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How large is the U.S. Gay and Lesbian market?
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Kinsey says about 18.75 million.
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Simmons says about 21 million.
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NORC says about 15 million.
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These three sources averaged out equal 18.25 million.
· Gay-Friendly companies and purchasing behavior
Almost half of respondents agreed that when deciding whether or not to buy a product or service, they try to find out whether or not the company is gay-friendly.
· More than 8 out of 10 respondents agreed that they were more likely to buy products or services from companies they knew were gay-friendly.
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FACTS ABOUT THE GAY COMMUNITY.
$75,000 . Average Single Household Income
82% Make purchases based on gay media advertising
76% Attend College
32% Hold post-graduate degrees
63% Own their own home or condo
24% Own vacation homes
$196,000 Average home value
74% Have traveled domestically in the past 12 months
41% Have traveled internationally in the past 12 months
89% Have stayed in a hotel in the past 12 months
86% Eat out 7 or more times a month
38% See at least 2 first run feature films a month
$1,890 Average amount spent on clothing per year
77% Purchase 5 or more books per years
79% Own a personal computer
73% Use or subscribe to an online service
79% Own a CD player
63% Own a DVD player
88% Subscribe to cable or Direct TV
82% Have a cell phone
77% Own one or more pets
86% Own their own car
( Information provided by Simmons Gay Consumer Demographic Profile)