Get the latest industry scoop

Factoids

Factoids offer brief snapshots of current topics pertinent to the Furniture industry based on our on-going research. Increase your grasp of current trends, consumer attitudes, and shifts within the industry through solid statistics and concise insight.

View Factoid Library

Factoids

Prime Furniture Purchasing Income Groups Average Annual Furniture Expenditures (Households)by Income Group: 2013Q2

May 9, 2014 by in General

When it comes to average annual furniture purchases, households making $150,000 and over are spending exponentially more than lower income households. With an average annual expenditure of $1,311 in 2013Q2, the $150,000 and over group (just 9.5% of the total furniture buying population) is spending almost double those households making between $100,000 to $149,000.

Source: U.S. Department of Labor, “Consumer Expenditure Survey” and Impact Consulting model.

Comments are closed.

Showing 1 Comment

[Trackback] 9 years ago

Trackback from Domain: furniturecore.com

FastFact: Top Income Tier Spends Double on Furniture than Next Group http://furniturecore.com/HFBusiness/HFBNow/ArticleID/11491/fastfact-top-income-tier-spends-double-on-furniture-than-next-group2.aspx