86.9 million US households (66%) own pets in 2023. Dogs are most popular pets, owned by 65.1 million households. Millennials make up 33% of current pet owners. Pet industry spent $147 billion in 2023. Initial year of pet ownership costs up to $1,030
Pets can live over 10 years and require significant financial commitment. 66% of U.S. households own pets, with 65 million dogs and 46.5 million cats. Annual pet ownership costs range from hundreds to thousands of dollars