In 2022, the average expenditure on owned vacation homes in the United States amounted to 290.61 U.S. dollars per consumer unit. This represented an increase of approximately 21 U.S. dollars compared to the previous year.
Average annual expenditure on owned vacation homes per consumer unit in the United States from 2007 to 2022
(in U.S. dollars)
A consumer unit consists of any of the following: (1) All members of a particular household who are related by blood, marriage, adoption, or other legal arrangements; (2) a person living alone or sharing a household with others or living as a roomer in a private home or lodging house or in permanent living quarters in a hotel or motel, but who is financially independent; or (3) two or more persons living together who use their incomes to make joint expenditure decisions. Financial independence is determined by spending behavior with regard to the three major expense categories: Housing, food, and other living expenses. To be considered financially independent, the respondent must provide at least two of the three major expenditure categories, either entirely or in part. Data are diary-based. The shown figures are based on unpublished data from the Consumer Expenditure Survey conducted by the Bureau of Labor Statistics. Figures are available upon request. Figures prior to 2022 have been taken from previous publications.
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Bureau of Labor Statistics. (August 9, 2023). Average annual expenditure on owned vacation homes per consumer unit in the United States from 2007 to 2022 (in U.S. dollars) [Graph]. In Statista. Retrieved November 19, 2024, from https://www.statista.com/statistics/468063/us-consumer-spending-on-owned-vacation-homes/
Bureau of Labor Statistics. "Average annual expenditure on owned vacation homes per consumer unit in the United States from 2007 to 2022 (in U.S. dollars)." Chart. August 9, 2023. Statista. Accessed November 19, 2024. https://www.statista.com/statistics/468063/us-consumer-spending-on-owned-vacation-homes/
Bureau of Labor Statistics. (2023). Average annual expenditure on owned vacation homes per consumer unit in the United States from 2007 to 2022 (in U.S. dollars). Statista. Statista Inc.. Accessed: November 19, 2024. https://www.statista.com/statistics/468063/us-consumer-spending-on-owned-vacation-homes/
Bureau of Labor Statistics. "Average Annual Expenditure on Owned Vacation Homes per Consumer Unit in The United States from 2007 to 2022 (in U.S. Dollars)." Statista, Statista Inc., 9 Aug 2023, https://www.statista.com/statistics/468063/us-consumer-spending-on-owned-vacation-homes/
Bureau of Labor Statistics, Average annual expenditure on owned vacation homes per consumer unit in the United States from 2007 to 2022 (in U.S. dollars) Statista, https://www.statista.com/statistics/468063/us-consumer-spending-on-owned-vacation-homes/ (last visited November 19, 2024)
Average annual expenditure on owned vacation homes per consumer unit in the United States from 2007 to 2022 (in U.S. dollars) [Graph], Bureau of Labor Statistics, August 9, 2023. [Online]. Available: https://www.statista.com/statistics/468063/us-consumer-spending-on-owned-vacation-homes/
