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The Average Salary by Age

Posted on 4/11/19 at 11:33 pm
Posted by pioneerbasketball
Team Bunchie
Member since Oct 2005
132344 posts
Posted on 4/11/19 at 11:33 pm
siap

Can a 16-18 year old kid make 22k/year? $448.50 per week


The Average Salary by Age



quote:

Many Americans are unemployed or under-employed – working part-time when they would prefer to be working full-time – so take these BLS stats on average salary with a grain of salt because they only apply to full-time wage- or salary-earners. Within each age bracket, earnings vary widely by gender, race and education level, too. Some people also get income from sources other than salary and wage earnings – sources like investment income.
Posted by TheWalrus
Member since Dec 2012
40518 posts
Posted on 4/11/19 at 11:49 pm to
Well it says right there in the stipulations that it only applies to full time workers, so I assume there is a minimum work week hours minimum. That 16-19 salary is basically a 40 hour a week job at 11 bucks an hour. You can make more waiting tables. Sounds perfectly reasonable to me.
This post was edited on 4/11/19 at 11:51 pm
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 4/12/19 at 3:08 am to
Don’t forget to include sign on bonuses.
Posted by TheWiz
Third World, LA
Member since Aug 2007
11677 posts
Posted on 4/12/19 at 4:29 am to
Nice. Very nice.
Posted by bayoubengals88
LA
Member since Sep 2007
18919 posts
Posted on 4/12/19 at 7:27 am to
10k above my age bracket as a ...........TEACHER
Posted by bayoubengals88
LA
Member since Sep 2007
18919 posts
Posted on 4/12/19 at 7:27 am to
quote:

Don’t forget to include sign on bonuses.

Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 4/12/19 at 8:17 am to
Damn I’m rich
Posted by hungryone
river parishes
Member since Sep 2010
11987 posts
Posted on 4/12/19 at 8:19 am to
Maybe if you’re an 18 year old enlisted in the military?
Posted by AUCE05
Member since Dec 2009
42566 posts
Posted on 4/12/19 at 8:20 am to
I agree with everything here minus the line of "want to be a full time employee." These people want to off time and not have to grind.
Posted by oauron
Birmingham, AL
Member since Sep 2011
14512 posts
Posted on 4/12/19 at 8:22 am to
quote:

I agree with everything here minus the line of "want to be a full time employee." These people want to off time and not have to grind.


Not really close to the truth in my experience. People are forced to take a part time designation because their employer doesn't want to give them benefits. Even if they're working 35+ hours a week as part time.
Posted by AUCE05
Member since Dec 2009
42566 posts
Posted on 4/12/19 at 8:25 am to
Agree on the contract game being out of control. However, if you are good with money, you can come out a head. Old guys at work refuse to go fte. I asked one why, and he was like "I am not taking a pay cut."
Posted by 50_Tiger
Dallas TX
Member since Jan 2016
40093 posts
Posted on 4/12/19 at 9:23 am to
That chart cant be right.

I dont feel that well off.
Posted by RedHawk
Baton Rouge
Member since Aug 2007
8848 posts
Posted on 4/12/19 at 10:37 am to
quote:

That chart cant be right.

I dont feel that well off.


It probably is. It is an average across the board. A lot of people barely make 30K a year.
Posted by lynxcat
Member since Jan 2008
24147 posts
Posted on 4/12/19 at 10:41 am to
I prefer median statistics and percentile charts when understanding these trends.

Nonetheless, these figures will make many MTB posters grateful for their positions.
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
32451 posts
Posted on 4/12/19 at 10:52 am to
quote:

I prefer median statistics

Right, IMO median would be a more accurate representation of what a typical person in these age brackets is earning.
Posted by castorinho
13623 posts
Member since Nov 2010
82030 posts
Posted on 4/12/19 at 10:58 am to
Well they didn't specify what kind of average. And I didn't see the raw data, so hard to tell.
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 4/12/19 at 11:07 am to
This one will probably feel a little more believable. It's "middle income" by state and by household size (interactive so you can't grab an image url)

LINK

range displayed for each state is between 2/3 median to double the median, which is pew's definition of middle income.

eyeballing louisiana for a 4-person household, 50th percentile looks to be something like 75-78K
This post was edited on 4/12/19 at 11:09 am
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80774 posts
Posted on 4/12/19 at 5:45 pm to
This is hard to comprehend but I guess there are plenty of poor folks out there
This post was edited on 4/12/19 at 5:46 pm
Posted by pioneerbasketball
Team Bunchie
Member since Oct 2005
132344 posts
Posted on 4/12/19 at 9:50 pm to
quote:

(interactive so you can't grab an image url)

Challenge accepted

People in Household Starting with 1 and going to 5





Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 4/12/19 at 10:41 pm to
All that oil money almost keeping Louisiana out of the bottom ten
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