New York Financial Capability Test Results
Average Score of 69.71% to Date
Percentage of Passing Scores to Date
Δ: All Results to Previous Data: +.14%
Note: The average score among participants age 15- to 18-years-old was 64.88%
New York Financial Capability Test – a 30 question test designed to measure participants’ ability to earn, save and grow their money – covers the ten subjects covered in the Financial Literacy Framework & Standards and were written to measure 3 key areas: motivation to learn, subject knowledge and recognition of the first step.
The test provides measurement tools for financial educators, self-testing for those interested in their personal finance capabilities and giving the media up-to-date information about the financial literacy rates of people across the state.
View the results below and visit the Financial Literacy Testing & Survey Center to access 4 complimentary measurement tools and to view results from past participants.
Average Score of 15 to 18 Year Olds by Year
2023
Average Score of 66.02%
2022
Average Score of 66.85%
2021
Average Score of 65.53%
2020
Average Score of 64.75%
2019
Average Score of 67.1%
Average Score Segmented by All Participating Ages to Date
10 – 14
Years of Age
Average Score of 60.24%
15 – 18
Years of Age
Average Score of 64.88%
19 – 24
Years of Age
Average Score of 71.32%
25 – 35
Years of Age
Average Score of 77.2%
36 – 50
Years of Age
Average Score of 77.23%
50+
Years of Age
Average Score of 76.45%