answersLogoWhite

0


Best Answer

For some Canadian data on this issue, see the 2009 report by the Certified General Accountants Association of Canada called "Where Has the Money Gone: The State of Canadian Household Debt in a Stumbling Economy". See: http://www.cga-canada.org/en-ca/ResearchReports/ca_rep_2009-05_debt-consumption.pdf.

A total of 2,014 on-line interviews were conducted with households living in the ten Canadian provinces. The data was statistically weighted to accurately reflect the composition of Canadians by region, gender and age based on Statistics Canada's 2007 information.

Question 1 of the survey asked respondents:

Thinking of the level of your overall household debt over the past 3 years, would you say it has… (Please select one)
a. Decreased a lot
b. Decreased a little
c. Remained about the same
d. Increased a little
e. Increased a lot
f. I don't have any debt

Overall, 85% of the survey respondents reported having some type of debt (p. 77). This implies that 15% of the survey respondents were debt-free.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What percent of US homes are debt free?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What percent of us homes have no mortgage?

According to the US Census about 70 percent of homes have a mortgage and 30 percent do not.


What percent of homes in US have rain gutters?

around 78.43762


What percent of homes in the US have a telephone?

The precent of homes in the United States of America that have telephones is between 95% and 97%


What percentage of us homes are not insured?

Conventional wisdom is about 50 percent of homes in the United States are un-insured.


What is the average number of us homes that recycle?

1.something something percent


What are some companies that specialize in interest free debt consolidation in the US?

Some of the best companies that deal with interest free debt consolidation in the United States are the Nation Debt Relief, Curadebt, American Debt Enders, and CareOne.


During which presidents administration was the US completely debt free?

andrew jackson:D


Where can one get free bankruptcy counseling in the US?

American Debt Enders offers free consultation for filing chapter seven bankruptcy. Their phone number is listed on their web page. There are no one hundred percent free bankruptcy services just free consultations. There are filing fee involved to file for bankruptcy.


How many homes in the US have home security systems installed?

As of 2008, 15 percent of homes in the United States were equipped with security systems, which have a 60 percent success rate in preventing burglaries. Of those homes with security systems that were burglarized, 41 percent had the systems turned off, according to One Call Move, LLC


When was the last time the US was debt free?

Clinton didnt even balance the budget 6 out of 8 years, much less put a dent in the national debt. The US was last Debt free in 1836. The level of National debt to GDP has varied regularly; good is 15% or less (preferable 10% or less) bad is over that, and really bad over 25%.


2.59 million is what percent of the us?

It is not possible to answer the question with only the information provided. Percentage of US what? Population, area, debt, GDP? The possibilities are endless!


How many homes in the US?

The rate of home ownership reached a record 67 percent of U.S. households in 1999, a figure that was expected to reach 70 percent by 2010.