Table 1300. Age of reference person: Shares of annual aggregate expenditures and sources of income, Consumer Expenditure Survey,

2012

(Aggregates in millions of dollars, unless otherwise indicated)

Item Aggregate

Under

25

years

25-34

years

35-44

years

45-54

years

55-64

years

65 years

and older

65-74

years

75 years

and older

Number of consumer units (in thousands) ................... 124,416 8,159 20,112 21,598 24,624 22,770 27,154 14,993 12,161

Percent distribution of consumer units ........................ 100.0 6.6 16.2 17.4 19.8 18.3 21.8 12.1 9.8

Consumer unit characteristics (mean values):

Income before taxes .................................................. $65,596 $36,639 $58,832 $78,169 $81,704 $77,507 $44,713 $53,521 $33,853

Income after taxes ..................................................... 63,370 33,670 57,437 76,376 78,859 73,302 43,969 52,510 33,439

Age of reference person ............................................ 50.0 21.7 29.6 39.4 49.6 59.1 74.8 68.9 82.1

Average number in consumer unit:

Persons ................................................................... 2.5 2.0 2.8 3.4 2.7 2.1 1.7 1.8 1.5

Children under 18 .................................................... .6 .4 1.1 1.4 .6 .2 .1 .1 1 ( )

Persons 65 and older .............................................. .3 1 ( ) 1 ( ) 1 ( ) .1 .1 1.4 1.4 1.3

Earners .................................................................... 1.3 1.3 1.5 1.6 1.7 1.3 .5 .6 .2

Vehicles ................................................................... 1.9 1.2 1.7 2.0 2.3 2.2 1.6 1.9 1.3

Percent distribution:

Sex of reference person:

Male ......................................................................... 47 50 47 46 47 49 43 48 38

Female ..................................................................... 53 50 53 54 53 51 57 52 62

Housing tenure:

Homeowner ............................................................. 64 15 40 62 72 79 80 80 79

With mortgage ....................................................... 39 10 35 52 53 43 22 30 11

Without mortgage .................................................. 26 4 5 10 19 36 58 50 67

Renter ...................................................................... 36 85 60 38 28 21 20 20 21

Race of reference person:

Black or African-American ....................................... 13 11 15 15 13 12 9 10 8

White, Asian, and all other races ............................. 87 89 85 85 87 88 91 90 92

Hispanic or Latino origin of reference person:

Hispanic or Latino .................................................... 13 20 18 19 12 7 6 7 5

Not Hispanic or Latino ............................................. 87 80 82 81 88 93 94 93 95

Education of reference person:

Elementary (1-8) ...................................................... 4 1 3 4 4 4 8 5 11

High school (9-12) ................................................... 33 30 28 31 33 31 42 39 47

College .................................................................... 62 68 69 65 63 65 49 55 42

Never attended and other ........................................ 2 ( ) 3 ( ) 2 ( ) 2 ( ) 2 ( ) 2 ( ) 1 1 1

At least one vehicle owned or leased ........................ 88 68 88 91 91 91 85 89 79

Annual aggregate expenditures ................................... $6,397,517 4.0 15.6 19.7 23.9 19.7 17.1 10.7 6.3

Food .......................................................................... 819,604 4.5 16.3 20.6 23.8 18.4 16.4 10.4 6.0

Food at home .......................................................... 486,910 4.4 15.5 20.2 23.8 18.2 17.9 11.3 6.6

Cereals and bakery products ................................. 66,794 4.5 15.7 20.7 23.4 17.4 18.3 10.8 7.4

Cereals and cereal products ................................ 22,600 5.4 17.0 21.6 24.9 15.5 15.7 9.3 6.4

Bakery products ................................................... 44,195 4.0 15.1 20.3 22.6 18.4 19.6 11.6 8.0

Meats, poultry, fish, and eggs ................................ 105,859 4.6 14.6 20.7 24.4 18.5 17.2 11.2 6.0

Beef ..................................................................... 28,106 4.8 14.0 20.6 25.2 19.0 16.4 10.6 5.8

Pork ..................................................................... 20,587 4.5 14.4 21.1 23.4 18.8 17.9 12.0 5.9

Other meats ......................................................... 15,167 4.3 15.0 21.3 23.3 17.6 18.4 11.9 6.6

Poultry ................................................................. 19,791 4.9 16.9 19.9 25.8 17.8 14.7 9.2 5.5

Fish and seafood ................................................. 15,616 4.0 12.2 21.0 24.3 19.5 19.1 13.0 6.1

Eggs .................................................................... 6,592 5.0 15.7 20.1 22.4 17.8 19.1 11.7 7.3

Dairy products ....................................................... 52,026 4.1 15.5 20.9 23.6 18.4 17.5 10.9 6.5

Fresh milk and cream .......................................... 18,859 4.5 16.3 22.1 23.7 16.6 16.8 9.8 6.9

Other dairy products ............................................ 33,166 3.9 15.1 20.3 23.5 19.4 17.8 11.5 6.3

Fruits and vegetables ............................................ 90,779 4.3 15.4 19.5 23.7 17.8 19.3 11.8 7.5

Fresh fruits ........................................................... 32,449 4.2 15.0 20.0 23.4 17.6 19.8 11.8 8.0

Fresh vegetables ................................................. 28,084 3.9 15.2 19.0 23.6 18.4 19.8 12.7 7.1

Processed fruits ................................................... 14,127 4.6 16.3 19.2 23.5 17.3 19.0 10.4 8.6

Processed vegetables ......................................... 16,119 4.7 16.1 19.5 24.4 17.8 17.6 11.1 6.5

Other food at home ................................................ 171,452 4.4 16.0 19.9 23.8 18.5 17.5 11.4 6.1

Sugar and other sweets ....................................... 18,227 4.2 15.2 20.5 22.0 19.3 18.8 11.4 7.4

Fats and oils ........................................................ 14,169 4.9 14.2 20.6 23.9 17.7 18.8 11.4 7.5

Miscellaneous foods ............................................ 86,841 4.3 17.3 19.8 23.7 18.1 16.8 11.0 5.8

Nonalcoholic beverages ...................................... 45,966 5.0 14.8 20.0 24.4 18.4 17.4 11.3 6.0

Food prepared by consumer unit on out-of-town

trips .................................................................... 6,250 1.1 12.7 16.3 26.2 23.4 20.4 15.6 4.8

Food away from home ............................................. 332,694 4.8 17.4 21.1 23.8 18.6 14.3 9.2 5.1

See footnotes at end of table.
Table 1300. Age of reference person: Shares of annual aggregate expenditures and sources of income, Consumer Expenditure Survey,

2012 — Continued

(Aggregates in millions of dollars, unless otherwise indicated)

Item Aggregate

Under

25

years

25-34

years

35-44

years

45-54

years

55-64

years

65 years

and older

65-74

years

75 years

and older

Alcoholic beverages .................................................. 56,038 5.3 20.6 19.6 20.0 19.5 15.0 10.7 4.2

Housing ..................................................................... 2,100,777 4.3 16.5 20.4 22.4 18.6 17.8 10.7 7.1

Shelter ..................................................................... 1,230,537 4.8 17.1 20.8 22.5 18.0 16.8 10.2 6.6

Owned dwellings ................................................... 753,428 1.4 12.2 22.0 24.9 21.1 18.4 11.9 6.5

Mortgage interest and charges ............................ 381,563 1.6 15.9 27.1 26.3 19.3 9.9 7.8 2.1

Property taxes ..................................................... 228,378 1.1 9.0 18.1 25.1 23.0 23.6 14.1 9.5

Maintenance, repairs, insurance, other

expenses ........................................................... 143,487 1.5 7.3 14.6 20.9 23.1 32.7 19.3 13.4

Rented dwellings ................................................... 396,419 11.8 28.4 20.1 16.8 10.3 12.5 5.9 6.6

Other lodging ......................................................... 80,690 2.3 7.6 12.9 27.7 26.8 22.7 15.7 7.0

Utilities, fuels, and public services ........................... 453,897 3.4 13.9 19.4 23.3 20.0 20.0 11.9 8.1

Natural gas ............................................................ 44,709 3.0 12.6 19.4 23.8 19.9 21.4 12.2 9.2

Electricity ............................................................... 172,668 3.5 13.9 19.0 22.7 20.0 20.9 12.4 8.5

Fuel oil and other fuels .......................................... 17,037 41.1 8.3 16.2 20.6 21.9 31.9 17.1 14.8

Telephone services ............................................... 154,169 4.0 15.5 20.4 24.3 19.5 16.3 10.2 6.1

Water and other public services ............................ 65,312 2.4 12.3 18.8 23.3 21.0 22.1 12.8 9.3

Household operations .............................................. 144,181 3.0 18.7 23.4 18.4 16.2 20.3 10.4 9.8

Personal services .................................................. 45,824 3.5 32.0 37.4 11.1 4.4 11.7 2.7 9.0

Other household expenses .................................... 98,357 2.8 12.5 16.8 21.9 21.8 24.2 14.0 10.2

Housekeeping supplies ........................................... 75,737 3.4 14.6 17.9 21.7 21.5 20.9 13.1 7.9

Laundry and cleaning supplies .............................. 19,298 4.5 17.0 19.9 22.4 18.4 17.8 11.1 6.7

Other household products ..................................... 39,558 3.0 14.1 17.3 21.9 22.9 20.8 12.9 7.8

Postage and stationery .......................................... 16,882 3.0 12.8 17.0 20.7 21.6 25.0 15.5 9.5

Household furnishings and equipment .................... 196,425 4.0 17.5 19.4 22.3 20.2 16.6 10.9 5.7

Household textiles ................................................. 15,233 2.8 14.0 19.2 19.8 23.3 20.9 14.7 6.2

Furniture ................................................................ 48,707 5.4 17.8 23.4 23.9 17.6 11.8 8.0 3.9

Floor coverings ...................................................... 2,018 1.4 12.1 19.7 28.9 20.2 17.6 9.1 8.5

Major appliances ................................................... 24,541 2.8 13.4 22.0 24.1 18.7 19.0 13.7 5.3

Small appliances, miscellaneous housewares ...... 12,163 3.4 14.9 16.0 21.1 27.5 17.0 12.3 4.7

Miscellaneous household equipment .................... 93,763 3.9 19.4 17.1 21.4 20.4 17.7 10.9 6.8

Apparel and services ................................................. 215,644 4.9 19.5 22.9 23.3 16.7 12.6 8.8 3.8

Men and boys .......................................................... 50,648 5.1 17.0 26.6 24.9 16.0 10.4 7.5 2.9

Men, 16 and over ................................................... 39,715 5.9 15.2 23.3 26.0 17.6 12.0 8.6 3.4

Boys, 2 to 15 .......................................................... 10,933 2.1 23.4 38.4 21.0 10.3 4.9 3.8 1.0

Women and girls ...................................................... 85,509 4.2 19.2 20.5 23.3 17.9 14.9 10.2 4.7

Women, 16 and over ............................................. 71,105 4.7 18.7 17.2 23.4 19.6 16.3 10.8 5.5

Girls, 2 to 15 .......................................................... 14,404 1.3 21.5 36.7 22.7 9.8 8.0 7.1 .9

Children under 2 ...................................................... 7,865 12.0 36.7 26.3 9.9 9.7 5.4 4.8 4.6

Footwear .................................................................. 43,072 4.4 19.6 25.1 24.9 14.6 11.4 7.8 3.7

Other apparel products and services ....................... 28,550 5.3 20.3 19.7 21.9 19.4 13.5 9.8 3.7

Transportation ........................................................... 1,119,253 4.7 17.5 19.3 23.4 19.3 15.8 11.0 4.8

Vehicle purchases (net outlay) ................................ 399,436 5.9 21.0 19.5 21.8 16.5 15.3 11.2 4.1

Cars and trucks, new ............................................. 203,867 3.2 18.2 16.4 23.9 19.1 19.2 14.0 5.2

Cars and trucks, used ............................................ 188,620 8.0 24.1 22.8 19.7 13.8 11.6 8.6 3.0

Other vehicles ........................................................ 6,949 424.3 20.9 21.6 17.5 413.0 42.6 42.6 3 ( )

Gasoline and motor oil ............................................. 342,863 4.6 16.6 21.1 24.6 19.2 14.1 9.7 4.3

Other vehicle expenses ........................................... 309,497 3.5 14.7 17.8 24.2 22.1 17.7 11.6 6.1

Vehicle finance charges ........................................ 27,789 3.8 21.5 23.5 24.9 16.6 9.8 7.9 1.8

Maintenance and repairs ....................................... 101,286 3.9 14.1 17.8 24.0 22.3 17.8 12.4 5.4

Vehicle insurance .................................................. 126,416 3.2 12.7 15.8 24.7 24.0 19.6 11.8 7.9

Vehicle rental, leases, licenses, and other

charges ................................................................ 54,006 3.6 16.8 19.4 23.2 20.0 17.1 11.7 5.4

Public and other transportation ................................ 67,457 3.5 14.6 16.2 23.4 23.3 19.0 13.0 6.0

Health care ................................................................ 442,435 1.9 9.3 14.4 20.5 22.5 31.4 17.8 13.6

Health insurance ...................................................... 256,394 1.5 9.6 14.7 20.3 20.2 33.7 19.3 14.5

Medical services ...................................................... 104,331 3.2 10.1 14.9 21.1 26.4 24.3 14.0 10.3

Drugs ....................................................................... 63,997 1.5 6.7 12.3 20.3 25.5 33.7 19.0 14.7

Medical supplies ...................................................... 17,714 2.2 9.4 14.0 22.1 21.9 30.4 14.6 15.8

Entertainment ............................................................ 323,950 3.2 14.9 21.6 23.2 20.3 16.8 11.1 5.7

Fees and admissions ............................................... 76,417 2.7 14.3 24.5 24.2 19.7 14.6 10.4 4.2

Audio and visual equipment and services ............... 121,785 4.0 15.7 19.6 22.1 19.5 19.0 11.6 7.4

Pets, toys, hobbies, and playground equipment ...... 80,551 2.7 14.5 18.7 22.4 23.3 18.4 13.0 5.4

Other entertainment supplies, equipment, and

services ................................................................. 45,197 2.9 14.3 27.5 25.7 17.8 11.8 7.6 4.2

Personal care products and services ........................ 78,083 3.9 15.0 19.3 22.3 20.0 19.6 12.4 7.2

Reading ..................................................................... 13,609 2.6 10.6 14.7 21.4 22.2 28.4 16.3 12.1

Education ................................................................... 150,202 10.3 13.7 15.1 39.8 16.9 4.2 2.4 1.8

See footnotes at end of table.
Table 1300. Age of reference person: Shares of annual aggregate expenditures and sources of income, Consumer Expenditure Survey,

2012 — Continued

(Aggregates in millions of dollars, unless otherwise indicated)

Item Aggregate

Under

25

years

25-34

years

35-44

years

45-54

years

55-64

years

65 years

and older

65-74

years

75 years

and older

Tobacco products and smoking supplies .................. 41,271 5.2 17.1 18.8 25.7 20.5 12.7 9.1 3.7

Miscellaneous ............................................................ 103,102 3.0 12.9 18.4 22.1 20.0 23.7 15.0 8.7

Cash contributions ..................................................... 237,950 1.7 9.3 13.3 25.1 22.5 28.0 14.4 13.6

Personal insurance and pensions ............................. 695,600 2.7 15.4 21.8 29.0 23.2 7.8 6.3 1.6

Life and other personal insurance ........................... 43,871 .9 6.6 16.0 25.1 26.9 24.6 16.5 8.1

Pensions and Social Security .................................. 651,729 2.9 16.0 22.2 29.3 23.0 6.7 5.6 1.1

Sources of income and personal taxes:

Money income before taxes ...................................... $8,161,225 3.7 14.5 20.7 24.7 21.6 14.9 9.8 5.0

Wages and salaries ................................................. 6,436,072 4.1 17.0 24.0 28.0 21.0 6.0 5.0 1.0

Self-employment income ......................................... 362,895 1.6 9.6 18.8 22.7 35.3 11.9 9.4 2.6

Social Security, private and government retirement 997,987 .6 1.1 2.7 6.7 20.4 68.5 39.3 29.2

Interest, dividends, rental income, other property

income ................................................................... 168,945 3.9 3.6 4.8 13.0 28.4 46.2 24.6 21.7

Unemployment and workers’ compensation,

veterans’ benefits .................................................. 53,295 2.3 18.3 22.6 24.3 22.3 10.1 7.7 42.4

Public assistance, supplemental security income,

food stamps ........................................................... 66,378 5.7 18.3 18.4 22.9 21.9 12.7 8.4 4.4

Regular contributions for support ............................ 47,222 18.8 18.3 20.6 18.7 9.1 14.5 9.4 5.1

Other income ........................................................... 28,432 18.8 23.0 14.6 14.9 16.7 12.0 5.7 6.3

Personal taxes (missing values not imputed) ............ 276,995 8.7 10.1 14.0 25.3 34.6 7.3 5.5 1.8

Federal income taxes .............................................. 195,125 10.4 9.0 12.7 25.6 36.2 6.3 5.1 1.2

State and local income taxes ................................... 65,453 6.0 14.1 17.9 25.6 31.7 4.8 3.7 1.1

Other taxes .............................................................. 16,418 .5 7.8 14.1 20.7 27.2 29.7 17.3 12.4

Income after taxes ..................................................... 7,884,230 3.5 14.7 20.9 24.6 21.2 15.1 10.0 5.2

1 Value is less than or equal to 0.05.

2 Value is less than or equal to 0.5.

3 No data reported.

4 Data are likely to have large sampling errors.

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