Wednesday, February 8, 2023
HomeJewelryWe Surveyed 40,000 {Couples}; This is What We Discovered About Engagement Rings

We Surveyed 40,000 {Couples}; This is What We Discovered About Engagement Rings

This analysis on engagement ring statistics was final up to date in December 2022. We hope this knowledge will allow {couples} to make a extra knowledgeable resolution earlier than buying their engagement ring.

Abstract of This 12 months’s Engagement Ring Statistics

Cushion Cut Diamond Engagement Ring on Table

Listed below are among the statistics that we compiled based mostly on our analysis. See under for sources and methods of how we gathered our knowledge. 

  • The common engagement ring price range in the USA throughout 2022 is $9,500. That is larger than the 2019 common of $7,400.
  • Solely 20.9% of those that answered our questionnaires would put aside a “massive price range” in the direction of their engagement ring.
  • The common couple within the USA spends three and a half months looking for their engagement ring.
  • Greater than 70% of the folks looking for an engagement ring have present debt.
  • Over 90% of these surveyed mentioned they needed a pure diamond as the middle stone of their engagement ring.

Engagement Ring Funds Precedence

Engagement Ring Budget Spectrum 2018

Up to date: Dec 2018

Of the ten,000’s {couples} we surveyed since 2018, 24.4% of them mentioned that they’ve allotted a Excessive Funds in the direction of their engagement ring. 54.8% of these surveyed mentioned that they’ve allotted a Medium Funds in the direction of their engagement ring. Solely 21.8% of the folks requested mentioned that they allotted a low price range in the direction of their engagement ring.

In fact, this knowledge solely represents a relative determine that may solely be understood based mostly on every couple’s private price range. This statistic, nonetheless, belays the significance that {couples} in 2018 are inserting on their engagement rings.

Engagement Ring and Way of life

Engagement Ring Lifestyle

Up to date: Dec 2020

A part of our questionnaire asks the couple to gauge their way of life. The choices have been modest, common, higher class, and luxurious. This graph represents their solutions and likewise provides perception into the self-projection of what folks assume that they’re holding when looking for an engagement ring. The overwhelming majority of {couples} felt that their way of life was common.

Present Debt and Engagement Ring Patrons

Debt and Engagement Ring Buyers

Up to date: Dec 2018

Like among the earlier graphs, this statistical chart provides comparative knowledge as an alternative of numerical knowledge. The quantity of debt isn’t a set quantity however reasonably a relative quantity as outlined by the survey-takers expectations and their opinion.

Solely 28.4% of the {couples} surveyed had no debt. The remaining 71.6% of individuals on the lookout for an engagement ring already had present debt.

  • 27.7% of the folks requested had “little or no” debt
  • 35% of the couple mentioned that they’d an “common quantity” of debt
  • 8.9% of the folks looking for an engagement ring had “so much” of debt

Google Searches of the Key phrase “Engagement Rings”

Statistics of Engagement Ring Google Searches over 4 years
We Surveyed 40,000 {Couples}; This is What We Discovered About Engagement Rings 21

Up to date: Dec 2022

This knowledge chart is fascinating. It reveals the recognition of the key phrase “engagement rings” over the previous 4 years. It begins in 2019 and runs till the tip of 2022. The recognition of the key phrase has dwindled over the 12 months. There was an increase on the finish of 2020, however the key phrase has slowly been lowering.

The lower could also be as a result of Google searchers have gotten extra exact of their search terminology and are as an alternative looking for extra particular keyphrases.

Right here’s the search site visitors for the key phrase: classic engagement rings.

How will we get our Information?

Engagement Ring Calculator Screen

Property Diamond Jewellery has been in enterprise since 1981 and has a big community of consumers.

In 2016, we created an on-line engagement ring price range calculator (amongst many different on-line calculators) that has to this point quizzed over 40,000 potential engagement ring consumers. The shape helps {couples} uncover an acceptable price range when searching for their engagement ring. After discounting the outlying and inaccurate knowledge, now we have managed to find improbable knowledge that sheds plenty of mild on the engagement ring.

In 2017, we created one other kind known as the engagement ring finder. This kind helps {couples} discover their dream ring. They enter what sort of ring they’re on the lookout for, and we seek for them. We at all times encourage our potential clients to purchase classic, however the outcomes aren’t restricted to the area of interest.

A few of our knowledge can be collected from different jewellery shops and web sites.

We used Google Developments to find out our search-based statistics.

Are you a jewellery fanatic? Be happy to observe us on Instagram.



Please enter your comment!
Please enter your name here

Most Popular

Recent Comments