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More American women are single than ever before—and it’s costing them big money

Posted on 8/20/25 at 3:54 pm
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
135243 posts
Posted on 8/20/25 at 3:54 pm
quote:

FORTUNE

More American women are single than ever before—and it’s costing them big money

By Megan Leonhardt
March 18, 2023


The growing number of single adults helps to normalize Americans’ decisions to remain uncoupled and broaden social trends. In fact, 68% of Americans believe that the stigma of being single is gradually diminishing, according to a recent survey by The Harris Poll. Yet, single women still tend to face more challenges when building wealth.

In fact, Harris finds three-quarters of Americans say that it can be more affordable to be in a relationship—especially when it comes to splitting everyday costs like housing expenses, food prices, or monthly bills.

And all singledom is not created equal, especially when it comes to gender parity. Women face not only a gender wage gap in the U.S.—earning about $0.83 per dollar to men—but they also run up against a wealth gap too. The median household income for married couples was $106,921 as of 2021, according to Census data. Single women earn a median income of $51,168, while single men make $70,525.

But it turns out the wealth gap is actually even wider than the pay gap, according to research from the Federal Bank of St. Louis. Married couples had a median net worth of just over $200,000 in 2019, according to the Federal Reserve’s latest survey of consumer finances. In contrast, single men had a median net worth of $57,000, while single women only accrued $47,000.

While that’s troubling, the Fed’s data includes both women who have never married, as well as those who divorced and may have commingled assets at some point. The St. Louis Fed’s research finds that single women who never married have a lower net worth of about $0.71 cents per one dollar compared to the median never-married man’s wealth, or a wealth penalty of about 29%. The picture gets even more bleak for single women with children.

LINK
Posted by SallysHuman
Lady Palmetto Bug
Member since Jan 2025
13316 posts
Posted on 8/20/25 at 3:57 pm to
Who would have thought that pooling assets, earnings and expenses was the way to go?
Posted by notsince98
KC, MO
Member since Oct 2012
21269 posts
Posted on 8/20/25 at 3:59 pm to
all this crap falls on deaf ears with me because in my world women are specifically paid more than men for doing the same job.
Posted by billjamin
Houston
Member since Jun 2019
16337 posts
Posted on 8/20/25 at 3:59 pm to
Can't hit that divorce payout if no one will marry you.
Posted by 4cubbies
Member since Sep 2008
58553 posts
Posted on 8/20/25 at 4:01 pm to
quote:

The St. Louis Fed’s research finds that single women who never married have a lower net worth of about $0.71 cents per one dollar compared to the median never-married man’s wealth, or a wealth penalty of about 29%.

You usually argue that the wealth gap doesn't exist.
This post was edited on 8/20/25 at 4:06 pm
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
135243 posts
Posted on 8/20/25 at 4:02 pm to
quote:

You usually argue that the wealth gap doesn't exist.
Posted by chalmetteowl
Chalmette
Member since Jan 2008
53491 posts
Posted on 8/20/25 at 4:03 pm to
I mean if they think high earning men are toxic thats their own fault
Posted by 4cubbies
Member since Sep 2008
58553 posts
Posted on 8/20/25 at 4:06 pm to
as it relates to women being paid less.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
135243 posts
Posted on 8/20/25 at 4:08 pm to
quote:

You usually argue that the wealth gap doesn't exist.
The quickest route to poverty is single-parent motherhood.
Posted by 4cubbies
Member since Sep 2008
58553 posts
Posted on 8/20/25 at 4:11 pm to
quote:

The quickest route to poverty is single-parent motherhood.



The wealth gap exists for women without children, as well.

quote:

Louis Fed’s research finds that single women who never married have a lower net worth of about $0.71 cents per one dollar compared to the median never-married man’s wealth, or a wealth penalty of about 29%. The picture gets even more bleak for single women with children.
Posted by Nosevens
Member since Apr 2019
16958 posts
Posted on 8/20/25 at 4:11 pm to
I imagine that the obvious answer of wealth gap between stable married couples and single people escapes you. Considering that stable married people are invested if increasing their lifestyles and generally are more productive in life versus people that aren’t married for whatever reasons. While yes there are very big earners that are single, women and men alike, they are a much smaller pool of individuals more like the example not the rule. Stable households generally produce healthier stable children that in-turn produce healthier lives.
Posted by Auburn1968
NYC
Member since Mar 2019
24942 posts
Posted on 8/20/25 at 4:11 pm to

The choice of field of employment has consequences in that mix.
Posted by RohanGonzales
Member since Apr 2024
7823 posts
Posted on 8/20/25 at 4:14 pm to
quote:


as it relates to women being paid less.


Women are not paid less for the same job.
Posted by dnm3305
Member since Feb 2009
15796 posts
Posted on 8/20/25 at 4:15 pm to
quote:

You usually argue that the wealth gap doesn't exist.


It may exist but it’s not because of misogyny as feminist such as yourself imply.

It’s because it is proven over and over again that women are terrible leaders and constantly make poor decisions when put in positions of leadership. They also are far less likely to work 50+ hour weeks. They are also naturally less ambitious and take less risk, and we can go on and on and on.

And from someone that has employed over 80 females in the last 7 years, yall fricking create so many god damn fricking problems out of thin air, almost likes it’s your duty to frick up a good thing.
This post was edited on 8/20/25 at 4:20 pm
Posted by TygerTyger
Houston
Member since Oct 2010
10728 posts
Posted on 8/20/25 at 4:16 pm to
Decades of brainwashing these little angels to believe that they are all perfect princesses in every way has created a demographic of entitled, delusional, ungrateful, 4’s that think they are 10’s.

So they snub guys in their league and chase the Chads who pump and dump them.

Shitting parenting and Disney fantasy are to blame for this.

Kevin Samuels was a harbinger that was taken from us too soon.
Posted by HeadCall
Member since Feb 2025
5715 posts
Posted on 8/20/25 at 4:16 pm to
quote:

all this crap falls on deaf ears with me because in my world women are specifically paid more than men for doing the same job.


What world is that?
Posted by dgnx6
Member since Feb 2006
85433 posts
Posted on 8/20/25 at 4:17 pm to
quote:

You usually argue that the wealth gap doesn't exist.


There is a huge wealth gap between me and Oprah.


Posted by djsdawg
Member since Apr 2015
39323 posts
Posted on 8/20/25 at 4:19 pm to
quote:

Who would have thought that pooling assets, earnings and expenses was the way to go


A normal person, but certainly NOT a modern day liberal
Posted by mule74
Watersound Beach
Member since Nov 2004
12442 posts
Posted on 8/20/25 at 4:19 pm to
quote:

Who would have thought that pooling assets, earnings and expenses was the way to go?



I couldn’t post this fast enough.
Posted by Nosevens
Member since Apr 2019
16958 posts
Posted on 8/20/25 at 4:21 pm to
Paid less per hour, week, year ? How are you determining that answer? Are the doing the same work getting paid less or are you judging say a welder pay for 40 hours against a woman who works as a teacher? I know women doctors and lawyers that because of their specialties knock it out the park compared to male colleagues that are less specific in the field. I know women that work in physical therapy that do good compared to men in warehouse jobs who bust their arses. If you have a example of a man & woman doing the same thing for the same amount of time invested but man is making noticeable difference feel free to share
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