Sources used to fund most recent home improvement project in the U.S. 2014, by age

Which of the following did you or your decision maker use to pay for your most recent project?

by Statista Research Department, last edited Mar 31, 2014
Sources used to fund most recent home improvement project in the U.S. 2014, by age This statistic depicts the sources used to fund most recent home improvement project in the United States in 2014, by age group. The survey revealed that 23 percent of respondents between the ages of 35 and 44 used a credit card to fund their most recent home improvement project.
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Which of the following did you or your decision maker use to pay for your most recent project?

<3535-4445-5455+
Paid in cash/from personal finances80%79%79%81%
Used a credit card30%23%21%21%
Took out a loan of any type15%18%15%13%
Borrowed money from friends/family4%3%1%1%
Borrowed from retirement or pension account1%2%2%3%
Refinanced home mortgage and got cash back1%3%3%2%
Other3%3%4%4%
<3535-4445-5455+
Paid in cash/from personal finances80%79%79%81%
Used a credit card30%23%21%21%
Took out a loan of any type15%18%15%13%
Borrowed money from friends/family4%3%1%1%
Borrowed from retirement or pension account1%2%2%3%
Refinanced home mortgage and got cash back1%3%3%2%
Other3%3%4%4%
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by Statista Research Department, last edited Mar 31, 2014
This statistic depicts the sources used to fund most recent home improvement project in the United States in 2014, by age group. The survey revealed that 23 percent of respondents between the ages of 35 and 44 used a credit card to fund their most recent home improvement project.
Show more
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