Civic ForecastHubs

The average household spent 87.9% of what it kept after tax (2023)

Average household spending was $77,280 in 2023, against $87,869 of income after taxes. That leaves $10,589 a year unspent. Civic Forecast calculation from the Bureau of Labor Statistics Consumer Expenditure Survey, both halves the same year. CE under-reports income, so this runs high; it is an average across all households.

Induced by API Automations for Civic Forecast from federal open data. Each finding names the datasets it was computed from. How this is calculated.

Civic ForecastWages and prices2023