Table 29. Consumer units with reference person age 55 to 64 by income before taxes: Average annual expenditures and

characteristics, Consumer Expenditure Survey, 2006-2007

Item

Total

55-64

years

Less

than

$5,000

$5,000

to

$9,999

$10,000

to

$14,999

$15,000

to

$19,999

$20,000

to

$29,999

$30,000

to

$39,999

$40,000

to

$49,999

$50,000

to

$69,999

$70,000

and

more

Number of consumer units (in thousands) ....... 19,207 619 866 968 1,119 2,057 2,015 2,010 3,031 6,521 

Consumer unit characteristics: 

Income before taxes ..................................... $67,780 - $2,643 $8,340 $12,385 $17,287 $24,862 $34,604 $44,896 $59,598 $133,893 

Income after taxes ........................................ 64,476 -3,168 8,092 12,413 17,020 24,276 33,817 43,846 57,223 126,142 

Age of reference person ................................ 59.2 59.0 59.8 59.8 59.9 59.4 59.4 59.2 59.2 58.8 

Average number in consumer unit:

Persons ........................................................ 2.1 1.4 1.4 1.6 1.7 1.8 1.9 2.0 2.2 2.5 

Children under 18 ........................................ .2 1.1 1.1 1.1 .1 .1 .1 .1 .2 .2 

Persons 65 and over .................................... .1 2 ( ) 1.1 .1 .1 .1 .2 .1 .1 .1 

Earners ........................................................ 1.3 .4 .4 .4 .6 .9 1.1 1.3 1.6 1.9 

Vehicles ....................................................... 2.2 1.2 1.0 1.2 1.5 1.7 1.9 2.1 2.3 2.8 

Percent distribution:

Sex of reference person:

Male ............................................................. 48 52 40 37 41 38 42 49 48 55 

Female ......................................................... 52 48 60 63 59 62 58 51 52 45 

Housing tenure:

Homeowner .................................................. 81 56 44 62 66 71 76 82 88 94 

With mortgage ............................................ 46 26 14 21 27 33 37 45 55 63 

Without mortgage ....................................... 34 30 30 41 39 38 39 37 33 31 

Renter .......................................................... 19 44 56 38 34 29 24 18 12 6 

Race of reference person:

Black or African-American ........................... 11 14 20 24 17 15 12 12 9 6 

White, Asian, and all other races ................. 89 86 80 76 83 85 88 88 91 94 

Hispanic or Latino origin of reference person:

Hispanic or Latino ........................................ 7 11 13 14 10 8 6 5 7 5 

Not Hispanic or Latino .................................. 93 89 87 86 90 92 94 95 93 95 

Education of reference person:

Elementary (1-8) .......................................... 4 6 12 9 7 7 3 3 3 2 

High school (9-12) ........................................ 34 44 54 52 48 46 46 36 33 19 

College ......................................................... 62 48 33 39 45 47 52 61 64 80 

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

At least one vehicle owned or leased ............ 92 67 56 77 86 90 94 96 96 98 

Average annual expenditures .......................... $52,461 $25,504 $18,464 $22,177 $27,945 $31,126 $34,637 $39,896 $49,496 $84,697 

Food ............................................................... 6,186 3,061 3,467 3,071 3,631 4,124 4,219 5,178 6,002 8,988 

Food at home ............................................... 3,488 2,111 2,494 2,180 2,484 2,717 2,526 3,014 3,528 4,589 

Cereals and bakery products ..................... 454 266 347 308 324 355 345 404 440 594 

Cereals and cereal products .................... 132 70 144 110 102 108 99 119 125 164 

Bakery products ....................................... 322 196 203 198 222 246 245 285 314 430 

Meats, poultry, fish, and eggs .................... 779 572 579 542 552 642 587 671 792 991 

Beef .......................................................... 212 149 109 137 161 181 158 188 231 266 

Pork .......................................................... 152 151 134 110 142 118 128 126 169 177 

Other meats ............................................. 103 61 64 77 82 87 69 84 114 131 

Poultry ...................................................... 136 91 147 96 77 116 112 112 114 181 

Fish and seafood ..................................... 133 176 101 83 59 104 87 116 125 185 

Eggs ......................................................... 42 43 25 39 32 35 33 45 39 50 

Dairy products ............................................ 377 224 250 230 275 284 284 326 384 496 

Fresh milk and cream .............................. 135 111 94 101 120 110 110 124 140 162 

Other dairy products ................................ 242 113 156 129 155 174 174 202 244 334 

Fruits and vegetables ................................. 648 363 488 342 450 505 441 558 640 878 

Fresh fruits ............................................... 224 119 170 111 153 161 160 175 215 315 

Fresh vegetables ..................................... 213 125 151 114 153 161 126 193 224 285 

Processed fruits ....................................... 110 59 78 58 71 101 76 101 100 148 

Processed vegetables .............................. 101 60 89 58 72 83 79 89 102 130 

See footnotes at end of table.
Table 29. Consumer units with reference person age 55 to 64 by income before taxes: Average annual expenditures and

characteristics, Consumer Expenditure Survey, 2006-2007 — Continued

Item

Total

55-64

years

Less

than

$5,000

$5,000

to

$9,999

$10,000

to

$14,999

$15,000

to

$19,999

$20,000

to

$29,999

$30,000

to

$39,999

$40,000

to

$49,999

$50,000

to

$69,999

$70,000

and

more

Other food at home .................................... $1,229 $687 $829 $757 $884 $932 $870 $1,054 $1,273 $1,630 

Sugar and other sweets ........................... 120 63 77 76 80 89 84 105 113 166 

Fats and oils ............................................. 97 47 66 62 76 86 74 99 94 121 

Miscellaneous foods ................................ 610 338 411 359 433 452 418 503 661 809 

Nonalcoholic beverages ........................... 342 222 251 232 265 277 266 301 342 435 

Food prepared by consumer unit on

out-of-town trips ..................................... 59 117 124 128 130 28 28 46 62 100 

Food away from home ................................. 2,699 950 974 891 1,146 1,407 1,693 2,164 2,474 4,399 

Alcoholic beverages ....................................... 505 232 96 213 197 273 248 397 528 808 

Housing .......................................................... 16,900 10,299 7,633 8,426 10,194 10,918 11,978 13,329 16,249 25,785 

Shelter .......................................................... 9,485 6,349 4,431 4,522 5,611 6,296 6,701 7,114 8,820 14,761 

Owned dwellings ........................................ 6,966 3,743 1,603 2,188 3,171 3,980 4,351 5,054 6,923 11,703 

Mortgage interest and charges ................ 3,347 1,876 648 798 1,182 1,739 2,106 2,299 3,354 5,805 

Property taxes .......................................... 2,024 1,300 547 862 1,052 1,149 1,312 1,490 1,895 3,350 

Maintenance, repairs, insurance, other

expenses ................................................ 1,595 567 408 529 937 1,093 933 1,265 1,674 2,548 

Rented dwellings ........................................ 1,500 2,290 2,562 2,137 2,109 2,056 2,085 1,608 1,173 848 

Other lodging ............................................. 1,019 317 1266 196 330 259 266 451 724 2,210 

Utilities, fuels, and public services ............... 3,698 2,435 1,911 2,524 2,943 2,860 3,264 3,500 3,906 4,721 

Natural gas ................................................. 560 302 280 376 434 382 496 523 591 742 

Electricity .................................................... 1,383 970 772 1,054 1,128 1,124 1,242 1,303 1,391 1,741 

Fuel oil and other fuels ............................... 169 1173 178 111 161 162 138 159 211 185 

Telephone services .................................... 1,126 727 591 714 903 854 1,005 1,075 1,211 1,432 

Water and other public services ................. 461 264 189 270 317 338 383 439 502 619 

Household operations .................................. 897 466 204 275 502 362 389 585 671 1,721 

Personal services ....................................... 190 11 124 133 1125 112 138 142 165 470 

Other household expenses ........................ 707 465 180 242 377 350 351 543 606 1,251 

Housekeeping supplies ................................ 821 361 398 351 360 481 464 669 745 1,288 

Laundry and cleaning supplies .................. 149 70 95 98 100 101 89 154 182 188 

Other household products .......................... 470 193 199 170 160 240 257 330 364 807 

Postage and stationery .............................. 201 98 104 83 100 141 118 185 199 293 

Household furnishings and equipment ......... 2,000 688 689 753 779 919 1,160 1,462 2,107 3,294 

Household textiles ...................................... 186 150 22 31 96 58 107 88 292 288 

Furniture ..................................................... 467 205 128 104 166 287 187 261 472 836 

Floor coverings .......................................... 64 160 147 151 123 123 16 51 21 126 

Major appliances ........................................ 267 125 129 126 156 155 139 242 284 412 

Small appliances, miscellaneous

housewares .............................................. 102 49 53 73 25 44 103 59 128 143 

Miscellaneous household equipment ......... 914 200 309 368 313 352 608 761 910 1,490 

Apparel and services ..................................... 1,898 1,147 754 666 964 960 1,194 1,255 1,826 3,058 

Men and boys .............................................. 406 186 247 69 128 258 213 256 373 678 

Men, 16 and over ....................................... 366 1172 1183 157 101 230 191 233 329 620 

Boys, 2 to 15 .............................................. 40 114 164 12 27 27 22 23 44 58 

Women and girls .......................................... 815 475 274 312 424 392 520 523 827 1,289 

Women, 16 and over .................................. 748 451 224 279 402 344 479 487 761 1,184 

Girls, 2 to 15 ............................................... 67 123 151 133 122 48 41 36 66 105 

Children under 2 .......................................... 61 124 119 145 24 27 41 43 67 94 

Footwear ...................................................... 320 1293 1118 145 165 158 300 192 297 479 

Other apparel products and services ........... 297 169 96 95 224 126 119 241 262 518 

Transportation ................................................ 9,203 4,224 2,514 4,403 4,569 6,724 6,585 7,192 8,626 14,466 

Vehicle purchases (net outlay) ..................... 3,258 11,108 1461 11,686 11,042 2,879 2,337 1,939 2,690 5,522 

Cars and trucks, new ................................. 1,782 1415 184 11,051 1730 1,290 910 687 1,311 3,409 

Cars and trucks, used ................................ 1,428 1693 1378 1635 305 1,589 1,406 1,215 1,370 1,997 

Other vehicles ............................................ 47 4 ( ) 4 ( ) 4 ( ) 17 4 ( ) 120 138 19 116 

Gasoline and motor oil ................................. 2,397 1,237 988 1,179 1,666 1,754 1,935 2,160 2,598 3,327 

See footnotes at end of table.
Table 29. Consumer units with reference person age 55 to 64 by income before taxes: Average annual expenditures and

characteristics, Consumer Expenditure Survey, 2006-2007 — Continued

Item

Total

55-64

years

Less

than

$5,000

$5,000

to

$9,999

$10,000

to

$14,999

$15,000

to

$19,999

$20,000

to

$29,999

$30,000

to

$39,999

$40,000

to

$49,999

$50,000

to

$69,999

$70,000

and

more

Other vehicle expenses ............................... $2,873 $1,509 $898 $1,287 $1,392 $1,901 $2,099 $2,716 $2,804 $4,296 

Vehicle finance charges ............................. 312 109 138 101 141 220 256 298 354 460 

Maintenance and repairs ........................... 842 479 269 403 475 484 607 808 859 1,264 

Vehicle insurance ....................................... 1,134 1530 1472 1596 1516 937 964 11,201 1,081 1,509 

Vehicle rental, leases, licenses, and other

charges .................................................... 584 391 119 187 259 259 272 409 512 1,063 

Public transportation .................................... 674 369 167 250 470 190 214 377 535 1,321 

Healthcare ...................................................... 3,516 1,790 1,227 1,704 2,700 2,683 3,275 3,226 3,817 4,666 

Health insurance .......................................... 1,714 796 570 832 1,330 1,459 1,475 1,658 1,882 2,243 

Medical services .......................................... 930 535 330 364 684 551 1,058 769 970 1,286 

Drugs ........................................................... 716 361 298 445 588 580 662 661 777 906 

Medical supplies .......................................... 156 198 130 63 98 93 80 138 188 232 

Entertainment ................................................. 2,771 1,392 869 1,056 1,708 1,363 1,635 2,294 2,492 4,589 

Fees and admissions ................................... 624 273 123 142 267 176 294 332 500 1,235 

Audio and visual equipment and services .... 931 579 444 525 663 721 793 882 873 1,283 

Pets, toys, hobbies, and playground

equipment .................................................. 651 286 182 342 260 386 447 622 682 956 

Other entertainment supplies, equipment,

and services ............................................... 566 253 1119 47 518 81 101 457 437 1,114 

Personal care products and services ............. 609 222 199 287 336 315 384 455 579 984 

Reading .......................................................... 149 63 54 52 69 76 98 124 136 249 

Education ....................................................... 797 1579 180 220 1150 127 240 364 514 1,755 

Tobacco products and smoking supplies ....... 361 299 370 289 338 392 469 379 426 302 

Miscellaneous ................................................ 1,094 436 392 569 462 626 542 604 1,096 1,892 

Cash contributions ......................................... 2,509 1,106 392 693 1,653 861 1,253 1,511 1,848 4,864 

Personal insurance and pensions .................. 5,963 655 416 528 973 1,685 2,520 3,587 5,358 12,292 

Life and other personal insurance ................ 460 119 120 145 217 288 242 310 417 813 

Pensions and Social Security ...................... 5,503 537 296 383 757 1,397 2,278 3,277 4,941 11,479 

Sources of income and personal taxes: 

Money income before taxes ........................... 67,780 -2,643 8,340 12,385 17,287 24,862 34,604 44,896 59,598 133,893 

Wages and salaries ..................................... 51,061 2,244 2,022 3,538 7,341 13,828 22,584 31,532 45,521 105,905 

Self-employment income ............................. 4,419 1-6,446 1-556 1109 266 875 1,259 1,705 2,410 11,329 

Social Security, private and government

retirement ................................................... 8,893 681 4,366 7,090 8,000 8,405 9,026 9,983 9,148 10,352 

Interest, dividends, rental income, other

property income ......................................... 2,350 55 295 376 424 680 1,104 869 1,576 5,191 

Unemployment and workers’ compensation,

veterans’ benefits ....................................... 246 132 1211 1233 1294 278 152 328 362 205 

Public assistance, supplemental security

income, food stamps .................................. 338 542 1,651 822 701 441 245 188 314 64 

Regular contributions for support ................. 355 163 189 1143 1201 1233 1126 1199 1147 729 

Other income ............................................... 118 1186 1262 174 160 1122 1107 191 120 118 

Personal taxes ............................................... 3,304 525 248 -28 267 586 787 1,050 2,375 7,751 

Federal income taxes ................................... 2,417 302 111 -173 36 317 437 626 1,614 5,916 

State and local income taxes ....................... 603 105 69 10 60 116 181 209 445 1,382 

Other taxes .................................................. 284 117 68 135 171 153 169 215 316 453 

Income after taxes ......................................... 64,476 -3,168 8,092 12,413 17,020 24,276 33,817 43,846 57,223 126,142 

See footnotes at end of table.
Table 29. Consumer units with reference person age 55 to 64 by income before taxes: Average annual expenditures and

characteristics, Consumer Expenditure Survey, 2006-2007 — Continued

Item

Total

55-64

years

Less

than

$5,000

$5,000

to

$9,999

$10,000

to

$14,999

$15,000

to

$19,999

$20,000

to

$29,999

$30,000

to

$39,999

$40,000

to

$49,999

$50,000

to

$69,999

$70,000

and

more

Addenda:

Net change in total assets and liabilities ........ - $3,831 - $5,523 $4,610 - $4,359 - $813 - $3,213 - $4,366 - $3,969 - $2,069 - $6,037 

Net change in total assets ............................ 7,452 2,064 5,435 -2,316 -1,645 403 2,861 2,319 9,334 15,593 

Net change in total liabilities ........................ 11,283 7,587 825 2,043 -832 3,616 7,227 6,288 11,403 21,630 

Other financial information:

Other money receipts ................................... 1,153 1267 168 1555 11,439 753 1,615 882 986 1,567 

Mortgage principal paid on owned property -2,626 -1,388 -338 -623 -682 -1,062 -1,291 -1,607 -2,358 -5,023 

Estimated market value of owned home ...... 231,942 133,403 71,304 98,034 114,627 132,851 142,890 159,129 214,883 391,790 

Estimated monthly rental value of owned

home .......................................................... 1,064 652 378 535 632 686 746 859 1,067 1,625 

Gifts of goods and services ............................ 1,735 842 383 391 762 569 844 948 1,324 3,372 

Food ............................................................. 189 184 87 139 88 51 83 82 116 387 

Alcoholic beverages ..................................... 15 11 3 ( ) 3 ( ) 13 11 6 115 19 26 

Housing ........................................................ 320 225 59 53 130 119 148 276 251 587 

Housekeeping supplies .............................. 38 133 112 16 127 115 27 36 44 53 

Household textiles ...................................... 23 4 ( ) 12 11 133 18 120 12 55 22 

Appliances and miscellaneous

housewares .............................................. 37 138 17 116 11 119 140 114 24 67 

Major appliances ...................................... 19 131 4 ( ) 13 3 ( ) 110 17 19 19 39 

Small appliances and miscellaneous

housewares ............................................ 18 16 17 113 11 19 133 15 14 28 

Miscellaneous household equipment ......... 53 19 114 112 19 129 110 50 53 93 

Other housing ............................................ 169 1146 125 119 160 48 52 164 75 352 

Apparel and services ................................... 336 107 139 88 144 142 148 161 366 577 

Males, 2 and over ...................................... 85 122 140 18 49 58 27 34 77 151 

Females, 2 and over .................................. 127 127 176 133 68 30 44 58 133 226 

Children under 2 ........................................ 56 123 116 36 18 24 40 35 65 87 

Other apparel products and services ......... 68 134 17 112 19 130 36 134 91 113 

Jewelry and watches ................................ 26 125 13 14 16 110 14 121 35 43 

All other apparel products and services ... 43 110 13 18 12 120 132 112 56 70 

Transportation .............................................. 135 49 59 128 56 15 94 43 96 266 

Health care ................................................... 42 12 15 15 130 134 1102 131 125 54 

Entertainment ............................................... 123 115 14 119 1101 75 51 96 119 206 

Toys, games, arts and crafts, and tricycles 41 19 4 ( ) 18 17 119 19 143 161 63 

Other entertainment ................................... 81 15 14 112 194 55 42 53 58 144 

Personal care products and services ........... 19 4 ( ) 4 ( ) 16 19 11 14 8 16 39 

Reading ........................................................ 1 3 ( ) 3 ( ) 3 ( ) 12 11 3 ( ) 2 1 2 

Education ..................................................... 407 1354 115 128 153 157 119 171 171 964 

All other gifts ................................................ 147 16 115 25 147 74 90 63 144 264 

1 Data are likely to have large sampling errors. 2 Value is less than or equal to 0.05. 3 Value is less than or equal to 0.5.4 No data reported.

n.a. Not applicable.