From: Baltimore Regional Partnership 12/9/2000 Newsletter
TRANSPORTATION SECOND BIGGEST ITEM IN HOUSEHOLD BUDGET
A report released November 30 by the Surface Transportation Policy Project (STPP) finds that households in the
The report, "Driven to Spend," compiled data from the Consumer Expenditure Survey of the U.S. Bureau of Labor Statistics, and found that the poorest fifth of Americans pays a significantly larger percentage of income -- 36 percent—on transportation.
The report shows that 98 percent of day-to-day transportation costs are associated with owning and operating an automobile and that three quarters of those expenses, such as loan and insurance payments, tend to be unrelated to how often or far the car is driven.
The report points out that the most effective way to reduce household transportation costs is to own fewer cars, but that such a choice requires other transportation options to be available.
The report also cautions families that seek so save money on housing by investing in a cheaper house further out in a metropolitan area, pointing out that such a choice may lead to unavoidably larger transportation costs.
Among the report's recommendations is greater government investment in public transportation, bicycle facilities, and walkable neighborhoods, rather than increased highway capacity in outer suburban areas. T
he report also urges employers to provide free or subsidized transit passes to their employees, taking advantage of federal tax incentives and local measures such as
Full text of report available at http://www.transact.org/.
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Summary
Ranking: 26
Portion of Family Budget Devoted to Transportation: 14.7%
Annual Household Spending on Transportation: $5,236
Total Household Expenditures on Transportation in
Breakdown of Transportation Expenditures
Annual Household Spending | Percent of Total Transportation Expenditures | |
Vehicle Purchases | $2,236 | 42.7% |
Other Vehicle Expenses | $1,956 | 37.4% |
Gasoline and Motor Oil | $952 | 18.2% |
Public Transportation | $92 | 1.8% |
Breakdown of All Household Expenditures
Households in
Annual Household Spending | Percent of Total Household Expenditures | |
TRANSPORTATION | $5,236 | 14.7% |
Shelter | $7,304 | 20.5% |
Food | $4,793 | 13.5% |
Utilities | $2,361 | 6.6% |
Other Household | $2,285 | 6.4% |
Insurance & Pensions | $4,773 | 13.4% |
Health Care | $1,600 | 4.5% |
Entertainment | $1,830 | 5.1% |
Apparel & Services | $1,650 | 4.6% |
Education | $657 | 1.8% |
Miscellaneous | $2,806 | 7.9% |
Transportation Choice
Transportation Facts for
Annual miles traveled by car per household: 20,170 miles
Percentage of trips taken by car: 82.2%
Percentage of trips taken by transit: 2.6%
Percentage of trips taken by foot: 8.1%
Percentage of trips taken by bicycle: 0.2%
Area covered is Primary Metropolitan Statistical Area (PMSA).
For boundaries, visit http://www.census.gov/geo/www/mapGallery/ma_1999.pdf
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