Table 2301. Higher income before taxes: Shares of annual aggregate expenditures and sources of income, Consumer Expenditure

Survey, 2014

(Aggregates in millions of dollars, unless otherwise indicated)

Item Aggregate

Less

than

$70,000

$70,000

to

$79,999

$80,000

to

$99,999

$100,000

and

more

$100,000

to

$119,999

$120,000

to

$149,999

$150,000

and

more

Number of consumer units (in thousands) ......... 127,006 84,741 6,771 9,869 25,625 8,271 6,332 11,022

Percent distribution of consumer units ............... 100.0 66.7 5.3 7.8 20.2 6.5 5.0 8.7

Consumer unit characteristics (mean values):

Income before taxes ......................................... $66,877 $31,778 $74,748 $88,881 $172,392 $108,773 $133,145 $242,681

Income after taxes ............................................ 58,364 30,815 67,295 78,776 139,247 94,110 113,111 188,134

Age of reference person ................................... 50.3 51.2 48.6 48.1 48.5 47.9 48.4 48.9

Average number in consumer unit:

People ............................................................ 2.5 2.2 2.8 2.8 3.2 3.1 3.2 3.2

Children under 18 ........................................... .6 .5 .7 .7 .8 .8 .8 .8

Adults 65 and older ........................................ .4 .4 .3 .3 .2 .2 .2 .2

Earners ........................................................... 1.3 .9 1.7 1.8 2.1 1.9 2.1 2.1

Vehicles .......................................................... 1.9 1.5 2.2 2.5 2.8 2.6 2.8 2.8

Percent distribution:

Reference person:

Men ................................................................ 48 44 54 53 55 54 59 54

Women ........................................................... 52 56 46 47 45 46 41 46

Housing tenure:

Homeowner .................................................... 63 53 72 78 86 81 88 89

With mortgage .............................................. 37 24 50 56 66 61 68 68

Without mortgage ......................................... 26 29 22 22 21 20 20 22

Renter ............................................................ 37 47 28 22 14 19 12 11

Race of reference person:

Black or African-American .............................. 13 15 9 8 7 9 7 5

White, Asian, and all other races ................... 87 85 91 92 93 91 93 95

Hispanic or Latino origin of reference person:

Hispanic or Latino .......................................... 13 15 13 11 8 9 8 6

Not Hispanic or Latino .................................... 87 85 87 89 92 91 92 94

Education of reference person:

Elementary (1-8) ............................................ 3 4 2 2 1 1 1 1

High school (9-12) .......................................... 33 41 27 23 15 19 17 10

College ........................................................... 63 55 71 76 84 80 82 89

Never attended and other .............................. 1 ( ) 1 ( ) 2 ( ) 1 ( ) 1 ( ) 1 ( ) 1 ( ) 2 ( )

At least one vehicle owned or leased ............... 87 82 96 97 97 97 97 97

Annual aggregate expenditures ......................... $6,790,803 44.7 6.0 10.1 39.1 9.4 8.8 21.0

Food ................................................................. 856,684 48.1 6.3 11.6 34.0 8.6 8.5 16.9

Food at home ................................................. 503,339 52.5 5.9 11.5 30.0 8.1 8.2 13.7

Cereals and bakery products ....................... 65,771 53.1 5.8 11.3 29.8 8.0 8.3 13.6

Cereals and cereal products ...................... 22,304 53.8 5.8 11.7 28.6 7.6 8.1 12.9

Bakery products ......................................... 43,467 52.7 5.8 11.1 30.5 8.1 8.4 13.9

Meats, poultry, fish, and eggs ...................... 112,990 53.7 6.1 11.8 28.4 8.1 7.8 12.5

Beef ............................................................ 29,365 53.8 7.0 11.3 27.9 8.3 8.6 11.0

Pork ............................................................ 22,403 54.6 5.7 12.7 27.0 8.1 7.2 11.6

Other meats ............................................... 15,593 52.5 6.6 12.2 28.7 8.2 7.1 13.4

Poultry ........................................................ 21,856 55.1 5.8 11.2 27.9 7.4 8.2 12.3

Fish and seafood ........................................ 16,383 50.2 5.3 11.9 32.6 8.6 7.7 16.3

Eggs ........................................................... 7,390 57.3 5.6 11.0 26.1 7.5 7.2 11.4

Dairy products .............................................. 53,636 53.3 6.0 11.0 29.8 8.1 8.3 13.4

Fresh milk and cream ................................. 18,650 56.7 6.1 10.1 27.1 7.5 7.7 11.8

Other dairy products ................................... 34,986 51.4 5.9 11.4 31.2 8.4 8.6 14.2

Fruits and vegetables ................................... 95,793 51.4 5.8 11.6 31.1 8.2 8.5 14.3

Fresh fruits ................................................. 34,690 49.4 5.7 11.6 33.3 8.3 9.3 15.8

Fresh vegetables ........................................ 30,468 51.1 5.7 11.8 31.3 8.3 8.5 14.5

Processed fruits ......................................... 13,766 53.4 6.0 11.6 29.0 7.8 8.0 13.2

Processed vegetables ................................ 16,869 54.6 6.2 11.3 27.9 8.5 7.5 11.9

Other food at home ...................................... 175,148 51.8 5.9 11.6 30.7 8.0 8.3 14.3

Sugar and other sweets ............................. 17,650 52.6 5.8 11.6 30.0 6.9 8.5 14.5

Fats and oils ............................................... 14,559 53.7 5.6 11.7 29.0 8.8 7.6 12.6

Miscellaneous foods ................................... 88,968 50.8 6.3 11.5 31.4 8.5 8.6 14.3

Nonalcoholic beverages ............................. 47,471 54.7 5.4 12.1 27.8 7.0 7.7 13.1

Food prepared by consumer unit on

out-of-town trips ....................................... 6,500 37.2 6.3 8.6 47.9 10.7 9.8 27.4

Food away from home ................................... 353,344 41.9 6.9 11.6 39.6 9.3 8.9 21.4

See footnotes at end of table.
Table 2301. Higher income before taxes: Shares of annual aggregate expenditures and sources of income, Consumer Expenditure

Survey, 2014 — Continued

(Aggregates in millions of dollars, unless otherwise indicated)

Item Aggregate

Less

than

$70,000

$70,000

to

$79,999

$80,000

to

$99,999

$100,000

and

more

$100,000

to

$119,999

$120,000

to

$149,999

$150,000

and

more

Alcoholic beverages ......................................... 58,640 36.4 6.8 11.6 45.2 10.1 9.2 25.9

Housing ............................................................ 2,260,034 48.8 5.8 9.5 36.0 8.8 7.9 19.3

Shelter ............................................................ 1,332,356 48.5 5.7 9.1 36.7 8.8 7.7 20.3

Owned dwellings .......................................... 780,963 37.2 6.0 10.4 46.4 10.5 9.9 25.9

Mortgage interest and charges .................. 375,068 31.7 6.7 11.5 50.1 11.4 10.9 27.8

Property taxes ............................................ 241,699 40.1 5.4 10.0 44.5 9.3 9.1 26.0

Maintenance, repairs, insurance, other

expenses .................................................. 164,196 45.6 5.1 8.5 40.8 10.3 9.0 21.5

Rented dwellings .......................................... 461,186 71.8 5.3 6.9 16.0 5.9 3.6 6.4

Other lodging ................................................ 90,207 27.2 4.8 8.8 59.2 8.3 9.0 41.9

Utilities, fuels, and public services ................. 497,937 55.4 6.2 9.3 29.1 8.4 6.9 13.9

Natural gas ................................................... 55,766 52.2 6.1 9.4 32.3 8.3 7.7 16.3

Electricity ...................................................... 188,496 59.2 5.9 8.7 26.3 7.5 6.1 12.6

Fuel oil and other fuels ................................. 19,345 52.1 6.6 7.5 33.8 9.1 7.1 17.6

Telephone services ...................................... 167,046 53.2 6.4 10.1 30.3 9.0 7.5 13.8

Residential phone service, VOIP, and

phone cards ............................................. 44,774 59.0 5.5 8.4 27.0 7.5 6.3 13.3

Cellular phone service ................................ 122,272 51.1 6.7 10.7 31.5 9.6 7.9 14.0

Water and other public services ................... 67,284 53.6 6.5 9.6 30.3 8.8 7.1 14.4

Household operations .................................... 149,087 38.4 5.5 9.3 46.8 9.4 9.4 28.1

Personal services ......................................... 46,514 26.4 5.7 9.2 58.7 11.0 12.4 35.2

Other household expenses .......................... 102,573 43.8 5.4 9.4 41.4 8.6 8.0 24.8

Housekeeping supplies .................................. 80,097 49.3 5.6 12.9 32.2 9.2 8.1 14.8

Laundry and cleaning supplies ..................... 18,700 54.3 6.1 10.9 28.7 8.5 7.2 13.0

Other household products ............................ 44,827 47.2 5.3 14.1 33.4 9.8 8.2 15.3

Postage and stationery ................................ 16,569 49.6 5.7 11.8 32.8 8.5 8.8 15.5

Household furnishings and equipment ........... 200,557 41.9 6.0 10.9 41.1 9.5 10.3 21.3

Household textiles ........................................ 12,165 43.0 9.1 10.5 37.4 7.7 8.6 21.0

Furniture ....................................................... 49,118 39.4 5.2 9.7 45.8 10.7 9.6 25.5

Floor coverings ............................................. 2,308 27.3 7.8 9.1 55.8 10.5 9.8 35.5

Major appliances .......................................... 29,645 41.6 5.5 9.9 43.0 9.3 13.2 20.5

Small appliances, miscellaneous

housewares ................................................ 13,415 48.3 6.8 12.3 32.6 7.5 8.0 17.1

Miscellaneous household equipment ........... 93,905 42.7 6.0 11.8 39.5 9.4 10.4 19.7

Apparel and services ........................................ 226,385 43.4 5.3 11.1 40.3 8.5 9.6 22.1

Men and boys ................................................. 54,527 41.4 5.7 12.3 40.6 8.9 9.4 22.3

Men, 16 and over ......................................... 41,340 40.9 5.3 12.2 41.6 8.9 9.6 23.1

Boys, 2 to 15 ................................................ 13,187 43.0 6.9 12.6 37.5 9.0 8.6 19.9

Women and girls ............................................ 83,154 45.5 5.0 11.0 38.6 8.9 9.0 20.6

Women, 16 and over .................................... 69,860 45.5 4.6 11.0 38.9 9.2 8.9 20.8

Girls, 2 to 15 ................................................. 13,294 45.1 7.0 11.0 36.9 7.7 9.5 19.7

Children under 2 ............................................. 9,661 48.5 6.3 15.3 29.9 8.1 10.7 11.1

Footwear ........................................................ 46,494 46.6 5.8 10.3 37.4 7.9 9.8 19.7

Other apparel products and services ............. 32,549 35.2 4.3 8.9 51.6 7.8 11.3 32.5

Transportation .................................................. 1,152,035 46.2 6.4 10.1 37.3 9.8 8.9 18.6

Vehicle purchases (net outlay) ....................... 419,258 43.7 6.4 10.1 39.8 11.0 9.4 19.3

Cars and trucks, new ................................... 198,333 34.3 5.8 10.2 49.8 11.3 11.8 26.8

Cars and trucks, used .................................. 214,524 52.5 6.8 10.1 30.5 10.9 7.6 12.0

Other vehicles .............................................. 6,400 41.4 311.1 39.1 38.4 38.0 3.1 30.3

Gasoline and motor oil ................................... 313,481 52.0 6.4 10.5 31.1 9.5 7.8 13.8

Other vehicle expenses .................................. 345,454 46.1 6.7 10.1 37.1 8.9 9.1 19.1

Vehicle finance charges ............................... 26,440 42.9 7.3 12.4 37.4 11.6 9.6 16.2

Maintenance and repairs .............................. 106,090 47.4 6.1 10.2 36.3 9.1 7.8 19.4

Vehicle insurance ......................................... 140,966 49.4 7.7 9.8 33.1 7.3 9.9 15.8

Vehicle rental, leases, licenses, and other

charges ...................................................... 71,958 39.0 5.2 9.7 46.1 10.6 9.4 26.1

Public and other transportation ...................... 73,842 36.2 4.6 8.8 50.5 8.9 9.0 32.7

Healthcare ........................................................ 544,809 50.1 6.0 10.0 33.9 8.9 8.3 16.6

Health insurance ............................................ 364,258 50.2 6.1 10.1 33.6 9.1 8.0 16.5

Medical services ............................................. 100,360 46.5 6.0 10.0 37.5 9.4 10.3 17.8

Drugs .............................................................. 61,620 55.5 5.9 9.4 29.3 7.2 7.0 15.1

Medical supplies ............................................. 18,571 49.9 6.7 9.5 33.9 8.8 8.2 16.9

Entertainment ................................................... 346,200 42.5 6.3 9.9 41.4 9.8 9.2 22.4

Fees and admissions ..................................... 80,741 28.4 5.3 9.0 57.2 10.5 11.3 35.4

Audio and visual equipment and services ...... 133,406 54.6 5.9 9.1 30.4 8.0 8.0 14.4

Pets, toys, hobbies, and playground

equipment .................................................... 80,393 44.0 8.0 11.3 36.7 7.8 9.4 19.5

Pets .............................................................. 64,321 44.8 8.3 10.2 36.6 7.8 9.3 19.5

Toys, hobbies, and playground equipment .. 16,071 40.7 6.7 15.5 37.0 7.6 10.0 19.3

See footnotes at end of table.
Table 2301. Higher income before taxes: Shares of annual aggregate expenditures and sources of income, Consumer Expenditure

Survey, 2014 — Continued

(Aggregates in millions of dollars, unless otherwise indicated)

Item Aggregate

Less

than

$70,000

$70,000

to

$79,999

$80,000

to

$99,999

$100,000

and

more

$100,000

to

$119,999

$120,000

to

$149,999

$150,000

and

more

Other entertainment supplies, equipment,

and services ................................................. 51,661 30.8 6.1 10.9 52.1 16.6 8.7 26.8

Personal care products and services ............... 81,837 44.7 6.0 11.2 38.2 9.1 9.5 19.5

Reading ............................................................ 13,086 44.8 5.8 9.9 39.5 9.8 8.8 21.0

Education ......................................................... 156,946 35.4 3.6 8.6 52.4 8.9 9.2 34.4

Tobacco products and smoking supplies ......... 40,529 67.1 6.4 8.6 17.9 7.5 4.8 5.7

Miscellaneous .................................................. 99,290 46.6 4.6 10.1 38.7 9.2 9.0 20.6

Cash contributions ........................................... 227,095 40.6 5.2 9.7 44.5 10.0 7.9 26.6

Personal insurance and pensions .................... 727,233 25.9 6.3 10.9 57.0 12.0 11.6 33.3

Life and other personal insurance .................. 41,560 34.2 5.3 10.1 50.5 10.3 10.6 29.5

Pensions and Social Security ......................... 685,673 25.3 6.3 10.9 57.4 12.1 11.7 33.6

Sources of income and personal taxes:

Money income before taxes ............................. $8,493,781 31.7 6.0 10.3 52.0 10.6 9.9 31.5

Wages and salaries ........................................ 6,590,225 26.6 6.3 11.1 56.0 11.7 11.1 33.2

Self-employment income ................................ 544,125 16.4 4.8 7.7 71.1 8.0 8.3 54.8

Social Security, private and government

retirement ..................................................... 977,974 69.1 5.0 8.3 17.7 6.0 4.2 7.5

Interest, dividends, rental income, other

property income ........................................... 202,405 22.1 3.5 7.0 67.5 9.8 9.0 48.7

Public assistance, supplemental security

income, food stamps .................................... 67,346 93.6 2.2 1.2 3.1 3.9 3.6 1.6

Unemployment and workers’ compensation,

veterans’ benefits, and regular

contributions for support ............................... 70,673 53.3 8.8 9.6 28.3 7.6 6.3 14.4

Other income .................................................. 41,033 72.8 2.5 6.4 18.4 5.4 5.9 7.1

Personal taxes (contains some imputed

values) ............................................................ 1,081,185 7.6 4.7 9.2 78.6 11.2 11.7 55.6

Federal income taxes ..................................... 848,365 5.3 4.5 9.0 81.3 11.1 11.8 58.4

State and local income taxes ......................... 226,269 14.6 5.4 10.3 69.8 11.8 11.6 46.4

Other taxes ..................................................... 6,552 60.7 2.9 5.8 30.7 9.6 36.0 15.1

Income after taxes ............................................ 7,412,595 35.2 6.1 10.5 48.1 10.5 9.7 28.0

1 Value is too small to display.

2 No data reported.

3 Data are likely to have large sampling errors.

Source: Consumer Expenditure Survey, U.S. Bureau of Labor Statistics, September, 2015