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2
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200
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58.8
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1,600
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48.5
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20.5
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31.0
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$50,000 to $99,999
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92.0
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2
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200
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58.7
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2,100
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50.2
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24.0
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25.8
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$100,000 and more
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97.1
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3
|
700
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37.9
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2,800
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71.4
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17.3
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11.3
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Housing tenure:
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Owner occupied
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77.2
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2
|
200
|
53.4
|
1,700
|
55.3
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20.7
|
24.1
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Renter occupied or other
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46.8
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2
|
100
|
64.0
|
1,400
|
43.7
|
18.4
|
37.9
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1998, total
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67.5
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2
|
200
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54.7
|
1,900
|
53.8
|
19.3
|
26.9
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Age of family head:
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|
|
|
|
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Under 35 years old
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58.3
|
2
|
200
|
71.6
|
1,500
|
39.0
|
22.5
|
38.5
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35 to 44 years old
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71.3
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2
|
200
|
62.5
|
2,000
|
46.5
|
19.1
|
34.4
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45 to 54 years old
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75.3
|
2
|
200
|
59.2
|
2,000
|
48.2
|
22.7
|
29.1
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55 to 64 years old
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76.0
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2
|
200
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48.8
|
2,300
|
61.0
|
20.1
|
18.9
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65 to 74 years old
|
71.2
|
2
|
200
|
33.9
|
1,000
|
74.0
|
14.9
|
11.1
|
|
75 years old and over
|
50.8
|
1
|
100
|
16.7
|
700
|
86.3
|
7.8
|
5.9
|
|
|
|
|
|
|
|
|
|
|
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Family income:
|
|
|
|
|
|
|
|
|
|
Less than $10,000
|
23.2
|
2
|
100
|
64.0
|
900
|
46.4
|
19.9
|
33.8
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|
$10,000 to $24,999
|
50.8
|
2
|
100
|
56.9
|
1,200
|
52.3
|
19.3
|
28.4
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$25,000 to $49,999
|
73.2
|
2
|
100
|
58.2
|
1,700
|
48.3
|
20.5
|
31.2
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|
$50,000 to $99,999
|
89.6
|
2
|
200
|
55.9
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2,400
|
53.9
|
20.2
|
25.9
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|
$100,000 and more
|
97.9
|
2
|
800
|
36.4
|
3,100
|
72.0
|
13.8
|
14.1
|
|
|
|
|
|
|
|
|
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Housing tenure:
|
|
|
|
|
|
|
|
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Owner occupied
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77.7
|
2
|
200
|
50.6
|
2,000
|
57.5
|
18.8
|
23.7
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Renter occupied or other
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47.7
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2
|
100
|
68.0
|
1,200
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41.7
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21.1
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37.1
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Z Less than $50.
1 Among families having a balance.
Source: Board of Governors of the Federal Reserve System,unpublished data.
http://www.federalreserve.gov/rnd.htm
https://allcountries.org/uscensus/817_usage_of_general_purpose_credit_cards.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.
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