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Here's how much the typical millennial, Gen X, and baby boomer worker earns in every US state
Here's how much the typical millennial, Gen X, and baby boomer worker earns in every US state
Andy KierszJul 5, 2018, 22:14 IST
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Older Americans tend to have a higher income than younger Americans, and this holds in most US states and Washington, DC.
Business Insider found the median income for full-time, year-round workers in each state among three generational age groups: Millennials, Gen X, and baby boomers.
The gap in median income between millennials and baby boomers ranged from the older generation making 25% more than millennials in DC to 91% more than millennials in Alaska.
Across the US, older workers tend to have a higher income than younger workers.
Business Insider analyzed individual-level data from the US Census Bureau's 2016 American Community Survey available from the Minnesota Population Center's Integrated Public Use Microdata Series and found the median total income among full-time, year-round employed workers in each state for three generational age groups: Millennials (age 20-35 in 2016), Gen X (age 36-51), and baby boomers (age 52-70).
Overall, older workers tended to have higher incomes than younger workers. In all 50 states and Washington DC, the median millennial made less money than the median Gen X or baby boomer worker, and in most states boomers earned more than their Gen X counterparts.
The gap in median salary between millennials and baby boomers ranged from the median boomer making 25% more than the median millennial in the District of Columbia to a whopping 91% gap between the median millennial and median boomer in Alaska.
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Here's what the typical worker in each of those three generations makes in every state: