As of April 2020, 11 percent of upper-income respondents said that their leading financial concern was losing their job. This figure increased to 21 percent for middle-income respondents and 40 percent for lower-income respondents.
Leading financial concerns among American adults in 2020, by income level
Characteristic
Upper income
Middle income
Lower income
Being able to save enough for retirement
26%
37%
50%
Paying their bills
15%
35%
59%
The amount of debt they have
21%
35%
51%
The cost of health care for them and their family
18%
35%
47%
Taking a pay cut due to reduced hours or demand for their work*
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Pew Research Center. (April 21, 2020). Leading financial concerns among American adults in 2020, by income level [Graph]. In Statista. Retrieved December 18, 2024, from https://www.statista.com/statistics/1113861/leading-financial-concerns-income-level-us/
Pew Research Center. "Leading financial concerns among American adults in 2020, by income level." Chart. April 21, 2020. Statista. Accessed December 18, 2024. https://www.statista.com/statistics/1113861/leading-financial-concerns-income-level-us/
Pew Research Center. (2020). Leading financial concerns among American adults in 2020, by income level. Statista. Statista Inc.. Accessed: December 18, 2024. https://www.statista.com/statistics/1113861/leading-financial-concerns-income-level-us/
Pew Research Center. "Leading Financial Concerns among American Adults in 2020, by Income Level." Statista, Statista Inc., 21 Apr 2020, https://www.statista.com/statistics/1113861/leading-financial-concerns-income-level-us/
Pew Research Center, Leading financial concerns among American adults in 2020, by income level Statista, https://www.statista.com/statistics/1113861/leading-financial-concerns-income-level-us/ (last visited December 18, 2024)
Leading financial concerns among American adults in 2020, by income level [Graph], Pew Research Center, April 21, 2020. [Online]. Available: https://www.statista.com/statistics/1113861/leading-financial-concerns-income-level-us/
