Table 1 | ||||
Demographics of Individuals Enrolled in Money Smart Courses Tend to Correlate with Minority and Low- and Moderate-Income Markets. | ||||
Characteristic: Age | Number of Respondents | Percent of Respondents* | ||
---|---|---|---|---|
Under 25 years | 85 | 13% | ||
25-35 years | 188 | 30% | ||
35-44 years | 186 | 30% | ||
45-54 years | 118 | 19% | ||
55 years or older | 53 | 8% | ||
Unknown | 1 | 0% | ||
Total | 631 | 100% |
Characteristic: Race/Ethnicity | Number of Respondents | Percent of Respondents* |
---|---|---|
White | 163 | 26% |
African American | 290 | 46% |
Asian | 22 | 4% |
Latino | 122 | 19% |
Other | 28 | 4% |
Unknown | 6 | 1% |
Total | 631 | 100% |
Characteristic: Education | Number of Respondents | Percent of Respondents* |
---|---|---|
Less than high school | 79 | 13% |
High school | 162 | 26% |
Some college or trade | 266 | 42% |
College | 78 | 12% |
Postgraduate work | 45 | 7% |
Unknown | 1 | 0% |
Total | 631 | 100% |
Characteristic: Annual Income | Number of Respondents | Percent of Respondents* |
---|---|---|
Under $10,000 | 133 | 21% |
$10,000–$19,000 | 170 | 27% |
$20,000–$35,000 | 175 | 28% |
$35,000 or over | 118 | 19% |
Unknown | 35 | 5% |
Total | 631 | 100% |
*Percentages may not add to 100 due to rounding. | ||
Source: FDIC, A Longitudinal Evaluation of the Intermediate-term Impact of the Money Smart Financial Education Curriculum Upon Consumers' Behavior and Confidence (Washington, DC, April 2007). |