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Stephanie Horan

Mortgage, Savings and Retirement Expert

Stephanie Horan is a data journalist at SmartAsset. A Certified Educator of Personal Finance (CEPF®), she sources and analyzes data to write studies relating to a variety of topics including mortgage, retirement and budgeting. Before coming to SmartAsset, she worked as an analyst at an asset management firm. Stephanie graduated from Williams College with a degree in Mathematics. Originally from Philadelphia, she has always been a Yankees fan and currently lives in New York.

Posts by Stephanie Horan:

by Stephanie Horan Oct 17, 2019

Lack of investment in infrastructure within a state can have tangible effects on its residents’ finances. The American Society of Civil Engineers’ 2016 report “Failure to Act” quantifies these effects, stating that on a national level, American families lose $3,400 in disposable income every year – $9 a day – due to infrastructure deficiencies, which could be money they could otherwise be using toward paying off their mortgages faster. In addition to increasing housing and utilities costs as well as the cost of personal transportation, deteriorating infrastructure increases costs incurred by businesses in terms of services and efficiency, which ultimately leads to higher prices for individuals. Some states have stepped in to address infrastructure shortfalls themselves. For instance, the report notes that 23 states increased state gas tax rates between 2010 and 2016 to fund infrastructure investments. In this study, SmartAsset examined the states in the U.S. with the best… Read more

by Stephanie Horan Oct 17, 2019

State energy efficiency and renewable energy programs may produce significant benefits for residents including lower fuel and electricity costs, increased grid reliability, better air quality and more job opportunities, according to a 2018 Environmental Protection Agency (EPA) report called “Quantifying the Multiple Benefits of Energy Efficiency and Renewable Energy.” Some states have transitioned to clean energy more quickly than others. For instance, between 2013 and 2017, Utah increased its renewable energy production by 212.29% while West Virginia’s renewable energy production decreased by 22.14%. This can be an important consideration for people when deciding where to buy a home. Read more

by Stephanie Horan Oct 01, 2019

About two-thirds of the jobs outlined by the Bureau of Labor Statistics (BLS) in 2018 do not require workers to have a bachelor’s or advanced degree. Though pay is generally correlated with education level and the majority of those jobs have average annual salaries below $50,000, some jobs that require only an associate’s degree or less actually pay pretty well. As a result, they can allow workers to meet their savings goals more quickly. Read more

by Stephanie Horan Sep 30, 2019

High-performing public schools and robust public education spending are often correlated with high home values. According to a 2002 report published by the National Bureau of Economic Research (NBER)… Read more

by Stephanie Horan Sep 29, 2019

The cost differential between renting and buying varies by the amount of time a person expects to stay in a home. Accounting for location, monthly rent and a target home price, SmartAsset’s rent vs.… Read more

by Stephanie Horan Oct 07, 2019

According to the National Center for Health Statistics, about 3.9 million births were registered in the U.S. in 2017, with millennial women accounting 80% of them. The average age of mothers at first… Read more

by Stephanie Horan Sep 25, 2019

People working in the same profession can have vastly different incomes, often related to where they live. After all the cost of living in a place can have a significant impact on pay. Waiters and… Read more

by Stephanie Horan Sep 11, 2019

In 2014, there were almost 32 million workers in the U.S. between the ages of 25 and 34, and over five years, this number rose to more than 35 million, an increase of about 10%. Of those 35 million,… Read more

by Stephanie Horan Sep 10, 2019

In 2017, the U.S. spent $3.50 trillion – more than $10,000 per person – on healthcare, according to the Organization for Economic Cooperation and Development (OECD). As a percentage of U.S. GDP,… Read more

by Stephanie Horan Sep 04, 2019

A good deal can make a significant difference for any purchase you make, but especially when you’re investing your hard-earned money in property like a home. As a result, it’s important not to… Read more

by Stephanie Horan Aug 29, 2019

Family and general practitioners cover the primary care needs of many people in the U.S. and generally serve as the first point of contact for patients seeking medical help. While family and general… Read more

by Stephanie Horan Aug 20, 2019

Foodies typically flock to large cities given the availability of many different cuisines and dining options. But are larger cities always the best places for them? In this study, we compiled some of… Read more

by Stephanie Horan Aug 20, 2019

Lawyers work in a variety of capacities. While many work in private and corporate legal offices, others work for federal, state and local governments. The particular specialties lawyers have may… Read more

by Stephanie Horan Aug 21, 2019

Owning a pet is an investment, and choosing an affordable and pet-friendly city is an important consideration for renters or people looking to buy a home. Dogs are one of the more expensive pets to… Read more

by Stephanie Horan Aug 13, 2019

Women constitute nearly half of the workforce in the U.S. According to 2018 data from the Bureau of Labor Statistics (BLS), 46.9% of total workers are women, a figure that stayed constant from 2014… Read more

by Stephanie Horan Aug 07, 2019

The Department of Housing and Urban Development defines those who pay more than 30% of their income on rent as housing cost-burdened. Generally known as the 30% rule, this HUD guideline has long been… Read more

by Stephanie Horan Aug 06, 2019

An estimated 47% of jobs in the U.S. are vulnerable to automation, according to a 2013 paper written at Oxford University by researchers Carl B. Frey and Michael A. Osborne. Depending on the mix of… Read more

by Stephanie Horan Aug 21, 2019

In 2016 at 56 million strong, millennials became the largest generation in the U.S. labor force, according to Pew Research. This means that millennials make up more than a third (35%) of labor force… Read more

by Stephanie Horan Jul 31, 2019

Over the past 10 years, average tuition and fees at private nonprofit four-year colleges and universities in the U.S. rose by $7,390, or almost 26%, according to College Board. Given the rising costs… Read more

by Stephanie Horan Jul 18, 2019

Some places are more family friendly than others. When deciding where to take out a mortgage and raise your children, it is important to consider not only an area’s cost of living, but also the… Read more

by Stephanie Horan Oct 04, 2019

The American Psychological Association’s 2018 survey on stress reports that the average American reported a stress level of 4.9 (on a scale of 1 to 10). Reported stress levels vary by generation, as… Read more