Consumer Spending in erie county

Consumer Spending

Analysis Categories

What does this measure?

Consumer spending by category, per household by ZIP

Why is this important?

Consumer spending across the included categories gives a perspective on the cost of living. Conducting the analysis at the ZIP code level provides further insight into the communities and disparities among the varying geographic areas present in the county.

How is Erie County doing?

Housing remains the highest cost for county residents, at a 29.8% yearly average of consumer dollars spent. In general, spending per category followed ZIP code total spending proportionally to the County averages.The lowest concentration of spending geographically occurs in downtown Erie, with average consumer spending at $30,415 for the year as compared to the County average of $53,591 (across all categories).

EVS Indicators

EVS analyzes the data in each topic category using indicators, which report a targeted and digestible number, rate, or amount to represent Erie County as a whole. While this does not cover every aspect of the topic, it assists in establishing Erie's performance relative to the prior year(s). The indicators for the Economy: Spending topic are:

This indicator measures percent of consumer spending which all Erie County households spend per year on tourism (airfare, vehicle rental, lodging, food/drink, entertainment on trips) for latest data year. The trend for Tourism Spending as is maintaining from 2016 to 2017. Tourism spending reflects 3.2% of Erie County average annual household spending.

 

This indicator measures percent of consumer spending which all Erie County residents spend per year on housing costs, for latest data year. The trend for Housing Costs as a Percentage of Spending is up and worse from 2016 to 2017, with a reported increase  of +0.03% within the County, representing an average of $15,939.

How does Erie compare to its Peers?


How does Erie compare to Pennsylvania?

About this Data

Data from the Census Business Builder: Regional Analyst Edition as of 2017. Spending information on a consumer expenditures per household.