Table 2300. Higher income before taxes: Average annual expenditures and characteristics, Consumer Expenditure Survey, 2003 Complete reporting of income All Item consumer units Total Less $70,000 $80,000 $100,000 $100,000 $120,000 $150,000 complete than to to and to to and reporting $70,000 $79,999 $99,999 over $119,999 $149,999 over Number of consumer units (in thousands)...... 115,356 97,391 73,824 5,121 6,909 11,537 4,384 3,151 4,002 Income before taxes a/ ...................... $51,128 $51,128 $29,793 $74,560 $88,832 $154,665 $108,087 $131,885 $223,634 Income after taxes a/ ....................... 48,596 48,596 28,752 71,388 84,176 144,146 101,871 121,640 208,186 Age of the reference person.................. 48.4 48.4 49.1 45.1 45.9 46.7 45.8 46.4 47.8 Average number in consumer unit: Persons..................................... 2.5 2.5 2.3 3.0 3.0 3.1 3.1 3.1 3.1 Children under 18........................... .6 .6 .6 .8 .8 .8 .8 .8 .9 Persons 65 and over......................... .3 .3 .4 .1 .1 .1 .1 .1 .1 Earners..................................... 1.3 1.3 1.1 1.8 2.0 2.0 2.0 2.1 1.9 Vehicles.................................... 1.9 2.0 1.7 2.7 3.0 2.8 2.8 3.0 2.8 Percent distribution: Male........................................ 50 51 48 60 60 59 57 63 59 Female...................................... 50 49 52 40 40 41 43 37 41 Homeowner................................... 67 66 59 83 88 92 91 91 94 With mortgage.............................. 41 41 31 66 69 74 76 74 73 Without mortgage........................... 26 25 28 17 19 18 15 17 21 Renter...................................... 33 34 41 17 12 8 9 9 6 Black or African American................... 12 12 13 7 6 5 6 5 4 White, Asian, and All Other Races........... 88 88 87 93 94 95 94 95 96 Elementary (1-8)............................ 6 6 8 1 1 1 1 1 b/ High school (9-12).......................... 36 36 42 25 24 12 16 13 8 College..................................... 57 57 50 75 75 87 83 86 91 Never attended and other.................... b/ b/ b/ b/ b/ b/ b/ c/ c/ At least one vehicle owned or leased........ 88 88 85 97 98 97 97 98 96 Average annual expenditures.................. $40,817 $42,742 $31,737 $57,128 $65,957 $93,515 $75,601 $86,451 $118,674 Food........................................ 5,340 5,593 4,619 7,548 7,840 9,926 8,714 9,689 11,435 Food at home............................. 3,129 3,236 2,862 4,354 4,136 4,726 4,304 4,934 5,023 Cereals and bakery products............ 442 456 408 617 591 632 606 619 670 Cereals and cereal products.......... 150 155 141 210 196 200 182 204 218 Bakery products...................... 292 301 267 406 396 432 424 416 452 Meats, poultry, fish, and eggs......... 825 837 757 1,094 967 1,183 1,042 1,264 1,274 Beef................................. 246 252 228 349 313 337 298 352 368 Pork................................. 171 171 161 198 190 216 179 254 227 Other meats.......................... 102 104 95 136 123 136 139 133 137 Poultry.............................. 145 145 130 209 171 207 178 244 208 Fish and seafood..................... 124 125 106 161 130 240 207 226 286 Eggs................................. 37 38 37 42 40 47 41 55 48 Dairy products......................... 328 343 304 455 457 494 437 530 528 Fresh milk and cream................. 127 132 121 178 161 167 159 171 172 Other dairy products................. 201 212 183 277 296 327 278 359 356 Fruits and vegetables.................. 535 556 488 780 704 830 741 916 861 Fresh fruits......................... 171 177 151 265 236 284 240 323 300 Fresh vegetables..................... 172 179 155 266 236 270 231 306 286 Processed fruits..................... 108 112 100 151 133 161 153 169 164 Processed vegetables................. 84 87 81 99 99 115 117 118 111 Other food at home..................... 999 1,044 906 1,407 1,417 1,586 1,478 1,605 1,690 Sugar and other sweets............... 119 123 108 159 160 190 192 173 202 Fats and oils........................ 86 87 79 116 104 118 113 124 118 Miscellaneous foods.................. 490 513 440 707 731 792 728 811 849 Nonalcoholic beverages............... 268 281 253 369 349 392 375 405 401 Food prepared by consumer unit on out-of-town trips................... 36 38 25 57 73 94 71 92 120 Food away from home.................... 2,211 2,358 1,757 3,195 3,703 5,201 4,410 4,755 6,411 Alcoholic beverages......................... 391 442 316 618 589 1,127 785 865 1,703 Housing..................................... 13,432 13,653 10,464 17,081 19,841 28,941 23,204 26,719 36,971 Shelter.................................. 7,887 7,921 6,046 9,912 10,899 17,253 13,623 16,128 22,117 Owned dwellings........................ 5,263 5,247 3,336 7,643 8,858 14,242 11,269 13,211 18,310 Mortgage interest and charges........ 2,954 2,947 1,752 4,764 5,359 8,340 6,815 7,766 10,463 Property taxes....................... 1,344 1,310 887 1,697 2,039 3,411 2,515 2,831 4,850 Maintenance, repairs, insurance,other expenses............................ 965 989 697 1,182 1,461 2,490 1,939 2,614 2,997 Rented dwellings....................... 2,179 2,220 2,481 1,713 1,357 1,288 1,272 1,562 1,090 Other lodging.......................... 445 455 228 557 684 1,723 1,081 1,355 2,717 Utilities, fuels, and public services.... 2,811 2,820 2,450 3,433 3,779 4,336 3,895 4,146 4,969 Natural gas............................ 392 387 331 468 472 661 570 608 802 Electricity............................ 1,028 1,021 915 1,186 1,335 1,440 1,300 1,349 1,667 Fuel oil and other fuels............... 110 112 94 153 158 179 159 189 193 Telephone services..................... 956 970 834 1,190 1,350 1,512 1,388 1,494 1,662 Water and other public services........ 326 330 277 436 463 544 477 507 646 Household operations..................... 707 730 453 912 1,168 2,158 1,438 1,848 3,191 Personal services...................... 294 303 183 429 569 859 677 825 1,085 Other household expenses............... 414 427 270 482 599 1,299 761 1,023 2,106 Housekeeping supplies.................... 529 582 453 769 897 1,186 1,072 1,083 1,390 Laundry and cleaning supplies.......... 132 145 127 226 213 192 170 165 239 Other household products............... 263 287 208 350 469 687 647 594 803 Postage and stationery................. 133 149 117 193 216 307 255 325 348 Household furnishings and equipment...... 1,497 1,600 1,062 2,055 3,098 4,008 3,177 3,514 5,304 Household textiles..................... 113 126 90 183 211 290 269 280 321 Furniture.............................. 401 419 258 579 868 1,107 797 974 1,551 Floor coverings........................ 52 54 26 58 98 207 140 193 292 Major appliances....................... 196 205 156 232 346 424 284 353 632 Small appliances, miscellaneous housewares............................ 88 95 69 134 170 203 152 149 302 Miscellaneous household equipment...... 648 701 463 868 1,404 1,777 1,536 1,565 2,205 Apparel and services........................ 1,640 1,744 1,314 2,549 2,546 3,756 2,695 3,541 5,083 Men and boys............................. 372 385 283 583 664 814 566 750 1,135 Men, 16 and over....................... 282 294 211 450 537 634 433 609 874 Boys, 2 to 15.......................... 89 91 71 133 127 180 133 141 261 Women and girls.......................... 634 699 521 1,164 967 1,529 1,131 1,347 2,104 Women, 16 and over..................... 529 588 442 939 790 1,298 946 1,166 1,783 Girls, 2 to 15......................... 106 110 79 224 177 231 185 181 321 Children under 2......................... 81 86 68 138 129 156 125 199 155 Footwear................................. 294 311 274 411 398 467 424 541 455 Other apparel products and services...... 258 263 169 254 388 791 449 704 1,234 Transportation.............................. 7,781 8,041 6,138 11,540 13,295 15,526 14,178 15,785 16,799 Vehicle purchases (net outlay)........... 3,732 3,871 2,884 5,698 6,834 7,604 7,295 7,932 7,683 Cars and trucks, new................... 2,052 2,154 1,299 3,538 4,474 5,621 5,664 5,076 6,003 Cars and trucks, used.................. 1,611 1,649 1,538 2,105 2,144 1,865 1,508 2,653 1,636 Other vehicles......................... 68 68 47 d/ 55 216 117 d/ 123 d/ 203 d/ 44 Gasoline and motor oil................... 1,333 1,353 1,134 1,861 2,038 2,123 2,063 2,195 2,133 Other vehicle expenses................... 2,331 2,416 1,860 3,531 3,842 4,632 4,191 4,612 5,130 Vehicle finance charges................ 371 383 287 626 756 668 721 676 605 Maintenance and repairs................ 619 657 518 919 1,059 1,191 1,052 1,221 1,320 Vehicle insurance...................... 905 929 752 1,284 1,421 1,611 1,583 1,600 1,651 Vehicle rental, leases, licenses, other charges.............................. 436 447 303 702 606 1,161 834 1,115 1,555 Public transportation.................... 385 400 260 449 582 1,167 629 1,046 1,853 Health care................................. 2,416 2,495 2,199 2,700 3,335 3,809 3,465 3,478 4,447 Health insurance......................... 1,252 1,267 1,140 1,400 1,577 1,837 1,669 1,718 2,115 Medical services......................... 591 612 485 716 1,032 1,122 972 890 1,470 Drugs.................................... 467 501 479 446 555 642 622 678 636 Medical supplies......................... 107 115 94 138 171 208 203 192 226 Entertainment............................... 2,060 2,155 1,484 3,243 3,607 5,124 3,810 4,382 7,147 Fees and admissions...................... 494 511 281 719 849 1,687 1,126 1,309 2,599 Television, radios, sound equipment...... 730 745 599 977 1,084 1,379 1,165 1,285 1,689 Pets, toys, and playground equipment..... 378 411 322 531 652 790 711 736 920 Other entertainment supplies, equipment,and services.................. 457 488 282 1,016 1,021 1,268 809 1,052 1,939 Personal care products and services......... 527 559 433 722 871 1,131 874 1,139 1,405 Reading..................................... 127 133 98 180 202 296 228 293 372 Education................................... 783 792 439 855 1,082 2,858 2,093 2,165 4,243 Tobacco products and smoking supplies....... 290 307 313 325 358 234 243 259 204 Miscellaneous............................... 606 658 547 750 843 1,221 1,267 965 1,373 Cash contributions.......................... 1,370 1,458 896 1,627 2,173 4,547 2,238 2,698 8,534 Personal insurance and pensions............. 4,055 4,710 2,476 7,390 9,375 15,016 11,808 14,474 18,958 Life and other personal insurance........ 397 414 261 490 659 1,214 729 944 1,958 Pensions and Social Security............. 3,658 4,296 2,215 6,901 8,715 13,802 11,079 13,530 17,001 Sources of income and personal taxes: a/ Money income before taxes.................. 51,128 51,128 29,793 74,560 88,832 154,665 108,087 131,885 223,634 Wages and salaries....................... 41,200 41,200 21,887 65,842 78,000 131,804 97,352 116,485 181,613 Self-employment income................... 2,138 2,138 603 2,207 2,967 11,437 4,272 5,962 23,598 Social Security, private and government retirement................... 5,601 5,601 5,642 4,598 5,742 5,699 3,901 6,240 7,243 Interest, dividends, rental income, other property income................... 1,097 1,097 498 1,157 1,223 4,829 1,803 2,146 10,256 Unemployment and workers'' compensation, veterans'' benefits..................... 269 269 261 300 360 250 260 364 d/ 150 Public assistance, supplemental security, income, food stamps..................... 314 314 400 40 d/ 37 54 d/ 85 d/ 72 d/ 5 Regular contributions for support........ 343 343 343 267 368 361 357 460 286 Other income............................. 165 165 159 150 135 230 55 155 482 Personal taxes............................. 2,532 2,532 1,040 3,172 4,656 10,519 6,216 10,245 15,448 Federal income taxes..................... 1,843 1,843 692 2,298 3,305 8,129 4,559 7,748 12,340 State and local income taxes............. 502 502 221 658 1,033 1,908 1,232 2,186 2,431 Other taxes.............................. 187 187 127 216 319 482 425 311 677 Income after taxes......................... 48,596 48,596 28,752 71,388 84,176 144,146 101,871 121,640 208,186 Net change in total assets and liabilities... -14,376 -15,289 -7,772 -22,427 -19,331 -57,802 -61,546 -56,286 -54,894 Net change in total assets............... 6,451 6,605 3,407 14,892 17,648 16,771 -1,676 20,140 34,329 Net change in total liabilities.......... 20,827 21,894 11,179 37,320 36,979 74,573 59,870 76,426 89,223 Other financial information: Other money receipts..................... 530 615 501 311 763 1,394 1,580 1,626 1,008 Mortgage principal paid on owned property................................ -1,565 -1,562 -852 -2,655 -2,546 -5,029 -3,617 -4,154 -7,266 Estimated market value of owned home..... 122,059 119,104 81,285 152,719 175,855 312,189 215,936 270,255 450,667 Estimated monthly rental value of owned home.................................... 750 737 535 1,007 1,153 1,657 1,338 1,499 2,131 Gifts of goods and services................. 1,007 1,055 676 1,225 1,369 3,255 2,461 2,295 4,877 Food..................................... 78 84 49 73 85 321 286 164 483 Alcoholic beverages...................... 16 19 13 18 26 54 73 11 66 Housing.................................. 220 238 162 244 366 664 599 502 861 Housekeeping supplies.................. 42 48 35 60 66 114 83 144 125 Household textiles..................... 13 14 8 13 24 52 56 d/ 34 61 Appliances and miscellaneous housewares........................... 25 28 18 30 31 89 51 40 167 Major appliances..................... 7 7 5 d/ 3 8 21 11 d/ 6 d/ 44 Small appliances and miscellaneous housewares......................... 18 21 13 26 23 67 40 34 123 Miscellaneous household equipment...... 57 62 44 72 122 142 131 108 182 Other housing.......................... 85 87 56 69 123 267 278 175 326 Apparel and services..................... 225 232 185 309 322 457 386 374 600 Males, 2 and over...................... 56 55 42 80 92 110 83 87 156 Females, 2 and over.................... 80 89 68 144 108 194 173 129 267 Children under 2....................... 39 41 33 39 73 74 49 85 91 Other apparel products and services.... 50 47 42 47 50 80 81 73 85 Jewelry and watches.................. 26 23 21 25 20 39 19 43 59 All other apparel products and services............................ 25 24 21 d/ 21 30 41 62 d/ 30 d/ 26 Transportation........................... 60 56 40 137 73 112 80 58 189 Health care.............................. 48 52 44 20 39 124 68 40 251 Entertainment............................ 69 74 52 110 101 184 141 133 270 Toys, games, hobbies, and tricycles.... 26 26 21 36 37 52 42 48 65 Other entertainment.................... 43 48 32 74 64 132 99 85 205 Personal care products and services...... 16 19 16 18 24 32 22 15 56 Reading.................................. 1 1 1 3 1 2 2 2 3 Education................................ 200 201 58 179 209 1,125 713 807 1,827 All other gifts.......................... 74 78 56 115 123 180 92 188 271 a Components of income and taxes are derived from "complete income reporters" only; see glossary. b Value less than 0.5. c No data reported. d Data are likely to have large sampling errors. n.a. Not applicable.