How much are millenials earning across the US? This map has the answer
Millennials came of age during a tough economic time Image: REUTERS/Nicky Loh
Millennials came of age during a tough economic time: Student debt has reached an all-time high, and the job market is more competitive than ever. As a result, young people today aren't earning as much money as their parents did when they were young. So how much are they making?
Using data from the Minnesota Population Center's 2014 American Community Survey in the Integrated Public Use Microdata Series, we found the median annual total personal income for employed millennials. We used the Pew Research Center's definition of millennials: Americans born between 1981 and 1997.
The medians ranged from a low of $18,000 per year in Montana to a high of $43,000 in the District of Columbia. How do you stack up?
Note that the youngest millennials are college-aged and may only be working part time, which may skew the median downward.
Below, we included the median annual personal income by state for all employees over age 17, also from the American Community Survey.
Read on to see how millennials compare with earners of all ages:
Median personal income for all employees: $31,100
Median income for millennials: $20,000
Median personal income for all employees: $44,000
Median income for millennials: $27,500
Median personal income for all employees: $33,000
Median income for millennials: $20,800
Median personal income for all employees: $30,000
Median income for millennials: $20,000
Median personal income for all employees: $35,000
Median income for millennials: $21,900
Median personal income for all employees: $38,000
Median income for millennials: $24,000
Median personal income for all employees: $44,000
Median income for millennials: $23,300
Median personal income for all employees: $38,000
Median income for millennials: $25,000
Median personal income for all employees: $55,000
Median income for millennials: $43,000
Median personal income for all employees: $30,000
Median income for millennials: $20,000
Median personal income for all employees: $33,000
Median income for millennials: $20,000
Median personal income for all employees: $37,000
Median income for millennials: $25,900
Median personal income for all employees: $30,000
Median income for millennials: $19,000
Median personal income for all employees: $37,500
Median income for millennials: $23,000
Median personal income for all employees: $33,000
Median income for millennials: $20,000
Median personal income for all employees: $35,000
Median income for millennials: $23,000
Median personal income for all employees: $35,000
Median income for millennials: $21,000
Median personal income for all employees: $31,000
Median income for millennials: $20,000
Median personal income for all employees: $33,000
Median income for millennials: $22,000
Median personal income for all employees: $33,400
Median income for millennials: $19,200
Median personal income for all employees: $45,000
Median income for millennials: $26,000
Median personal income for all employees: $44,000
Median income for millennials: $25,000
Median personal income for all employees: $33,700
Median income for millennials: $19,300
Median personal income for all employees: $39,000
Median income for millennials: $24,000
Median personal income for all employees: $30,000
Median income for millennials: $19,400
Median personal income for all employees: $32,900
Median income for millennials: $20,000
Median personal income for all employees: $30,000
Median income for millennials: $18,000
Median personal income for all employees: $34,400
Median income for millennials: $23,000
Median personal income for all employees: $33,000
Median income for millennials: $24,000
Median personal income for all employees: $40,000
Median income for millennials: $21,000
Median personal income for all employees: $44,000
Median income for millennials: $25,000
Median personal income for all employees: $30,000
Median income for millennials: $19,200
Median personal income for all employees: $40,000
Median income for millennials: $25,000
Median personal income for all employees: $31,900
Median income for millennials: $20,000
Median personal income for all employees: $36,000
Median income for millennials: $25,000
Median personal income for all employees: $35,000
Median income for millennials: $20,000
Median personal income for all employees: $32,000
Median income for millennials: $22,000
Median personal income for all employees: $32,000
Median income for millennials: $20,000
Median personal income for all employees: $36,000
Median income for millennials: $23,400
Median personal income for all employees: $37,200
Median income for millennials: $20,000
Median personal income for all employees: $30,000
Median income for millennials: $19,700
Median personal income for all employees: $32,200
Median income for millennials: $21,000
Median personal income for all employees: $31,000
Median income for millennials: $20,000
Median personal income for all employees: $34,000
Median income for millennials: $22,000
Median personal income for all employees: $31,000
Median income for millennials: $20,000
Median personal income for all employees: $35,500
Median income for millennials: $24,000
Median personal income for all employees: $40,000
Median income for millennials: $25,000
Median personal income for all employees: $40,000
Median income for millennials: $24,000
Median personal income for all employees: $31,000
Median income for millennials: $19,000
Median personal income for all employees: $35,000
Median income for millennials: $20,000
Median personal income for all employees: $37,000
Median income for millennials: $24,400
Don't miss any update on this topic
Create a free account and access your personalized content collection with our latest publications and analyses.
License and Republishing
World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.
The views expressed in this article are those of the author alone and not the World Economic Forum.
Stay up to date:
Future of Work
Related topics:
The Agenda Weekly
A weekly update of the most important issues driving the global agenda
You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.
More on Education and SkillsSee all
Sonia Ben Jaafar
November 22, 2024