55% of households earning less than $50,000 are living paycheck to paycheck

55% of households earning less than $50,000 are living paycheck to paycheck, per MoneyWise.

Three in four Americans who earn less than $50,000 are living paycheck to paycheck, compared to roughly two in three of those making $50,000 to $100,000, per BankRate.

A summary:
63 percent of U.S. consumers lived paycheck to paycheck in November 2022 (PYMNTS)

55 percent of workers reveal they are living paycheck to paycheck, and 52 percent don’t have a three-month savings cushion – down from 62 percent in 2022 (MetLife)

The average American needs to earn $233,300 to feel financially secure or comfortable (Bankrate)

45 percent of Americans need to earn $100,000 or more to feel financially comfortable (Bankrate)

One-third of U.S. consumers say they aren’t currently saving any money and, of this group, 60 percent don’t have savings (PYMNTS)

57 percent of Americans don’t have enough in savings to cover a $1,000 emergency expense (Bankrate)

64 million Americans have debt in collections (Urban Institute)

American workers can make it an average of 9.5 weeks without a paycheck (Zippia)

Americans are more than two times more likely to feel financially insecure than secure. Slightly more than 1 in 4 (28 percent) Americans say they are completely financially secure (Bankrate)