This statistic shows the average annual total money earnings of individuals in the United States in 2023, by age group. In 2023, the average worker in the United States aged 45 to 54 earned an average of ****** U.S. dollars per year. That made ** to 54-year-olds the highest earning age group, on average, in 2023.

In 2024 men aged between 50 and 59 were the highest full-time earners in the United Kingdom among different gender and age groups, with men of different ages consistently earning more than women.

Income of individuals by age group, sex and income source, Canada, provinces and selected census metropolitan areas, annual.

According to a survey conducted by Statista Consumer Insights among Chinese Generation Z, most of the respondents had an annual disposable household income of over ****** yuan, with ** percent of respondents having at least ******* yuan per year at their disposal. In comparison, merely five percent of respondents said they had less than ****** yuan of annual household income.

In 2023, the disposable income of a household led by a Millennial in the United States was 97,866 U.S. dollars per year. Households led by someone born in Generation X, however, had a disposable income of around 113,886 U.S. dollars in 2023.

Income quintiles are assigned based on equivalized household disposable income, which takes into account differences in household size and composition using a method proposed by the Organization for Economic Co-operation and Development (OECD). The OECD-modified" equivalence scale assigns a value of 1 to the first adult Age groups refer to the age group of the major income earner. This refers to the main source of income for the household, that is, wages and salaries, self-employment income, net property income, current transfers received related to pension benefits, or other current transfers received from non-pension related sources.
Self-employment income refers to mixed income related to non-farm and farm businesses. Household rental income is not included. Revenues from Current transfers received - pension benefits relate to current transfers received from corporations for employer's pension plans and current transfers received from government for the Canada and Québec pension plans (CPP/QPP) and the Old Age Security program including the Guaranteed Income Supplement (OAS/GIS). Revenues from Current transfers received - others, relate to all other current transfers received not included in Current transfers received - pensions benefits, that is, it includes current transfers from the government sector except for the Canada and Québec pension plans (CPP/QPP) and from the Old Age Security Program (OAS) and the Guaranteed Income Supplement (GIS). It also includes current transfers from Non-profit institutions serving households (NPISH) and from the non-residents sector. Owner/Renter refers to the housing tenure of a household. Households that have subsidized rents (partially or fully) are included under Renter. Distributions by generation are defined as follows and are based on the birth year of the major income earner : pre-1946 for those born before 1946, baby boom for those born between 1946 and 1964, generation X for those born between 1965 and 1980 and millennials for those born after 1980. Note that generation Z has been combined with the millennial generation as their sample size is relatively small. Distribution of value" is the share of a component of income Value per consumption unit reflects the Statistics value" divided by the number of consumption units

The average Dutch employee reached their highest annual salary between the age of 50 and 54 years old, at just over 50,000 thousand euros. Up to that point, the average annual salary generally increased, from about 1,500 euros per year for those under 15, to 51,900 for those 45-49 years old. After that age, average annual salaries decreased again, to about 17,300 euros for those 75 years and older. The average annual salary in the Netherlands in 2022 was just under 39,900 thousand euros, including bonuses.

 Highest salaries in the mining and quarrying industry  

Those looking to make a substantial amount of money were best off in the mining and quarrying industry, where average annual wages reached nearly 83.5 thousand euros in 2021. Employees in the electricity and gas supply sector earned roughly 62.7 thousand euros, and those working in finance made nearly as much, at 62,200 euros. On the lower end of the scale, employees in the accommodation and food serving industry earned an average annual salary of only 15.1 thousand euros.

Gender differences  

 In general, annual salaries for men were considerably higher than salaries for women. Whereas men earned an average annual salary of over 46.3 thousand in 2021, women in the Netherlands on average made about 29.7thousand euros annually. This was not just the result of men having a higher average hourly salary, to some extent this was also a consequence of women working fewer hours than men. Whereas men in the Netherlands on average worked 33.5 hours per week in 2021, women worked only 25.3 hours.

In 2023, the highest average amount of disposable income for any age group occurred in the 35 to 44-year-old group, while the age group with the lowest average disposable income were those aged 85 and over.

As of September 2021, the average salary of male Gen-Z employees in China reached 6,726 yuan, almost 1,000 yuan more than their female peers. The same source also revealed that nearly 23 percent of male Gen-Zs had been promoted to management roles, while only 13 percent of female employees said the same.

According to a survey among premium Millennial shoppers, the share of affluent Millennials earning between 14 and 20 million Vietnamese dong reached around 45 percent of respondents. The average income of total respondents who were affluent Millennials amounted to approximately 24 million Vietnamese dong per month.

Over the years 2022 and 2023, the income bracket of Generation Z consumers that spent the most on clothing in the United States was those with annual income of more than ** thousand U.S. dollars. They spent more than **** times as much as those in the lowest income bracket, who spent an average of *** U.S. dollars on apparel and services yearly.

According to a 2023 survey, the average salary that young people in Thailand expected was around 466.38 thousand Thai Baht per year. This was slightly lower than the previous year, which was about 479 thousand Thai Baht per year.

On average, drivers younger than 36 years of age would be willing to increase their vehicle budget by 15 percent in order to pay for a self-driving car. This makes them the most willing age cohort interviewed to pay a premium for self-driving cars, although members of the Millennial and Gen Z cohorts typically have smaller budgets for their vehicles compared to drivers who are slightly older. The questionnaire of 5,538 consumers was part of a larger survey conducted by Capgemini Research Institute. On average, consumers would be willing to spend 11.5 percent over and above their current budget for cars for a self-driving car, and one fourth of respondents said they would refuse to pay a premium.

In the first quarter of 2025, the average monthly salary for paid workers and employees was about *** million Vietnamese dong, indicating an increase from the previous quarter. The labor force reached about ** million people in that quarter.

Millennials were the leading customer groups of personal luxury goods, accounting for ** percent of all luxury goods spending worldwide. Born between 1961 and 1996, Millennials, or Gen Y, also represents the second-largest group with the highest disposable income in the United States. How do Millennials and Gen Z engage with luxury goods and services? With their increasing share in employment and wealth creation, younger generations play an increasingly important role across consumer industries worldwide. As digitally savvy generations, they not only use online channels to make purchases, but also research, follow, and get inspiration for new styles and brands. According to the results of a recent survey, luxury consumers aged between 19 and 41 were more keen on engaging with brands on social media, such as following an influencer or sending private messages to brands. State of the personal goods industry Worldwide, the personal luxury goods market remains relevant after bouncing back from the economic downturn of 2020. Based on Statista’s Consumer Market Insights, the personal luxury goods market was worth over *** billion U.S. dollars in 2024. The country spearheading the luxury goods revenue was the United States. U.S. consumers were also the main customers of the luxury goods industry, as one-third of the market revenue came from American nationals making luxury goods purchases.

Approximately ** percent of Americans aged 26 to 34 who bought a home were first-home buyers, whereas ** percent of home buyers between 35 and 44 bought their first home in that year. Gen Z and Millennial first-time buyers It is no surprise that many Gen Z (18 to 24 years old) and Millennial (25 to 43 years old) home buyers are mostly first-time home buyers. These home buyers are in the early stages of their careers, or still studying in some cases, and often struggling to repay student debt, so they need to save for many years before they afford a down payment. When do they sell? These generations tend to stay in their first homes for several years, which means that the majority of home sellers are older than them. The share of income needed to afford a trade-up home is significantly lower than the money needed for a starter home. A trade-up home is a larger and more expensive home, which homeowners often buy after living in their starter home, or their first home, for several years. This progression generally happens when homeowners have climbed the career ladder and increased their incomes.

In 2023, the average expenditures in a household led by a Millennial in the United States came to ****** U.S. dollars per year. The only generation with higher expenditures were households led by someone from Generation X with around ****** U.S. dollars per year.