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Where Young Americans Earn the Most - Mapped (Median Income)
Posted on 5/28/26 at 9:05 am
Posted on 5/28/26 at 9:05 am
LINK
But higher incomes do not always translate into greater financial comfort...
In investing, after-tax & inflation returns s/b focus
In earnings, your bottom line s/b focus (not top line earnings)
quote:
Massachusetts ranks first at $123.2K, followed closely by Washington, D.C. and New Jersey. At the other end, Mississippi ranks last at $66K, meaning young households in Massachusetts earn about 87% more.
quote:
At the other end of the spectrum, Mississippi, Louisiana, Arkansas, and West Virginia report the country’s lowest median incomes for young households, all below $72K. These states generally have lower concentrations of high-wage industries and lower rates of bachelor’s degree attainment.
But higher incomes do not always translate into greater financial comfort...
quote:
Several of the top-ranked states, including Massachusetts, California, and New Jersey, also have some of America’s highest housing costs. In many large coastal metros, rising rents, childcare expenses, and home prices absorb a substantial share of household earnings.
While Massachusetts households earn the most, a median family of four retains just 16% of its paycheck after major expenses, compared to the U.S. average of 24.7%. By comparison, households in states such as Iowa and South Dakota keep roughly 35%.
quote:
many younger Americans continue relocating to lower-cost states in the South and Mountain West, even if salaries are lower on paper. Ultimately, the best-paying states are not always the easiest places to get ahead. For many young households, the question is whether higher salaries are enough to offset housing, childcare, and everyday costs.
In investing, after-tax & inflation returns s/b focus
In earnings, your bottom line s/b focus (not top line earnings)
Posted on 5/28/26 at 9:13 am to Everyday Is Saturday
My wages in CA is probably double if not more than they would be back in Louisiana.
Housing cost is the one big difference and reason for the huge disparity. Gas prices are higher but doesn’t really move the needle.
You’re going to still pay $1000 for an iPhone, if you making CA wage or Louisiana wages. But doesn’t hurt the pocket book as much when you’re making over double
Housing cost is the one big difference and reason for the huge disparity. Gas prices are higher but doesn’t really move the needle.
You’re going to still pay $1000 for an iPhone, if you making CA wage or Louisiana wages. But doesn’t hurt the pocket book as much when you’re making over double
Posted on 5/28/26 at 9:20 am to Everyday Is Saturday
Gosh, if only we could easily post images here this forum would be great!
This information is allegedly drawn from US Census Bureau statistics for people aged 25-44 years of age.
This information is allegedly drawn from US Census Bureau statistics for people aged 25-44 years of age.
This post was edited on 5/28/26 at 9:23 am
Posted on 5/28/26 at 9:21 am to soccerfüt
What’s a young household?
EDIT; never mind, I see it
EDIT; never mind, I see it
This post was edited on 5/28/26 at 9:22 am
Posted on 5/28/26 at 9:25 am to Everyday Is Saturday
The trick is to live in Louisiana and work for a company in a HCOL city
Posted on 5/28/26 at 9:27 am to VermilionTiger
quote:
The trick is to live in Louisiana and work for a company in a HCOL city
I used to live in Lafayette and work in MIA, Lafayette was dirt cheap, lived like a king, but I was missing my kids grow up so we packed up and moved to Palm Beach County
Posted on 5/28/26 at 9:34 am to Everyday Is Saturday
Now normalize it against cost of living...
Posted on 5/28/26 at 9:37 am to Everyday Is Saturday
quote:
Where Young Americans Earn the Most
I was happy to see I was still defined as "young" when I clicked the link. Whew, that was close.
Posted on 5/28/26 at 9:38 am to soccerfüt
quote:
25-44 years of age.
:crying:
Posted on 5/28/26 at 9:43 am to Everyday Is Saturday
these finance threads always end up making me feel better about myself
Posted on 5/28/26 at 9:45 am to SuperSaint
quote:
You’re going to still pay $1000 for an iPhone, if you making CA wage or Louisiana wages. But doesn’t hurt the pocket book as much when you’re making over double
But your groceries cost more. That seems to be the more important factor than your phone. Items you purchase weekly are more expensive in California.
quote:
California: Average households spend about $297 per week (the highest in the country).
And this makes complete sense because your grocery stores operating costs are probably the highest in the country with minimum wage, theft and just cost of purchasing land or renting.
This post was edited on 5/28/26 at 9:48 am
Posted on 5/28/26 at 9:46 am to soccerfüt
44 is considered a young household? I know some empty nesters at that age 
Posted on 5/28/26 at 9:47 am to VermilionTiger
quote:Get that per diem and travel pay baw
The trick is to live in Louisiana and work for a company in a HCOL city
Posted on 5/28/26 at 9:47 am to soccerfüt
TIL I am a "young household" 
Posted on 5/28/26 at 9:49 am to Everyday Is Saturday
quote:There sure is a lot of money in "public service".
followed closely by Washington, D.C.
This post was edited on 5/28/26 at 9:50 am
Posted on 5/28/26 at 9:51 am to Everyday Is Saturday
I'm well over the median La household by myself. Will my fiancé give me credit for that? Prolly not.
Posted on 5/28/26 at 9:51 am to StrongOffer
quote:
There sure is a lot of money in "public service".
A lot of juicy government contracts if you have any sort of "clearance"
Posted on 5/28/26 at 9:52 am to Everyday Is Saturday
I worked remotely or traveled for about 15 of the last 25 years of my career. Regional pay scale stopped being an issue very quickly, so I was making the same money as a person in the NE or the west coast.
Posted on 5/28/26 at 9:52 am to bad93ex
quote:
A lot of juicy government contracts if you have any sort of "clearance"
and all the retired politicians peddling connecrtons as lobbyists
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