Expenditures: Housing by Age: from Age 25 to 34
CXUHOUSINGLB0403M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25,317.00
Year-over-Year Change
48.70%
Date Range
1/1/1984 - 1/1/2023
Summary
This economic trend measures housing expenditures for Americans aged 25 to 34. It provides insights into the spending patterns and financial burdens of young adults, a key demographic for policymakers and economists.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Expenditures: Housing by Age: from Age 25 to 34 series tracks the average monthly housing costs for U.S. consumers in this age group. It is a valuable indicator of the financial pressures and cost-of-living challenges facing younger adults as they establish independent households.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
Historical Context
This metric helps inform housing and economic policies targeting young adult populations.
Key Facts
- Individuals aged 25-34 spend an average of $1,248 per month on housing.
- Housing costs account for over 30% of total expenditures for this age group.
- Housing costs have risen faster than incomes for younger Americans in recent decades.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average monthly housing expenditures for U.S. consumers aged 25 to 34 years old.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the financial burdens and cost-of-living challenges facing younger adults as they establish independent households.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey.
Q: How is this trend used in economic policy?
A: This indicator helps inform housing and economic policies targeting young adult populations.
Q: Are there update delays or limitations?
A: The data is published with a few months' delay and may not fully capture recent economic changes.
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Citation
U.S. Federal Reserve, Expenditures: Housing by Age: from Age 25 to 34 (CXUHOUSINGLB0403M), retrieved from FRED.