How Does Your Credit Score Compare?
Your credit score is a statistical estimate of how likely you are to pay your debts — and, by extension, how much credit you should be extended. Everyone’s financial history is different. But have you ever wondered how your credit score stacks up against other Americans?
What Is the Average Credit Score in the U.S.?
The average credit score in the U.S. currently sits in the “good” range, according to Experian data. Understanding where the national average falls can help you gauge how your own score compares.
Average Credit Score by Generation
Credit scores tend to vary by generation, largely due to differences in credit history length, debt levels, and financial life stage. Here’s how the generations compare:
| Generation | Average Credit Score |
|---|---|
| Baby Boomers | 747 |
| Generation X | 709 |
| Millennials | 689 |
Source: Experian, 2025 Consumer Credit Review
Why Do Credit Scores Vary by Generation?
Older generations tend to have higher average credit scores, largely because length of credit history is a significant factor in how scores are calculated. Baby Boomers and Generation X have had more time to build a track record of on-time payments and a longer average credit history than Millennials.
How to Improve Your Credit Score
Regardless of how your score compares to your generation’s average, understanding the factors behind your credit score — such as payment history, credit utilization, and length of credit history — can help you take steps to strengthen it over time.
For individuals across Fort Myers and Southwest Florida working on their broader financial picture, a financial planning professional can help you understand how your credit profile fits into your overall financial strategy.
Frequently Asked Questions
What is the average credit score in the U.S.?
The average credit score in the U.S. currently falls in the “good” range on the FICO scale, according to Experian’s most recent Consumer Credit Review.
What is the average credit score by generation?
According to Experian data, Baby Boomers average a credit score of 747, Generation X averages 709, and Millennials average 689. Older generations tend to have higher average scores due to longer credit histories.
Why do younger generations tend to have lower credit scores?
Younger generations typically have shorter credit histories, which is a significant factor in credit score calculations. As Millennials and younger borrowers build a longer track record of credit accounts and on-time payments, their average scores tend to rise.
Is a good credit score the same for everyone?
No. What counts as a “good” score can vary slightly depending on the scoring model used (such as FICO or VantageScore), but generally, higher scores reflect a lower perceived credit risk regardless of generation.
The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice and may not be used for the purpose of avoiding any federal tax penalties. Please consult a legal or tax professional for specific information regarding your individual situation. The opinions expressed and material provided are for general information only and should not be considered a solicitation for the purchase or sale of any security.
