Security systems are a popular investment, but how much do Americans spend on security systems? In the United States, nearly 57 percent of homes have security systems, according to statistics from the FBI. This figure is up from 42 percent in 2022. Since 2019, the number of homes with security systems has continued to grow, with home burglaries dropping to about 1.3 million from 1.6 million in 2019. Nearly 21 billion dollars each year is spent on home security equipment.
The average American homeowner spends $424 a year on home security systems. That's according to a recent study by the Consumer Electronics Association, which also found that home security systems are pretty popular with homeowners: more than two-thirds of Americans with homes and yards are protected by a home security system.
How much should Americans spend on security cameras? It might seem like a lot of money, but thanks to the rise of smart home technology, it's possible to keep your home safe and secure with smart security devices, at a much lower cost than you might expect. Even a basic system might only cost a few hundred dollars, and you can add a lot more functionality as your needs grow.
Americans are increasingly concerned about crime in their neighborhoods, and thinking about the cost of a home security system is probably on their minds. But do security systems deter criminals actually from committing crimes? The researchers found that most criminals will not target a house protected by a security system—the cost, complexity and inconvenience of committing a crime in a home protected by a security system outweighs any marginal benefit the criminal might gain.
Many people dream of starting a home business, and they ponder whether or not they should take the plunge. That's understandable, since starting a home business can be hard work, and it might not be recognized well in your area. But starting a home security business could provide the flexibility you seek.
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Adella Pasos is an entrepreneur and marketing expert who makes a difference. She has grown brands from scratch, worked with startups and small businesses, and Fortune 500 corporations too. She has revealed to her clients the ability to access their niche market via online, social media, mobile, merchandising, and events.
Another of her popular shows is the “What’s Your Game Plan TV” show, which features free expert advice, growth strategies, free tips and trends, and tools to make a business succeed. She can be found on IMDB, Instagram, YouTube and her official website.