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.
This statistic shows the average estimated income of Americans in 2015. Americans of Generation X earned an average of 50,400 U.S. dollars in 2015.
In 2023, the real median household income for householders aged 15 to 24 was at 54,930 U.S. dollars. The highest median household income was found amongst those aged between 45 and 54. Household median income for the United States since 1990 can be accessed here.
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 94,800 yuan, with 12 percent of respondents having at least 432,600 yuan per year at their disposal. In comparison, merely five percent of respondents said they had less than 19,200 yuan of annual household income.
Income of individuals by age group, sex and income source, Canada, provinces and selected census metropolitan areas, annual.
The statistic illustrates the results of a survey about the annual income of millennials in Japan as of September 2017. In the period examined, the majority of millennials' households, about 37.2 percent, had an annual income of up to four million Japanese yen.
The statistic shows the average monthly income in China in 2017, by generation. According to the result of a survey, around 32 percent of the surveyed Chinese Millennials earned averagely below 7,000 Rmb per month.
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.
This statistic shows the number of people in the United States aged 25 to 34, by annual earnings in 2015 in U.S. dollars. In 2015, there were over 2.36 million millennials earning over 100,000 dollars per year.
This statistic shows the results of a survey conducted in Germany on the share of millennials among the population, broken down by their net income in 2021. That year, among millennials aged 26 to 31 years, 3.9 percent had no own income, while 7 percent earned less than 500 euros.
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 84,320 U.S. dollars per year. That made 45 to 54-year-olds the highest earning age group, on average, in 2023.
This statistic shows the number of high earning 25 to 34-year-old Americans in 2023, by sources of income. In 2023, around 5.4 million people between 25 and 34 years old whose annual income was 100,000 U.S. dollars or more obtained that income through wages and salary.
This statistic illustrates the current gross annual salaries of the Millennial generation in Great Britain as of 2016. It can be seen that almost one half (47 percent) of Millennials stated that they did not know their current annual salary at that time.
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.
The statistic shows the median gross rent* as a share of pre-tax household income of Millennials aged 18 to 34 in the United States from 1980 to 2009. In 2009, 18-to 24-year olds spent 32 percent of their household income on rent.
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.
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 average expenditures in a household led by a Millennial in the United States came to 81,589 U.S. dollars per year. The only generation with higher expenditures were households led by someone from Generation X with around 95,692 U.S. dollars per year.
The statistic depicts the results of an online survey conducted by the Insured Retirement Institute (IRI) in December 2013. About 800 respondents residing in the United States who are born between 1962 and 1981 (Generation X) were asked about their annual household income. Some 23 percent of the U.S. GenXers indicated to earn a household income between 50,000 and 74,999 U.S. dollars annually.
In 2023, Malaysian employees between the ages of 40 and 44 years old earned the highest average monthly salary, at 4,241 Malaysian ringgit. With a retirement age of just 60 years old, Malaysian workers could look forward to earning more monthly average wage starting from around 40 years old. Economic outlook Malaysia is one of the biggest and strongest economies of South-East Asia, with a relatively low unemployment rate. The average monthly salary steadily increased from 2,377 Malaysian ringgit in 2014 to 3,441 Malaysian ringgit in 2023. Employees with a university degree could expect to earn almost twice as much. Can wages keep up with the cost of living? However, when seen in the context of rising living costs, wages in Malaysia have not been able to keep up. Despite having a relatively low inflation rate, prices have still gone up. Malaysians spent more than 40 percent of their income on housing and food. In May 2022, the Malaysian government increased the minimum wage to 1,500 Malaysian ringgit monthly, or 7.21 Malaysian ringgit hourly, in the hopes of easing the financial burdens of its citizens.
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.