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69% of Americans in Urban Areas are Living Paycheck to Paycheck; 14 Percentage Points Higher than Suburban Consumers

PR Newswire - Wed May 24, 2023

Consumers Earning $100,000+ and Those Living in the West Saw the Highest Percentage Growth From a Year Ago

SAN FRANCISCO, May 24, 2023 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today released findings from the 22nd edition of the New Reality Check: The Paycheck-to-Paycheck research series, conducted in partnership with PYMNTS. The Regional Divide Edition examines why U.S. consumers in urban, suburban and rural areas across the U.S. are living paycheck to paycheck and identifies the financial stressors they face. This edition is based on a census-balanced survey of 3,652 U.S. consumers conducted from April 3 to April 17 as well as analysis of other economic data.

Read more at prnewswire.com

Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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