Search Twitter Facebook Digital HFBusiness Magazine Pinterest Google

Get the latest industry scoop


Daily News

From Home Furnishing Business

FastFact: Percentage of Income Spent on Furniture Holds Steady

The percentage of income spent on furniture and related equipment varies little among U.S. households, despite a wide range of household incomes, according to data from the Consumer Expenditure Survey by the Bureau of Labor Statistics.

The survey showed that households with incomes of less than $20,000 spend 2.6 percent of their income on furniture and related products, while the top 20 percent of U.S. households – those with incomes of $105,000 and above – spend just 3.3 percent.

The 3.3 percent figure also is valid for households with incomes of $38,000 to $63,800, according to the survey.

For a detailed look at the numbers, click here.

b i u quote

Enter the code shown above in the box below.
Save Comment

Showing 0 Comment

Performance Groups
HFB Designer Weekly
HFB Got News
HFB Got News
HFB Designer Weekly