U.S. average annual home improvement spending

September 10, 2011 at 6:25PM

U.S. AVERAGE ANNUAL HOME IMPROVEMENT SPENDING

2000: $2,128 2007: $2,950(39 percent increase)

2009: $2,432(18 percent decline )

A VIEW OF OTHER MARKETS

Though many Minnesotans are scaling back remodeling projects, Minneapolis residents were big spenders through 2009, at least compared with other major cities.

Metro areas where homeowners spent the most:

1. San Jose: $4,885

2. Boston: $4,583

3. Minneapolis: $4,357

4. San Diego: $4,348

5. Los Angeles: $4,319

6. Sacramento: $4,271

7. San Francisco: $3,983

8. Washington: $3,548

9. New York: $3,454

10. Seattle: $3,314

Source: Joint Center for Housing Studies at Harvard University Note: Data is an annual average in 2009 dollars from 2001-2009

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