In this post are United States individual income brackets by age for 2023. You'll also find average income by age, median, and top 1% by age. Individual incomes here are limited to Americans who worked (or wanted to work) in full-year 2022. Incomes are gross (pre-tax) – and earned between January and December 2022. If you missed them: we also have research on household incomes and individual incomes. Table of Contents show ▼ Age is an excellent way to break down income comparisons – it's a great quick proxy for experience. While it's not always true, generally older folks will have more experience in a given field. (Of course, you can think of the exceptions: career switching, job loss, and so on.) And – like with other breakdowns of the population – the best summary statistics of income are: These are the median incomes by age for 2023 in the United States for some selected ages: Compare those to an overall median individual income of $50,000. This following table has age 16-75 median income in 2023 in the United States: Here are the 2023 average incomes by age for age 25 and ten year intervals: This table has every age (16-75) plus average income in 2023: Here are the summary top 1% income benchmarks starting at 25 years old and moving up a decade at a time: Treat this data with more skepticism than the median and average. There are fewer high earners by definition, so the numbers will jump around. Before you take a single age's measure as "truth", look at a couple adjacent ages for a good feel of what the "actual" 1% might be. That in mind, here is the chart for top 1% income by age in the United States in 2023: Income is all income earned by one individual. That includes: If you only want to see salary, we have salary by age research too (and a calculator). This data comes from the United States Census Bureau's Annual ASEC survey. It was released in September 2023. I then use harmonized data from the University of Minnesota's Minnesota Population Center in R. Citation: Sarah Flood, Miriam King, Renae Rodgers, Steven Ruggles, J. Robert Warren and Michael Westberry. Integrated Public Use Microdata Series, Current Population Survey: Version 10.0 [dataset]. Minneapolis, MN: IPUMS, 2022. https://doi.org/10.18128/D030.V10.0 Find the full worker screen methodology in the individual income brackets post. I ask, as always, that you be skeptical of the top few percentiles for each age. Income is relatively well-behaved for the majority of the income curve. However, people at the top generate income from income sources with more volatility: investments, businesses, etc. The entire individual income data comes from a relatively small selection of samples. To get a sense of the "actual top 1% income" for an age, look at the surrounding years to get a better feel for the data. Here's the exhaustive list of data points and the workers they represent for you to make a reasoned call on data quality by age. There are two numbers: All income by age numbers in this post are gross income, or before tax. If you are comparing an income make sure it is before any tax is taken out. This is one of my favorite ways to slice income data. But like the others, it suffers in its complexity. A better way to consume it might be through the companion income percentile by age calculator.Individual Income Benchmarks by Age in 2023
What is the median individual income by age in the United States?
Age in 2023 Median Income 16 $2,085.00 17 $3,500.00 18 $6,063.00 19 $12,051.00 20 $15,600.00 21 $20,001.00 22 $23,176.00 23 $27,111.00 24 $32,002.00 25 $40,000.00 26 $42,000.00 27 $43,170.00 28 $45,237.00 29 $49,007.00 30 $48,650.00 31 $50,002.00 32 $50,001.00 33 $52,650.00 34 $55,000.00 35 $53,000.00 36 $56,002.00 37 $55,004.00 38 $58,000.00 39 $59,021.00 40 $55,002.00 41 $60,000.00 42 $57,001.00 43 $60,018.00 44 $59,232.00 45 $55,600.00 46 $60,431.00 47 $60,002.00 48 $55,115.00 49 $60,001.00 50 $57,700.00 51 $62,999.00 52 $60,001.00 53 $62,440.00 54 $60,134.00 55 $61,893.00 56 $60,002.00 57 $58,680.00 58 $58,403.00 59 $54,984.00 60 $53,000.00 61 $60,003.00 62 $53,710.00 63 $56,001.00 64 $55,050.00 65 $60,000.00 66 $56,100.00 67 $58,261.00 68 $56,843.00 69 $60,000.00 70 $53,921.00 71 $58,030.00 72 $57,012.00 73 $57,828.00 74 $56,100.00 75 $58,710.00 What is the average income by age in the United States?
Age in 2023 Average Income 16 $7,039.44 17 $8,219.76 18 $12,565.11 19 $18,731.63 20 $20,556.47 21 $25,530.95 22 $27,978.90 23 $33,212.01 24 $39,115.09 25 $47,532.13 26 $51,480.26 27 $54,891.41 28 $57,535.28 29 $59,326.86 30 $64,729.42 31 $66,151.85 32 $68,122.79 33 $65,820.80 34 $70,556.46 35 $72,495.66 36 $74,797.59 37 $78,093.40 38 $77,271.53 39 $72,437.29 40 $78,334.01 41 $79,874.01 42 $84,261.73 43 $80,884.38 44 $83,654.18 45 $81,641.88 46 $86,716.64 47 $82,229.29 48 $80,781.23 49 $86,280.13 50 $86,547.35 51 $89,846.10 52 $83,970.32 53 $82,299.36 54 $89,891.76 55 $83,970.61 56 $88,247.39 57 $83,182.43 58 $79,988.69 59 $80,748.38 60 $76,340.27 61 $81,485.40 62 $82,905.28 63 $84,569.37 64 $90,958.30 65 $81,809.77 66 $86,074.53 67 $77,375.04 68 $81,142.14 69 $83,320.39 70 $79,244.17 71 $73,794.11 72 $88,285.77 73 $82,372.30 74 $99,820.56 75 $68,104.04 What is the top 1% individual income by age in the United States?
Age in 2023 Average Income 16 $80,000.00 17 $60,600.00 18 $65,000.00 19 $97,111.00 20 $85,000.00 21 $94,698.00 22 $117,000.00 23 $160,205.00 24 $170,001.00 25 $170,010.00 26 $225,000.00 27 $230,001.00 28 $253,700.00 29 $249,350.00 30 $323,071.00 31 $356,067.00 32 $403,100.00 33 $318,003.00 34 $351,320.00 35 $420,000.00 36 $403,045.00 37 $450,520.00 38 $385,193.00 39 $351,100.00 40 $462,310.00 41 $390,109.00 42 $717,035.00 43 $480,360.00 44 $501,900.00 45 $634,650.00 46 $500,282.00 47 $526,526.00 48 $459,010.00 49 $600,026.00 50 $656,000.00 51 $482,000.00 52 $540,500.00 53 $434,013.00 54 $536,000.00 55 $453,051.00 56 $500,162.00 57 $503,800.00 58 $369,515.00 59 $495,002.00 60 $500,030.00 61 $467,200.00 62 $552,502.00 63 $550,081.00 64 $646,000.00 65 $432,372.00 66 $645,701.00 67 $403,185.00 68 $515,398.00 69 $480,553.00 70 $355,000.00 71 $340,893.00 72 $511,709.00 73 $398,634.00 74 $920,453.00 75 $209,425.00 United States Individual Income Percentiles by Age
Methodology on 2023 United States Age & Income Brackets
What is your 'worker' screen?
How is the data quality on the income by age data?
Income data points and workers by age in 2023
Age in 2023 Samples Estimated Workers 16 633 1,197,569 17 950 1,952,628 18 1,131 2,296,800 19 1,061 2,522,994 20 1,114 3,045,609 21 1,127 3,143,249 22 1,210 3,381,740 23 1,329 3,960,297 24 1,321 3,909,627 25 1,349 3,717,006 26 1,349 3,621,232 27 1,419 3,797,195 28 1,470 3,788,549 29 1,534 3,899,490 30 1,591 3,966,632 31 1,718 4,070,381 32 1,704 4,027,299 33 1,776 4,201,298 34 1,719 3,976,387 35 1,768 3,969,877 36 1,765 3,888,277 37 1,783 3,908,775 38 1,815 3,736,395 39 1,684 3,633,990 40 1,891 3,909,244 41 1,758 3,716,177 42 1,754 3,719,990 43 1,684 3,539,896 44 1,680 3,587,319 45 1,605 3,268,307 46 1,566 3,300,227 47 1,608 3,475,250 48 1,540 3,479,351 49 1,448 3,214,780 50 1,495 3,258,538 51 1,527 3,489,491 52 1,620 3,664,422 53 1,486 3,396,103 54 1,338 3,092,270 55 1,241 2,965,326 56 1,354 3,222,560 57 1,324 3,180,274 58 1,293 3,155,277 59 1,268 3,193,863 60 1,263 3,062,091 61 1,103 2,728,890 62 1,085 2,624,184 63 1,006 2,336,127 64 937 2,340,931 65 871 1,991,635 66 714 1,672,438 67 629 1,461,000 68 530 1,236,486 69 445 1,070,102 70 437 985,853 71 376 829,604 72 304 711,413 73 264 638,379 74 260 591,946 75 215 489,801 Is individual income gross or net?
Analysis of Individual Income by Age Brackets in 2023
Average Income by Age, Median, Top & Percentiles - DQYDJ (2024)
Table of Contents
Individual Income Benchmarks by Age in 2023
What is the median individual income by age in the United States?
What is the average income by age in the United States?
What is the top 1% individual income by age in the United States?
United States Individual Income Percentiles by Age
Methodology on 2023 United States Age & Income Brackets
What is your 'worker' screen?
How is the data quality on the income by age data?
Income data points and workers by age in 2023
Is individual income gross or net?
Analysis of Individual Income by Age Brackets in 2023
PK
Top Articles
Upside Review: Is This App Worth The Cash Back At The Gas Pump?
How Long Should the Branding Process Take? - Top Hat
Funny Roblox Id Codes 2023
AMC Theatre - Rent A Private Theatre (Up to 20 Guests) From $99+ (Select Theaters)
Kokichi's Day At The Zoo
Workday Latech Edu
Fully Enclosed IP20 Interface Modules To Ensure Safety In Industrial Environment
Crossed Eyes (Strabismus): Symptoms, Causes, and Diagnosis
Craigslist In South Carolina - Craigslist Near You
Chuckwagon racing 101: why it's OK to ask what a wheeler is | CBC News
What Was D-Day Weegy
1TamilMV.prof: Exploring the latest in Tamil entertainment - Ninewall
Nieuwe en jong gebruikte campers
Catsweb Tx State
Craigslist Alabama Montgomery
Summer Rae Boyfriend Love Island – Just Speak News
Daily Voice Tarrytown
Plan Z - Nazi Shipbuilding Plans
Walgreens San Pedro And Hildebrand
Unterwegs im autonomen Freightliner Cascadia: Finger weg, jetzt fahre ich!
Nordstrom Rack Glendale Photos
Blue Rain Lubbock
Pecos Valley Sunland Park Menu
67-72 Chevy Truck Parts Craigslist
Www Craigslist Madison Wi
The best brunch spots in Berlin
Skycurve Replacement Mat
Creed 3 Showtimes Near Island 16 Cinema De Lux
Cvs Sport Physicals
Uno Fall 2023 Calendar
Funky Town Gore Cartel Video
Craigslist Maryland Baltimore
Baddies Only .Tv
Babbychula
Diana Lolalytics
Prima Healthcare Columbiana Ohio
Helloid Worthington Login
Whitehall Preparatory And Fitness Academy Calendar
Oxford House Peoria Il
Craigslist Tulsa Ok Farm And Garden
2007 Peterbilt 387 Fuse Box Diagram
Citibank Branch Locations In Orlando Florida
Hazel Moore Boobpedia
Hk Jockey Club Result
Suppress Spell Damage Poe
Wrentham Outlets Hours Sunday
Nkey rollover - Hitta bästa priset på Prisjakt
Thrift Stores In Burlingame Ca
Bob Wright Yukon Accident
Ark Silica Pearls Gfi
Latest Posts
Linux Tutorial Series – 144 – Mounting and unmounting
Exponential Moving Average (EMA): Definition, How to Use in Trading | FBS
Article information
Author: Dong Thiel
Last Updated:
Views: 5791
Rating: 4.9 / 5 (79 voted)
Reviews: 86% of readers found this page helpful
Author information
Name: Dong Thiel
Birthday: 2001-07-14
Address: 2865 Kasha Unions, West Corrinne, AK 05708-1071
Phone: +3512198379449
Job: Design Planner
Hobby: Graffiti, Foreign language learning, Gambling, Metalworking, Rowing, Sculling, Sewing
Introduction: My name is Dong Thiel, I am a brainy, happy, tasty, lively, splendid, talented, cooperative person who loves writing and wants to share my knowledge and understanding with you.