Table 3244. Consumer units with reference person age 55 to 64 by income before taxes: Average annual expenditures and characteristics, Consumer 

Expenditure Surveys, 2021-2022

Item

Total

55-64

years

Less

than

$15,000

$15,000

to

$29,999

$30,000

to

$39,999

$40,000

to

$49,999

$50,000

to

$69,999

$70,000

to

$99,999

$100,000

and

more

Number of consumer units (in thousands)1................................................... 24,592 3,048 2,928 1,752 1,589 2,790 3,402 9,083 

Consumer unit characteristics:

 Income before taxes ................................................................................... $102,124 $6,914 $22,363 $35,064 $44,691 $59,845 $84,383 $202,405 

 Income after taxes ...................................................................................... 87,938 8,724 24,344 35,561 43,727 57,112 78,453 165,882 

 Age of reference person............................................................................. 59.6 59.9 60.3 60.1 59.6 59.5 59.6 59.3 

 Average number in consumer unit:

 People ..................................................................................................... 2.2 1.5 1.7 1.9 1.9 2.0 2.4 2.7 

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

 Adults 65 and older ................................................................................. .1 .1 .1 .1 .1 .1 .2 .1 

 Earners .................................................................................................... 1.4 .3 .7 1.0 1.1 1.4 1.6 2.1 

 Vehicles ................................................................................................... 2.1 1.2 1.5 1.7 1.7 2.0 2.3 2.9 

Percent distribution:

 Reference person:

 Men.......................................................................................................... 48 41 43 40 42 45 50 54 

 Women .................................................................................................... 52 59 57 60 58 55 50 46 

 Housing tenure:

 Homeowner............................................................................................. 75 49 60 63 69 73 82 91 

 With mortgage...................................................................................... 42 15 22 32 32 40 49 60 

 Without mortgage................................................................................. 33 33 38 32 37 33 32 31 

 Renter...................................................................................................... 25 51 40 37 31 27 18 9 

 Race of reference person:

 Black or African-American....................................................................... 14 22 15 20 17 15 13 9 

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

 African-American.................................................................................. 86 78 85 80 83 85 87 91 

 Hispanic or Latino origin of reference person:

 Hispanic or Latino.................................................................................... 12 13 17 14 17 14 15 8 

 Not Hispanic or Latino............................................................................. 88 87 83 86 83 86 85 92 

 Education of reference person:

 Elementary (1-8)...................................................................................... 3 6 6 3 2 2 3 1 

 High school (9-12)................................................................................... 30 54 44 38 37 34 25 16 

 College .................................................................................................... 67 40 50 58 60 64 71 83 

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

 At least one vehicle owned or leased......................................................... 91 68 83 92 92 96 97 97 

Average annual expenditures........................................................................ $74,375 $31,031 $35,820 $46,357 $48,056 $57,041 $66,762 $119,471 

 Food............................................................................................................ 9,098 5,221 5,149 6,897 7,006 7,558 8,207 13,236 

 Food at home .......................................................................................... 5,749 4,028 3,650 4,904 4,952 5,070 5,466 7,595 

 Cereals and bakery products ............................................................... 689 468 440 573 597 579 661 923 

 Cereals and cereal products............................................................. 199 147 124 167 167 154 190 268 

 Bakery products................................................................................ 490 321 315 406 431 426 471 655 

 Meats, poultry, fish, and eggs.............................................................. 1,274 918 873 1,135 1,036 1,254 1,241 1,602 

 Beef................................................................................................... 348 257 232 292 251 367 381 422 

 Pork................................................................................................... 237 166 140 269 216 256 250 277 

 Other meats ...................................................................................... 186 136 142 132 175 176 174 237 

 Poultry............................................................................................... 223 131 173 210 203 208 211 286 

 Fish and seafood .............................................................................. 202 161 119 163 131 162 157 291 

 Eggs.................................................................................................. 77 67 67 69 60 83 68 90 

 Dairy products ...................................................................................... 527 352 358 474 436 448 491 703 

 Fresh milk and cream ....................................................................... 166 116 125 181 123 150 148 212 

 Other dairy products ......................................................................... 361 235 233 294 313 298 343 491 

 Fruits and vegetables........................................................................... 1,076 715 612 1,025 863 960 1,005 1,450 

 Fresh fruits ........................................................................................ 399 272 229 382 286 354 357 546 

 Fresh vegetables .............................................................................. 338 237 166 313 252 316 324 456 

 Processed fruits ................................................................................ 137 77 83 146 143 121 122 182 

 Processed vegetables ...................................................................... 202 129 134 185 183 169 203 265 

 Other food at home .............................................................................. 2,184 1,575 1,367 1,696 2,019 1,829 2,067 2,917 

 Sugar and other sweets.................................................................... 199 143 106 130 167 145 199 281 

 Fats and oils...................................................................................... 153 120 92 136 118 143 142 198 

 Miscellaneous foods ......................................................................... 1,133 829 668 889 1,001 961 1,050 1,534 

See footnotes at end of table.
Table 3244. Consumer units with reference person age 55 to 64 by income before taxes: Average annual expenditures and characteristics, Consumer 

Expenditure Surveys, 2021-2022 — Continued

Item

Total

55-64

years

Less

than

$15,000

$15,000

to

$29,999

$30,000

to

$39,999

$40,000

to

$49,999

$50,000

to

$69,999

$70,000

to

$99,999

$100,000

and

more

 Nonalcoholic beverages ................................................................... 605 445 456 492 644 513 610 747 

 Food prepared by consumer unit on out of town trips...................... 94 39 45 49 489 66 67 158 

 Food away from home ............................................................................ 3,348 1,193 1,500 1,993 2,054 2,488 2,742 5,640 

 Alcoholic beverages ................................................................................... 697 204 330 451 307 428 621 1,207 

 Housing....................................................................................................... 23,570 12,870 13,635 16,633 17,112 18,737 22,027 34,890 

 Shelter ..................................................................................................... 13,541 7,362 7,636 9,144 9,820 10,686 12,110 20,430 

 Owned dwellings .................................................................................. 9,033 3,106 3,611 4,707 5,551 6,616 8,207 15,266 

 Mortgage interest and charges......................................................... 3,159 955 932 1,678 1,708 2,089 2,949 5,564 

 Property taxes................................................................................... 3,106 1,188 1,266 1,681 1,841 2,074 2,794 5,273 

 Maintenance, repairs, insurance, and other expenses .................... 2,768 963 1,413 1,348 2,002 2,454 2,465 4,428 

 Rented dwellings.................................................................................. 3,022 3,827 3,637 4,171 3,868 3,577 3,095 1,986 

 Other lodging........................................................................................ 1,486 429 389 266 401 493 808 3,178 

 Utilities, fuels, and public services .......................................................... 4,832 2,982 3,420 3,838 3,817 4,238 4,904 6,434 

 Natural gas........................................................................................... 563 313 355 399 463 488 584 777 

 Electricity.............................................................................................. 1,752 1,311 1,424 1,541 1,487 1,596 1,721 2,151 

 Fuel oil and other fuels......................................................................... 179 81 92 89 456 101 181 303 

 Telephone services.............................................................................. 1,560 857 1,035 1,191 1,228 1,379 1,601 2,134 

 Residential phone service, VOIP, and phone cards......................... 186 129 146 141 142 143 194 244 

 Cellular phone service ...................................................................... 1,374 729 889 1,049 1,085 1,236 1,407 1,890 

 Water and other public services .......................................................... 779 419 513 619 583 674 816 1,069 

 Household operations ............................................................................. 1,465 798 735 947 1,022 1,041 1,474 2,226 

 Personal services................................................................................. 64 460 444 423 419 421 4106 485 

 Other household expenses .................................................................. 1,400 738 691 924 1,002 1,020 1,368 2,141 

 Housekeeping supplies ........................................................................... 935 510 627 672 706 784 795 1,365 

 Laundry and cleaning supplies ............................................................ 191 145 180 221 203 252 142 200 

 Other household products.................................................................... 605 284 290 350 413 402 569 971 

 Postage and stationery ........................................................................ 139 81 158 101 90 130 85 194 

 Household furnishings and equipment.................................................... 2,797 1,218 1,216 2,032 1,748 1,988 2,744 4,434 

 Household textiles................................................................................ 148 143 68 119 118 89 68 237 

 Furniture............................................................................................... 697 304 202 594 387 355 604 1,201 

 Floor coverings..................................................................................... 40 20 11 420 49 30 28 72 

 Major appliances .................................................................................. 520 239 243 338 224 441 515 818 

 Small appliances and miscellaneous housewares .............................. 146 72 77 101 131 150 238 168 

 Miscellaneous household equipment................................................... 1,246 440 615 860 878 924 1,291 1,937 

 Apparel and services.................................................................................. 1,785 787 1,023 1,060 1,419 1,393 1,605 2,750 

 Men and boys.......................................................................................... 375 178 223 424 156 448 408 479 

 Men, 16 and over ................................................................................. 329 150 172 412 117 399 342 430 

 Boys, 2 to 15 ........................................................................................ 46 428 451 412 438 49 66 49 

 Women and girls ..................................................................................... 687 391 435 285 578 590 629 1,012 

 Women, 16 and over............................................................................ 641 364 424 282 564 564 563 937 

 Girls, 2 to 15......................................................................................... 46 427 411 43 414 426 466 75 

 Children under 2...................................................................................... 26 414 422 411 472 43 418 37 

 Footwear.................................................................................................. 357 106 182 235 394 226 367 553 

 Other apparel products and services ...................................................... 339 98 161 104 219 126 182 669 

 Transportation ............................................................................................ 12,265 4,899 7,018 8,997 8,955 10,604 11,446 18,452 

 Vehicle purchases (net outlay)................................................................ 4,794 1,470 2,758 3,368 43,437 3,706 4,085 7,677 

 Cars and trucks, new ........................................................................... 2,377 456 41,243 4813 41,800 41,308 41,648 4,525 

 Cars and trucks, used .......................................................................... 2,347 1,237 1,292 2,555 1,637 2,398 2,438 3,094 

 Other vehicles ...................................................................................... 70 4178 4223 ( 3 ) ( 3 ) ( 3 ) ( 3 ) 58 

 Gasoline, other fuels, and motor oil ........................................................ 2,850 1,478 1,753 2,244 2,297 2,767 2,990 3,850 

 Other vehicle expenses........................................................................... 3,994 1,730 2,290 3,057 2,921 3,764 3,870 5,785 

 Vehicle finance charges....................................................................... 303 95 149 244 226 276 292 460 

 Maintenance and repairs ..................................................................... 1,218 622 720 998 744 1,142 1,145 1,749 

 Vehicle rental, leases, licenses, and other charges ............................ 781 267 348 385 549 682 681 1,277 

 Vehicle insurance................................................................................. 1,693 746 1,073 1,430 1,402 1,663 1,752 2,299 

 Public and other transportation ............................................................... 627 220 217 327 299 367 500 1,139 

 Healthcare .................................................................................................. 6,394 2,999 3,502 4,273 4,373 6,749 6,658 9,023 

 Health insurance ..................................................................................... 4,120 1,902 2,359 2,741 3,044 3,682 4,304 5,951 

 Medical services...................................................................................... 1,309 714 634 687 643 1,010 1,538 1,970 

 Drugs ....................................................................................................... 752 278 426 577 514 1,864 635 794 

 Medical supplies...................................................................................... 213 105 83 268 172 193 181 308 

 Entertainment ............................................................................................. 3,698 1,505 1,673 2,313 1,973 2,507 3,548 6,063 

 Fees and admissions .............................................................................. 612 163 137 193 229 226 416 1,255 

 Audio and visual equipment and services .............................................. 1,142 641 723 898 915 904 1,108 1,618 

 Pets, toys, hobbies, and playground equipment..................................... 979 504 668 496 608 786 1,233 1,355 

See footnotes at end of table.
Table 3244. Consumer units with reference person age 55 to 64 by income before taxes: Average annual expenditures and characteristics, Consumer 

Expenditure Surveys, 2021-2022 — Continued

Item

Total

55-64

years

Less

than

$15,000

$15,000

to

$29,999

$30,000

to

$39,999

$40,000

to

$49,999

$50,000

to

$69,999

$70,000

to

$99,999

$100,000

and

more

 Pets ...................................................................................................... 832 441 616 413 514 684 1,087 1,115 

 Toys, hobbies, and playground equipment.......................................... 147 463 452 483 494 102 146 241 

 Other entertainment supplies, equipment, and services ........................ 966 196 144 726 221 591 792 1,835 

 Personal care products and services ......................................................... 853 352 379 601 587 567 904 1,338 

 Reading ...................................................................................................... 112 43 34 50 53 47 114 202 

 Education.................................................................................................... 1,496 121 112 184 4149 564 413 3,585 

 Tobacco products and smoking supplies................................................... 505 619 554 685 524 493 562 394 

 Miscellaneous............................................................................................. 1,064 543 430 558 623 922 1,042 1,669 

 Cash contributions...................................................................................... 2,974 490 746 992 1,266 1,032 1,458 6,372 

 Personal insurance and pensions .............................................................. 9,863 379 1,236 2,664 3,709 5,440 8,155 20,292 

 Life and other personal insurance........................................................... 685 200 224 294 382 393 615 1,241 

 Pensions and Social Security ................................................................. 9,178 178 1,013 2,370 3,327 5,047 7,539 19,050 

Sources of income and personal taxes:

 Income before taxes ................................................................................... $102,124 $6,914 $22,363 $35,064 $44,691 $59,845 $84,383 $202,405 

 Wages and salaries................................................................................. 80,224 1,504 9,229 22,180 32,613 47,106 66,704 164,291 

 Self-employment income......................................................................... 8,968 66 1,011 1,969 1,902 3,422 4,375 20,531 

 Social Security, private and government retirement............................... 7,490 2,642 9,188 8,460 7,871 7,003 9,143 7,847 

 Interest, dividends, rental income, and other property income............... 3,315 293 500 357 745 504 2,030 7,603 

 Public assistance, Supplemental Security Income, Supplementary

 Nutrition Assistance Program (SNAP)................................................. 738 1,824 1,474 758 671 777 543 206 

 Unemployment and workers' compensation, veterans' benefits,

 and regular contributions for support................................................... 1,128 350 744 1,161 4785 902 1,491 1,499 

 Other income........................................................................................... 261 4235 218 4179 4104 4130 97 427 

 Personal taxes (contains some imputed values) ....................................... 14,186 -1,811 -1,981 -496 964 2,733 5,930 36,522 

 Federal income taxes.............................................................................. 11,872 -906 -869 221 1,205 2,594 5,280 29,701 

 Stimulus payment (new UCC Q20202)#................................................. -1,096 -851 -1,146 -1,340 -1,008 -1,133 -1,521 -960 

 State and local income taxes .................................................................. 3,317 -82 23 473 753 1,207 2,109 7,618 

 Other taxes.............................................................................................. 93 428 411 4149 414 465 62 163 

 Income after taxes ...................................................................................... 87,938 8,724 24,344 35,561 43,727 57,112 78,453 165,882 

Addenda:

 Net change in total assets and liabilities .................................................... $23,788 $3,500 $10,850 $2,408 -$1,415 $6,584 $2,475 $56,571 

 Net change in total assets....................................................................... 38,008 4,668 14,611 6,244 3,284 11,738 21,657 83,138 

 Net change in total liabilities.................................................................... 14,220 1,168 3,761 3,836 4,699 5,154 19,182 26,567 

 Other financial information:

 Other money receipts.............................................................................. 1,853 4524 4523 41,688 41,804 4115 1,809 3,318 

 Mortgage principal paid on owned property............................................ -3,212 -790 -921 -1,260 -1,426 -2,090 -2,766 -5,964 

 Estimated market value of owned home................................................. 321,198 141,809 136,886 165,135 181,980 215,116 301,385 535,285 

 Estimated monthly rental value of owned home..................................... 1,581 756 845 961 1,063 1,224 1,527 2,435 

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, 2023