Economics 101 of camping recreational vehicles

Economics 101 of camping recreational vehicles

A RV or better known as a recreational vehicle is a combined transportation vehicle as well as a vehicle where one could live. This type of vehicle is basically used for three purposes: for traveling, for camping and for recreation.

RV facts

The value of the yearly shipments of recreation vehicles is pegged at a total of fifteen billion. Believe it or not, a total of sixteen thousand private as well as public campgrounds all through the United States accommodate these recreation vehicles. Statistics also show that one out of ten households in America who own a vehicle, have an RV right in their own backyard.

One of the reasons for the popularity of RV’s is because of the country’s preference for camping. In one state alone, specifically in South Carolina, more than twenty percent of the residents enjoy all and any forms of camping.

Eight percent of the total respondents surveyed in 1999 have expressed that they camped out in their trailer and RV in a state park in South Carolina.

In a study by the University of Michigan, about forty five percent of current owners of recreation vehicles are aged between thirty five and fifty four. But the average age for recreational vehicle owners is forty eight years old and has an average income of forty seven thousand dollars.

Meanwhile, in a survey conducted in the year 2000, it has been discovered by the Sporting Goods Manufacturers Association that camping via recreational vehicles is the twentieth activity that is most popular in the United States for those people – as well as kids – aged six years old and above.

Also, the SGMA has found out that a total of nineteen million Americans are camping using recreational vehicles. For US senior citizens, RV camping is ranked as the number six most popular recreational activity for them.

Why RV?

The popularity of RV is mainly because of their flexibility, convenience as well as how comfortable they are. It also helps in keeping the family together – literally or specifically in a confined space.

In a research study by Louis Harris, a total of ninety two percent of the parents asked claimed that the RV is a great way for them to travel together with their children. What are the types of recreational vehicles? Some of the forms of recreational vehicles include motor homes, truck campers, to name a few.

All in all recreational vehicles are a fun and enjoyable way to spend time away from the home yet still be together with the whole family.