Elderly spend greatest share on housing
May 28, 2002
Households headed by someone 75 or older spent a higher share of their expenditures on housing than any other age group in 1999.
The 75-and-older group spent 35.9 percent of expenditures on housing, compared with 32.6 percent for all households. The 25-to-34 age group allocated the second largest share of expenditures to housing—34.6 percent.
Those under age 25 allocated the smallest share for housing, at 30.3 percent of annual expenditures. Households headed by a person aged 55 to 64 spent 30.7 percent of their budget on housing.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Elderly spend greatest share on housing on the Internet at http://www.bls.gov/opub/ted/2002/may/wk4/art01.htm (visited July 03, 2015).
Recent editions of Spotlight on Statistics
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.