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)
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Gen Z and the housing market in the U.S.
Introduction
7
- Premium Statistic Homeownership expectations of adults in the United States in 2020, by generation
- Premium Statistic Living arrangements of 18-24-year olds in the U.S. 2023, by gender
- Premium Statistic Reasons why Gen Zers want to buy a house in the U.S. 2022
- Premium Statistic Reasons why Gen Zers want to continue renting in the U.S. 2021
- Premium Statistic Home buyers in the U.S. 2022, by generation
- Premium Statistic Home sellers in the U.S. 2022, by generation
- Premium Statistic Length of current tenure of Gen Z adults in the U.S. 2021
Home buying
8
- Premium Statistic Leading metros for Gen Z house buyers in the U.S. in 2022
- Premium Statistic Share of Gen Z planning a home purchase in the U.S. Q3 2019-Q2 2023
- Premium Statistic Share of Gen Z actively looking for a home in the U.S. Q3 2019-Q2 2022
- Premium Statistic Share of prospective home buyers who prefer a new home 2021-2023, by generation
- Premium Statistic Main reason for timing of home purchase in the U.S. 2022, by generation
- Premium Statistic COVID-19 effect on homeownership plans U.S. 2020, by ethnicity and demographic
- Premium Statistic U.S.: COVID-19 effect on homeownership plans parents 2020, by generation
- Premium Statistic Gen Z's current and preferred home location in the U.S. 2021
Home financing and affordability
7
- Premium Statistic Median income of home buyers in the U.S. 2022, by generation
- Premium Statistic Average down payment in the leading metros for Gen Z house buyers in the U.S. in 2022
- Premium Statistic Average mortgage loan in the leading metros for Gen Z house buyers in the U.S. 2022
- Premium Statistic Credit score in the metros with the highest share of Gen Z home buyers U.S. 2022
- Premium Statistic Leading obstacles to homebuying for Gen Zers in the U.S. 2022
- Premium Statistic Buyers able to afford less than half of homes for sale U.S. 2020-2023, by generation
- Premium Statistic Homebuyers who struggle to find a home due to affordability U.S. 2023, by generation
Renting
7
- Premium Statistic Breakdown of apartment applicants in the U.S. 2021, by generation
- Basic Statistic Most important apartment features for renters in the U.S. 2020, by generation
- Premium Statistic Credit score for renting different apartments in the U.S. 2020, by generation
- Premium Statistic Most popular metros for Gen Z apartment applicants in the U.S. 2021, by metro
- Premium Statistic Most popular cities for Gen Z apartment applicants in the U.S. 2021, by city
- Premium Statistic Increasingly popular cities for Gen Z apartment applicants the U.S. 2021
- Premium Statistic Gen Z touring preferences when looking for a rental apartment in the U.S. 2020
Further related statistics
20
- Average quarterly savings per capita Great Britain 2010-2016
- Savings as a share of average income in Great Britain 2013 - 2015, by gender
- Amount saved monthly by adults in Great Britain 2005-2015, by gender
- Savings as a share of average income in Great Britain 2014, by age group
- Amount saved monthly in Great Britain 2014, by age group
- Amount of money saved in saving accounts in the United States 2019, by gender
- Amount of money saved in saving accounts in the United States 2017, by generation
- Amount of money saved in saving accounts in the United States 2016, by income
- Saving for a down payment vs avocado toast in years globally 2017
- Amount of money saved in savings accounts in the U.S. 2023
- Years needed to save for five percent down payment in selected U.S. markets 2018
- Italy: ownership of financial products among Post-Millennials 2016, by gender
- Number of years first-time homebuyers need for down payment in U.S. metros 2019
- Italy: parents' opinion about children's financial literacy 2016
- Household net savings in Denmark 2010-2023
- Most popular cities for Gen Z apartment applicants in New York, U.S 2020
- Female teens' & young women's assessment of online platforms in Latin America 2021
- Participation in boycott against Japanese products Generation Z South Korea 2019
- Peru: main company attributes attracting GenZers 2020
- Frequency of performing different in-store activities by Generation Z in Poland 2018
Further Content: You might find this interesting as well
Statistics
- Average quarterly savings per capita Great Britain 2010-2016
- Savings as a share of average income in Great Britain 2013 - 2015, by gender
- Amount saved monthly by adults in Great Britain 2005-2015, by gender
- Savings as a share of average income in Great Britain 2014, by age group
- Amount saved monthly in Great Britain 2014, by age group
- Amount of money saved in saving accounts in the United States 2019, by gender
- Amount of money saved in saving accounts in the United States 2017, by generation
- Amount of money saved in saving accounts in the United States 2016, by income
- Saving for a down payment vs avocado toast in years globally 2017
- Amount of money saved in savings accounts in the U.S. 2023
- Years needed to save for five percent down payment in selected U.S. markets 2018
- Italy: ownership of financial products among Post-Millennials 2016, by gender
- Number of years first-time homebuyers need for down payment in U.S. metros 2019
- Italy: parents' opinion about children's financial literacy 2016
- Household net savings in Denmark 2010-2023
- Most popular cities for Gen Z apartment applicants in New York, U.S 2020
- Female teens' & young women's assessment of online platforms in Latin America 2021
- Participation in boycott against Japanese products Generation Z South Korea 2019
- Peru: main company attributes attracting GenZers 2020
- Frequency of performing different in-store activities by Generation Z in Poland 2018
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 April 18, 2024, 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 April 18, 2024. 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: April 18, 2024. 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 April 18, 2024)
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], Forbes, February 10, 2019. [Online]. Available: https://www.statista.com/statistics/973204/monthly-savings-gen-z-down-payment-thirty/