Almost a third of consumers who were attributed a Clean Vehicle Assistance Program grant earned less than 25,000 U.S. dollars per year, making it the largest gross annual income category for grantees. Overall, most grantees earned below 55,000 U.S. dollars annually. The average transaction price for new electric vehicles was among the highest for new vehicles in the United States, at over 60,000 U.S. dollars.
Breakdown of the yearly household income for Clean Vehicle Assistance Program grantees in California between 2018 and 2022
The source specifies that "Gross annual income is defined as the amount of money a person or household earns in one year before taxes, deductions, or expenses. This includes both taxable and nontaxable income courses."
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Clean Vehicle Assistance Program. (February 15, 2023). Breakdown of the yearly household income for Clean Vehicle Assistance Program grantees in California between 2018 and 2022 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1380875/california-distribution-of-cvap-grantees-by-gross-annual-income/
Clean Vehicle Assistance Program. "Breakdown of the yearly household income for Clean Vehicle Assistance Program grantees in California between 2018 and 2022." Chart. February 15, 2023. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1380875/california-distribution-of-cvap-grantees-by-gross-annual-income/
Clean Vehicle Assistance Program. (2023). Breakdown of the yearly household income for Clean Vehicle Assistance Program grantees in California between 2018 and 2022. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1380875/california-distribution-of-cvap-grantees-by-gross-annual-income/
Clean Vehicle Assistance Program. "Breakdown of The Yearly Household Income for Clean Vehicle Assistance Program Grantees in California between 2018 and 2022." Statista, Statista Inc., 15 Feb 2023, https://www.statista.com/statistics/1380875/california-distribution-of-cvap-grantees-by-gross-annual-income/
Clean Vehicle Assistance Program, Breakdown of the yearly household income for Clean Vehicle Assistance Program grantees in California between 2018 and 2022 Statista, https://www.statista.com/statistics/1380875/california-distribution-of-cvap-grantees-by-gross-annual-income/ (last visited November 22, 2024)
Breakdown of the yearly household income for Clean Vehicle Assistance Program grantees in California between 2018 and 2022 [Graph], Clean Vehicle Assistance Program, February 15, 2023. [Online]. Available: https://www.statista.com/statistics/1380875/california-distribution-of-cvap-grantees-by-gross-annual-income/
