This statistic shows the distribution of parental income of freshman college students at baccalaureate granting institutions in the United States in 2019. In 2019, 5.8 percent of incoming freshman college students estimated that their parent's income was less than 15,000 U.S. dollars.

In 2022, the average annual income of a college graduate with a Bachelor's degree in the United States was 52,000 U.S. dollars. This is a decrease from the previous year, when the median income for college grads was around 56,156 U.S. dollars.

In the time between 2023 and 2024, low-income families paid 28,985 U.S. dollars on average for college, whereas high-income families paid 29,187 U.S. dollars during this time. On average, families in the United States paid 28,409 U.S. dollars for college.

This dataset provides the average earnings by student group per district.  Wage records are obtained from the Massachusetts Department of Unemployment Assistance (DUA) using a secure, anonymized matching process with limitations. For details on the process and suppression rules, please visit the Employment and Earnings of High School Graduates dashboard.

This dataset is one of three containing the same data that is also published in the Employment and Earnings of High School Graduates dashboard: Average Earnings by Student Group Average Earnings by Industry College and Career Outcomes

Characteristics and median employment income of postsecondary graduates five years after graduation, by educational qualification (Classification of programs and credentials - professional degree variant), field of study (Classification of Instructional Programs (CIP) Canada 2016 - STEM (science, technology, engineering and mathematics and computer sciences) and BHASE (business, humanities, health, arts, social science and education) groupings), gender, age group and status of student in Canada (cross-sectional analysis).

Graph and download economic data for Wage and Salary Workers Paid Hourly Rates: 16 Years and Over: College Graduates: Bachelor's Degree and Higher (BDAHC5) from 2002 to 2023 about paid, tertiary schooling, salaries, workers, hours, 16 years +, education, wages, rate, and USA.

According to a survey conducted in 2023, recent college graduates in the United States expected their average starting salary to be 66,467 U.S. dollars, a decrease from 70,005 U.S. dollars expected by recent college students in the previous year.

Explore the progression of average salaries for graduates in College Preparatory from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of College Preparatory relative to other fields. This data is essential for students assessing the return on investment of their education in College Preparatory, providing a clear picture of financial prospects post-graduation.

Explore the progression of average salaries for graduates in College Certificate from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of College Certificate relative to other fields. This data is essential for students assessing the return on investment of their education in College Certificate, providing a clear picture of financial prospects post-graduation.

U.S. citizens with a professional degree had the highest median household income in 2023, at 172,100 U.S. dollars. In comparison, those with less than a 9th grade education made significantly less money, at 35,690 U.S. dollars. Household income The median household income in the United States has fluctuated since 1990, but rose to around 70,000 U.S. dollars in 2021. Maryland had the highest median household income in the United States in 2021. Maryland’s high levels of wealth is due to several reasons, and includes the state's proximity to the nation's capital. Household income and ethnicity The median income of white non-Hispanic households in the United States had been on the rise since 1990, but declining since 2019. While income has also been on the rise, the median income of Hispanic households was much lower than those of white, non-Hispanic private households. However, the median income of Black households is even lower than Hispanic households. Income inequality is a problem without an easy solution in the United States, especially since ethnicity is a contributing factor. Systemic racism contributes to the non-White population suffering from income inequality, which causes the opportunity for growth to stagnate.

The National Survey of College Graduates is a repeated cross-sectional biennial survey that provides data on the nation's college graduates, with a focus on those in the science and engineering workforce. This survey is a unique source for examining the relationship of degree field and occupation in addition to other characteristics of college-educated individuals, including work activities, salary, and demographic information.

Average earnings, by age group and highest level of education, from the 2016 Census of Population.

Graph and download economic data for Employed full time: Median usual weekly nominal earnings (second quartile): Wage and salary workers: High School graduates, no college: 25 years and over: White (LEU0254935500A) from 2000 to 2024 about no college, second quartile, secondary schooling, secondary, full-time, 25 years +, salaries, workers, earnings, white, education, wages, median, employment, and USA.

Explore the progression of average salaries for graduates in Dartmouth College from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of Dartmouth College relative to other fields. This data is essential for students assessing the return on investment of their education in Dartmouth College, providing a clear picture of financial prospects post-graduation.

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in College Park. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in College Park. It showcases how household incomes typically rise as the head of the household gets older. The dataset can be utilized to gain insights into age-based household income trends and explore the variations in incomes across households.

Key observations: Insights from 2023

In terms of income distribution across age cohorts, in College Park, householders within the 45 to 64 years age group have the highest median household income at $110,156, followed by those in the 25 to 44 years age group with an income of $100,022. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $84,375. Notably, householders within the under 25 years age group, had the lowest median household income at $16,944.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.

Age groups classifications include:

• Under 25 years
• 25 to 44 years
• 45 to 64 years
• 65 years and over

Variables / Data Columns

• Age Of The Head Of Household: This column presents the age of the head of household
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific age group

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for College Park median household income by age. You can refer the same here

About this dataset

Context

The dataset presents the the household distribution across 16 income brackets among four distinct age groups in University Park: Under 25 years, 25-44 years, 45-64 years, and over 65 years. The dataset highlights the variation in household income, offering valuable insights into economic trends and disparities within different age categories, aiding in data analysis and decision-making..

Key observations

• Upon closer examination of the distribution of households among age brackets, it reveals that there are 45(16.85%) households where the householder is under 25 years old, 117(43.82%) households with a householder aged between 25 and 44 years, 81(30.34%) households with a householder aged between 45 and 64 years, and 24(8.99%) households where the householder is over 65 years old.
• In University Park, the age group of 25 to 44 years stands out with both the highest median income and the maximum share of households. This alignment suggests a financially stable demographic, indicating an established community with stable careers and higher incomes.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Income brackets:

• Less than $10,000
• $10,000 to $14,999
• $15,000 to $19,999
• $20,000 to $24,999
• $25,000 to $29,999
• $30,000 to $34,999
• $35,000 to $39,999
• $40,000 to $44,999
• $45,000 to $49,999
• $50,000 to $59,999
• $60,000 to $74,999
• $75,000 to $99,999
• $100,000 to $124,999
• $125,000 to $149,999
• $150,000 to $199,999
• $200,000 or more

Variables / Data Columns

• Household Income: This column showcases 16 income brackets ranging from Under $10,000 to $200,000+ ( As mentioned above).
• Under 25 years: The count of households led by a head of household under 25 years old with income within a specified income bracket.
• 25 to 44 years: The count of households led by a head of household 25 to 44 years old with income within a specified income bracket.
• 45 to 64 years: The count of households led by a head of household 45 to 64 years old with income within a specified income bracket.
• 65 years and over: The count of households led by a head of household 65 years and over old with income within a specified income bracket.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for University Park median household income by age. You can refer the same here

The age groups available in the dataset are: 15+, 25+, 25-34, 25-54 and 25-64.

Type of work includes full-time and part-time.

The educational levels include: 0-8 yrs., some high school, high school graduate, some post-secondary, post-secondary certificate diploma and university degree.

Wages include average weekly wage rate.

The immigration statuses include: total landed immigrants (very recent immigrants, recent immigrants, established immigrants), non-landed immigrants and born in Canada.

As of the 2023/24 academic year, graduates from the Massachusetts Institute of Technology (MIT) had a starting salary of 110,200 U.S. dollars, and a mid-career salary of 196,900 U.S. dollars. Top universities in the United States One of the top universities in the United States, Harvey Mudd College, is located in Claremont, California. Not only do graduates earn a high salaries after graduation, they also pay the most. In the academic year of 2020-2021, Harvey Mudd College was one of the most expensive school by total annual cost. The best university in the United States in 2021 belonged to the University of California, Berkeley. The Ivy League The Ivy League is a group of eight private universities in the Northeastern United States. It is not only a collegiate athletic conference, but also a group of highly respected academic institutions. They are usually regarded as the best eight universities in the United States and the world. They are extremely selective with their admissions process. However, these universities are extremely expensive to attend. Despite the high price tag, students who graduate from Princeton University have the highest early career salary out of all Ivy League attendees in 2021. This is compared to the overall expected starting salaries of recent college graduates across the United States, which was less than 35,000 U.S. dollars.

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in University Park. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in University Park. It showcases how household incomes typically rise as the head of the household gets older. The dataset can be utilized to gain insights into age-based household income trends and explore the variations in incomes across households.

Key observations: Insights from 2023

In terms of income distribution across age cohorts, in University Park, householders within the 25 to 44 years age group have the highest median household income at $74,792, followed by those in the 45 to 64 years age group with an income of $72,188. Meanwhile householders within the under 25 years age group report the second lowest median household income of $25,850. Notably, householders within the 65 years and over age group, had the lowest median household income at $22,500.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.

Age groups classifications include:

• Under 25 years
• 25 to 44 years
• 45 to 64 years
• 65 years and over

Variables / Data Columns

• Age Of The Head Of Household: This column presents the age of the head of household
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific age group

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for University Park median household income by age. You can refer the same here

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in West College Corner. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in West College Corner. It showcases how household incomes typically rise as the head of the household gets older. The dataset can be utilized to gain insights into age-based household income trends and explore the variations in incomes across households.

Key observations: Insights from 2023

In terms of income distribution across age cohorts, in West College Corner, the median household income stands at $78,693 for householders within the 45 to 64 years age group, followed by $48,750 for the 65 years and over age group. Notably, householders within the under 25 years age group, had the lowest median household income at $45,833.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.

Age groups classifications include:

• Under 25 years
• 25 to 44 years
• 45 to 64 years
• 65 years and over

Variables / Data Columns

• Age Of The Head Of Household: This column presents the age of the head of household
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific age group

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for West College Corner median household income by age. You can refer the same here