NUMBERS: A 2020 survey of 27 senior citizens found that the average number of cars owned in their lifetime was nine.
A Nasdaq study suggests that most Americans will drive 10 cars over their lives, assuming they get a new car every six years.
Historically, the average number of cars owned in a lifetime has been 12, but some believe that recent economic downturns have lowered that number.
Some popular websites suggest that people will own eight cars or more in their lifetime.
We know that around here, that number might be far different, with folks growing up with a third-hand or fourth-hand family “junker” to learn in, and a low-priced used car to start out.
Forbes Advisor said there are nearly 279 million personal and commercial vehicles registered in the U.S., with 170 million of them being trucks. Nearly 92% of households had at least one car.
Rural areas have more cars than urban areas, with much longer commutes and little access to public transportation.
We thought back to our own past, and came up with about 12 cars/trucks to date.
Here are some more interesting numbers that show Americans believe “there’s no place like home.”
Eleven percent of Americans have never traveled outside of the state where they were born. Ten percent of Americans have never seen the ocean. Over half of Americans have never owned a passport.
According to parealtors.org, the median distance that Americans live from their hometowns is 30 miles. However, a 2022 study by the U.S. Census Bureau and Harvard University found that nearly 60% of young adults live within 10 miles of where they grew up, and 80% live within 100 miles. A LendingTree survey of millennials and Gen Zers found that 57% of young Americans live in their hometowns, and 62% live near their parents.