How much do people spend on their dogs annually?
Annually, owners spend an average of around $1,380 on pet dogs’ basic expenses. At 63.4%, dogs make up the majority of pets in US households. Data from APPA’s pet spending statistics per year on dogs reveal that owning a dog costs an average of $1,380 in basic expenses annually.
How much does the average American spend on pets per year?
In total, Americans spent $72.56 billion on their pets—4% more than the $69.51 billion spent in 2017. The bulk of the money spent on pets was for food, with spending hitting $30.32 billion in 2018, compared to $29.07 billion in 2017—a 4.3% increase.
What do pet owners spend the most money on each year?
The pet business is booming as Americans spend more on their animals while they work from home. The American Pet Products Association projects Americans to spend a record-high $99 billion this year on all things pet, ranging from food to veterinary care.
Which age group has the most dogs?
Those in the 18- to 34-year-old age group already have the highest likelihood of owning a pet, while 43% of those in this key demographic cohort who do not have a pet now say they want one in the future. Aging Boomers offer another, perhaps unexpected, bright spot for the American pet industry.
How many Americans own a dog or cat?
Companion animals
| Dogs | Cats | |
|---|---|---|
| Percent of households owning | 38.4 | 25.4 |
| Number of households owning | 48,255,413 | 31,896,077 |
| Average number owned per household | 1.6 | 1.8 |
| Total number in United States | 76,811,305 | 58,385,725 |
Are there more cats or dogs in the US?
The answer to the first question is, yes, cats are more popular as pets than dogs. In the U.S., more households have dogs than cats – 36.5 percent vs. 30.4 percent; however, there are more cats as pets – nearly 75 million cats vs. nearly 70 million dogs.