What is the average allowance of a 12 year old based on a survey conducted?

Based on recent surveys, the average allowance for a 12-year-old typically ranges from $20 to $30 per month. This amount can vary significantly depending on factors such as family income, regional differences, and the responsibilities assigned to the child. Some parents may offer more based on chores or performance in school, while others might provide less. Overall, allowances serve as a way for children to learn money management skills at a young age.