Average

General average declared after fire on ONE Henry Hudson

Fire being put out on ONE container ship

Around 100 boxes damaged in last month’s blaze, which took five days to extinguish       Related Stories Daily Digest: Cyber insurers primed for growth, Gallagher Re acquires, Santam syndicate approved Daily Digest: Cyber insurers primed for growth, General average declared for ONE Henry Hudson, Santam syndicate approved Gallagher Re acquires Resilea  

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The Average Homebuyer is Now Older Than Ever—And It Has an Impact on Rent Prices

early retirement couple

In This Article The median age of homebuyers in the U.S. is a venerable 59 years old, according to the National Association of Realtors (NAR). That could be good news for prospective landlords. According to NAR data, the median age for first-time homebuyers—which accounted for 21% of all deals in the U.S.—was 40 years old

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How Much Is the Average Stock Portfolio for People in Their 60s in 2025?

How Much Is the Average Stock Portfolio for People in Their 60s in 2025?

Key Takeaways For people in their 60s, retirement accounts typically hold more than $300,000 in stocks on average—but the median balance is closer to about $100,000. Taxable brokerage accounts vary widely, but industry data show engaged near-retirees often hold low- to mid-six-figure balances. As retirement nears, many wonder if their investment portfolios will provide the

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The Average Down Payment Buyers Are Making Right Now—And How Yours Stacks Up

The Average Down Payment Buyers Are Making Right Now—And How Yours Stacks Up

Key Takeaways The average down payment for 2024–25 buyers hit 19%, the highest in more than three decades. First-time buyers typically put down about 10%, while repeat buyers averaged 23%, according to the National Association of Realtors. If you can manage to put 20% down, it will allow you to skip PMI—potentially saving hundreds each

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How Much Is the Average 401(k) Balance for People in Their 60s in 2025?

How Much Is the Average 401(k) Balance for People in Their 60s in 2025?

Key Takeaways The average 401(k) balance for people in their 60s was $568,040 in June 2025. The median amount saved was much lower, at $188,792. How much you need to have saved for retirement will depend on your lifestyle and annual spending expectations. One rule of thumb is to save eight times your annual preretirement

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Are You Paying More Rent Than Average? See How Your Rent Compares to the Typical Costs of Other Americans

Are You Paying More Rent Than Average? See How Your Rent Compares to the Typical Costs of Other Americans

Median rent by apartment size  Bedrooms  Median Rent 0-1  $1,650 2 $1,920 3+ $2,199 Source: Redfin, data as of August 2025. Regional Variation  In general, rents remain highest in larger cities and lower in smaller metropolitan areas and rural counties. In August 2025, New York City posted a median monthly asking rent of $3,397. When

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Think You’re Earning Enough? Here’s the Average Income for Ages 45–54

Think You’re Earning Enough? Here’s the Average Income for Ages 45–54

Key Takeaways Households ages 45–54 earn a median income of $91,880—the highest of any group—reflecting peak career years, greater experience, and often two full-time earners. Income levels vary widely across groups, with homeowners and college graduates earning substantially more than renters and those without a college degree. Income is just one piece of the puzzle—tracking

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You Might Have Less Debt Than You Think, Compared With the Average American—Here’s Where You Rank

You Might Have Less Debt Than You Think, Compared With the Average American—Here's Where You Rank

Key Takeaways The average American had just over $105,000 in total debt as of the third quarter of 2024, according to last data release from Experian. Knowing how much you owe compared with others can give you a relative sense of your financial health. If you’re wondering whether your debt is out of line with

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Are You on Track to Buy a Home in Your 30s or 40s? Compare Your Savings With the Average

Are You on Track to Buy a Home in Your 30s or 40s? Compare Your Savings With the Average

Key Takeaways Those under age 35 had a median transaction account balance of $5,400 as of 2022 and an average balance of $21,000. Those in the 35-44 range had a median of $7,500 and an average of $42,000. Those in the 45-54 range had a median of $9,000 and an average of $71,000. The average

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