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.