In 2023 in the United States, the median hourly rate of a worker's wage between 20 and 24 years old was 16.4 current U.S. dollars. Workers between the ages of 35 and 44 years old had the highest hourly wage in that year, at 21.2 current U.S. dollars.

In 2023, the median hourly rate of a female wageworker in the United States between 20 and 24 years old was 15.88 current U.S. dollars. Women between the ages of 35 and 44 years old made the most in that year, with a median hourly wage of 19.84 current U.S. dollars.

Graph and download economic data for Real Median Personal Income in the United States (MEPAINUSA672N) from 1974 to 2023 about personal income, personal, median, income, real, and USA.

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.

In 2023, the hourly earning of a man in the United States between 20 and 24 years old amounted to 17.13 U.S. dollars. Men between the ages of 45 and 54 years old earned the most in that year, with a median hourly wage of 22.79 current U.S. dollars.

About this dataset

Context

The dataset presents the the household distribution across 16 income brackets among four distinct age groups in Toronto: 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 0 households where the householder is under 25 years old, 0 households with a householder aged between 25 and 44 years, 14(41.18%) households with a householder aged between 45 and 64 years, and 20(58.82%) households where the householder is over 65 years old.
• In Toronto, the age group of 65 years and over 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 Toronto median household income by age. You can refer the same here

Graph and download economic data for Income Before Taxes: Wages and Salaries by Age: from Age 25 to 34 (CXU900000LB0403M) from 1984 to 2023 about age, 25 years +, salaries, tax, wages, income, and USA.

Explore the progression of average salaries for graduates in Health Systems (1 Yr Of Rel Exp For Unrel Fld Of Study) See H.14 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 Health Systems (1 Yr Of Rel Exp For Unrel Fld Of Study) See H.14 relative to other fields. This data is essential for students assessing the return on investment of their education in Health Systems (1 Yr Of Rel Exp For Unrel Fld Of Study) See H.14, providing a clear picture of financial prospects post-graduation.

Belgium Average Monthly Salary: Age: 25 to 29 data was reported at 3,049.000 EUR in 2021. This records an increase from the previous number of 3,007.000 EUR for 2020. Belgium Average Monthly Salary: Age: 25 to 29 data is updated yearly, averaging 2,491.000 EUR from Sep 1999 (Median) to 2021, with 23 observations. The data reached an all-time high of 3,049.000 EUR in 2021 and a record low of 1,880.000 EUR in 1999. Belgium Average Monthly Salary: Age: 25 to 29 data remains active status in CEIC and is reported by Directorate-General Statistics - Statistics Belgium. The data is categorized under Global Database’s Belgium – Table BE.G036: Average Monthly Salary.

Every year between 2013 and 2021, employees from the combined Pakistani and Bangladeshi ethnic group had the lowest average hourly pay out of all ethnic groups.

This statistic shows the median household income in the United States from 1990 to 2023 in 2023 U.S. dollars. The median household income was 80,610 U.S. dollars in 2023, an increase from the previous year. Household incomeThe median household income depicts the income of households, including the income of the householder and all other individuals aged 15 years or over living in the household. Income includes wages and salaries, unemployment insurance, disability payments, child support payments received, regular rental receipts, as well as any personal business, investment, or other kinds of income received routinely. The median household income in the United States varies from state to state. In 2020, the median household income was 86,725 U.S. dollars in Massachusetts, while the median household income in Mississippi was approximately 44,966 U.S. dollars at that time. Household income is also used to determine the poverty line in the United States. In 2021, about 11.6 percent of the U.S. population was living in poverty. The child poverty rate, which represents people under the age of 18 living in poverty, has been growing steadily over the first decade since the turn of the century, from 16.2 percent of the children living below the poverty line in year 2000 to 22 percent in 2010. In 2021, it had lowered to 15.3 percent. The state with the widest gap between the rich and the poor was New York, with a Gini coefficient score of 0.51 in 2019. The Gini coefficient is calculated by looking at average income rates. A score of zero would reflect perfect income equality and a score of one indicates a society where one person would have all the money and all other people have nothing.

Explore the progression of average salaries for graduates in Acting Plus 1 Yr Of Wrk Exp For Unrel Fld Of Study To Meet Bs Req, See H.14) 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 Acting Plus 1 Yr Of Wrk Exp For Unrel Fld Of Study To Meet Bs Req, See H.14) relative to other fields. This data is essential for students assessing the return on investment of their education in Acting Plus 1 Yr Of Wrk Exp For Unrel Fld Of Study To Meet Bs Req, See H.14), providing a clear picture of financial prospects post-graduation.

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

Explore the progression of average salaries for graduates in Business Informatics (3-Yr Bachelor In Bus. Info Sys) 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 Business Informatics (3-Yr Bachelor In Bus. Info Sys) relative to other fields. This data is essential for students assessing the return on investment of their education in Business Informatics (3-Yr Bachelor In Bus. Info Sys), providing a clear picture of financial prospects post-graduation.

About this dataset

Context

The dataset presents the the household distribution across 16 income brackets among four distinct age groups in Saltville: 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 20(2.33%) households where the householder is under 25 years old, 158(18.39%) households with a householder aged between 25 and 44 years, 384(44.70%) households with a householder aged between 45 and 64 years, and 297(34.58%) households where the householder is over 65 years old.
• In Saltville, the age group of 45 to 64 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 Saltville median household income by age. You can refer the same here

Explore the progression of average salaries for graduates in Information Technology Equiv. Based On 3 Yr Bach 2 Yr Mast 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 Information Technology Equiv. Based On 3 Yr Bach 2 Yr Mast relative to other fields. This data is essential for students assessing the return on investment of their education in Information Technology Equiv. Based On 3 Yr Bach 2 Yr Mast, providing a clear picture of financial prospects post-graduation.

Explore the progression of average salaries for graduates in Technology Mngt (And 4-Yr Btech In Electronics & Comm Engg) 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 Technology Mngt (And 4-Yr Btech In Electronics & Comm Engg) relative to other fields. This data is essential for students assessing the return on investment of their education in Technology Mngt (And 4-Yr Btech In Electronics & Comm Engg), providing a clear picture of financial prospects post-graduation.

Explore the progression of average salaries for graduates in 3 Yrs Unilevel Study 1 Yr Rltd Exp See H.14 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 3 Yrs Unilevel Study 1 Yr Rltd Exp See H.14 relative to other fields. This data is essential for students assessing the return on investment of their education in 3 Yrs Unilevel Study 1 Yr Rltd Exp See H.14, providing a clear picture of financial prospects post-graduation.

Explore the progression of average salaries for graduates in Sociology + 1 Yr Of Related Experience (See H.14) 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 Sociology + 1 Yr Of Related Experience (See H.14) relative to other fields. This data is essential for students assessing the return on investment of their education in Sociology + 1 Yr Of Related Experience (See H.14), providing a clear picture of financial prospects post-graduation.

Explore the progression of average salaries for graduates in 3 Yr.Associate In Marine Transportation 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 3 Yr.Associate In Marine Transportation relative to other fields. This data is essential for students assessing the return on investment of their education in 3 Yr.Associate In Marine Transportation, providing a clear picture of financial prospects post-graduation.