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 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 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.

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.

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.

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.

Approximately 71 percent of Americans aged 26 to 34 who bought a home were first-home buyers, whereas 36 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.