From: Tim Glaze <tglaze@erinet.com>
Subject: looking for Expenditure verses Income Level statistics
Date: Thu, 06 Aug 1998 08:45:16 -0700
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I was hoping someone might be able to help me locate statistics showing expenditures as a percent of income for various income levels. I have looked in the Statistical Abstract of the United States (http://www.census.gov/prod/www/abs/cc97stab.html). It has great detail of average expenditures for various regions and family size, but not expressly for income levels. My thought would be that people would pay proportionally more ($) on housing as their income rises, giving a (more or less) constant percent verses income level. While the amount of food ($) would increase as income rises, it would not increase proportionally. Thus higher income levels would spend less percent of their income for food. Has anyone run across such statistics or know where I might look? Thanks for any suggestions. tim glaze - -
Next Article (by Author): capital gains tax, renting vs. owning ldavis@ix.netcom.com (Lynn R Davis)
Previous Article (by Author): IRA expenses part of contributions, or separable? Stephen Brodeur
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