Poppy Bilderbeck
The median salary in the US by age bracket has been revealed and the results may shock you.
With people selling up on land and moving aboard cruise ships in a quest for a cheaper existence and one man having even decided to up sticks and go and live in a dumpster, the state of salaries versus how much it costs to live certainly leaves a lot to be desired.
But when you break it down, just how bad is it and which age range is getting f**ked over the most?
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Well, the US Department of Labor’s Bureau of Labor Statistics (BLS) released the median earnings by age in the United States in 2024.
Statistics shared by Forbes Advisor reveal the median weekly wage, annual wage and even hourly wage in the US ordered in terms of age bracket.
It reveals 16 to 19-year-olds earn a median of $611 per week, $31,772 a year and $15.28 an hour and 20 to 24-year-olds come in at a median of $737-a-week, $38,324 per year and $18.43 an hour.
Then there's a bit of a leap to 25 to 34-year-olds, who reportedly earn a median of $1,018 per week, $52,936 per year and around $25.45 an hour.
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35 to 44-year-olds earn a median of $1,223 per week, $63,596 per year and $30.58 per hour, 45 to 54-year-olds, $1,239-a-week, $64,428 per year and $30.98 an hour.
And - after reaching a high of $64,428 - the data then reveals a slow decline begins to occur, with 55 to 64-year-olds earning a median of $1,218 per week, $63,336 a year and $30.45 an hour, with 65 years and older then earning a median of $1,042 a week, $54,184 per year and $26.05 an hour.
You may notice that the BLS data shows a bigger jump in salary between the 20 to 24 age bracket and 25 to 34-year-olds - more than the other age ranges.
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In 2023, there was a similar gap and Capital One explained: "This might be because individuals gain more experience in an industry and develop more hard skills and soft skills."
Oh, and the fact the top median salary is just $64,428. Well, at least we're all in it together, eh? And it's not taken long for social media users to weigh in.
One Twitter user said: "This seems low. Very low."
Another added: "I’m 31 I make 145k a year in Cali. (Bay Area)… Still broke… smh system is F’ up!"
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A third wrote: "I feel bad for people making less than average."
And another simply questioned: "How do people survive on that in first world countries?"