Table 3860. Consumer units with reference person age 65 to 74 by region of residence: Average annual expenditures 

and characteristics, Consumer Expenditure Surveys, 2020-2021

Item Total 

65-74 Northeast Midwest South West 

Number of consumer units (in thousands)1................................................... 20,962 3,894 4,422 7,952 4,694 

Consumer unit characteristics: 

 Income before taxes ................................................................................... $61,739 $68,261 $58,414 $55,394 $70,211 

 Income after taxes ...................................................................................... 58,317 63,241 55,971 53,384 64,800 

 Age of reference person ............................................................................. 69.2 69.1 69.3 69.3 69.2 

 Average number in consumer unit: 

 People ..................................................................................................... 1.8 1.9 1.7 1.9 1.9 

 Children under 18 .................................................................................... .1 .1 .1 .1 .1 

 Adults 65 and older ................................................................................. 1.4 1.4 1.4 1.4 1.4 

 Earners .................................................................................................... .6 .7 .7 .6 .7 

 Vehicles ................................................................................................... 1.9 1.6 2.1 1.9 2.1 

Percent distribution: 

 Reference person: 

 Men.......................................................................................................... 46 46 44 46 47 

 Women .................................................................................................... 54 54 56 54 53 

 Housing tenure: 

 Homeowner ............................................................................................. 80 73 83 81 79 

 With mortgage ...................................................................................... 31 24 36 28 38 

 Without mortgage ................................................................................. 48 49 47 54 40 

 Renter ...................................................................................................... 20 27 17 19 21 

 Race of reference person: 

 Black or African-American ....................................................................... 12 13 9 17 4 

 White, Asian, and all other races, not including Black or 

 African-American .................................................................................. 88 87 91 83 96 

 Hispanic or Latino origin of reference person: 

 Hispanic or Latino .................................................................................... 8 6 2 9 11 

 Not Hispanic or Latino ............................................................................. 92 94 98 91 89 

 Education of reference person: 

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

 High school (9-12) ................................................................................... 30 32 31 33 20 

 College .................................................................................................... 67 64 68 63 76 

 Never attended and other ....................................................................... ( 2 ) ( 2 ) ( 3 ) ( 2 ) ( 2 ) 

 At least one vehicle owned or leased ......................................................... 91 83 94 91 93 

Average annual expenditures ........................................................................ $54,418 $57,435 $51,786 $50,013 $61,859 

 Food ............................................................................................................ 6,672 7,587 5,948 6,169 7,387 

 Food at home .......................................................................................... 4,673 5,449 4,274 4,204 5,160 

 Cereals and bakery products ............................................................... 595 730 551 543 607 

 Cereals and cereal products ............................................................. 174 234 155 150 183 

 Bakery products ................................................................................ 420 495 396 393 424 

 Meats, poultry, fish, and eggs .............................................................. 997 1,228 893 931 1,009 

 Beef ................................................................................................... 253 271 206 254 276 

 Pork ................................................................................................... 222 254 215 233 185 

 Other meats ...................................................................................... 134 195 135 114 117 

 Poultry ............................................................................................... 162 232 133 142 164 

 Fish and seafood .............................................................................. 169 214 156 138 195 

 Eggs .................................................................................................. 57 62 48 50 71 

 Dairy products ...................................................................................... 473 555 421 418 543 

 Fresh milk and cream ....................................................................... 142 164 122 129 161 

 Other dairy products ......................................................................... 331 391 298 289 382 

 Fruits and vegetables ........................................................................... 917 1,158 779 786 1,057 

 Fresh fruits ........................................................................................ 343 439 299 291 391 

 Fresh vegetables .............................................................................. 293 389 225 236 367 

 Processed fruits ................................................................................ 111 125 111 96 123 

 Processed vegetables ...................................................................... 171 205 145 164 177 

 Other food at home .............................................................................. 1,691 1,779 1,630 1,526 1,944 

 Sugar and other sweets .................................................................... 168 177 177 148 185 

 Fats and oils ...................................................................................... 123 124 116 122 131 

 Miscellaneous foods ......................................................................... 877 911 866 770 1,036 

 Nonalcoholic beverages ................................................................... 462 484 409 453 505 

See footnotes at end of table. 
Table 3860. Consumer units with reference person age 65 to 74 by region of residence: Average annual expenditures 

and characteristics, Consumer Expenditure Surveys, 2020-2021 — Continued 

Item Total 

65-74 Northeast Midwest South West 

 Food prepared by consumer unit on out of town trips ...................... 60 82 61 33 86 

 Food away from home............................................................................. 1,999 2,138 1,674 1,965 2,227 

 Alcoholic beverages ................................................................................... 494 595 546 434 467 

 Housing ....................................................................................................... 19,274 21,523 18,585 16,745 22,392 

 Shelter ..................................................................................................... 10,595 12,488 9,325 8,876 13,135 

 Owned dwellings .................................................................................. 7,526 8,320 7,128 6,397 9,154 

 Mortgage interest and charges ......................................................... 1,820 1,384 1,561 1,533 2,913 

 Property taxes ................................................................................... 2,642 4,243 2,773 1,820 2,585 

 Maintenance, repairs, insurance, and other expenses .................... 3,063 2,693 2,794 3,044 3,657 

 Rented dwellings .................................................................................. 2,254 3,133 1,469 1,779 3,069 

 Other lodging ........................................................................................ 816 1,035 727 700 912 

 Utilities, fuels, and public services .......................................................... 4,077 4,311 3,992 3,978 4,129 

 Natural gas ........................................................................................... 441 592 631 289 395 

 Electricity .............................................................................................. 1,537 1,401 1,368 1,750 1,445 

 Fuel oil and other fuels ......................................................................... 144 451 83 66 79 

 Telephone services .............................................................................. 1,248 1,350 1,237 1,201 1,255 

 Residential phone service, VOIP, and phone cards ......................... 281 406 284 247 232 

 Cellular phone service ...................................................................... 968 944 953 954 1,023 

 Water and other public services .......................................................... 707 516 673 672 955 

 Household operations ............................................................................. 1,331 1,335 1,149 1,174 1,760 

 Personal services ................................................................................. 51 4110 416 439 454 

 Other household expenses .................................................................. 1,280 1,224 1,133 1,135 1,706 

 Housekeeping supplies ........................................................................... 853 964 781 767 965 

 Laundry and cleaning supplies ............................................................ 169 136 155 170 205 

 Other household products .................................................................... 549 660 502 492 594 

 Postage and stationery ........................................................................ 135 169 125 105 166 

 Household furnishings and equipment .................................................... 2,419 2,425 3,339 1,950 2,403 

 Household textiles ................................................................................ 117 119 97 105 151 

 Furniture ............................................................................................... 444 396 511 374 540 

 Floor coverings ..................................................................................... 24 31 18 25 21 

 Major appliances .................................................................................. 367 353 334 369 408 

 Small appliances and miscellaneous housewares .............................. 133 154 130 108 162 

 Miscellaneous household equipment ................................................... 1,333 1,372 2,249 968 1,120 

 Apparel and services .................................................................................. 1,065 1,407 1,176 857 1,035 

 Men and boys .......................................................................................... 256 415 226 211 225 

 Men, 16 and over ................................................................................. 227 345 201 196 203 

 Boys, 2 to 15 ........................................................................................ 29 470 25 15 22 

 Women and girls ..................................................................................... 417 451 432 350 486 

 Women, 16 and over ............................................................................ 388 393 409 329 462 

 Girls, 2 to 15 ......................................................................................... 29 459 423 21 24 

 Children under 2 ...................................................................................... 23 457 415 416 414 

 Footwear .................................................................................................. 202 309 244 152 160 

 Other apparel products and services ...................................................... 167 174 258 127 150 

 Transportation ............................................................................................ 8,024 7,142 7,267 8,365 8,894 

 Vehicle purchases (net outlay) ................................................................ 3,326 2,702 2,657 3,994 3,341 

 Cars and trucks, new ........................................................................... 1,744 1,439 847 2,596 1,400 

 Cars and trucks, used .......................................................................... 1,564 1,264 1,811 1,398 1,860 

 Other vehicles ...................................................................................... 

418 ( 3

 ) ( 3 ) ( 3 ) 481 

 Gasoline, other fuels, and motor oil ........................................................ 1,428 1,179 1,380 1,459 1,625 

 Other vehicle expenses ........................................................................... 2,987 2,889 2,963 2,759 3,480 

 Vehicle finance charges ....................................................................... 163 139 150 173 177 

 Maintenance and repairs ..................................................................... 872 723 832 773 1,200 

 Vehicle rental, leases, licenses, and other charges ............................ 658 840 817 436 735 

 Vehicle insurance ................................................................................. 1,295 1,187 1,164 1,377 1,369 

 Public and other transportation ............................................................... 284 372 267 153 448 

 Healthcare .................................................................................................. 6,834 6,509 6,980 6,668 7,252 

 Health insurance ..................................................................................... 4,925 4,629 5,152 4,831 5,115 

 Medical services ...................................................................................... 918 1,002 769 805 1,180 

 Drugs ....................................................................................................... 735 610 776 806 682 

 Medical supplies ...................................................................................... 257 267 283 226 275 

 Entertainment ............................................................................................. 3,083 2,816 3,149 2,483 4,255 

 Fees and admissions .............................................................................. 358 334 420 309 404 

 Audio and visual equipment and services............................................... 1,072 1,163 1,132 999 1,065 

 Pets, toys, hobbies, and playground equipment ..................................... 919 743 890 791 1,304 

 Pets ...................................................................................................... 768 601 696 672 1,129 

 Toys, hobbies, and playground equipment .......................................... 152 142 194 120 175 

See footnotes at end of table. 
Table 3860. Consumer units with reference person age 65 to 74 by region of residence: Average annual expenditures 

and characteristics, Consumer Expenditure Surveys, 2020-2021 — Continued 

Item Total 

65-74 Northeast Midwest South West 

 Other entertainment supplies, equipment, and services ........................ 733 576 706 384 1,483 

 Personal care products and services ......................................................... 590 616 619 537 633 

 Reading ...................................................................................................... 134 166 127 114 148 

 Education .................................................................................................... 330 646 233 261 278 

 Tobacco products and smoking supplies ................................................... 277 265 306 293 231 

 Miscellaneous ............................................................................................. 923 1,055 820 895 960 

 Cash contributions ...................................................................................... 2,917 2,274 2,904 2,922 3,455 

 Personal insurance and pensions .............................................................. 3,799 4,835 3,126 3,270 4,472 

 Life and other personal insurance ........................................................... 570 676 566 591 451 

 Pensions and Social Security.................................................................. 3,229 4,158 2,559 2,679 4,021 

Sources of income and personal taxes: 

 Income before taxes ................................................................................... $61,739 $68,261 $58,414 $55,394 $70,211 

 Wages and salaries ................................................................................. 26,033 32,645 23,001 23,399 27,869 

 Self-employment income ......................................................................... 4,031 4,666 2,327 2,906 7,016 

 Social Security, private and government retirement ............................... 27,035 26,504 27,823 25,531 29,281 

 Interest, dividends, rental income, and other property income ............... 3,318 3,082 4,267 2,355 4,251 

 Public assistance, Supplemental Security Income, Supplementary 

 Nutrition Assistance Program (SNAP) ................................................. 382 442 267 388 432 

 Unemployment and workers' compensation, veterans' benefits, 

 and regular contributions for support ................................................... 782 779 579 698 1,117 

 Other income ........................................................................................... 158 4142 149 118 245 

 Personal taxes (contains some imputed values) ....................................... 3,422 5,019 2,443 2,010 5,411 

 Federal income taxes .............................................................................. 4,309 5,323 3,522 3,333 5,864 

 Stimulus payment (new UCC Q20202)# ................................................. -2,029 -1,901 -2,033 -2,076 -2,051 

 State and local income taxes .................................................................. 1,080 1,521 862 687 1,585 

 Other taxes .............................................................................................. 62 77 92 66 413 

 Income after taxes ...................................................................................... 58,317 63,241 55,971 53,384 64,800 

Addenda: 

 Net change in total assets and liabilities .................................................... $16,856 $15,884 $39,620 $8,144 $10,974 

 Net change in total assets ....................................................................... 25,793 28,318 47,913 13,242 24,123 

 Net change in total liabilities .................................................................... 8,937 12,433 8,293 5,098 13,149 

 Other financial information: 

 Other money receipts .............................................................................. 860 644 1,500 378 1,252 

 Mortgage principal paid on owned property ............................................ -2,131 -2,004 -2,021 -1,880 -2,764 

 Estimated market value of owned home ................................................. 281,552 270,981 213,149 218,416 461,716 

 Estimated monthly rental value of owned home ..................................... 1,432 1,474 1,216 1,282 1,854 

1

 Data are rounded to the nearest thousands. 

2

 Value is too small to display. 

3

 No data reported. 

4

 Data are likely to have large sampling errors. 

# Data collection for this item began in June 2020. Stimulus payments delivered to respondents interviewed in April and May of 2020 were not included in estimation. 

Source: Consumer Expenditure Surveys, U.S. Bureau of Labor Statistics, September, 2022