The Bridal Market
Here are some stats on the average wedding:
- The average Wedding Guide bride will spend $22,000 or more on wedding related products and services between their engagement and wedding day. Wedding Guide couples will spend another $15,000 on household items before and during their first year of marriage.
- Brides' average age is 25; grooms' 27.
- The average length of engagement for Wedding Guide couples is 10 months.
- 90% of brides and grooms have attended or graduated from college and 50% of the Wedding Guide brides and 45% of grooms have completed four or more years of college. On the average, the bride and grooms combined annual income is $57,000. Many couples report having higher incomes - 20% of the grooms earn more than $40,000 annually as well as 9% of the brides. 91% pf the grooms-to-be work full time; 73% of the brides to be and 90% of those will continue to work after marriage.
- The average guest list is 208; 81% of Wedding Guide couples have a catered reception. 49% plan to hold their reception in a hotel, restaurant or banquet room. 83% of the Wedding Guide couples register with a bridal registry for various items from china to electronics.
- 96% of Wedding Guide couples honeymoon; more than 40% spend an average of 10 days on a honeymoon; spend about $2,500 on the trip and honeymoon within driving distance. 42% plan to honeymoon within driving distance.
- During our Wedding Guide couples’ engagement & their first year together: 59% will buy a home or condo; 83% will buy new furniture; 63% will buy a new car; 96% plan for families. 100% must review their insurance coverage & financial arrangements.
- They are active and dine in restaurants 3 to 5 times a week.
Source: Simmons Market Research Bureau, Inc. & Bridal Surveys and information gathered by surveys of registered brides in the Wedding Expo