TABLE20: AGE OF REFERENCE PERSON AND INCOME BEFORE TAXES, AGE 55 TO 64, CONSUMER EXPENDITURE SURVEY, 1986-87 TOT COMPL ITEM REPORTERS <5000 5-9.9 10-14.9 15-19.9 20-29.9 30-39.9 40-49.9 50_OVER Number of consumer units (in thousands)......... 11270 1226 1626 1338 1153 1856 1413 771 1886 Number of sample interviews..................... 9249 927 1268 1162 910 1552 1186 737 1507 Income before taxes 1/.......................... 29674 2433 7478 12416 17314 24732 34421 44333 81643 Income after taxes 1/........................... 26802 2316 7302 12007 16321 23106 31344 39568 71460 Average number of persons in consumer unit...... 2.4 1.8 2.1 2.2 2.2 2.5 2.5 2.8 2.9 Age of reference person......................... 59.6 59.7 60.4 60.1 59.8 59.6 59.1 59 58.9 Average number of: Earners...................................... 1.4 0.8 0.9 1.1 1.2 1.5 1.6 2.1 2.2 Vehicles..................................... 2.3 1.2 1.6 1.8 2.2 2.4 2.6 3.1 3.3 Children under 18............................ 0.2 0.2 0.3 0.3 0.2 0.2 0.2 0.3 0.2 Persons 65 and over.......................... 0.1 0 0.1 0.1 0.1 0.1 0.1 0 0.1 Percent distribution: Male......................................... 70 45 55 58 73 74 76 87 92 Female....................................... 30 55 45 42 27 26 24 13 8 Homeowner with mortgage...................... 38 25 22 27 34 35 40 57 65 Homeowner without mortgage................... 43 37 48 53 44 48 48 34 31 Renter....................................... 19 38 31 20 22 18 12 9 3 Black........................................ 10 21 18 13 7 7 5 6 3 White and other.............................. 90 79 82 87 93 93 95 94 97 Elementary (1-8)............................. 17 39 30 23 16 12 9 9 2 High school (9-12)........................... 49 42 49 58 59 60 51 47 27 College...................................... 34 16 19 18 25 28 40 44 72 Never attended and other..................... 1 2 1 1 0 0 0 At least one vehicle owned................... 90 63 80 91 93 97 97 97 99 Average annual expenditures..................... 26029 13251 13458 17313 19498 24767 27936 35175 51489 Food......................................... 3818 2373 2241 2956 3408 3731 4294 5007 6179 Food at home.............................. 2314 1612 1623 2083 2339 2245 2509 2800 3201 Cereals and bakery products............ 314 220 223 290 346 286 336 387 425 Cereals and cereal products......... 101 71 80 110 119 90 102 126 109 Bakery products..................... 213 149 143 179 227 196 233 261 316 Meats, poultry, fish, and eggs......... 679 452 474 634 657 662 717 842 947 Beef................................ 224 140 122 195 210 217 244 356 316 Pork................................ 146 88 126 155 137 171 107 176 181 Other meats......................... 94 63 64 92 93 90 112 90 133 Poultry............................. 96 61 78 99 92 76 100 98 151 Fish and seafood.................... 86 71 47 59 85 77 126 89 131 Eggs................................ 33 28 36 35 40 31 30 33 34 Dairy products......................... 281 193 201 245 278 262 328 355 377 Fresh milk and cream................ 131 103 111 133 141 117 134 148 156 Other dairy products................ 150 91 90 112 137 145 194 207 221 Fruits and vegetables.................. 399 250 269 359 436 394 439 459 560 Fresh fruits........................ 133 79 80 115 148 125 148 155 202 Fresh vegetables.................... 120 80 89 110 127 118 129 129 166 Processed fruits.................... 84 50 50 80 89 90 84 96 125 Processed vegetables................ 62 40 50 53 72 61 78 80 67 Other food at home..................... 605 479 447 533 598 594 657 695 817 Sugar and other sweets.............. 85 56 62 68 86 98 96 89 112 Fats and oils....................... 63 58 51 56 60 58 73 78 73 Miscellaneous foods................. 233 181 157 219 226 208 248 266 354 Nonalcoholic beverages.............. 224 184 178 190 226 230 241 262 279 Food pre. by cu on out of town trips... 37 18 9 22 24 47 33 62 75 Food away from home....................... 1503 762 618 873 1068 1485 1785 2208 2978 Alcoholic beverages.......................... 270 163 109 178 208 268 287 302 587 Housing...................................... 7141 4798 4574 4980 5773 6365 7111 8194 13678 Shelter................................... 3472 2346 2235 2241 2802 2978 3184 4194 6959 Owned dwellings........................ 2269 1254 1257 1283 1579 1862 2151 2891 5156 Mortgage interest................... 1019 478 447 466 597 682 871 1447 2780 Property taxes...................... 655 380 378 418 560 660 587 787 1288 Maint., rep., ins., other expenses.. 595 396 432 400 422 520 693 657 1087 Rented dwellings....................... 659 796 796 701 929 757 630 440 270 Other lodging.......................... 544 296 182 257 294 359 403 864 1533 Utilities, fuels, and public services..... 1870 1458 1489 1584 1676 1819 1924 2048 2723 Natural gas............................ 297 222 251 246 267 268 315 373 423 Electricity............................ 765 577 586 626 711 763 825 821 1106 Fuel oil and other fuels............... 134 127 142 134 86 158 94 158 157 Telephone.............................. 492 407 374 410 457 459 511 492 743 Water and other public services........ 182 125 135 167 155 171 179 204 294 Household operations...................... 289 136 130 106 156 266 231 269 813 Personal services...................... 47 40 25 26 3 82 41 78 70 Other household expenses............... 242 96 105 79 153 184 190 191 743 Housekeeping supplies..................... 405 255 258 294 389 393 481 446 681 Laundry and cleaning supplies.......... 111 67 71 81 110 112 133 128 175 Other household products............... 170 89 107 133 165 165 209 189 280 Postage and stationery................. 124 98 80 81 114 116 139 129 226 Household furnishings and equipment....... 1105 602 463 755 750 909 1291 1237 2502 Household textiles..................... 121 104 60 81 98 62 135 122 296 Furniture.............................. 307 146 104 199 187 248 397 334 716 Floor coverings........................ 73 25 32 102 36 31 142 64 112 Major appliances....................... 187 100 98 132 123 149 207 248 397 Small appliances & misc. housewares.... 73 37 37 33 61 73 65 66 176 Miscellaneous household equipment...... 344 190 131 207 246 345 344 405 806 Apparel and services......................... 1418 536 709 1086 1013 1334 1558 1839 2870 Men and boys.............................. 332 130 163 220 227 280 389 424 729 Men, 16 and over....................... 292 119 131 170 189 257 315 392 685 Boys, 2 to 15.......................... 40 11 32 50 37 23 74 32 45 Women and girls........................... 645 209 373 513 536 587 733 857 1217 Women, 16 and over..................... 610 203 356 482 496 551 679 811 1169 Girls, 2 to 15......................... 36 6 17 31 41 37 54 45 49 Children under 2.......................... 36 17 18 31 23 35 32 47 72 Footwear.................................. 184 91 73 193 92 197 218 241 315 Other apparel products and services....... 221 88 83 129 135 235 185 272 536 Transportation............................... 5049 2414 2377 3376 3562 5194 5466 8032 9485 Vehicle purchases......................... 2289 1116 903 1378 1325 2392 2264 4052 4682 Cars and trucks, new (net outlay)...... 1509 359 550 679 491 1474 1533 3132 3649 Cars and trucks, used (net outlay)..... 770 757 343 694 833 895 712 897 1028 Other vehicles......................... 11 0 10 4 2 23 20 23 5 Gasoline and motor oil.................... 991 511 630 868 905 1040 1147 1332 1447 Other vehicle expenses.................... 1491 664 730 1018 1210 1528 1813 2148 2641 Vehicle finance charges................ 264 94 109 141 154 308 330 445 496 Maintenance and repairs................ 550 277 249 422 519 532 715 713 921 Vehicle insurance...................... 520 229 288 371 424 545 602 708 910 Vehicle rent., licenses, other charges. 157 64 84 83 113 143 166 282 314 Public transportation..................... 278 124 114 112 122 234 242 501 714 Health care.................................. 1423 956 1118 1357 1433 1402 1397 1415 2058 Health insurance.......................... 460 365 383 505 466 503 457 360 555 Medical services.......................... 564 319 414 416 558 454 560 644 1041 Drugs..................................... 285 218 272 302 307 271 242 311 354 Medical supplies.......................... 113 54 49 133 103 174 137 101 109 Entertainment................................ 1158 439 470 582 740 1090 1203 1676 2713 Fees and admissions....................... 318 95 104 125 182 251 323 479 864 Television, radios, sound equipment....... 385 189 187 201 261 376 385 598 814 Pets, toys, and playground equipment...... 216 85 126 137 186 179 287 247 430 Other ent. sup., equip., and services..... 239 70 53 119 111 285 208 353 606 Personal care products and services.......... 379 207 211 251 299 391 452 471 687 Reading...................................... 158 75 92 108 128 146 181 212 299 Education.................................... 255 126 47 87 111 119 267 205 878 Tobacco products and smoking supplies........ 267 205 260 240 264 289 298 319 271 Miscellaneous................................ 601 300 374 456 520 580 683 733 1059 Cash contributions........................... 1133 235 242 533 594 1438 1045 1464 2874 Personal insurance and pensions.............. 2958 425 634 1125 1446 2422 3694 5305 7852 Life and other personal insurance......... 418 252 269 287 265 352 532 498 786 Pensions and Social Security.............. 2541 174 364 838 1181 2070 3162 4807 7066 Money income before taxes....................... 29674 2433 7478 12416 17314 24732 34421 44333 81643 Wages and salaries........................... 21079 583 2186 5902 9576 16906 25692 37783 62322 Self-employment income....................... 2250 -114 51 714 897 1312 1500 1132 9545 S. Security, private and gvrnmnt retirement.. 3969 1175 3962 4543 5278 4645 4307 3342 3923 Int.,divid.,rent. income,other prop. income.. 1724 35 367 578 926 1290 2388 1834 5178 Unemp. and workers' compen., veterans' ben... 267 127 255 246 432 354 353 177 172 Pub. ass., supp. sec. income, foodstamps..... 206 527 527 212 127 110 92 16 21 Regular contributions for support............ 99 50 63 198 35 78 66 23 206 Other income................................. 80 51 68 24 44 38 23 26 278 Personal taxes.................................. 2872 118 177 409 994 1625 3076 4765 10184 Federal income taxes......................... 2340 44 96 268 823 1231 2405 3906 8572 State and local income taxes................. 461 21 21 82 172 320 564 794 1501 Other taxes.................................. 70 52 60 59 -1 75 108 65 111 Income after taxes.............................. 26802 2316 7302 12007 16321 23106 31344 39568 71460 Net change in total assets................... 5270 1615 1771 -824 577 1163 -35 5677 25708 Net change in total liabilities.............. 469 -421 -1065 -909 -717 1009 2836 103 1916 Other money receipts......................... 388 58 135 124 140 366 296 684 1127 Mortgage principal paid on owned property.... -470 -308 -182 -268 -364 -366 -453 -688 -1057 Estimated market value of owned home......... 70023 37011 40206 52689 56438 60822 69713 83864 141000 Estimated monthly rental value of owned home. 397 212 232 284 327 373 426 524 736 Gifts of: Clothing, males 2 and over................... 86 54 77 63 66 105 71 123 122 Clothing, females 2 and over................. 123 57 100 74 77 121 184 121 210 Clothing, infants less than 2................ 30 11 17 19 19 30 29 35 70 Jewelry and watches.......................... 24 19 5 14 19 23 24 40 48 Small appliances & misc. housewares.......... 27 14 7 16 15 34 16 23 72 Household textiles........................... 17 12 10 12 24 9 32 19 19 All other gifts.............................. 773 337 302 297 464 520 663 717 2366 -------------------------------------------------------------------------------------------------------------------------- 1/ Components of income and taxes are drived from "Complete income reporters" only; see glossary.