Average Salary by Age plus Median, Top 1%, and All Salary Percentiles in 2022

January 10th, 2024 by 
PK

In this post are United States Salary Brackets by Age for 2022. You'll also find average salary by age, plus median and top 1% salaries by age.

Salaries/wage incomes are gross (pre-tax), earned between January and December 2021 (the survey was conducted in March 2022).

Salary Benchmarks by Age in 2022

Age is an excellent proxy for experience in most datasets – generally, the longer you've been at a job or career, the better you are in that job or career. While that's not a universal law, it's good practice to separate salary data by age. (Although you can find aggregate salary averages and stats here).

The best summary statistics for salary are:

  • Median salary by age
  • Average salary by age
  • Top 1% salary by age

We'll hit each summary statistic in kind, but here's a quick visualization of the main salary breakpoints for selected ages.

Salary by age for 10%, 25%, MEdian, 75%, 90%, and top 1% salary plus average.

What is the median salary by age in the United States?

In full-year 2021 in the United States, these were the median salaries earned by age:

  • Age 25: $40,000.00
  • Age 35: $57,500.00
  • Age 45: $60,000.00
  • Age 55: $59,000.00
  • Age 65: $56,483.00

The following table lists the median salary for every age from 16-70 in the United States for 2022:

AgeMedian Salary
16$7,800.00
17$8,700.00
18$14,000.00
19$19,968.00
20$20,000.00
21$23,000.00
22$25,000.00
23$30,000.00
24$35,000.00
25$40,000.00
26$42,000.00
27$45,000.00
28$47,000.00
29$50,000.00
30$50,000.00
31$50,000.00
32$50,000.00
33$55,000.00
34$52,000.00
35$57,500.00
36$58,000.00
37$56,002.00
38$55,000.00
39$58,000.00
40$58,000.00
41$57,000.00
42$60,000.00
43$60,000.00
44$60,000.00
45$60,000.00
46$60,000.00
47$60,000.00
48$60,000.00
49$60,000.00
50$60,000.00
51$60,000.00
52$60,000.00
53$60,000.00
54$55,000.00
55$59,000.00
56$56,000.00
57$55,000.00
58$56,000.00
59$50,000.00
60$60,000.00
61$57,000.00
62$54,000.00
63$60,000.00
64$56,432.00
65$56,483.00
66$48,000.00
67$50,000.00
68$50,000.00
69$43,000.00
70$45,000.00

What is the average salary by age in the United States?

In full year 2021 in the United States, these were the average salaries earned by age:

  • Age 25: $47,095.43
  • Age 35: $76,267.64
  • Age 45: $82,423.24
  • Age 55: $79,956.71
  • Age 65: $68,337.69

In this next table, I've summarized the average salary for every age from 16-70 in the United States in 2022:

AgeAverage Salary
16$13,725.19
17$15,664.45
18$17,370.92
19$21,760.60
20$24,440.57
21$26,461.77
22$28,958.49
23$34,042.33
24$38,603.56
25$47,095.43
26$51,575.94
27$55,466.90
28$56,755.81
29$59,167.50
30$63,398.05
31$61,720.61
32$68,275.90
33$66,595.16
34$69,997.25
35$76,267.64
36$73,923.87
37$72,482.03
38$79,095.53
39$76,857.72
40$72,041.53
41$77,799.75
42$83,278.01
43$82,655.11
44$78,300.25
45$82,423.24
46$79,799.90
47$80,701.06
48$82,414.18
49$80,922.86
50$78,220.03
51$83,199.75
52$72,409.31
53$85,495.80
54$79,075.14
55$79,956.71
56$74,095.85
57$79,706.86
58$72,115.96
59$70,326.64
60$75,015.20
61$72,920.81
62$81,069.36
63$86,611.73
64$78,376.98
65$68,337.69
66$62,547.80
67$69,253.93
68$70,495.48
69$64,105.08
70$56,380.41

What is the top 1% salary by age in the United States?

Here are the summary top 1% salary benchmarks in the US in full year 2021, starting at 25 years old and moving up a decade at a time:

  • Age 25: $155,000.00
  • Age 35: $400,000.00
  • Age 45: $400,000.00
  • Age 55: $500,000.00
  • Age 65: $300,000.00

Remember to be appropriately skeptical with top 1% salaries. By definition, fewer people earn up here and the distribution isn't as well behaved.

AgeTop 1% Salary
16$100,000.00
17$70,000.00
18$55,000.00
19$109,000.00
20$115,000.00
21$75,000.00
22$100,000.00
23$124,122.00
24$151,000.00
25$160,000.00
26$175,000.00
27$200,000.00
28$180,000.00
29$200,000.00
30$220,000.00
31$250,000.00
32$300,000.00
33$265,000.00
34$350,000.00
35$350,000.00
36$350,000.00
37$400,000.00
38$316,000.00
39$362,000.00
40$338,000.00
41$430,000.00
42$400,000.00
43$800,000.00
44$350,000.00
45$500,000.00
46$350,000.00
47$350,000.00
48$300,000.00
49$320,000.00
50$450,000.00
51$350,000.00
52$400,000.00
53$340,000.00
54$400,000.00
55$380,000.00
56$390,000.00
57$300,000.00
58$328,378.00
59$350,000.00
60$290,000.00
61$400,000.00
62$350,000.00
63$400,000.00
64$350,000.00
65$245,000.00
66$350,000.00
67$330,000.00
68$560,000.00
69$300,000.00
70$400,000.00

My warning in the income by age post applies here, too: to smooth over the spikes, look at a few adjacent ages to get a 'feel,' don't take one age as the correct value. (For what that's worth!) 

Income vs. Salary

Salary is what you earn from a job, your wage income. Income is a much more expansive set of ways to earn money. Here, think: business, investment, interest, rent, etc.

We specialize in income here on DQYDJ – find all our recent income posts here. (Including household income and individual income).

Salary by Age Summary for the United States in 2022

Want a bit more resolution? Check out the salary percentile by age calculator for the full picture.

You can also find past years here:

Methodology on 2022 United States Salary Brackets

This data comes from the United States Census Bureau's Annual ASEC survey from September 2022.

Sarah Flood, Miriam King, Renae Rodgers, Steven Ruggles, J. Robert Warren and Michael Westberry. Integrated Public Use Microdata Series, Current Population Survey: Version 9.0 [dataset]. Minneapolis, MN: IPUMS, 2022. https://doi.org/10.18128/D030.V9.0

Here is an estimate of the number of workers in age group, along with the sample count:

AgeEstimated WorkersSamples
16236,359130
17535,443279
18815,096428
191,129,414483
201,588,668658
211,873,824766
221,800,628741
232,327,767850
242,584,644976
252,805,5041,112
262,762,5051,102
272,889,3751,141
283,005,0561,174
293,120,3181,274
303,064,3411,333
313,191,6071,420
323,104,0991,364
333,041,8741,365
342,962,3551,346
353,041,6151,418
363,117,9661,476
372,848,6851,436
382,858,6311,464
392,860,1861,452
402,878,1841,487
413,046,8931,517
422,919,4731,449
432,883,6001,435
442,577,4021,339
452,769,5441,356
462,533,1181,261
472,635,2061,252
482,551,1071,238
492,499,4411,184
502,732,7981,225
513,018,1271,343
522,573,0281,200
532,532,1411,146
542,299,3831,017
552,331,5511,025
562,603,3461,148
572,445,7361,030
582,497,2191,077
592,312,262987
602,279,876959
612,174,337907
621,987,103816
631,767,499761
641,492,951656
651,324,430556
66907,874405
67774,025348
68651,755279
69603,535265
70440,449205

What is your screen?

You can find the worker screen in the salary research post's methodol

      

PK

PK started DQYDJ in 2009 to research and discuss finance and investing and help answer financial questions. He's expanded DQYDJ to build visualizations, calculators, and interactive tools.

PK lives in New Hampshire with his wife, kids, and dog.

Don't Quit Your Day Job...

DQYDJ may be compensated by our partners if you make purchases through links. See our disclosures page. As an Amazon Associate we earn from qualifying purchases.
Sign Up For Emails
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram