Credit Card Use, 1992-2004
Updated August 5, 2020 | Infoplease Staff
General-purpose credit cards include Mastercard, Visa, Optima, and Discover. All dollar figures are given in constant 1998 dollars based on consumer price index data as published by the U.S. Bureau of Labor Statistics.
|Percent of cardholding families who:|
|Age of family |
head and family
|Percent having a |
|Percent having |
a balance after
last month's bills
|Almost always |
|Hardly ever |
|Under 35 years old||60.6||66.1||1,500||49.0||20.4||30.6|
|35-44 years old||73.3||70.8||2,400||41.6||26.2||32.2|
|45-54 years old||77.5||61.2||3,000||49.3||23.9||26.6|
|55-64 years old||78.2||46.1||2,500||66.8||16.8||16.5|
|65-74 years old||75.5||37.7||2,300||70.7||13.4||15.9|
|75 years old and over||65.4||32.2||1,100||77.5||12.9||9.7|
|Less than $10,000||31.5||59.4||1,200||50.9||17.3||31.9|
|$100,000 and more||96.6||42.8||3,400||71.1||20.2||8.7|
1. Families include one-person units. 2. Among families having a balance.
Source: Board of Governors of the Federal Reserve System, unpublished data. From Statistical Abstract of the United States, 2008.
|Per Capita Consumption of Principal Foods||U.S. Economy and the Federal Budget||Personal Consumption Expenditures|