Dog homeowners spend the most on veterinary care ($367 per year), food ($339 per year) and grooming ($99 per year). Households spent an average of $326 on veterinary care in 2020 , which accounted for 33% of whole spending on household pets. While the variety of pet owning households elevated between 2016 and 2020, pet owners have been extra prone to own a smaller variety of pets. The share of pet house owners in the U.S. spiked over the past 35 years, based on pet owner statistics analyzed by Forbes Advisor. Millennials make up the most important proportion of present pet homeowners (33%), adopted by Gen X (25%) and baby boomers (24%).
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- In truth, 85% of canine owners and 76%