Table 1
Budget shares of major spending categories by income quintile, 2010
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Lowest quintile | Second quintile | Third quintile | Fourth quintile | Highest quintile | |
---|---|---|---|---|---|
dollars | |||||
Average household expenditures | 28,583 | 42,205 | 60,946 | 81,908 | 139,001 |
shares of spending (%) | |||||
Food | 14.4 | 13.7 | 11.4 | 10.7 | 8.3 |
Shelter | 32.3 | 26.3 | 23.8 | 20.7 | 16.7 |
Clothing and accessories | 5.1 | 5.4 | 5.0 | 5.1 | 4.5 |
Transportation | 15.6 | 17.6 | 17.2 | 16.5 | 13.7 |
Income taxes | 0.8 | 5.2 | 10.4 | 15.4 | 27.5 |
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