Table 3254. Consumer units with reference person age 65 and over by income before taxes: Average annual expenditures and characteristics, 

Consumer Expenditure Surveys, 2021-2022

Item

Total

65 years

and older

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................................................... 36,500 4,583 10,085 4,751 3,458 4,675 3,659 5,290 

Consumer unit characteristics:

 Income before taxes ................................................................................... $57,880 $8,632 $22,114 $34,756 $44,781 $58,786 $83,642 $179,454 

 Income after taxes ...................................................................................... 55,046 10,153 23,710 36,962 46,174 58,692 81,084 154,497 

 Age of reference person............................................................................. 74.2 75.1 76.2 74.2 74.3 72.9 72.6 71.6 

 Average number in consumer unit:

 People ..................................................................................................... 1.7 1.2 1.3 1.7 1.8 1.9 2.1 2.3 

 Children under 18.................................................................................... .1 ( 2 ) ( 2 ) ( 2 ) ( 2 ) .1 .1 .1 

 Adults 65 and older ................................................................................. 1.4 1.1 1.2 1.5 1.5 1.5 1.6 1.6 

 Earners .................................................................................................... .5 .1 .1 .3 .4 .7 .9 1.3 

 Vehicles ................................................................................................... 1.7 .8 1.2 1.7 1.8 2.0 2.4 2.6 

Percent distribution:

 Reference person:

 Men.......................................................................................................... 46 36 37 46 51 51 55 59 

 Women .................................................................................................... 54 64 63 54 49 49 45 41 

 Housing tenure:

 Homeowner............................................................................................. 77 51 67 83 84 87 90 94 

 With mortgage...................................................................................... 25 11 17 23 26 32 35 43 

 Without mortgage................................................................................. 52 40 51 60 58 55 55 50 

 Renter...................................................................................................... 23 49 33 17 16 13 10 6 

 Race of reference person:

 Black or African-American....................................................................... 11 18 12 8 9 9 11 5 

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

 African-American.................................................................................. 89 82 88 92 91 91 89 95 

 Hispanic or Latino origin of reference person:

 Hispanic or Latino.................................................................................... 7 12 8 7 6 5 5 4 

 Not Hispanic or Latino............................................................................. 93 88 92 93 94 95 95 96 

 Education of reference person:

 Elementary (1-8)...................................................................................... 3 10 4 3 1 1 1 ( 2 ) 

 High school (9-12)................................................................................... 32 43 42 36 30 25 24 12 

 College .................................................................................................... 65 46 54 61 69 73 75 88 

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

 At least one vehicle owned or leased......................................................... 88 61 83 93 95 96 96 98 

Average annual expenditures........................................................................ $55,064 $27,074 $36,583 $46,732 $52,624 $59,599 $71,506 $106,150 

 Food............................................................................................................ 6,905 3,868 4,537 5,638 6,632 7,670 8,955 12,186 

 Food at home .......................................................................................... 4,648 3,005 3,353 3,793 4,564 5,161 5,918 7,397 

 Cereals and bakery products ............................................................... 600 374 450 493 574 651 806 920 

 Cereals and cereal products............................................................. 163 107 116 139 152 167 222 262 

 Bakery products................................................................................ 437 267 333 354 422 484 584 658 

 Meats, poultry, fish, and eggs.............................................................. 977 688 667 748 1,016 1,147 1,222 1,558 

 Beef................................................................................................... 251 226 152 169 235 333 299 414 

 Pork................................................................................................... 213 131 146 174 248 268 273 303 

 Other meats ...................................................................................... 133 64 87 108 138 146 179 229 

 Poultry............................................................................................... 155 114 120 104 163 171 189 240 

 Fish and seafood .............................................................................. 166 109 114 139 167 168 207 280 

 Eggs.................................................................................................. 61 43 48 53 65 60 75 92 

 Dairy products ...................................................................................... 466 280 338 397 475 517 586 728 

 Fresh milk and cream ....................................................................... 139 101 106 119 148 139 177 205 

 Other dairy products ......................................................................... 327 180 232 279 326 377 409 523 

 Fruits and vegetables........................................................................... 914 574 661 734 858 958 1,158 1,541 

 Fresh fruits ........................................................................................ 345 231 243 269 320 347 452 596 

 Fresh vegetables .............................................................................. 289 179 209 225 274 310 355 500 

 Processed fruits ................................................................................ 121 67 88 114 113 125 154 196 

 Processed vegetables ...................................................................... 158 97 121 126 151 176 197 249 

 Other food at home .............................................................................. 1,691 1,090 1,237 1,421 1,641 1,889 2,146 2,650 

 Sugar and other sweets.................................................................... 179 100 140 147 190 190 234 268 

 Fats and oils...................................................................................... 121 84 92 106 120 137 140 184 

 Miscellaneous foods ......................................................................... 880 585 665 708 808 989 1,101 1,383 

See footnotes at end of table.
Table 3254. Consumer units with reference person age 65 and over by income before taxes: Average annual expenditures and characteristics, 

Consumer Expenditure Surveys, 2021-2022 — Continued

Item

Total

65 years

and older

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 ................................................................... 451 313 320 409 461 489 591 664 

 Food prepared by consumer unit on out of town trips...................... 59 38 19 50 62 84 80 151 

 Food away from home ............................................................................ 2,257 863 1,184 1,845 2,068 2,509 3,038 4,789 

 Alcoholic beverages ................................................................................... 493 179 249 342 434 506 529 1,275 

 Housing....................................................................................................... 19,628 11,476 14,169 17,441 19,932 21,234 24,648 33,614 

 Shelter ..................................................................................................... 11,048 6,946 8,347 9,345 11,418 11,719 13,070 19,047 

 Owned dwellings .................................................................................. 7,200 2,651 4,277 6,308 7,728 8,523 9,517 14,396 

 Mortgage interest and charges......................................................... 1,479 426 753 1,176 1,737 1,861 2,051 3,143 

 Property taxes................................................................................... 2,599 1,042 1,541 2,370 2,706 3,042 3,226 5,275 

 Maintenance, repairs, insurance, and other expenses .................... 3,122 1,183 1,982 2,762 3,284 3,620 4,241 5,978 

 Rented dwellings.................................................................................. 2,892 4,082 3,758 2,407 2,823 2,120 2,220 1,838 

 Other lodging........................................................................................ 957 212 313 631 868 1,076 1,333 2,813 

 Utilities, fuels, and public services .......................................................... 4,080 2,497 3,112 4,018 4,322 4,592 5,034 6,084 

 Natural gas........................................................................................... 498 299 393 470 525 559 608 749 

 Electricity.............................................................................................. 1,533 1,095 1,244 1,569 1,597 1,644 1,805 2,106 

 Fuel oil and other fuels......................................................................... 182 48 118 184 160 237 233 347 

 Telephone services.............................................................................. 1,140 650 803 1,047 1,222 1,316 1,549 1,800 

 Residential phone service, VOIP, and phone cards......................... 290 207 265 257 310 307 336 384 

 Cellular phone service ...................................................................... 850 444 538 790 912 1,009 1,214 1,416 

 Water and other public services .......................................................... 726 404 553 749 818 835 839 1,082 

 Household operations ............................................................................. 1,511 671 1,030 1,464 1,505 1,654 1,857 2,825 

 Personal services................................................................................. 109 344 380 391 3160 347 3162 3220 

 Other household expenses .................................................................. 1,402 627 950 1,374 1,345 1,607 1,695 2,605 

 Housekeeping supplies ........................................................................... 803 455 559 624 829 918 1,118 1,266 

 Laundry and cleaning supplies ............................................................ 161 107 130 159 166 163 223 199 

 Other household products.................................................................... 507 283 334 340 487 613 683 888 

 Postage and stationery ........................................................................ 136 64 94 125 176 142 213 179 

 Household furnishings and equipment.................................................... 2,186 907 1,121 1,990 1,858 2,352 3,569 4,391 

 Household textiles................................................................................ 117 45 67 97 128 110 187 215 

 Furniture............................................................................................... 517 170 272 502 461 432 602 1,348 

 Floor coverings..................................................................................... 24 5 18 19 34 31 25 44 

 Major appliances .................................................................................. 373 133 247 338 305 395 343 896 

 Small appliances and miscellaneous housewares .............................. 129 49 80 122 143 138 188 220 

 Miscellaneous household equipment................................................... 1,026 503 437 913 787 1,245 2,224 1,668 

 Apparel and services.................................................................................. 1,058 686 546 686 1,039 1,093 1,332 2,314 

 Men and boys.......................................................................................... 238 79 123 93 204 222 367 608 

 Men, 16 and over ................................................................................. 218 79 111 85 192 216 334 544 

 Boys, 2 to 15 ........................................................................................ 20 31 311 38 312 36 333 64 

 Women and girls ..................................................................................... 454 389 258 345 430 490 481 890 

 Women, 16 and over............................................................................ 436 388 248 336 403 462 460 854 

 Girls, 2 to 15......................................................................................... 18 31 310 39 327 328 321 37 

 Children under 2...................................................................................... 10 34 36 39 38 37 37 29 

 Footwear.................................................................................................. 206 133 85 154 257 219 199 467 

 Other apparel products and services ...................................................... 150 80 74 84 141 155 279 319 

 Transportation ............................................................................................ 7,678 3,021 4,756 7,518 7,573 9,643 10,503 13,785 

 Vehicle purchases (net outlay)................................................................ 2,712 3783 1,602 3,052 2,306 3,864 3,999 4,553 

 Cars and trucks, new ........................................................................... 1,435 3175 692 1,607 1,310 2,201 2,306 2,595 

 Cars and trucks, used .......................................................................... 1,271 609 902 1,445 997 1,663 1,670 1,946 

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

36 ( 4

 ) 39 ( 4 ) ( 4 ) ( 4 ) 322 313 

 Gasoline, other fuels, and motor oil ........................................................ 1,704 786 1,081 1,665 1,857 2,081 2,329 2,859 

 Other vehicle expenses........................................................................... 2,825 1,291 1,887 2,501 3,019 3,253 3,783 5,042 

 Vehicle finance charges....................................................................... 129 45 72 102 166 148 202 243 

 Maintenance and repairs ..................................................................... 875 392 572 795 980 948 1,127 1,613 

 Vehicle rental, leases, licenses, and other charges ............................ 621 201 323 479 618 748 875 1,392 

 Vehicle insurance................................................................................. 1,200 653 919 1,126 1,254 1,409 1,579 1,794 

 Public and other transportation ............................................................... 437 161 186 299 391 445 393 1,332 

 Healthcare .................................................................................................. 7,288 4,123 5,573 7,298 7,382 8,214 9,200 11,003 

 Health insurance ..................................................................................... 5,128 3,200 3,871 5,249 5,460 5,858 6,246 7,450 

 Medical services...................................................................................... 1,110 493 907 1,053 871 1,161 1,384 2,003 

 Drugs ....................................................................................................... 785 317 608 731 746 945 1,157 1,129 

 Medical supplies...................................................................................... 266 113 188 266 305 249 412 421 

 Entertainment ............................................................................................. 2,780 1,166 1,580 2,353 2,691 3,198 4,615 5,093 

 Fees and admissions .............................................................................. 449 80 162 252 354 549 536 1,386 

 Audio and visual equipment and services .............................................. 1,026 599 769 1,043 1,025 1,149 1,243 1,605 

 Pets, toys, hobbies, and playground equipment..................................... 801 343 400 812 896 870 1,467 1,232 

See footnotes at end of table.
Table 3254. Consumer units with reference person age 65 and over by income before taxes: Average annual expenditures and characteristics, 

Consumer Expenditure Surveys, 2021-2022 — Continued

Item

Total

65 years

and older

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 ...................................................................................................... 677 314 327 659 800 732 1,256 1,036 

 Toys, hobbies, and playground equipment.......................................... 124 329 73 153 97 138 211 196 

 Other entertainment supplies, equipment, and services ........................ 504 146 248 246 415 630 1,369 869 

 Personal care products and services ......................................................... 667 319 410 560 723 776 848 1,244 

 Reading ...................................................................................................... 145 43 117 85 152 163 212 252 

 Education.................................................................................................... 327 43 70 202 433 400 401 982 

 Tobacco products and smoking supplies................................................... 240 187 243 288 247 228 316 194 

 Miscellaneous............................................................................................. 882 411 692 713 876 803 1,006 1,772 

 Cash contributions...................................................................................... 3,899 1,261 3,160 2,573 3,014 3,187 4,011 9,917 

 Personal insurance and pensions .............................................................. 3,072 290 481 1,035 1,496 2,484 4,930 12,519 

 Life and other personal insurance........................................................... 506 186 270 491 481 474 701 1,159 

 Pensions and Social Security ................................................................. 2,566 104 211 544 1,015 2,010 4,229 11,360 

Sources of income and personal taxes:

 Income before taxes ................................................................................... $57,880 $8,632 $22,114 $34,756 $44,781 $58,786 $83,642 $179,454 

 Wages and salaries................................................................................. 20,408 421 1,567 4,721 9,044 16,642 32,048 90,442 

 Self-employment income......................................................................... 3,175 3

-499 112 399 791 1,765 2,919 17,674 

 Social Security, private and government retirement............................... 29,316 7,146 19,352 27,691 32,297 36,387 42,239 51,843 

 Interest, dividends, rental income, and other property income............... 3,704 196 386 1,063 1,770 2,792 4,904 16,681 

 Public assistance, Supplemental Security Income, Supplementary

 Nutrition Assistance Program (SNAP)................................................. 375 972 414 289 244 252 195 180 

 Unemployment and workers' compensation, veterans' benefits,

 and regular contributions for support................................................... 713 88 183 521 583 829 1,174 2,099 

 Other income........................................................................................... 190 309 101 372 352 119 3163 535 

 Personal taxes (contains some imputed values) ....................................... 2,834 -1,521 -1,596 -2,205 -1,393 95 2,558 24,956 

 Federal income taxes.............................................................................. 2,911 -619 -590 -910 -542 582 2,891 20,404 

 Stimulus payment (new UCC Q20202)#................................................. -1,004 -791 -914 -1,276 -1,043 -1,021 -1,349 -837 

 State and local income taxes .................................................................. 861 -124 -128 -80 83 433 942 5,276 

 Other taxes.............................................................................................. 66 313 36 60 109 101 74 114 

 Income after taxes ...................................................................................... 55,046 10,153 23,710 36,962 46,174 58,692 81,084 154,497 

Addenda:

 Net change in total assets and liabilities .................................................... $5,900 $1,963 $2,079 $6,087 -$3,234 $7,349 -$5,444 $28,963 

 Net change in total assets....................................................................... 10,637 2,439 4,457 9,279 1,664 13,366 7,244 36,540 

 Net change in total liabilities.................................................................... 4,737 475 2,378 3,192 4,898 6,017 12,688 7,577 

 Other financial information:

 Other money receipts.............................................................................. 857 3102 539 549 669 1,370 520 2,294 

 Mortgage principal paid on owned property............................................ -1,907 -536 -859 -1,130 -2,278 -2,186 -2,682 -4,767 

 Estimated market value of owned home................................................. 301,311 146,880 190,093 277,479 293,812 364,262 376,887 565,559 

 Estimated monthly rental value of owned home..................................... 1,501 799 1,056 1,462 1,529 1,769 1,834 2,508 

1

 Data are rounded to the nearest thousands.

2

 Value is too small to display.

3

 Data are likely to have large sampling errors.

4

 No data reported.

# 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