What's the average income of an RV owner?
The typical RV owner is 48 years old, married, and has an above-average annual household income of $62,000. If your family is in that average of $62,000 per year income range, then your annual family vacation budget is likely $3,100-$6,200, or more.
Perceptions and demographics are changing
"The RV industry has been consistently growing year after year. In the last few years, the industry has seen millennials living in RVs, retirees swapping to the RV life, and the age 35-55 crowd taking a larger market share than the typical 60+ buyers." According to the wanderingrv.com, where they also shared the following stats:
40 million people in the U.S. go RV camping, drive around 4,500 miles each year in their RV and take at least 3 trips with their RV
38% of RV owners are millennials
54% of all owners bring their pets with them
Calculating the cost of owning an RV
You will find a zillion blogs about the cost of owning an RV. However, the one thing to remember is the possibilities are almost endless. Do your research, talk to your local dealer, join a couple of the many Facebook RV Camping Groups out there. To get you started, we thought this blog, How Much Does It Really Cost to Own an RV? by AxelAddict.com, provided a thorough overview of the options to consider and how to calculate or estimate all things related to RV ownership.