To obtain a mortgage, first-time homebuyers in the UK need to save a deposit amounting to about ** percent of the property purchase price. The higher the property value and the loan amount, the higher the deposit. In 2024, the average first-time buyer deposit in the UK was about ****** British pounds, but in the most expensive region, Greater London, the deposit amount was more than double. The share of the deposit was also much higher than in other regions in the UK. How has the house price for first-time buyers changed over time? Housing bought by first-time buyers has become increasingly pricier since 2000, making it harder for renters to get on the property ladder. By 2024, the average house price had tripled. The price also varied in different regions, with the North East being the least expensive and Greater London – the most expensive. Which are the most affordable areas for first-time buyers? While housing in certain areas can be pricy, this does not necessarily make it unaffordable, as the standard of living may also be higher. In 2020, the most affordable towns for first-time buyers were found in the North West region (Burnley) and Scotland (East Ayshire, North Ayshire, Inverclyde, West Dunbartonshire).

As of September 2023, the average home deposit for first-time buyers who had to pay a ** percent deposit in Auckland, New Zealand was ****** New Zealand dollars. For buyers who had to pay a ** percent deposit for a house in Auckland, the average was ******* New Zealand dollars.

Despite the Office for National Statistics (ONS) reporting that the actual average deposit required to buy a home was ** thousand British pounds (GBP), Santander's survey of potential first-time homeowners found the average target deposit was in some cases much lower. Even in London, where the average property price in early 2019 was over *** thousand British pounds, potential first-time homeowners had a target deposit of around **** percent of the property price (**** thousand GBP).

The issue with having a lower deposit for a new home is that it puts buyers into a higher loan-to-value mortgage ratio. Those in the North East looked to achieve the highest deposit to property price ratio at ******* percent.

Homebuyers in the top 10 U.S. states with the highest median down payment for a home purchase had to pay more than double the median for the country in the first quarter of 2024. California, Massachusetts, and Hawaii were the states with the highest down payments in the United States, with median deposits for a home purchase exceeding ****** U.S. dollars. Nationwide, the median down payment was approximately ****** U.S. dollars. The rapid house price increase since the beginning of the coronavirus pandemic, has led to homebuyers needing to set aside a larger deposit. Additionally, a higher down payment allows borrowers to secure lower monthly payments.

On average, first-time homebuyers In the United Kingdom (UK) saved up ** percent of the home price for a down payment in 2024, amounting to ****** British pounds. In Greater London, which was the priciest region to buy a home, the down payment was higher, at ** percent.

Uzbekistan Deposit Rate: NC: Household Deposits: Over 1 year data was reported at 17.233 % pa in Oct 2018. This records an increase from the previous number of 15.712 % pa for Sep 2018. Uzbekistan Deposit Rate: NC: Household Deposits: Over 1 year data is updated monthly, averaging 18.425 % pa from Jan 2013 (Median) to Oct 2018, with 70 observations. The data reached an all-time high of 23.599 % pa in Oct 2014 and a record low of 14.662 % pa in Mar 2017. Uzbekistan Deposit Rate: NC: Household Deposits: Over 1 year data remains active status in CEIC and is reported by Central Bank of the Republic of Uzbekistan. The data is categorized under Global Database’s Uzbekistan – Table UZ.M002: Deposit Rate: Weighted Average.

This dataset provides information about the number of properties, residents, and average property values for High Street cross streets in Deposit, NY.

This report analyses mortgage affordability in New Zealand, which is presented as the proportion of a household's monthly earnings left over after a mortgage repayment. This is calculated using the average monthly repayment for a standard 30-year loan on the median house price with a 20% deposit. An increase in the percentage indicates the average mortgage becoming more affordable for households. The data for this report is calculated from information sourced from Statistics New Zealand (Tatauranga Aotearoa) and the Reserve Bank of New Zealand (Te Putea Matua) and is presented as a percentage of average household earnings.

Diluted-Average-Shares Time Series for City Holding Company. City Holding Company operates as a financial holding company for City National Bank of West Virginia that provides banking, trust and investment management, and other financial solutions in the United States. The company offers checking, savings, and money market accounts, as well as certificates of deposit and individual retirement accounts. It also provides commercial and industrial loans that consist of loans to corporate and other legal entity borrowers primarily in small to mid-size industrial and commercial companies; commercial real estate loans comprising commercial mortgages, which are secured by nonresidential and multi-family residential properties; residential real estate loans to consumers for the purchase or refinance of residence; first-priority home equity loans; home equity lines of credit; amortized home equity loans; consumer loans that are secured and unsecured by automobiles, boats, recreational vehicles, certificates of deposit, and other personal property; and demand deposit account overdrafts, as well as owner-occupied real estate and construction, land development, and lines of credit. In addition, the company offers mortgage banking services, including fixed and adjustable-rate mortgages, construction financing, land loans, production of conventional and government-insured mortgages, secondary marketing, and mortgage servicing. Further, it provides treasury management, lockbox, and other cash management services; merchant credit card services; wealth management, trust, investment, and custodial services for commercial and individual customers; and corporate trust and institutional custody, financial and estate planning, and retirement plan services, as well as automated-teller-machine, interactive-teller-machine, mobile banking, interactive voice response systems, and credit and debit card services. The company was founded in 1957 and is headquartered in Charleston, West Virginia.

Graph and download economic data for Federal Government; Commercial Mortgages Held by FDIC; Asset, Transactions (BOGZ1FA313065563Q) from Q4 1946 to Q1 2023 about mortgage, transactions, commercial, federal, assets, and USA.

About this dataset

Context

The dataset tabulates the median household income in Deposit. It can be utilized to understand the trend in median household income and to analyze the income distribution in Deposit by household type, size, and across various income brackets.

Content

The dataset will have the following datasets when applicable

Please note: The 2020 1-Year ACS estimates data was not reported by the Census Bureau due to the impact on survey collection and analysis caused by COVID-19. Consequently, median household income data for 2020 is unavailable for large cities (population 65,000 and above).

• Deposit, NY Median Household Income Trends (2010-2021, in 2022 inflation-adjusted dollars)
• Median Household Income Variation by Family Size in Deposit, NY: Comparative analysis across 7 household sizes
• Income Distribution by Quintile: Mean Household Income in Deposit, NY
• Deposit, NY households by income brackets: family, non-family, and total, in 2022 inflation-adjusted dollars

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Interested in deeper insights and visual analysis?

Explore our comprehensive data analysis and visual representations for a deeper understanding of Deposit median household income. You can refer the same here

Since 2012, the median down payment for a home purchase in the United States has more than doubled. In *************, homebuyers who took out a mortgage to finance their purchase had to save up approximately ****** U.S. dollars for a down payment. This is roughly 10,000 U.S. dollars above the median down payment just four years ago in 2020. This was a result of the rapid house price growth observed in recent years.

Graph and download economic data for Federal Government; Multifamily Residential Mortgages Held by FDIC; Asset, Transactions (BOGZ1FU313065463A) from 1946 to 2022 about multifamily, mortgage, transactions, family, residential, federal, assets, and USA.

Uzbekistan Deposit Rate: FC: Household Deposits: Over 1 year data was reported at 4.859 % pa in Oct 2018. This records an increase from the previous number of 4.786 % pa for Sep 2018. Uzbekistan Deposit Rate: FC: Household Deposits: Over 1 year data is updated monthly, averaging 7.436 % pa from Jan 2013 (Median) to Oct 2018, with 70 observations. The data reached an all-time high of 8.885 % pa in May 2016 and a record low of 4.074 % pa in Jun 2018. Uzbekistan Deposit Rate: FC: Household Deposits: Over 1 year data remains active status in CEIC and is reported by Central Bank of the Republic of Uzbekistan. The data is categorized under Global Database’s Uzbekistan – Table UZ.M002: Deposit Rate: Weighted Average.

Graph and download economic data for Federal Government; One-to-Four-Family Residential Mortgages Held by FDIC; Asset, Level (BOGZ1FL313065163A) from 1945 to 2022 about mortgage, federal, assets, housing, and USA.

About this dataset

Context

The dataset illustrates the median household income in Port Deposit, spanning the years from 2010 to 2023, with all figures adjusted to 2023 inflation-adjusted dollars. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varied over the last decade. The dataset can be utilized to gain insights into median household income trends and explore income variations.

Key observations:

From 2010 to 2023, the median household income for Port Deposit decreased by $17,148 (22.59%), as per the American Community Survey estimates. In comparison, median household income for the United States increased by $5,602 (7.68%) between 2010 and 2023.

Analyzing the trend in median household income between the years 2010 and 2023, spanning 13 annual cycles, we observed that median household income, when adjusted for 2023 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS), experienced growth year by year for 7 years and declined for 6 years.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2022-inflation-adjusted dollars.

Years for which data is available:

• 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 0223

Variables / Data Columns

• Year: This column presents the data year from 2010 to 2023
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific year
• YOY Change($): Change in median household income between the current and the previous year, in 2023 inflation-adjusted dollars
• YOY Change(%): Percent change in median household income between current and the previous year

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Port Deposit median household income. You can refer the same here

Graph and download economic data for Federal Government; Commercial Mortgages Held by FDIC; Asset, Level (BOGZ1FL313065563A) from 1945 to 2022 about mortgage, commercial, federal, assets, and USA.

Loan administration, check cashing and other services endured a volatile landscape amid economic instability, elevated interest rates and sharp swings in core markets. While loan administration services remain a cornerstone to ensure consumers are compliant with repayment terms, considerable volatility amid inflationary spikes altered consumers’ purchasing behaviors. Rising interest rates provided greater revenue growth via higher mortgage and deposit fee revenue streams, although it also harmed individual customers and smaller businesses’ propensity to repay existing mortgages and auto loans. Nonetheless, continuous growth in the national housing market, as exemplified by the 65.2% spike in demand from real estate loans and collateralized debt, provided further boosts toward oversight of mortgages. Steady inclines in national housing prices created more favorable mortgage terms for lenders, bolstering loan service demand. Revenue grew at a CAGR of 1.6% to an estimated $26.8 billion over the past five years, including an anticipated 1.5% boost in 2025 alone. Inclining competition from digital payment services and online money transfer systems has undermined large-scale growth prospects. Check cashing servicers have been particularly harmed by digital proliferation, as prominent platforms such as PayPal, Zelle and Venmo continue to undermine client interest toward the industry. However, the technological pivot is also providing innovative opportunities, particularly among larger banks and loan service administrators looking to minimize dependence on manual labor and bolster profit. Moving forward, the industry is poised to continue growing at a steady pace, albeit mired by competitive threats. Anticipated growth in per capita disposable income and strong consumer confidence will sustain lending activity and demand for loan servicing, as customers will be more willing to take on long-term debts. The potential for interest rate cuts will further incentivize new loan procurement, although this could also harm the industry via reduced returns on mortgage interest and deposit fees. Technological expansion and the prevalent threat of digital payment platforms will remain the biggest barrier to expansive growth, although traditional brick-and-mortar services will remain popular across local markets where client trust will be integral. Revenue is expected to grow at a CAGR of 2.0% to an estimated $29.6 billion through the end of 2030.

This dataset provides information about the number of properties, residents, and average property values for Oak Street cross streets in Deposit, NY.

This dataset provides information about the number of properties, residents, and average property values for Old Route 17 cross streets in Deposit, NY.