- 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.
Here's what the typical worker in each of those three generations makes in every state: