Political Factoid
The budget of the average American household 1 |
|
Earnings (before taxes) |
$62,857 |
This requires 1.3 wage earners |
Expenditures (after taxes, of course) |
$49,067 |
78% of income |
Category |
Dollars |
Percentage |
- |
Food |
$6,372 |
13.0% |
- |
Housing |
$16,895 |
34.4% |
- |
Apparel & Services |
$1,7252 |
3.5% |
- |
Transportation |
$7,658 |
15.6% |
- |
Health Care |
$3,126 |
6.4% |
- |
Entertainment |
$2,6932 |
5.9% |
- |
Insurance Premiums |
$5,471 |
11.1% |
- |
Misc. |
$5,187 |
10.6% |
Total expenditures |
$49,067 |
- |
Notes:
1 |
- |
2009 data |
2 |
- |
Almost twice as much spent on entertainment as for clothing |
|
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