It's big! 30%of all American
households are headed by women,
compared to 27% headed by a married couple.
Use these facts to help build your business serving this market.
| | 75% of all women ages 25-54 are in the paid labor force. |
| | Of all working women, 48% provide at least half of their household's income. |
| | 40% of
wealthy Americans are
women (more than $500,000 in assets). |
| | 45% of all professional positions are held by women. |
| | Women earn
more than 60% of all associate's degrees, 55% of Bachelors and master's degrees, 39% of doctoral degrees and 41% of first professional degrees. |
| | 47% of small-business owners are women. |
| | There are 9.1
million Women Business Owners in the U.S. They own nearly
40% of all U.S. businesses. And, they create 1 in 4 jobs, more than the Fortune 500 combined. |
| | Although women account for slightly more than half (52%) of the U.S. population, they write 80% of all checks and are responsible for 85% of all consumer spending. |
| | Generation X women are marrying for the first time at an older median age-24. |
| | Each year, more than 1.1 million marriages end in divorce. |
| | For women who are widowed, the average age is 56 at the time of the spouse's death. |
| | Women continue to outlive men by an average of 6.0 years. |
| | In households where investment decisions are made, women either made the decision alone (32%) or are involved in making the decision (51%) of the time. That totals 83%! |
| | A woman has many roles: mother, daughter, wife, caregiver, friend, worker, etc. For a man, job and career tend to play a central role. Women want to be respected for all the roles they fill; they view the roles as relevant to who they are. |
| | Women crave one commodity more than any other-TIME. |
| | Women take more time to research investment decisions. |
| | Women remain more loyal to an advisor once trust is earned. |
| | Men are transaction-oriented; women are more relationship-oriented. |
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