There is a sharp increase in vehicle ownership once income surpasses 50,000 U.S. dollars. The high running costs of owning a car makes it very difficult for low income earners to have their own vehicle. The annual salary of those in the lowest income group shown would not cover the cost of the average second hand car.
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Infutor. (October 12, 2021). U.S. car owners as of 2021, by income group [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1041177/us-car-owners-by-income-group/
Infutor. "U.S. car owners as of 2021, by income group." Chart. October 12, 2021. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1041177/us-car-owners-by-income-group/
Infutor. (2021). U.S. car owners as of 2021, by income group. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1041177/us-car-owners-by-income-group/
Infutor. "U.S. Car Owners as of 2021, by Income Group." Statista, Statista Inc., 12 Oct 2021, https://www.statista.com/statistics/1041177/us-car-owners-by-income-group/
Infutor, U.S. car owners as of 2021, by income group Statista, https://www.statista.com/statistics/1041177/us-car-owners-by-income-group/ (last visited December 21, 2024)
U.S. car owners as of 2021, by income group [Graph], Infutor, October 12, 2021. [Online]. Available: https://www.statista.com/statistics/1041177/us-car-owners-by-income-group/
