Vacation Stats: American Households To Spend About $1,200 Per Person on Summer Vacations

We had spotted some interesting stats on the amount spent on coffee and the amount spent on lunch - we spotted this today:

"American households expect to spend about $1,200 per person on summer vacations, according to a just released American Express survey.
Assuming a median household income of roughly $50,000 a year and an average household size of two to three people, that translates to an estimate of 5% to 7% of income going toward vacations."

Statistics Source: CNN Money