The Diverse Wealth Landscape: A Glimpse at American Earnings Across States and Generations

Updated On: February 24, 2024 9:18 am

Salaries, like the shifting tides, ebb and flow across the vast expanse of America, meandering through different states and generations. How much you earn isn’t just a matter of work, but location and life stage. From brand-new beginners to seasoned veterans; from golden years to fresh starts – incomes fluctuate as widely as the currents of the Mississippi or the waves off the coast of Hawaii.

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A recent study by Scholaroo shines a spotlight on the salary landscape across the generations. The report unveils that Generation X reigns supreme in the earnings realm nationwide. However, dollars don’t rain in abundance in Mississippi, the state where millennials, Gen Xers, and baby boomers all grapple with the lowest median income. For Gen Z, the financial horizon appears dimmest in West Virginia. Conversely, the boomer bonanza is alive and well in the sunny shores of Hawaii.

Ready yourself for a panoramic view of median earnings in each state, meticulously dissected by age brackets. This financial odyssey offers you a chance for self-reflection against the backdrop of nationwide income averages.

Decatur, AL/USA, 6/9/2019, Alabama Jubilee Hot Air Balloon Classic.

The Southern Charm of Alabama

Median income for ages 15 to 24: $29,426
Median income for ages 25 to 44: $29,426
Median income for ages 45 to 64: $73,784
Median income for ages 65 and over: $47,114

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Haines Alaska from across the water with snow on the mountains.

Alaska: America’s Icy Beacon

Median income for ages 15 to 24: $60,279
Median income for ages 25 to 44: $96,771
Median income for ages 45 to 64: $102,313
Median income for ages 65 and over: $66,292

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Lake Havasu City is a city in Mohave County, Arizona, United States.

The Enigmatic Allure of Arizona

Median income for ages 15 to 24: $50,398
Median income for ages 25 to 44: $81,195
Median income for ages 45 to 64: $92,454
Median income for ages 65 and over: $57,507

Hot Springs, Arkansas, USA town skyline in the mountains.

Arkansas: Nature’s Tapestry

Median income for ages 15 to 24: $40,558
Median income for ages 25 to 44: $63,320
Median income for ages 45 to 64: $64,247
Median income for ages 65 and over: $42,943

the skyline of los angeles during sunset.

California: The Golden State’s Piedmont

Median income for ages 15 to 24: $49,532
Median income for ages 25 to 44: $100,620
Median income for ages 45 to 64: $107,236
Median income for ages 65 and over: $65,628

Historic Leadville with snow covered Mount Massive in the background.

Colorado: The Rockies’ Whisper

Median income for ages 15 to 24: $48,585
Median income for ages 25 to 44: $99,253
Median income for ages 45 to 64: $106,655
Median income for ages 65 and over: $63,445

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Saybrook Point marina in the summer, Connecticut

Connecticut: The Maritime Muse

Median income for ages 15 to 24: $45,347
Median income for ages 25 to 44: $97,380
Median income for ages 45 to 64: $107,844
Median income for ages 65 and over: $65,053

A nautical scene of a canal in a small town with roses in the foreground.

Delaware: Tales of the First State

Median income for ages 15 to 24: $41,216
Median income for ages 25 to 44: $90,172
Median income for ages 45 to 64: $98,135
Median income for ages 65 and over: $62,733

Destin, USA - April 24, 2018: Miramar beach city town village with colorful multicolored yellow beachfront houses in Florida panhandle gulf of mexico, coast highway road street.

Florida: Sun-Drenched Prosperity

Median income for ages 15 to 24: $42,617
Median income for ages 25 to 44: $77,487
Median income for ages 45 to 64: $82,587
Median income for ages 65 and over: $52,625

The Varied Landscape of State Median Incomes across Different Age Groups

Georgia

Average income for people aged 15 to 24: $41,018
Average income for people aged 25 to 44: $78,182
Average income for people aged 45 to 64: $87,602
Average income for people aged 65 and over: $51,664

Hawaii

Average income for individuals aged 15 to 24: $55,320
Average income for individuals aged 25 to 44: $94,201
Average income for individuals aged 45 to 64: $108,693
Average income for individuals aged 65 and over: $77,957

Idaho

Average income for individuals aged 15 to 24: $44,999
Average income for individuals aged 25 to 44: $82,710
Average income for individuals aged 45 to 64: $86,632
Average income for individuals aged 65 and over: $52,132

Illinois

Average income for individuals aged 15 to 24: $39,545
Average income for individuals aged 25 to 44: $86,623
Average income for individuals aged 45 to 64: $92,666
Average income for individuals aged 65 and over: $55,071

Indiana

Average income for individuals aged 15 to 24: $37,133
Average income for individuals aged 25 to 44: $76,734
Average income for individuals aged 45 to 64: $82,433
Average income for individuals aged 65 and over: $48,309

Iowa

Average income for individuals aged 15 to 24: $42,262
Average income for individuals aged 25 to 44: $79,279
Average income for individuals aged 45 to 64: $88,331
Average income for individuals aged 65 and over: $52,006

Kansas

Average income for individuals aged 15 to 24: $36,935
Average income for individuals aged 25 to 44: $79,212
Average income for individuals aged 45 to 64: $84,943
Average income for individuals aged 65 and over: $52,203

Kentucky

Average income for individuals aged 15 to 24: $37,769
Average income for individuals aged 25 to 44: $69,081
Average income for individuals aged 45 to 64: $70,914
Average income for individuals aged 65 and over: $43,927

Louisiana

Average income for individuals aged 15 to 24: $34,407
Average income for individuals aged 25 to 44: $64,889
Average income for individuals aged 45 to 64: $64,298
Average income for individuals aged 65 and over: $42,215

Exploring Median Incomes Across Different Age Groups in Various States

The Michigan Landscape

Median income for ages 15 to 24: $40,683
Median income for ages 25 to 44: $75,984
Median income for ages 45 to 64: $82,652
Median income for ages 65 and over: $51,010

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Grand Marais, Minnesota Beauty

Insight into Mississippi

Median income for ages 15 to 24: $36,457
Median income for ages 25 to 44: $58,641
Median income for ages 45 to 64: $60,998
Median income for ages 65 and over: $41,013

Vibrant Mississippi River Bridge in Vicksburg

Traversing Through Missouri

Median income for ages 15 to 24: $38,273
Median income for ages 25 to 44: $74,132
Median income for ages 45 to 64: $78,791
Median income for ages 65 and over: $48,298

Serene Waters in Bigfork, Montana

Discovering Montana’s Charm

Median income for ages 15 to 24: $41,174
Median income for ages 25 to 44: $80,901
Median income for ages 45 to 64: $79,817
Median income for ages 65 and over: $48,165

Aerial View of Midtown Omaha, Nebraska

Exploring Nebraska’s Panorama

Median income for ages 15 to 24: $37,867
Median income for ages 25 to 44: $79,871
Median income for ages 45 to 64: $88,391
Median income for ages 65 and over: $51,974

Dusk in Las Vegas, Nevada

Living It Up in Nevada

Median income for ages 15 to 24: $51,199
Median income for ages 25 to 44: $77,839
Median income for ages 45 to 64: $84,647
Median income for ages 65 and over: $54,959

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Scenic View of Somersworth, New Hampshire

Journeying Through New Hampshire

Median income for ages 15 to 24: $58,255
Median income for ages 25 to 44: $101,859
Median income for ages 45 to 64: $114,313
Median income for ages 65 and over: $59,946

Seaside Heights, New Jersey Boardwalk

Embracing the New Jersey Shoreline

Median income for ages 15 to 24: $52,624
Median income for ages 25 to 44: $106,274
Median income for ages 45 to 64: $117,412
Median income for ages 65 and over: $65,988

Twilight in Santa Fe, New Mexico

Touring New Mexico’s Aesthetic

Median income for ages 15 to 24: $30,195
Median income for ages 25 to 44: $66,010
Median income for ages 45 to 64: $70,567
Median income for ages 65 and over: $50,240

Sunset Beauty in New York City

Unveiling New York’s Diverse Spectrum

Median income for ages 15 to 24: $43,121
Median income for ages 25 to 44: $92,270
Median income for ages 45 to 64: $93,854
Median income for ages 65 and over: $55,878

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North Carolina

Median income for ages 15 to 24: $43,453
Median income for ages 25 to 44: $74,876
Median income for ages 45 to 64: $81,185
Median income for ages 65 and over: $49,781

A Glimpse into North Carolina’s Income Landscape

North Dakota

Median income for ages 15 to 24: $40,508
Median income for ages 25 to 44: $82,358
Median income for ages 45 to 64: $90,744
Median income for ages 65 and over: $56,319

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Ohio

Median income for ages 15 to 24: $38,314
Median income for ages 25 to 44: $75,119
Median income for ages 45 to 64: $81,640
Median income for ages 65 and over: $49,081

Ohio’s Median Incomes: Insight into Different Age Categories

Oklahoma

Median income for ages 15 to 24: $35,945
Median income for ages 25 to 44: $65,842
Median income for ages 45 to 64: $71,172
Median income for ages 65 and over: $47,259

Oklahoma’s Income Median: A Closer Look by Age

Oregon

Median income for ages 15 to 24: $45,239
Median income for ages 25 to 44: $86,934
Median income for ages 45 to 64: $89,663
Median income for ages 65 and over: $55,973

Exploring Oregon’s Median Incomes Across Age Demographics

Pennsylvania

Median income for ages 15 to 24: $40,784
Median income for ages 25 to 44: $83,481
Median income for ages 45 to 64: $88,589
Median income for ages 65 and over: $50,330

An Overview of Pennsylvania’s Median Incomes by Age Group

Rhode Island

Median income for ages 15 to 24: $53,236
Median income for ages 25 to 44: $93,542
Median income for ages 45 to 64: $99,092
Median income for ages 65 and over: $55,691

Rhode Island’s Median Incomes: A Comprehensive Age-Based Analysis

South Carolina

Median income for ages 15 to 24: $40,620
Median income for ages 25 to 44: $72,086
Median income for ages 45 to 64: $76,234
Median income for ages 65 and over: $50,287

Unveiling South Carolina’s Median Incomes Across Different Age Ranges

South Dakota

Median income for ages 15 to 24: $44,195
Median income for ages 25 to 44: $80,824
Median income for ages 45 to 64: $84,326
Median income for ages 65 and over: $50,665

South Dakota’s Median Incomes Segmented by Age Categories

Tennessee

Median income for ages 15 to 24: $42,104
Median income for ages 25 to 44: $71,706
Median income for ages 45 to 64: $80,307
Median income for ages 65 and over: $48,478

The Melody of Tennessee’s Median Incomes Across Different Age Brackets

Texas

Median income for ages 15 to 24: $38,563
Median income for ages 25 to 44: $77,881
Median income for ages 45 to 64: $88,321
Median income for ages 65 and over: $45,128

Peering into Texas’s Median Incomes Across Different Age Distributions

Exploring Median Salaries Across Different Age Groups in Various States in the US

Insights into Median Salaries Across Different Age Cohorts in States Across the US

Utah: Land of Financial Opportunities

Median income for ages 15 to 24: $54,506
Median income for ages 25 to 44: $95,206
Median income for ages 45 to 64: $111,825
Median income for ages 65 and over: $63,225

Vermont: Where Financial Stability Blooms

Median income for ages 15 to 24: $41,265
Median income for ages 25 to 44: $88,484
Median income for ages 45 to 64: $91,631
Median income for ages 65 and over: $53,245

Virginia: A Place Where Incomes Soar

Median income for ages 15 to 24: $44,335
Median income for ages 25 to 44: $93,923
Median income for ages 45 to 64: $107,552
Median income for ages 65 and over: $61,447

Washington: Riding the Wave of Prosperity

Median income for ages 15 to 24: $54,660
Median income for ages 25 to 44: $102,996
Median income for ages 45 to 64: $110,130
Median income for ages 65 and over: $62,597

West Virginia: Navigating Economic Challenges

Median income for ages 15 to 24: $27,380
Median income for ages 25 to 44: $64,761
Median income for ages 45 to 64: $66,250
Median income for ages 65 and over: $41,438

Wisconsin: Embracing Financial Stability

Median income for ages 15 to 24: $42,103
Median income for ages 25 to 44: $83,689
Median income for ages 45 to 64: $86,861
Median income for ages 65 and over: $50,167

Wyoming: Where Economic Fortunes Shine

Median income for ages 15 to 24: $39,353
Median income for ages 25 to 44: $83,815
Median income for ages 45 to 64: $79,563
Median income for ages 65 and over: $53,229

All data is sourced from Scholaroo and is accurate as of Dec. 6, 2023.

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This article originally appeared on GOBankingRates.com: See the Median Salary of Americans Your Age in Every State

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