Federal Reserve Economic Data

Under Age 25

Consumer Unit Characteristics


The Consumer Expenditure Surveys (CE) program provides data on expenditures, income, and demographic characteristics of consumers in the United States. CE data are primarily used to revise the relative importance of goods and services in the market basket of the Consumer Price Index.

The CE surveys collect data that fall into one of the following major expenditure categories: Alcoholic beverages, Apparel and services, Cash contributions, Education, Entertainment, Food, Healthcare, Housing, Miscellaneous, Personal care products and services, Personal insurance and pensions, Reading, Tobacco products and smoking supplies, and Transportation.


   

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    1984    
 
 
    2024
Name Period Value Preceding
Period
Year Ago
from Period
Units
Income After Taxes
. . U.S. Dollars . U.S. Dollars . U.S. Dollars U.S. $
Number of Consumer Units
2024 6,700 Thousands 6,041 Thousands 6,041 Thousands Thous.
Income Before Taxes
2024 48,514 U.S. Dollars 56,107 U.S. Dollars 56,107 U.S. Dollars U.S. $
Age of Reference Person
2024 21.7 Years of Age 21.8 Years of Age 21.8 Years of Age Years of Age
Number of People in CU
2024 1.9 Number 2.0 Number 2.0 Number Number
Number of Children Under 18
. . Number . Number . Number Number
Adults 65 and Older
. . Number . Number . Number Number
Number of Earners
2024 1.4 Number 1.5 Number 1.5 Number Number
Number of Vehicles
2024 1.2 Number 1.2 Number 1.2 Number Number
Percent Men Reference Persons
2024 52 Percent 49 Percent 49 Percent %
Percent Women Reference Persons
2024 48 Percent 51 Percent 51 Percent %
Percent Homeowner
2024 10 Percent 15 Percent 15 Percent %
Percent Homeowner with Mortgage
2024 5 Percent 9 Percent 9 Percent %
Percent Homeowner without Mortgage
2024 5 Percent 6 Percent 6 Percent %
Percent Renter
2024 90 Percent 85 Percent 85 Percent %
Percent Black or African American
2024 15 Percent 12 Percent 12 Percent %
Percent White, Asian, and All Other Races
2024 85 Percent 88 Percent 88 Percent %
Percent Hispanic or Latino
2024 27 Percent 27 Percent 27 Percent %
Percent Not Hispanic or Latino
2024 73 Percent 73 Percent 73 Percent %
Percent Elementary (1-8)
2024 2 Percent 1 Percent 1 Percent %
Percent High School (9-12)
2024 31 Percent 36 Percent 36 Percent %
Percent College
2024 67 Percent 63 Percent 63 Percent %
Percent Never Attended School and Other
. . Percent . Percent . Percent %
At Least One Vehicle Owned or Leased
2024 73 Percent 72 Percent 72 Percent %
   

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