Average credit score at every age in the U.S. [Video]

Although Americans’ average credit scores recently dropped for the first time in a decade, many appear to be maintaining a relatively healthy score.

The average credit score dipped by one point, from 718 to 717, according to FICO’s March 6 blog post. Your FICO and VantageScore credit score can fall anywhere between 300 and 850, and a 717 score is considered to be “very good,” according to the VantageScore model.

Here are VantageScore’s rankings and ranges:

• Very Poor: 300 to 499
• Poor: 500 to 600
• Good: 601 to 660
• Very Good: 661 to 780
• Exceptional: 781 to 850

When you break down the average credit score by age, most Americans appear to have a good score as well.

Here’s the average credit score by generation as of March 2024, per VantageScore CreditGauge data shared with CNBC Make It:

• Gen Z (18 to 27): 665
• Millennials (28 to 43): 687
• Gen X (44 to 59): 710
• Baby boomers (60 to 78):…