Table 10. Education of reference person: Average annual expenditures and characteristics, Consumer Expenditure Survey, 2003 Less than college graduate College graduate All Less High Master's, Item consumer than High school Bachelor's professional, units Total high school graduate Associate Total degree doctoral school graduate with degree degree graduate some college Number of consumer units (in thousands)...... 115,356 84,768 17,721 31,552 24,514 10,981 30,589 19,557 11,032 Income before taxes a/ ...................... $51,128 $40,164 $25,028 $40,113 $45,113 $54,087 $81,842 $74,921 $93,948 Income after taxes a/ ....................... 48,596 38,558 24,716 38,258 43,304 51,525 76,716 70,375 87,806 Age of the reference person.................. 48.4 49.0 55.6 50.2 44.4 45.4 46.6 44.7 49.9 Average number in consumer unit: Persons..................................... 2.5 2.5 2.6 2.5 2.3 2.6 2.5 2.5 2.4 Children under 18........................... .6 .7 .7 .6 .6 .7 .6 .6 .6 Persons 65 and over......................... .3 .3 .5 .3 .2 .2 .2 .2 .3 Earners..................................... 1.3 1.3 1.0 1.3 1.3 1.5 1.5 1.5 1.5 Vehicles.................................... 1.9 1.9 1.4 2.0 1.9 2.2 2.1 2.1 2.2 Percent distribution: Male........................................ 50 48 45 49 48 47 57 56 60 Female...................................... 50 52 55 51 52 53 43 44 40 Homeowner................................... 67 64 57 68 59 72 76 73 82 With mortgage.............................. 41 36 22 37 37 50 55 53 58 Without mortgage........................... 26 28 35 31 22 22 21 20 24 Renter...................................... 33 36 43 32 41 28 24 27 18 Black or African American................... 12 14 18 14 11 12 7 8 6 White, Asian, and All Other Races........... 88 86 82 86 89 88 93 92 94 Elementary (1-8)............................ 6 8 39 n.a. n.a. n.a. n.a. n.a. n.a. High school (9-12).......................... 36 50 59 100 n.a. n.a. n.a. n.a. n.a. College..................................... 57 42 n.a. n.a. 100 100 100 100 100 Never attended and other.................... b/ b/ 2 n.a. n.a. n.a. n.a. n.a. n.a. At least one vehicle owned or leased........ 88 85 73 89 87 92 94 93 95 Average annual expenditures.................. $40,817 $34,372 $23,901 $33,956 $37,912 $44,547 $58,480 $54,726 $65,203 Food........................................ 5,340 4,838 4,086 4,701 5,136 5,783 6,641 6,381 7,127 Food at home............................. 3,129 2,987 2,913 2,986 2,907 3,298 3,491 3,414 3,637 Cereals and bakery products............ 442 425 408 424 423 456 485 482 493 Cereals and cereal products.......... 150 144 153 140 139 155 167 167 166 Bakery products...................... 292 281 255 285 284 301 319 315 327 Meats, poultry, fish, and eggs......... 825 832 860 839 758 941 805 794 825 Beef................................. 246 254 236 262 212 353 224 232 210 Pork................................. 171 181 212 182 164 168 145 144 146 Other meats.......................... 102 102 98 104 98 111 103 103 101 Poultry.............................. 145 146 157 143 139 152 142 137 150 Fish and seafood..................... 124 112 112 111 111 118 156 141 183 Eggs................................. 37 38 45 38 33 39 36 36 35 Dairy products......................... 328 307 290 307 302 344 382 374 397 Fresh milk and cream................. 127 124 132 123 116 138 132 133 129 Other dairy products................. 201 182 158 184 186 206 250 241 267 Fruits and vegetables.................. 535 488 502 479 479 519 655 621 720 Fresh fruits......................... 171 151 156 147 148 161 222 202 258 Fresh vegetables..................... 172 155 167 148 157 160 214 202 237 Processed fruits..................... 108 100 93 101 100 108 130 127 136 Processed vegetables................. 84 82 86 83 74 90 89 89 89 Other food at home..................... 999 935 853 937 945 1,037 1,164 1,143 1,202 Sugar and other sweets............... 119 114 105 120 106 125 132 134 130 Fats and oils........................ 86 85 91 84 79 90 88 86 92 Miscellaneous foods.................. 490 450 387 451 468 501 590 589 593 Nonalcoholic beverages............... 268 260 255 258 257 285 289 280 308 Food prepared by consumer unit on out-of-town trips................... 36 26 14 23 35 36 64 55 79 Food away from home.................... 2,211 1,850 1,173 1,715 2,229 2,486 3,150 2,967 3,490 Alcoholic beverages......................... 391 302 161 255 401 453 620 565 725 Housing..................................... 13,432 11,181 8,351 10,923 12,260 14,060 19,631 18,357 21,908 Shelter.................................. 7,887 6,417 4,865 6,178 7,121 8,032 11,963 11,233 13,258 Owned dwellings........................ 5,263 4,001 2,427 4,040 4,365 5,618 8,760 7,995 10,117 Mortgage interest and charges........ 2,954 2,221 1,144 2,210 2,497 3,379 4,984 4,668 5,544 Property taxes....................... 1,344 1,036 766 1,057 1,086 1,300 2,196 1,967 2,603 Maintenance, repairs, insurance,other expenses............................ 965 743 517 773 782 938 1,580 1,360 1,969 Rented dwellings....................... 2,179 2,158 2,346 1,917 2,373 2,071 2,238 2,406 1,939 Other lodging.......................... 445 257 92 222 383 344 966 832 1,203 Utilities, fuels, and public services.... 2,811 2,647 2,311 2,740 2,610 3,000 3,268 3,159 3,461 Natural gas............................ 392 358 313 381 351 384 485 470 511 Electricity............................ 1,028 992 903 1,046 943 1,092 1,127 1,089 1,193 Fuel oil and other fuels............... 110 107 101 116 88 132 117 105 138 Telephone services..................... 956 892 735 897 926 1,055 1,132 1,107 1,176 Water and other public services........ 326 297 260 301 302 337 407 386 443 Household operations..................... 707 498 237 447 652 718 1,288 1,177 1,484 Personal services...................... 294 203 82 199 238 333 543 516 591 Other household expenses............... 414 294 155 248 413 385 745 661 892 Housekeeping supplies.................... 529 468 323 477 481 639 683 639 768 Laundry and cleaning supplies.......... 132 132 114 131 137 149 134 135 131 Other household products............... 263 229 153 238 225 330 350 336 376 Postage and stationery................. 133 107 55 108 119 160 199 167 260 Household furnishings and equipment...... 1,497 1,152 615 1,080 1,396 1,670 2,429 2,149 2,937 Household textiles..................... 113 88 54 68 124 127 180 181 176 Furniture.............................. 401 298 191 278 353 407 685 590 854 Floor coverings........................ 52 36 10 42 39 50 97 75 135 Major appliances....................... 196 166 108 168 185 203 277 250 327 Small appliances, miscellaneous housewares............................ 88 69 42 67 68 118 137 119 172 Miscellaneous household equipment...... 648 495 210 457 627 763 1,053 934 1,274 Apparel and services........................ 1,640 1,406 1,017 1,260 1,713 1,779 2,260 2,197 2,377 Men and boys............................. 372 326 242 293 384 437 491 478 513 Men, 16 and over....................... 282 241 160 213 295 341 389 377 412 Boys, 2 to 15.......................... 89 85 82 80 89 95 101 101 101 Women and girls.......................... 634 540 339 484 682 707 879 824 982 Women, 16 and over..................... 529 440 263 384 582 573 756 704 854 Girls, 2 to 15......................... 106 99 77 100 100 134 123 120 128 Children under 2......................... 81 74 68 73 79 71 102 108 92 Footwear................................. 294 280 250 250 341 285 329 336 315 Other apparel products and services...... 258 186 117 160 227 279 459 451 475 Transportation.............................. 7,781 6,954 4,412 7,296 7,265 9,380 10,068 9,717 10,694 Vehicle purchases (net outlay)........... 3,732 3,396 2,059 3,659 3,382 4,833 4,661 4,577 4,810 Cars and trucks, new................... 2,052 1,755 719 1,969 1,757 2,810 2,876 2,734 3,128 Cars and trucks, used.................. 1,611 1,584 1,310 1,653 1,562 1,875 1,689 1,742 1,594 Other vehicles......................... 68 58 c/ 30 38 63 148 96 101 c/ 88 Gasoline and motor oil................... 1,333 1,266 942 1,306 1,331 1,530 1,517 1,502 1,545 Other vehicle expenses................... 2,331 2,053 1,263 2,131 2,243 2,683 3,097 2,967 3,330 Vehicle finance charges................ 371 361 192 384 400 479 398 398 398 Maintenance and repairs................ 619 530 348 544 572 689 863 789 996 Vehicle insurance...................... 905 835 588 892 861 1,012 1,101 1,097 1,106 Vehicle rental, leases, licenses, other charges.............................. 436 328 135 311 411 503 735 682 830 Public transportation.................... 385 238 148 200 308 334 793 671 1,009 Health care................................. 2,416 2,193 1,797 2,287 2,249 2,439 3,031 2,812 3,420 Health insurance......................... 1,252 1,160 976 1,246 1,129 1,280 1,506 1,425 1,650 Medical services......................... 591 490 317 499 568 572 869 782 1,024 Drugs.................................... 467 450 445 447 444 482 510 474 575 Medical supplies......................... 107 93 59 95 108 105 145 131 171 Entertainment............................... 2,060 1,678 882 1,607 2,023 2,384 3,110 2,893 3,498 Fees and admissions...................... 494 312 91 285 415 517 1,000 932 1,121 Television, radios, sound equipment...... 730 656 441 661 750 780 934 885 1,021 Pets, toys, and playground equipment..... 378 328 166 372 332 431 516 467 604 Other entertainment supplies, equipment,and services.................. 457 382 183 289 526 656 661 609 752 Personal care products and services......... 527 453 305 436 518 592 725 694 781 Reading..................................... 127 90 42 83 118 125 230 194 294 Education................................... 783 492 102 328 859 776 1,587 1,339 2,029 Tobacco products and smoking supplies....... 290 342 342 380 305 318 144 158 119 Miscellaneous............................... 606 521 312 515 633 619 840 791 928 Cash contributions.......................... 1,370 952 574 990 1,043 1,248 2,529 2,307 2,922 Personal insurance and pensions............. 4,055 2,970 1,519 2,895 3,388 4,590 7,064 6,321 8,381 Life and other personal insurance........ 397 304 180 334 303 417 657 587 781 Pensions and Social Security............. 3,658 2,666 1,339 2,561 3,085 4,174 6,407 5,734 7,600 Sources of income and personal taxes: a/ Money income before taxes.................. 51,128 40,164 25,028 40,113 45,113 54,087 81,842 74,921 93,948 Wages and salaries....................... 41,200 31,336 16,485 30,708 36,439 46,089 68,833 64,418 76,555 Self-employment income................... 2,138 1,548 830 1,433 1,993 2,060 3,792 3,285 4,678 Social Security, private and government retirement................... 5,601 5,469 6,031 6,196 4,694 4,205 5,969 4,341 8,817 Interest, dividends, rental income, other property income................... 1,097 629 282 771 672 699 2,410 1,918 3,271 Unemployment and workers'' compensation, veterans'' benefits..................... 269 279 212 275 307 340 241 274 184 Public assistance, supplemental security, income, food stamps..................... 314 403 875 359 217 167 66 81 41 Regular contributions for support........ 343 334 163 258 524 408 368 445 233 Other income............................. 165 166 150 113 266 119 164 161 168 Personal taxes............................. 2,532 1,605 312 1,855 1,809 2,561 5,127 4,546 6,142 Federal income taxes..................... 1,843 1,132 113 1,386 1,257 1,799 3,835 3,381 4,630 State and local income taxes............. 502 330 124 310 415 533 983 890 1,144 Other taxes.............................. 187 144 75 158 137 229 309 275 367 Income after taxes......................... 48,596 38,558 24,716 38,258 43,304 51,525 76,716 70,375 87,806 Net change in total assets and liabilities... -14,376 -9,323 -2,720 -7,731 -12,708 -16,994 -28,379 -28,642 -27,911 Net change in total assets............... 6,451 4,581 2,391 4,043 6,924 4,435 11,632 11,561 11,758 Net change in total liabilities.......... 20,827 13,904 5,110 11,774 19,632 21,429 40,011 40,203 39,670 Other financial information: Other money receipts..................... 530 337 215 207 546 445 1,065 1,162 892 Mortgage principal paid on owned property................................ -1,565 -1,085 -533 -1,015 -1,231 -1,853 -2,893 -2,500 -3,590 Estimated market value of owned home..... 122,059 94,276 64,815 96,243 101,780 119,418 199,052 183,174 227,201 Estimated monthly rental value of owned home.................................... 750 614 429 635 646 781 1,126 1,034 1,287 Gifts of goods and services................. 1,007 700 380 645 871 993 1,840 1,541 2,381 Food..................................... 78 52 17 54 62 78 147 131 178 Alcoholic beverages...................... 16 13 7 7 22 21 25 18 39 Housing.................................. 220 157 93 146 186 225 391 336 491 Housekeeping supplies.................. 42 31 10 32 33 58 68 49 103 Household textiles..................... 13 9 2 7 12 19 23 17 34 Appliances and miscellaneous housewares........................... 25 18 9 13 24 32 42 40 46 Major appliances..................... 7 6 4 3 13 3 8 8 9 Small appliances and miscellaneous housewares......................... 18 11 5 10 11 29 34 32 38 Miscellaneous household equipment...... 57 40 23 41 48 52 100 99 102 Other housing.......................... 85 59 49 54 69 65 158 131 206 Apparel and services..................... 225 185 122 174 222 236 331 325 344 Males, 2 and over...................... 56 45 33 36 58 67 82 70 107 Females, 2 and over.................... 80 66 42 63 79 82 118 119 116 Children under 2....................... 39 34 25 37 35 32 52 51 54 Other apparel products and services.... 50 40 23 38 49 55 79 86 68 Jewelry and watches.................. 26 16 5 19 15 23 54 63 39 All other apparel products and services............................ 25 25 18 19 34 32 25 23 28 Transportation........................... 60 50 5 28 89 97 87 72 115 Health care.............................. 48 42 49 35 56 18 64 58 76 Entertainment............................ 69 59 33 59 67 88 95 90 104 Toys, games, hobbies, and tricycles.... 26 26 13 27 30 33 27 27 28 Other entertainment.................... 43 34 20 33 37 55 68 64 75 Personal care products and services...... 16 13 6 15 13 15 24 26 20 Reading.................................. 1 1 b/ 1 1 1 2 2 3 Education................................ 200 74 11 70 91 153 546 356 884 All other gifts.......................... 74 55 37 56 63 62 127 127 128 a Components of income and taxes are derived from "complete income reporters" only; see glossary. b Value less than 0.5. c Data are likely to have large sampling errors. n.a. Not applicable.