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

Survey, 2012

(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) ................. 124,416 83,200 6,946 10,977 23,293 7,183 6,947 9,162

Percent distribution of consumer units ...................... 100.0 66.9 5.6 8.8 18.7 5.8 5.6 7.4

Consumer unit characteristics (mean values):

Income before taxes ................................................ $65,596 $31,989 $74,689 $88,974 $171,910 $108,977 $132,318 $251,270

Income after taxes ................................................... 63,370 31,798 72,762 86,313 162,529 105,714 127,434 233,684

Age of reference person .......................................... 50.0 50.8 47.9 48.1 48.9 48.7 48.5 49.4

Average number in consumer unit:

Persons ................................................................. 2.5 2.2 2.8 2.9 3.2 3.1 3.2 3.2

Children under 18 .................................................. .6 .5 .7 .7 .8 .8 .8 .9

Persons 65 and older ............................................ .3 .4 .3 .3 .2 .2 .2 .2

Earners .................................................................. 1.3 1.0 1.7 1.8 2.0 2.0 2.1 2.0

Vehicles ................................................................. 1.9 1.5 2.4 2.5 2.8 2.8 2.8 2.8

Percent distribution:

Sex of reference person:

Male ....................................................................... 47 44 46 52 55 53 56 56

Female ................................................................... 53 56 54 48 45 47 44 44

Housing tenure:

Homeowner ........................................................... 64 54 75 80 90 87 89 92

With mortgage ..................................................... 39 26 53 60 69 66 70 71

Without mortgage ................................................ 26 28 23 20 21 21 20 22

Renter .................................................................... 36 46 25 20 10 13 11 8

Race of reference person:

Black or African-American ..................................... 13 15 11 9 6 6 6 6

White, Asian, and all other races ........................... 87 85 89 91 94 94 94 94

Hispanic or Latino origin of reference person:

Hispanic or Latino .................................................. 13 15 12 8 6 7 8 4

Not Hispanic or Latino ........................................... 87 85 88 92 94 93 92 96

Education of reference person:

Elementary (1-8) .................................................... 4 6 2 1 1 1 1 1 ( )

High school (9-12) ................................................. 33 41 27 19 14 17 16 10

College .................................................................. 62 52 71 79 85 82 83 90

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

At least one vehicle owned or leased ...................... 88 83 96 96 97 98 97 97

Annual aggregate expenditures ................................. $6,397,517 45.2 6.6 11.4 36.9 8.9 9.6 18.4

Food ........................................................................ 819,604 49.4 7.4 10.7 32.5 9.0 9.2 14.4

Food at home ........................................................ 486,910 53.6 7.5 10.1 28.8 8.4 8.2 12.2

Cereals and bakery products ............................... 66,794 54.4 7.4 10.0 28.2 8.3 7.9 11.9

Cereals and cereal products .............................. 22,600 54.0 7.7 10.2 28.2 8.7 8.0 11.5

Bakery products ................................................. 44,195 54.6 7.3 9.9 28.1 8.1 7.9 12.1

Meats, poultry, fish, and eggs .............................. 105,859 54.6 7.5 10.3 27.6 8.2 7.5 11.8

Beef ................................................................... 28,106 54.1 7.2 10.2 28.6 8.8 6.5 13.3

Pork ................................................................... 20,587 56.5 7.8 10.3 25.3 7.7 7.1 10.6

Other meats ....................................................... 15,167 54.9 7.6 9.6 27.9 7.7 7.8 12.4

Poultry ............................................................... 19,791 55.1 7.8 10.2 27.0 7.5 8.9 10.6

Fish and seafood ............................................... 15,616 50.5 7.4 11.8 30.3 9.4 8.2 12.7

Eggs .................................................................. 6,592 58.1 7.2 9.4 25.4 8.0 7.3 10.1

Dairy products ..................................................... 52,026 52.1 7.7 10.3 29.9 8.6 8.3 12.9

Fresh milk and cream ........................................ 18,859 56.2 7.6 9.9 26.4 8.0 7.2 11.2

Other dairy products .......................................... 33,166 49.8 7.8 10.6 31.9 9.0 9.0 13.9

Fruits and vegetables .......................................... 90,779 52.8 7.2 10.0 29.9 8.4 8.6 13.0

Fresh fruits ......................................................... 32,449 50.6 7.0 10.3 32.1 8.6 9.3 14.2

Fresh vegetables ............................................... 28,084 52.9 7.1 9.8 30.3 8.1 8.7 13.5

Processed fruits ................................................. 14,127 53.9 7.9 10.0 28.3 8.2 7.8 12.3

Processed vegetables ....................................... 16,119 56.5 7.1 10.0 26.4 8.6 7.4 10.4

Other food at home .............................................. 171,452 53.7 7.7 9.9 28.8 8.4 8.4 12.0

Sugar and other sweets ..................................... 18,227 53.9 7.9 9.2 29.0 8.4 8.2 12.4

Fats and oils ...................................................... 14,169 56.9 7.4 9.1 26.7 8.3 8.4 10.0

Miscellaneous foods .......................................... 86,841 53.3 7.5 10.1 29.2 8.5 8.6 12.1

Nonalcoholic beverages .................................... 45,966 55.5 8.1 9.5 27.0 8.0 7.9 11.1

Food prepared by consumer unit on

out-of-town trips ............................................... 6,250 37.2 7.5 14.0 41.3 10.0 10.5 20.7

Food away from home ........................................... 332,694 43.1 7.3 11.5 38.0 9.9 10.6 17.5

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

Survey, 2012 — 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 ................................................ 56,038 41.7 7.7 11.9 38.7 10.1 10.7 17.9

Housing ................................................................... 2,100,777 49.4 6.1 10.9 33.5 8.0 9.0 16.5

Shelter ................................................................... 1,230,537 49.5 5.9 11.0 33.6 8.1 8.9 16.6

Owned dwellings ................................................. 753,428 37.9 6.2 13.0 43.0 10.2 11.6 21.2

Mortgage interest and charges .......................... 381,563 34.1 6.6 14.3 45.0 11.1 12.2 21.7

Property taxes ................................................... 228,378 39.4 6.1 11.9 42.7 9.8 11.1 21.7

Maintenance, repairs, insurance, other

expenses ......................................................... 143,487 45.5 5.3 11.2 37.9 8.1 10.8 19.0

Rented dwellings ................................................. 396,419 76.1 5.4 7.5 11.0 3.8 3.1 4.2

Other lodging ....................................................... 80,690 28.1 5.6 9.5 56.9 9.5 12.9 34.4

Utilities, fuels, and public services ......................... 453,897 55.4 6.3 10.7 27.6 7.6 7.9 12.1

Natural gas .......................................................... 44,709 52.2 6.5 10.7 30.5 7.9 8.6 14.0

Electricity ............................................................. 172,668 58.2 6.2 10.0 25.5 7.2 7.2 11.2

Fuel oil and other fuels ........................................ 17,037 50.0 4.9 11.4 33.7 8.5 8.5 16.6

Telephone services ............................................. 154,169 54.4 6.5 11.3 27.7 7.7 8.3 11.7

Water and other public services .......................... 65,312 53.4 6.6 10.9 29.1 8.1 8.2 12.9

Household operations ............................................ 144,181 39.6 5.8 11.1 43.5 8.6 11.1 23.8

Personal services ................................................ 45,824 30.3 6.7 12.4 50.6 9.8 14.4 26.4

Other household expenses .................................. 98,357 44.0 5.3 10.4 40.2 8.1 9.5 22.7

Housekeeping supplies ......................................... 75,737 50.2 8.2 10.5 31.2 8.5 8.6 14.0

Laundry and cleaning supplies ............................ 19,298 54.3 8.8 10.9 26.0 7.1 8.1 10.8

Other household products ................................... 39,558 48.6 8.2 10.3 32.9 8.9 8.8 15.3

Postage and stationery ........................................ 16,882 49.0 7.7 10.3 32.9 9.4 9.0 14.6

Household furnishings and equipment .................. 196,425 41.9 6.7 11.2 40.3 8.5 10.6 21.2

Household textiles ............................................... 15,233 41.6 9.7 12.6 36.2 6.6 10.1 19.4

Furniture .............................................................. 48,707 40.2 4.6 10.9 44.3 9.4 9.6 25.3

Floor coverings .................................................... 2,018 31.2 3.8 8.8 56.2 9.1 11.6 35.5

Major appliances ................................................. 24,541 43.6 6.9 12.7 36.8 7.4 11.2 18.2

Small appliances, miscellaneous housewares .... 12,163 42.8 12.3 10.8 34.1 7.0 10.2 16.9

Miscellaneous household equipment .................. 93,763 42.4 6.6 10.8 40.2 8.7 11.0 20.4

Apparel and services ............................................... 215,644 44.6 7.5 11.3 36.5 8.9 9.9 17.8

Men and boys ........................................................ 50,648 40.8 7.9 12.8 38.6 9.2 11.0 18.3

Men, 16 and over ................................................. 39,715 38.9 8.1 13.5 39.5 9.3 11.5 18.7

Boys, 2 to 15 ........................................................ 10,933 47.8 6.9 10.0 35.3 9.0 9.4 16.9

Women and girls .................................................... 85,509 45.4 7.8 11.2 35.5 9.4 9.6 16.6

Women, 16 and over ........................................... 71,105 44.9 8.1 11.3 35.7 9.6 9.7 16.4

Girls, 2 to 15 ........................................................ 14,404 47.9 6.3 11.1 34.7 8.6 8.7 17.4

Children under 2 .................................................... 7,865 54.5 6.1 12.4 27.0 6.8 6.8 13.4

Footwear ................................................................ 43,072 49.2 7.8 10.2 32.8 8.0 9.5 15.3

Other apparel products and services ..................... 28,550 39.4 6.0 10.7 43.9 8.5 10.2 25.2

Transportation ......................................................... 1,119,253 45.7 7.3 12.6 34.5 9.6 9.2 15.7

Vehicle purchases (net outlay) .............................. 399,436 41.1 7.4 14.5 37.0 11.0 9.0 17.0

Cars and trucks, new ........................................... 203,867 35.9 7.7 15.1 41.3 12.3 10.2 18.7

Cars and trucks, used .......................................... 188,620 47.2 6.9 14.1 31.8 9.4 7.7 14.7

Other vehicles ...................................................... 6,949 24.6 312.9 39.9 52.5 317.6 34.2 30.7

Gasoline and motor oil ........................................... 342,863 51.5 7.0 12.3 29.3 8.7 8.8 11.8

Other vehicle expenses ......................................... 309,497 47.5 7.9 11.0 33.7 9.1 9.3 15.3

Vehicle finance charges ...................................... 27,789 41.3 8.4 14.9 35.5 10.9 10.5 14.1

Maintenance and repairs ..................................... 101,286 48.8 6.3 11.0 33.9 8.3 9.6 16.0

Vehicle insurance ................................................ 126,416 51.2 9.8 9.6 29.4 9.5 8.0 11.9

Vehicle rental, leases, licenses, and other

charges .............................................................. 54,006 39.7 5.9 12.2 42.2 8.4 11.2 22.6

Public and other transportation .............................. 67,457 34.7 5.3 10.4 49.6 8.5 12.0 29.1

Health care .............................................................. 442,435 51.5 6.6 11.2 30.7 8.6 8.5 13.6

Health insurance .................................................... 256,394 52.6 6.7 11.6 29.2 8.2 8.4 12.6

Medical services .................................................... 104,331 46.3 6.4 11.4 35.9 10.3 9.3 16.3

Drugs ..................................................................... 63,997 57.3 6.0 9.6 27.2 7.6 7.6 11.9

Medical supplies .................................................... 17,714 45.5 7.8 10.5 36.3 8.5 8.7 19.0

Entertainment .......................................................... 323,950 42.6 6.8 10.6 40.0 8.9 10.3 20.8

Fees and admissions ............................................. 76,417 29.1 6.3 10.5 54.1 10.4 12.1 31.6

Audio and visual equipment and services ............. 121,785 52.3 6.6 10.6 30.5 7.7 8.6 14.2

Pets, toys, hobbies, and playground equipment .... 80,551 46.4 7.4 11.1 35.0 7.7 9.8 17.5

Other entertainment supplies, equipment, and

services ............................................................... 45,197 32.4 7.1 9.7 50.9 11.8 12.7 26.4

Personal care products and services ...................... 78,083 44.6 8.3 11.0 36.1 10.0 9.6 16.4

Reading ................................................................... 13,609 43.9 7.2 12.0 37.0 8.6 10.4 18.0

Education ................................................................. 150,202 31.0 4.9 9.0 55.2 9.2 11.4 34.6

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

Survey, 2012 — 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

Tobacco products and smoking supplies ................ 41,271 69.4 6.5 9.5 14.6 5.4 4.2 5.0

Miscellaneous .......................................................... 103,102 47.5 5.4 10.0 37.2 9.2 9.3 18.7

Cash contributions ................................................... 237,950 40.2 5.5 11.0 43.3 8.1 9.3 25.9

Personal insurance and pensions ........................... 695,600 27.1 6.5 12.8 53.6 10.6 13.0 30.1

Life and other personal insurance ......................... 43,871 32.2 5.8 12.2 49.8 8.7 10.4 30.7

Pensions and Social Security ................................ 651,729 26.8 6.5 12.9 53.8 10.7 13.1 30.0

Sources of income and personal taxes:

Money income before taxes .................................... $8,161,225 32.6 6.4 12.0 49.1 9.6 11.3 28.2

Wages and salaries ............................................... 6,436,072 28.0 6.6 12.8 52.7 10.5 12.3 29.9

Self-employment income ....................................... 362,895 10.9 5.6 9.6 73.9 6.9 12.0 55.0

Social Security, private and government

retirement ............................................................ 997,987 64.0 6.0 9.1 20.9 5.7 5.8 9.4

Interest, dividends, rental income, other property

income ................................................................. 168,945 21.8 4.7 9.3 64.3 10.4 9.4 44.5

Unemployment and workers’ compensation,

veterans’ benefits ................................................ 53,295 64.3 7.6 11.7 16.4 3.6 5.3 7.5

Public assistance, supplemental security income,

food stamps ......................................................... 66,378 90.7 2.2 3.6 3.5 31.6 1.2 3.7

Regular contributions for support .......................... 47,222 64.3 5.0 11.3 19.4 4.5 9.2 5.8

Other income ......................................................... 28,432 71.8 3.7 2.9 21.5 3.6 7.3 10.6

Personal taxes (missing values not imputed) .......... 276,995 5.7 4.8 10.5 78.9 8.5 12.2 58.2

Federal income taxes ............................................ 195,125 -.7 4.8 10.1 85.8 7.9 12.6 65.3

State and local income taxes ................................. 65,453 16.1 4.8 11.3 67.7 8.9 11.8 47.1

Other taxes ............................................................ 16,418 40.6 5.8 12.6 41.0 13.0 10.3 17.7

Income after taxes ................................................... 7,884,230 33.6 6.4 12.0 48.0 9.6 11.2 27.2

1 Value is less than or equal to 0.5.

2 No data reported.

3 Data are likely to have large sampling errors.

Source: Consumer Expenditure Survey, U.S. Bureau of Labor Statistics, September, 2013