Journal Article

Understanding the Recent Evolution of Auto Loans by Income Level

Abstract: Per-person auto loans in the richest 10% of zip codes stayed constant for 2016-24, while in the poorest 10% of zip codes they have climbed steadily since 2011.

Keywords: auto loans; income levels; ZIP codes;

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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: Economic Synopses

Publication Date: 2024-05-30

Issue: 12

Pages: 3 pages