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Facts to Clip and Quote: What Families Pay for Child Care
How much of a families' income is spent on child care expenses? Turns out it depends on the family's earning level. Higher earning families spend about 6% of their total income on child care expenses, while low-earning families spend, on average, 16% of their income on child care expenses. (In this study, low-earning was defined as those with monthly earnings less than or equal to 200% of the applicable poverty threshold for that family's size, in 1997.) Child Care Expenses by Family Earnings
Source: Child Care Expenses of America's Families, Urban Institute, 2001. Facts in Action, July 2004 |
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