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Table 6-1 Average Individual Household Expenditures by Income Quintile, 2014

Thursday, January 5, 2017

 

Annual income by quintile Annual spending Vehicles per household Households with at least one vehicle Transportation spending per household Percentage of annual spending
All quintiles $53,495 1.9 87% $9,073 17%
First quintile ($18,362 and below) $23,713 0.9 63% $3,555 15%
Second quintile ($18,363–$35,681) $33,546 1.4 86% $5,696 17%
Third quintile ($35,682–$59,549) $45,395 1.9 93% $8,475 19%
Fourth quintile ($59,550–$99,620) $60,417 2.3 96% $10,844 18%
Fifth quintile ($99,621 and above) $104,363 2.8 97% $16,788 16%

SOURCE: U.S. Department of Labor, Bureau of Labor Statistics, Consumer Expenditure Survey, available at www.bls.gov/cex as of June 2016.