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.
Income of individuals by age group, sex and income source, Canada, provinces and selected census metropolitan areas, annual.
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.
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.
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
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.
As of September 2021, the average salary of male Gen-Z employees in China reached ***** yuan, almost 1,000 yuan more than their female peers. The same source also revealed that nearly ** percent of male Gen-Zs had been promoted to management roles, while only ** 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.
As of 2020, the salary for millennial professionals in the cybersecurity field is approximately ****** U.S. dollars, compared to the salary of ******* U.S. dollars for baby boomers in the same field. The salaries of cybersecurity professionals vary by age, but this is not rather surprising as millennial professionals are still early in their careers, where the baby boomer generation has tremendously more work-experience behind them.
That year, among millennials aged 26 to 31 years, *** percent had no own income, while * percent earned less than 500 euros.
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.
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.
According to a 2023 survey, 26 percent of Gen Z respondents said that they expect that it will take them between 7 to 10 years to repay their student loans in the United States. A further 21 percent said that they expect it will take them between 4 to 6 years.
In 2024, around ** percent of millennials worked as a mid-level executive. ** percent of Gen Z respondents worked in this position. The analysis of the employment status of millennials and Generation Z members in Germany provides valuable insights into current labor market trends. One key aspect that stands out is how the transition from education to employment impacts salary structures. In this context, the data on the average gross starting salary for university graduates in Germany, broken down by field of study, sheds further light on the financial prospects following graduation.
In 2023, Gen Z consumers were willing to spend the most for two-hour delivery, averaging **** percent of their order value. Millennials and consumers with children in the household followed, each demographic willing to pay an average of ***** percent of the order value for the same expedited delivery service.
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.
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.
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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.