Table 2
Budget shares of major spending categories by income quintile, 2012
Budget shares of major spending categories by income quintile, 2012
| |
Lowest quintile |
Second quintile |
Third quintile |
Fourth quintile |
Highest quintile |
| |
dollars | dollars | dollars | dollars | dollars |
| Average household expenditures |
29,921 |
43,507 |
64,008 |
88,061 |
151,506 |
| |
shares of spending (%) | shares of spending (%) | shares of spending (%) | shares of spending (%) | shares of spending (%) |
| Food |
14.1 |
13.6 |
11.4 |
10.2 |
8.1 |
| Shelter |
32.5 |
26.9 |
22.6 |
20.8 |
16.4 |
| Clothing and accessories |
5.2 |
5.3 |
4.9 |
4.4 |
4.2 |
| Transportation |
13.8 |
16.0 |
17.2 |
16.0 |
13.1 |
| Income taxes |
1.1 |
5.3 |
10.8 |
15.6 |
27.7 |
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