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debate this folks...Page 8 of the latest boat US mag

Old 11-26-2016, 06:42 AM
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Default debate this folks...Page 8 of the latest boat US mag

I get the "free" boat US magazine and the outgoing editor whatever states that 75 % of all boaters come from households of less then 100k a year. Really? 75% seems like a huge number of folks...but is this for real? anyone have some numbers?
AGI numbers for my wife and I would be maybe close but state by state that number is going to vary. Just curious is all. A lot of damn nice boats floating around Florida and can't grasp 3/4 of them are boat loan poor scraping by on sub 100k.
Old 11-26-2016, 06:44 AM
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How many 5k skiffs and $1,200 aluminum jon boats are sitting out there.


Now families that put 50+ hours on their boats per year......I bet that % comes down quickly.
Old 11-26-2016, 06:47 AM
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Originally Posted by thefuzz View Post
How many 5k skiffs and $1,200 aluminum jon boats are sitting out there.


Now families that put 50+ hours on their boats per year......I bet that % comes down quickly.
This ^^^
Old 11-26-2016, 06:47 AM
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100% of numbers can be turned into any statistic you need to prove a point.

100% of smokers die. Smoking is bad.

See.
Old 11-26-2016, 06:53 AM
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Considering that MORE families in the US fall into this category than any other, it's only a little surprising, at best.
Old 11-26-2016, 06:53 AM
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Anyone can make up their own statistics. 94% of people know that.


I would agree with that statement made by the magazine though. The average outboard engine size sold is 115hp. Many people has small cheap boats.
Old 11-26-2016, 06:55 AM
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Originally Posted by thefuzz View Post
How many 5k skiffs and $1,200 aluminum jon boats are sitting out there.

This. Everyone seems to forget all of the little guys out on lakes and streams across America. Boating isn't just for rich guys at the sandbar in Miami.

And people with creative financing. There are also lot of those too...
Old 11-26-2016, 07:14 AM
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There are a lot of us sub 21' boaters out there. A 31' regulator is use less when you are land locked, unless you're on the great lakes. I can afford 10 gallons of gas a day, 100 gallons not so much. Out 17' is perfect and we have 6 lakes inside an hour of us. Easier to tow, launch, retrieve and maintain. Oh and it's paid for!
Old 11-26-2016, 07:25 AM
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As stated, there are a lot of little boats out there. Even when I was in college, I had a little 12 foot boat, and outboard motor. Then, upon graduation, I upgraded to a 13 whaler, which was upgraded to a 15 hobie power skiff just a few years ago.

Plus, there are tons of nice boats, which in many cases are owned by people with businesses- nudy bars, restaurants, plumbers, stuff like that. Years and years ago, I mowed the lawn for a guy that was an electrician, the wife had just gotten a new minivan and I complimented her on it, and she mentioned that they had sold the old van to her husbands pilot- apparently the guy had an airplane that took him to his sites. There are lots of hard working people that buy nice stuff, and they don't fit into the 9-5 salary scheme.
Old 11-26-2016, 11:42 AM
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Also don't forget if you are looking at the boats running around S. Florida there is a lot of out of town money, local high net worth individuals, remnants of the drug days, and retired folks down here - so those big Contenders and Sea Vees are a little more common.

Should also point out that, that when we are out and about we tend to notice the nice boats more than the run of the mill boats ... Kinda like going to Whole Foods - you remember the mega hotties, and the average girls just kinda blend into the scenery.

Last edited by aalbert; 11-26-2016 at 01:44 PM.
Old 11-26-2016, 12:14 PM
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All of the above. With used boats and little boats lots of folks can afford to get on the water, which is a good thing I think.
Old 11-26-2016, 12:25 PM
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Years ago Michigan fell to second place for most boats registered, beat by much more populous California. There aren't huge numbers of 30+ foot boats here, but nearly everyone has a little outboard boat. We are probably skewing the numbers.
Old 11-26-2016, 02:55 PM
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Originally Posted by trimnyc View Post
100% of numbers can be turned into any statistic you need to prove a point.

100% of smokers die. Smoking is bad.

See.
"There are three kinds of lies: lies, damned lies, and statistics."
Old 11-26-2016, 06:35 PM
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Don't forget all the pontoon owners.
Old 11-26-2016, 07:02 PM
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I run a powered "canoe" and "Make" less than $500 a year

I live and eat with friends ... life IS good ...LoL
Old 11-26-2016, 07:06 PM
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I helped to skew that stat. I have 5 little boats and make less than 100k (retired). ... And you might be surprised how many hours I can be on the water with my flotilla, so I bust the 50 hours filter too.
Old 11-26-2016, 07:35 PM
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A few years back I owned (out-right, no loan) a $100K 38 ft cigarette boat while making roughly $100K per year. Stay-at-home wife and 3 kids at home too. Did it by buying/re-reselling repo'd boats for a few years and building up boat "equity" until I owned what I really wanted to have. All those hours working on those boats and the "income" from selling them for a profit never showed up on my W-2's

Ironic I now make over that $100k number but have a 21ft CC.
Old 11-26-2016, 07:37 PM
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Originally Posted by t500hps View Post
A few years back I owned (out-right, no loan) a $100K 38 ft cigarette boat while making roughly $100K per year. Stay-at-home wife and 3 kids at home too. Did it by buying/re-reselling repo'd boats for a few years and building up boat "equity" until I owned what I really wanted to have. All those hours working on those boats and the "income" from selling them for a profit never showed up on my W-2's

Ironic I now make over that $100k number but have a 21ft CC.

Older, wiser.
Old 11-27-2016, 09:34 AM
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Also, depends on how important boating is to the family. It is very important to ours. We don't take cruises, our vacations are centered on using our boat. When put in that perspective, the cost of a couple cruises easily covers the cost of annual expenses for the boat.
Old 11-27-2016, 09:51 AM
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Originally Posted by zippydog View Post
I get the "free" boat US magazine and the outgoing editor whatever states that 75 % of all boaters come from households of less then 100k a year. Really? 75% seems like a huge number of folks...but is this for real? anyone have some numbers?
AGI numbers for my wife and I would be maybe close but state by state that number is going to vary. Just curious is all. A lot of damn nice boats floating around Florida and can't grasp 3/4 of them are boat loan poor scraping by on sub 100k.
If you saw the people who use our local boat launches, you'd be surprised the number is only 75%. There are more boats registered in Michigan than in Florida.

Last edited by yarcraft91; 11-27-2016 at 10:03 AM.

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