Calculations for Paper
	All Consumer Units	Lowest 20%	Second 20%	Middle 20%	Fourth 20%	Highest 20%
Income Before Taxes	$84,352	$13,219	$34,550	$59,422	$97,221	$218,191
Average Annual Expenditures	$61,334	$28,724	$39,890	$51,543	$71,942	$114,840
Please enter the percentage of expenditures spent on each category below
Food	11.9	14.3	13.5	12.2	11.9	10.7
Housing	34.9	42.9	39.5	35.9	33.2	31.9
Apparel and services	2.34	2.65	2.16	2.45	2.03	2.46
Transportation	16.0	15.2	15.6	17.8	17.5	14.6
Health Care	8.44	9.66	10.4	9.63	8.46	6.91
Please enter the percentage of expenditures spent on each category below
Alcoholic beverages	0.78	0.52	0.59	0.72	0.71	0.98
Entertainment	4.75	4.15	4.75	3.95	4.88	5.17
Personal care products and services	1.05	1.05	1.14	1.11	1.02	1.02
Reading	0.19	0.24	0.22	0.19	0.16	0.18
Education	2.07	2.22	0.91	1.32	1.58	3.09
Miscellaneous	1.48	1.46	1.58	1.52	1.58	1.37
Cash contributions	3.72	2.61	3.42	3.49	3.99	4.05
Personal insurance and pension	11.8	2.12	5.30	8.95	12.5	17.4

Consumer Expenditure Analysis

Q3 - Change in Spending

The mean household income in Polk County is about $52,000. Assume you were the head of a household comprising four people in Polk County earning the mean income of $52,000 before tax. Also, assume that you will pay 10% in taxes which leaves you with $47,000 of disposable income. That will place you in the middle quintile. Look at the expenditures of the people in the middle quintile. Suggest how you might have changed your spending to deal with a situation like Covid-19, which would have temporarily reduced your income.