This statistic shows the amount of money Generation Zers needed to save per month to afford a down payment in selected markets in the United States by 2031, as of 2019. In order to have enough saved for a ten percent down payment on a home in San Francisco by 2031, those who became 18 years old in 2019 would need to save 1,439 U.S. dollars per month for the next twelve years.
Amount of money needed by Generation Z per month to afford a ten percent down payment in selected markets in the United States by 2031
(in U.S. dollars)
Generation Z refers to those born between 1995 and 2015. This data shows much someone who was 18 years old in 2019 would need to save monthly to be able to afford a ten percent down payment for the median home in the most populous metropolitan areas by 2031.
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Forbes. (February 10, 2019). Amount of money needed by Generation Z per month to afford a ten percent down payment in selected markets in the United States by 2031 (in U.S. dollars) [Graph]. In Statista. Retrieved January 27, 2020, from https://www.statista.com/statistics/973204/monthly-savings-gen-z-down-payment-thirty/
Forbes. "Amount of money needed by Generation Z per month to afford a ten percent down payment in selected markets in the United States by 2031 (in U.S. dollars)." Chart. February 10, 2019. Statista. Accessed January 27, 2020. https://www.statista.com/statistics/973204/monthly-savings-gen-z-down-payment-thirty/
Forbes. (2019). Amount of money needed by Generation Z per month to afford a ten percent down payment in selected markets in the United States by 2031 (in U.S. dollars). Statista. Statista Inc.. Accessed: January 27, 2020. https://www.statista.com/statistics/973204/monthly-savings-gen-z-down-payment-thirty/
Forbes. "Amount of Money Needed by Generation Z per Month to Afford a Ten Percent down Payment in Selected Markets in The United States by 2031 (in U.S. Dollars)." Statista, Statista Inc., 10 Feb 2019, https://www.statista.com/statistics/973204/monthly-savings-gen-z-down-payment-thirty/
Forbes, Amount of money needed by Generation Z per month to afford a ten percent down payment in selected markets in the United States by 2031 (in U.S. dollars) Statista, https://www.statista.com/statistics/973204/monthly-savings-gen-z-down-payment-thirty/ (last visited January 27, 2020)
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