New York - 2016

Final Grade

Financial Knowledge

D

64.55%

Credit

B-

80.11%

Savings and Spending

B

83.57%

Retirement Readiness and Other Investing

D+

68.35%

Protect and Insure

A-

92.45%

Financial Knowledge

Mean number of correct answers

F

59.64%

Offered financial education and participated

D

65.5%

Levels of High School Financial Education

B

85%

Credit

General Credit

B+

88.24%

Housing Credit

D+

67.38%

Auto Credit

A-

92.71%

Credit Card

B-

80.8%

Student Loan

D+

68.64%

Other Credit

C+

77.22%

General Credit

Vantage Scores

B

84.29%

On Time Payers

B-

82.33%

Prime Credit

B+

87.66%

Inclusion in Credit Economy

D-

60.58%

Revolving Credit

A

95.71%

Utilization

B+

88.8%

Bankruptcy

A-

91.51%

Share Past Due

B+

88.96%

Debt Burden

B+

87.86%

Highest Tier Credit

B

83.13%

Housing Credit

Loan to Value Ratios

A-

91.49%

Equity Rich

A

95.49%

Homeownership Rates

F

55%

Mortgage Delinquency Rates

D+

67.37%

Foreclosure Rates

D+

68.37%

Have a Mortgage

B

85.56%

High Cost to Homeowners

D-

61.3%

High Cost to Renters

D-

62.74%

Seriously Underwater Mortgages

B+

88.26%

Mortgage balance as a proportion of household income

C+

78.61%

Auto Credit

Auto Loan as Portion of Household Income

A-

92.75%

Auto Loan Delinquencies

A-

91.92%

Percent of Auto Loans

A

93.3%

Impact of Auto Insurance Premiumes on Credit Scores

B+

89.3%

Credit Card

Always Paid Credit Card Bills In Full

B-

82.22%

Carried Balance on Credit Card with Interest Charged

B

86.15%

Made only Minimum Monthly Payments on Credit Card

C

76.73%

Credit Card Delinquencies

C+

78.96%

Average Credit Card Balance as a Percent of Median Household Income

B-

82.2%

Student Loan

Graduates with Student Debt

C+

77.5%

Average Debt Balance

C

73.09%

Calculated monthly Payments Prior to Borrowing

B

86.12%

Never Made a Late Payment on your Student Loan

D+

68.67%

Other Credit

Unpaid Medical Bills

B-

81.02%

Used Alternative Borrowing

B-

80.2%

Took a Loan from a Retirement Account

D

65.76%

Delinquency of Unsecured Personal Loans

A

94.02%

Balance of Unsecured Personal Loans as a Percent of Household Income

B

83.51%

Savings and Spending

Spend less than Income

B-

82.98%

Does not have an emergency fund

A-

91.04%

Unbanked

C

76.43%

Underbanked

B-

81.52%

Saving for Children's College

A+

100%

Overdraws checking account occasionally

C-

70.11%

Could come up with $2,000 in an emergency

C-

72.37%

Has a household budget

D+

68.57%

Has Taken a Hardship Withdrawal from Retirement Account

D

65.03%

Retirement Readiness and Other Investing

Access to a Retirement Plan

C-

71.88%

Take Up Rate of Retirement Plans

A-

91.11%

Tried to Figure Out how much needed for retirement

D-

62.5%

Amount of Income residents will be able to replace in retirement

D+

69.46%

Percent of residents who count on social security for 90+ of their retirement income

B

85%

Invests Outside of Retirement Accounts

B-

81.75%

Protect and Insure

Percent without Health Insurance

B

84.62%

Average Face Amount of Life Insurance

B+

88.75%

Uninsured Motorists

A+

97.14%