{"id":71617,"date":"2025-09-18T14:45:58","date_gmt":"2025-09-18T14:45:58","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/71617\/"},"modified":"2025-09-18T14:45:58","modified_gmt":"2025-09-18T14:45:58","slug":"average-income-by-age-according-to-money-expert","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/71617\/","title":{"rendered":"Average Income by Age, According to Money Expert"},"content":{"rendered":"

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Real estate investor and prominent YouTube personal finance influencer Graham Stephan recently took to the video platform<\/a> to discuss both net worth<\/a> and income statistics pertaining to Americans of a wide range of age cohorts.<\/p>\n

So, what\u2019s the average income for Americans<\/a> in their 20s, 30s, 40s, 50s and 60s? Let\u2019s take a look.<\/p>\n

Average Income for Americans in Their 20s<\/p>\n

Interestingly enough, while Stephan kicked things off with an extensive financial portrait of younger Americans<\/a> \u2014 including a median net worth of $7,638, given limited earning potential and the burden of student loans \u2014 the YouTuber didn\u2019t delve into income figures.<\/p>\n

Stephan did provide his source, however, in DQYDJ<\/a>. For 2023, the most recent dataset available, a 20-year-old in the U.S. was listed as having an average salary of $28,768, while a 29-year-old takes home $66,843 on a yearly basis.<\/p>\n

And, according to the Bureau of Labor Statistics<\/a>, those aged 20 to 24 bring in a median (not average) of $40,664 annually, while those aged 25 to 34 earn a median of $59,228, providing a more rounded fiscal portrait.<\/p>\n

Average Income for Americans in Their 30s<\/p>\n

Stephan dug a little deeper for those thirty-somethings kicking off their careers<\/a>, with substantial wage growth being in evidence across this demographic.<\/p>\n

According to Stephan, the average 35-year-old American is earning $81,616 per year.<\/p>\n

BLS numbers (again, notably, measuring a median rather than the average) came in much lower, however, at $59,228 annually for those between the ages of 25 and 34, and $70,252 for those aged 35 to 44.<\/p>\n

Average Income for Americans in Their 40s, 50s and 60s<\/p>\n

Regarding those entering middle age, Stephan noted that for Americans in their 40s, the median income came in at ~$60,000 while the average rested at a more specific $84,526.<\/p>\n

This presents a logical case, given that this is the life stage in which most workers achieve their highest earnings and have ideally had time to cultivate an established, well-paying career.<\/p>\n

Finally, for Americans in their 50s, the YouTuber detailed an average income of approximately $70,000 a year \u2014 and for those in their 60s<\/a>, hopefully eyeing retirement, that number declines to ~$66,000, with a median income slightly lower, pegged at just over $60,000.<\/p>\n","protected":false},"excerpt":{"rendered":"CiydemImages \/ iStock.com Commitment to Our Readers GOBankingRates’ editorial team is committed to bringing you unbiased reviews and…\n","protected":false},"author":2,"featured_media":71618,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[177],"tags":[79,18,5267,19,17,825,234,235,5644],"class_list":{"0":"post-71617","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-eire","10":"tag-gobankingrates","11":"tag-ie","12":"tag-ireland","13":"tag-money","14":"tag-personal-finance","15":"tag-personalfinance","16":"tag-wealth"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/71617","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=71617"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/71617\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/71618"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=71617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=71617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=71617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}