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Americans Spend A Lot Of Green On St. Patrick's Day

Happy St. Patrick's Day
Happy St. Patrick's Day Photo Credit: Facebook

Cheers! Today is St. Patrick's Day, and revelers will be out in full force celebrating with pints of brew and forkfuls of corned beef.

It's probably no coincidence that March 17 is also National Corned Beef and Cabbage Day, and it's a holiday when Americans not only wear green, but drop a lot of green.

About $4.4 billion will be spent on St. Paddy’s Day this year, way more than the $1.2 million market value of a pot of gold, according to WalletHub, who released its annual St. Patrick’s Day By The Numbers report as a follow up to its recent look at the Best & Worst Cities to Celebrate St. Patrick’s Day in 2016.

More than 33 million Irish-Americans will pay homage to St. Patrick, and more than half of the U.S. population is expected to celebrate. Other fun facts,

  • $35.4: Average amount each St. Patrick’s partier will spend.
  • 13 million : Pints of Guinness will be consumed worldwide on St. Patrick’s Day. 70%: Increase in cabbage shipments during St. Patrick’s week.
  • 82.1 percent: Of celebrators plan to wear green.
  • $62,141: Median income for Irish-American households (vs. $53,657 for all households).
  • 33.1 million: US residents claiming Irish ancestry (7 times the population of Ireland).
  • 1737: Year of the first St. Patrick's Day Parade (it was in Boston).

Click here to read the story on wallethub.com.

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