peruricanprincess peruricanprincess
  • 25-01-2021
  • Social Studies
contestada

The larger share of Americans income is allocated to spending on

Respuesta :

andriansp andriansp
  • 26-01-2021

Answer:

Housing

Explanation:

On average, Housing takes up around 22% of the people's income in United States.  Followed by Household needs and insurance with  9% and 8% of the income fraction.

This data only  applicable to average Americans. Those who have high income bracket usually only spend very small portion of their income across the board and can put most of them into investments or saving.

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