![]() ![]() The fact is, going to the gym is a luxury. When you join, get ready to have workout-gear envy States with the lowest gym participation: Alabama came in dead last, with just 10.2 percent, but it's joined by Nevada, Oregon, Pennsylvania, Missouri, Louisiana, Indiana and Kentucky, all of which were under the 15 percent mark. Alabamans are not known for sweating it out at the gym Interestingly, it's Colorado that takes top honors, with 21 percent of members heading to the gym on a regular basis. One state has a higher participation rate than the restĬalifornia has a reputation for having super-healthy, physically fit residents, but it actually comes in second in terms of its gym participation rate. Around the globe, health clubs serve a staggering 183 million members. Gyms in the United States make up just 20 percent of that total. There are over 210,000 health club facilities worldwide. ![]() Americans aren't the only ones who like to stay fit In fact, the average age of gym members as of 2010 was just over 40 years old. Take a visit to your local gym and you're likely to see a fair number of young people, but they're not alone in their desire to improve their physiques. The average gym member is older than you might think Globally, health clubs raked in an astonishing $94 billion in revenue in 2018. ![]() The gym, fitness and health club market is valued at around $38 billion in the U.S. Getting in shape usually comes with a pretty decent price tag, and the gym industry is definitely reaping the benefits. That's a decrease of $8 since 2009, but still equates to nearly $500 a year, a hefty sum if you don't go often enough to the gym to feel like you're getting a payback. The average monthly cost of a gym membership was $41 as of 2014. Gym goers are spending half a grand a year on memberships (Another reason to be careful before signing up for a monthly contract: The gym may require you put the recurring charge on your credit card, where you may be more likely to forget about it if you don't regularly pay attention to your monthly statements.) 8. The monthly contract was less of a deal for those folks. Those who paid per visit ($10) were more apt to go to the gym and get their money's worth (for $40 total) than those who went for the $70 monthly contract and went an average of just four times a month. People who opt for the least cost efficient membership will actually go to the gym more frequently than those who pay less over the long term. But people who do go are paying more than they should Tip: 10 Smart Ways to Save $1,000 a Month 7. Cost continues to influence decisions about whether to keep going, with about 46 percent of former members citing the expense as the number one reason why they stopped using their membership. Laziness isn't the only reason people stop goingĪlthough gym memberships are up lately, there was a dip when the recession made everyone revisit their spending habits and cut out anything that wasn't a critical necessity. In fact, to be profitable, they need about 10 times as many members as they can actually fit through their doors. That's actually fine with gym owners, who expect only about 23% of people who buy memberships to use them consistently. If all the people who purchased gym memberships were truly dedicated to exercising regularly, the clubs would have a real problem trying to squeeze everyone in. Gym owners actually expect disloyalty - and are fine with it In 2017, only about half of the existing members (47%) visited the gym 100 times or more during the year. Only about half of the members go on a regular basisįor those who do stick with their memberships, they may not get to the gym as often as they like - or should. Among those who joined a gym and dropped out within the first year, women accounted for 14 percent versus just 8 percent for men. The genders are roughly a 50-50 split in terms of who gets memberships, but guys have the edge when it comes to how many of them put theirs to work. In the case of gym memberships, women are more commitment phobic than men. As it is, 12 percent of gym members joined in January and the other months of the year get smaller percentages of signups. If you don't like waiting to get your turn on the treadmill, and if you can hold off on your own resolution for a month or two, sign up for a membership in February or even as late as March. Gym rats notoriously resent the resolution seekers who crowd their gyms in January and - like clockwork - are gone by February (in fact, 4 percent of new gym goers don't even make it past the end of January and 14 percent drop out in February). ![]() February is a better time to join than January ![]()
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