Table 29. Consumer units with reference person age 55 to 64 by income before taxes: Average annual expenditures and characteristics, Consumer Expenditure Survey, 2003-2004 Complete reporting of income Item Total Less $5,000 $10,000 $15,000 $20,000 $30,000 $40,000 $50,000 $70,000 complete than to to to to to to to and reporting $5,000 $9,999 $14,999 $19,999 $29,999 $39,999 $49,999 $69,999 more Number of consumer units (in thousands)........... 15,878 496 959 973 983 1,879 1,734 1,622 2,486 4,746 Consumer unit characteristics: Income before taxes a/ .......................... $60,312 $1,525 $8,012 $12,537 $17,379 $24,745 $34,623 $44,565 $58,689 $125,407 Income after taxes a/ ........................... 57,438 1,496 7,940 12,543 17,316 24,390 33,576 43,149 56,333 118,063 Age of reference person.......................... 59.1 59.4 59.9 59.9 59.7 59.7 59.3 59.2 58.8 58.5 Average number in consumer unit: Persons......................................... 2.1 1.5 1.4 1.7 1.8 1.9 2.0 2.1 2.3 2.5 Children under 18............................... .2 b/ .1 b/ .1 .2 .2 .2 .2 .2 .2 .2 Persons 65 and over............................. .1 c/ b/ .1 .1 .1 .1 .1 .1 .1 .1 Earners......................................... 1.3 .5 .3 .5 .8 1.0 1.2 1.4 1.5 1.9 Vehicles........................................ 2.2 1.3 1.0 1.5 1.5 1.8 2.2 2.2 2.5 2.9 Percent distribution: Sex of reference person: Male............................................ 51 40 40 35 42 39 47 51 57 63 Female.......................................... 49 60 60 65 58 61 53 49 43 37 Housing tenure: Homeowner....................................... 82 56 47 64 65 78 83 85 90 95 With mortgage.................................. 45 22 15 22 25 33 40 48 55 62 Without mortgage............................... 37 34 32 41 40 45 42 37 35 33 Renter.......................................... 18 44 53 36 35 22 17 15 10 5 Race of reference person: Black or African-American....................... 10 20 25 18 13 15 9 9 8 5 White, Asian, and All Other Races............... 90 80 75 82 87 85 91 91 92 95 Education of reference person: Elementary (1-8)................................ 6 15 26 12 12 10 6 5 1 1 High school (9-12).............................. 36 51 40 48 47 50 48 38 35 19 College......................................... 57 32 32 39 40 40 46 57 64 80 Never attended and other........................ d/ 3 1 1 1 d/ d/ e/ d/ e/ At least one vehicle owned or leased............. 92 68 61 83 86 90 96 95 97 98 Average annual expenditures....................... $46,869 $20,703 $16,172 $22,832 $23,083 $30,266 $34,211 $38,298 $47,573 $79,616 Food............................................. 5,848 3,015 2,528 3,364 3,467 4,667 4,902 5,181 6,019 8,838 Food at home.................................... 3,404 2,047 1,730 2,291 2,262 2,969 3,140 3,140 3,797 4,528 Cereals and bakery products.................... 441 321 265 307 288 395 429 414 493 555 Cereals and cereal products................... 141 103 97 103 96 136 132 142 150 173 Bakery products............................... 300 218 168 204 192 259 297 271 343 382 Meats, poultry, fish, and eggs................. 914 428 457 609 580 844 847 886 1,125 1,143 Beef.......................................... 278 96 120 168 161 248 228 219 455 336 Pork.......................................... 201 93 114 146 144 206 198 221 215 237 Other meats................................... 104 68 67 79 57 74 105 97 106 145 Poultry....................................... 152 77 81 115 100 158 137 158 179 180 Fish and seafood.............................. 136 68 46 66 91 117 129 150 129 195 Eggs.......................................... 42 25 30 36 28 41 50 41 42 49 Dairy products................................. 361 207 192 247 239 342 341 313 382 481 Fresh milk and cream.......................... 131 75 89 115 97 145 135 128 128 151 Other dairy products.......................... 230 133 102 132 142 197 206 186 255 330 Fruits and vegetables.......................... 601 387 284 407 436 494 540 568 636 825 Fresh fruits.................................. 198 128 79 132 140 161 174 213 196 276 Fresh vegetables.............................. 200 130 102 120 155 156 183 162 215 285 Processed fruits.............................. 113 76 55 102 72 99 102 88 117 156 Processed vegetables.......................... 90 52 49 54 69 78 81 105 109 107 Other food at home............................. 1,088 704 532 721 719 894 982 959 1,160 1,525 Sugar and other sweets........................ 133 62 76 80 81 127 131 131 113 187 Fats and oils................................. 96 71 63 73 74 93 96 96 93 117 Miscellaneous foods........................... 497 301 214 331 335 391 432 412 530 727 Nonalcoholic beverages........................ 303 239 158 219 218 255 283 269 361 383 Food prepared by consumer unit on out-of-town trips............................ 60 b/ 32 b/ 22 b/ 18 b/ 11 28 40 52 62 110 Food away from home............................. 2,444 968 797 1,074 1,205 1,698 1,762 2,041 2,222 4,310 Alcoholic beverages.............................. 445 226 149 290 150 252 229 298 429 852 Housing.......................................... 14,121 8,512 6,479 8,734 8,393 9,582 10,387 11,396 14,100 22,676 Shelter......................................... 7,752 4,870 3,688 4,818 4,713 5,114 5,467 6,240 7,878 12,437 Owned dwellings................................ 5,869 2,864 1,598 2,645 2,547 3,386 3,967 4,615 6,358 10,246 Mortgage interest and charges................. 2,770 1,015 753 1,134 994 1,410 1,820 2,310 3,249 4,855 Property taxes................................ 1,740 729 573 868 748 1,034 1,201 1,372 1,741 3,068 Maintenance, repairs, insurance, other expenses..................................... 1,359 1,119 272 643 805 942 946 933 1,368 2,324 Rented dwellings............................... 1,192 1,885 1,977 2,018 1,912 1,483 1,225 1,270 965 608 Other lodging.................................. 691 b/ 121 b/ 113 155 254 245 275 355 554 1,583 Utilities, fuels, and public services........... 3,168 2,010 1,904 2,379 2,369 2,553 2,867 2,983 3,354 4,191 Natural gas.................................... 460 280 237 311 347 339 435 417 477 642 Electricity.................................... 1,162 773 746 968 918 1,003 1,064 1,113 1,217 1,462 Fuel oil and other fuels....................... 157 b/ 77 104 126 128 104 177 142 175 198 Telephone services............................. 1,017 667 634 716 731 801 866 951 1,061 1,391 Water and other public services................ 373 213 183 258 246 307 324 360 424 499 Household operations............................ 639 444 124 226 193 289 310 458 503 1,332 Personal services.............................. 59 b/ 181 d/ b/ 7 b/ 10 b/ 3 b/ 5 b/ 47 59 123 Other household expenses....................... 580 263 124 219 183 286 305 411 444 1,209 Housekeeping supplies........................... 667 325 284 404 489 578 539 571 612 1,025 Laundry and cleaning supplies.................. 158 120 67 133 97 170 151 125 135 219 Other household products....................... 326 169 129 195 289 254 251 284 283 516 Postage and stationery......................... 183 36 88 75 102 154 138 162 194 290 Household furnishings and equipment............. 1,894 863 480 906 629 1,047 1,205 1,143 1,754 3,691 Household textiles............................. 182 b/ 34 83 70 31 170 132 119 120 353 Furniture...................................... 490 168 147 324 151 237 256 229 499 969 Floor coverings................................ 81 b/ 61 b/ 4 b/ 12 b/ 14 17 24 44 77 188 Major appliances............................... 231 b/ 45 58 102 101 113 196 168 218 428 Small appliances, miscellaneous housewares.................................... 130 164 23 58 53 91 89 123 84 241 Miscellaneous household equipment.............. 779 391 165 340 278 419 508 459 756 1,514 Apparel and services............................. 1,797 654 512 838 939 890 1,106 1,543 1,614 3,387 Men and boys.................................... 337 173 112 125 118 139 178 296 321 660 Men, 16 and over............................... 287 146 73 92 94 104 147 261 257 586 Boys, 2 to 15.................................. 50 b/ 27 39 33 24 35 31 35 64 75 Women and girls................................. 769 256 183 395 505 354 501 644 735 1,420 Women, 16 and over............................. 723 254 176 382 481 324 458 610 687 1,339 Girls, 2 to 15................................. 46 b/ 2 b/ 7 13 24 30 43 33 48 82 Children under 2................................ 52 b/ 23 b/ 29 b/ 28 25 43 42 34 54 84 Footwear........................................ 309 b/ 87 b/ 94 141 b/ 178 225 201 366 302 501 Other apparel products and services............. 329 115 95 150 113 129 184 203 202 721 Transportation................................... 8,665 2,946 2,876 4,167 4,406 5,644 7,112 7,773 8,724 14,280 Vehicle purchases (net outlay).................. 4,004 b/ 856 b/ 1,355 2,022 1,807 2,520 3,341 3,675 3,742 6,808 Cars and trucks, new........................... 2,544 b/ 558 b/ 757 b/ 829 b/ 692 1,312 1,503 2,105 2,143 5,077 Cars and trucks, used.......................... 1,417 b/ 298 598 1,193 1,106 1,205 1,839 1,463 1,564 1,648 Other vehicles................................. 42 e/ b/ 1 e/ b/ 10 b/ 3 e/ b/ 106 b/ 35 b/ 83 Gasoline and motor oil.......................... 1,563 735 588 892 961 1,163 1,476 1,498 1,771 2,213 Other vehicle expenses.......................... 2,536 1,200 818 1,113 1,441 1,696 2,032 2,245 2,700 4,077 Vehicle finance charges........................ 338 141 89 152 131 213 337 336 404 506 Maintenance and repairs........................ 757 401 200 342 540 496 554 630 835 1,219 Vehicle insurance.............................. 964 504 361 503 601 715 893 927 990 1,427 Vehicle rental, leases, licenses, other charges....................................... 478 154 168 117 168 272 248 352 472 926 Public transportation........................... 561 155 115 139 198 265 263 355 512 1,182 Health care...................................... 3,198 2,053 1,512 1,934 2,119 2,551 3,257 3,396 3,547 4,131 Health insurance................................ 1,556 904 783 973 1,013 1,324 1,533 1,698 1,660 2,008 Medical services................................ 835 757 234 348 498 515 851 855 1,007 1,158 Drugs........................................... 659 310 430 521 550 586 737 734 703 747 Medical supplies................................ 149 81 64 91 58 126 137 109 177 218 Entertainment.................................... 2,686 782 709 1,266 941 2,550 1,585 1,513 3,047 4,610 Fees and admissions............................. 616 122 97 158 178 196 289 322 572 1,367 Television, radios, sound equipment............. 779 508 434 506 431 567 724 723 857 1,089 Pets, toys, hobbies, and playground equipment... 423 122 123 235 272 249 351 279 419 733 Other entertainment supplies, equipment, and services................................... 868 30 54 366 60 1,539 222 189 1,199 1,420 Personal care products and services.............. 607 277 198 335 281 431 398 586 609 1,008 Reading.......................................... 174 66 64 63 77 94 121 164 171 308 Education........................................ 755 b/ 318 b/ 24 b/ 79 95 202 178 258 428 1,996 Tobacco products and smoking supplies............ 326 221 307 315 335 369 339 371 383 275 Miscellaneous.................................... 792 541 283 328 379 580 651 762 853 1,220 Cash contributions............................... 1,710 827 225 504 525 690 777 1,087 1,619 3,600 Personal insurance and pensions.................. 5,746 265 307 614 976 1,764 3,169 3,971 6,030 12,435 Life and other personal insurance............... 601 176 141 272 208 312 378 440 641 1,118 Pensions and Social Security.................... 5,145 89 166 342 768 1,452 2,791 3,531 5,389 11,317 Sources of income and personal taxes: a/ Money income before taxes........................ 60,312 1,525 8,012 12,537 17,379 24,745 34,623 44,565 58,689 125,407 Wages and salaries.............................. 45,599 779 1,494 3,584 8,170 14,030 24,170 32,171 45,379 100,592 Self-employment income.......................... 3,418 b/ -633 b/ 34 b/ 81 b/ 294 974 738 1,930 2,280 8,908 Social Security, private and government retirement..................................... 8,364 938 4,152 6,957 7,331 8,171 7,920 8,834 8,833 10,328 Interest, dividends, rental income, other property income................................ 1,872 -234 142 196 484 666 892 932 1,161 4,602 Unemployment and workers' compensation, veterans' benefits............................. 297 b/ 87 b/ 111 b/ 249 b/ 351 290 332 374 306 313 Public assistance, supplemental security income, food stamps............................ 357 427 1,736 1,252 521 305 360 b/ 127 166 52 Regular contributions for support............... 256 b/ 70 b/ 101 b/ 114 b/ 138 b/ 230 b/ 181 b/ 129 391 372 Other income.................................... 148 b/ 90 b/ 242 b/ 104 b/ 90 b/ 79 b/ 30 b/ 68 173 239 Personal taxes................................... 2,874 29 72 -6 63 355 1,047 1,416 2,356 7,344 Federal income taxes............................ 2,066 -80 31 -46 -54 105 591 923 1,626 5,510 State and local income taxes.................... 544 -25 2 -21 33 113 192 272 481 1,360 Other taxes..................................... 264 135 39 60 85 138 265 221 249 474 Income after taxes............................... 57,438 1,496 7,940 12,543 17,316 24,390 33,576 43,149 56,333 118,063 Addenda: Net change in total assets and liabilities....... -6,651 159 -3,524 -3,035 139 -1,130 -6,419 -5,874 -4,451 -13,829 Net change in total assets...................... 7,230 3,397 -1,642 -1,185 1,214 7,598 3,661 4,544 7,911 14,114 Net change in total liabilities................. 13,880 3,238 1,883 1,851 1,075 8,728 10,080 10,418 12,362 27,942 Other financial information: Other money receipts............................ 1,608 b/ 390 b/ 855 b/ 3,074 b/ 154 681 1,384 413 1,097 3,013 Mortgage principal paid on owned property....... -2,239 -1,052 -545 -568 -519 -783 -1,135 -1,837 -2,014 -4,640 Estimated market value of owned home............ 170,763 79,390 53,150 84,306 78,689 102,943 118,722 133,207 165,704 302,219 Estimated monthly rental value of owned home.... 957 523 355 500 523 653 751 847 1,021 1,507 Gifts of goods and services...................... 1,644 768 266 566 438 656 1,096 1,161 1,328 3,424 Food............................................ 146 b/ 10 b/ 11 b/ 42 b/ 3 116 83 54 123 320 Alcoholic beverages............................. 20 b/ 11 b/ 11 b/ 21 b/ 12 16 b/ 8 b/ 17 26 28 Housing......................................... 350 195 70 152 45 171 189 258 274 733 Housekeeping supplies.......................... 58 b/ 1 b/ 20 26 b/ 13 41 46 53 61 99 Household textiles............................. 27 b/ 2 b/ 3 b/ 2 d/ b/ 10 b/ 29 b/ 4 17 63 Appliances and miscellaneous housewares.................................... 47 b/ 6 d/ b/ 23 b/ 7 b/ 25 b/ 20 17 19 118 Major appliances.............................. 19 b/ 6 e/ b/ 10 b/ 1 e/ d/ b/ 4 4 58 Small appliances and miscellaneous housewares................................... 28 d/ d/ b/ 13 b/ 6 b/ 25 b/ 20 b/ 13 15 60 Miscellaneous household equipment.............. 85 b/ 51 b/ 7 52 17 44 53 75 104 149 Other housing.................................. 134 b/ 135 b/ 40 b/ 49 b/ 7 51 40 109 74 304 Apparel and services............................ 355 97 101 200 222 145 277 491 325 580 Males, 2 and over.............................. 90 b/ 45 32 32 42 50 54 128 94 145 Females, 2 and over............................ 135 b/ 15 b/ 54 125 78 38 109 193 125 215 Children under 2............................... 45 b/ 23 b/ 7 27 25 29 32 30 52 78 Other apparel products and services............ 84 b/ 14 b/ 9 b/ 15 b/ 78 28 82 140 53 141 Jewelry and watches........................... 39 b/ 14 b/ 3 b/ 5 b/ 2 b/ 6 36 21 15 97 All other apparel products and services....... 45 e/ b/ 6 b/ 10 b/ 76 b/ 22 47 b/ 119 b/ 38 44 Transportation.................................. 55 b/ 6 b/ 13 b/ 5 b/ 6 14 79 37 56 103 Health care..................................... 43 b/ 144 b/ 3 b/ 42 b/ 27 b/ 21 b/ 42 b/ 21 78 43 Entertainment................................... 122 b/ 41 b/ 16 68 45 66 117 95 104 222 Toys, games, arts and crafts, and tricycles.... 48 b/ 23 b/ 9 b/ 29 b/ 32 31 40 37 57 74 Other entertainment............................ 74 b/ 18 b/ 8 b/ 38 b/ 14 35 77 59 47 148 Personal care products and services............. 23 e/ b/ 19 b/ 6 b/ 26 19 16 22 25 32 Reading......................................... 2 b/ 1 d/ b/ 1 b/ 1 d/ b/ 1 4 2 5 Education....................................... 369 b/ 175 b/ 1 b/ 6 b/ 14 16 81 86 109 1,089 All other gifts................................. 158 88 19 25 37 71 203 75 206 268 a Components of income and taxes are derived from "complete income reporters" only through 2003; (see glossary). Beginning in 2004 income imputation was implemented. As a result, all consumer units are considered to be complete income reporters. b Data are likely to have large sampling errors. c Value less than 0.05. d Value less than 0.5. e No data reported.