For 5G I would find that disappointing honestly. I hit 75.4/29.2 on T-Mobile LTE at home last night.I was in Forest Park, IL (Chicago suburbs) last night and I did a 5g test. I hit 110 down and 46 up. That’s the first time I ever was on 5g and I was impressed. Maybe it should be faster than that theoretically, but I’m not complaining!
T-Mobile is in a very different position than Verizon (which the OP uses). They have a large amount of unused spectrum in the 2.5 GHz band from their Sprint acquisition where they can deploy 5G. And since there are currently still relatively few subscribers with phones that can utilize this, they provisioned it in a way that allow high speeds per subscriber. Verizon and AT&T first have to deploy 5G on their newly acquired c-band spectrum, but that won't be widely deployed until sometime mid to end of next year.I've done a few tests and generally get 70-300 Mbit down - but up is only 5-20Mbit. This is on T-Mobile just outside the Dallas/Ft Worth area.
Verizon runs 5G in two different spectrum ranges: sub 6-GHz (what they call "nationwide 5G") and mmWave (what they call "ultra wideband"). The former is most prevalent and is primarily used because of its higher efficiency and other advantages, but you won't necessarily see higher speeds than with LTE. Only in locations where mmWave spectrum is deployed will you possibly see much higher speeds, but those are still pretty rare (selected spots in major cities).