Visualizing Income By Age Group in the U.S.


The above chart, using data from the U.S. Census Bureau, shows the distribution of individual income by age group in the U.S.

Some Interesting Observations

Half of all 15 – 24 year-olds earn less than $12.5k per year. Not much of a surprise considering most individuals in this age bracket are still in high school or college with part-time jobs. 

Only 5.4% of 15 – 24 year-olds earn more than $50k per year. This percentage increases to 25.3% among 25-29 year-olds.

40 – 44 year-olds represent the age bracket with the highest percentage of individuals (56.3%) who earn over $50k per year.

50 – 54 year-olds have the highest percentage of individuals who earn $100k or more per year. Not much of a surprise either considering this is when earnings tend to peak in traditional jobs.

It’s interesting to see that in nearly every age group there’s a larger percentage of people who earn $100k per year than $75k – $100k per year.

In general, individual income tends to increase up to around age 40 – 54 before falling lower as age increases.

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