#Most common bills to pay zip

household spends $24,032 per year on common bills, suggests that more than one third of Americans’ yearly salary is put toward core expenses – a sizable portion of income by any measure.

This number, combined with doxo’s estimate that the average U.S. Census Bureau, the real median household income in the U.S.

household spends $24,032 per year on the most common billsĪccording to The U.S. $146B Health Insurance (consumer-direct portion) $3.12 trillion total household bill pay spent across these categories: The report findings include breakouts by service category, household market penetration for each type of service, and household average spend per month by state. credit card balances) – doxo’s unique, nation-wide household bill pay data specifically quantifies the actual consumer portion of total recurring bill spend and household penetration rate for each category. health insurance, taxes), and retail and discretionary spending (e.g. In contrast to other industry data sources – which often mix household recurring bill expenses with employer-paid or withheld expenditures (e.g. Updated to represent 2022 consumer spending numbers and patterns, this proprietary dataset provides the foundation for doxoINSIGHTS’ bottom-up market sizing of the 10 most common bills and makes category size and average spend transparent at the national, state, and local level. income and regional demographic segments, the 2022 U.S Bill Pay Market Size & Category Breakout Report directly represents what Americans actually pay on their bills. By incorporating tens of millions of bill payments across 97% of U.S. “Alongside our app that simplifies the task of staying on top of bills to help improve financial health, these reports support doxo’s ongoing mission to empower our consumer users, billers, and financial service providers alike to make better decisions.”ĭoxo’s proprietary dataset of consumer bill pay activity generates the industry’s most accurate category and regional statistics:ĭoxo’s bill pay service enables all-in-one bill pay to more than 100,000 providers across the country in 45 different service categories. Bill Pay Economy transparent and understandable for all, especially in our current economic environment,” said Jim Kreyenhagen, doxo’s VP of Marketing and Consumer Services. Bill Pay Market Size and Category Breakout Report leverages our proprietary dataset to help make the U.S. household spends $24,032 per year on bills and breaks out the household spending market size for each bill category, percentage of households that pay each bill, and average monthly and annual bill pay costs by state.

#Most common bills to pay zip

zip codes and 45 types of services - was used to size the market and categories. In this report, statistical analysis of actual household payments - across 97% of U.S. SEATTLE, Wash.-( BUSINESS WIRE)- doxo, the innovative web and mobile bill pay service, today released its 2022 U.S Bill Pay Market Size & Category Breakout Report, revealing that of the $4.61 trillion that Americans spend annually on household bills, $3.12 trillion falls within 10 primary bill payment categories, comprising nearly one quarter of all U.S.