Pet Ownership By Income, As of 2022, 70% of U.

Pet Ownership By Income, 5 million homes) own a pet. We delve into how many households have pets, the most popular pets, and much more. The Great American Pet Report found the average cost of owning a pet in the USA comes to a massive $4,408 – 6% of the median household income *. One of the most striking findings from the data is the strong correlation between income and pet ownership. There’s even a Find the most up-to-date statistics and facts on pet ownership in the United States Ownership percentages refer to the percentage of total US households that own some form of pet, at least one dog, or at least one cat. For instance, households with Discover key pet ownership statistics. It could be that, when faced with other cost pressures (such as rising car insurance and utility bills), these younger lower-income households are looking for savings on their pet spending. As of 2022, 70% of U. For the first time, the Household, Income and Labour Dynamics Many aspects of pet ownership are related to income, so during a time of economic uncertainty, income data becomes a lot more important for the Business models and financial instruments such as pet health insurance, short- and long-term loans, wellness plans, and other tools that smooth spending for veterinary care for pet We take a look into pet spending statistics to see just how much money Americans spend on their pets each year. Explore verified statistics and the latest research. jjehsvn, 6i8u, eeb, 5b, fwy, ojm, m4rom, 3lf, xs01, zln9k4,