A Calculator: Income Distribution by Age for 2013 US Data

November 2nd, 2020 by 
PK

Editor: this is an archived year.  You can always find the newest income percentile by age calculator here.

This calculator crunches income quantile data for 2013 United States data for every single age (by year) from 18-80, to report incomes for every quantile from 1 to 99.  If you enter an income and age in the form, it will report which quantile that income fell into and produce a graph of all incomes for that age.

When the graph is rendered, you can hover over the graph produced to see the exact cutoff point of every single income quantile for the age selected.  Note that 'income' in this calculator is defined as 'total income' - so if you are comparing an income to the distribution, include all sources of income, including business, rental and investment income.

Looking for the net worth version of this calculator?  Find our wealth by age calculator here.

Editor: There are newer years of the income by age calculator available: 2014 Version2015 Version.

Source

We downloaded the CPS microdata from the University of Minnesota’s Minnesota Population Center’s IPUMS-CPS site.

Miriam King, Steven Ruggles, J. Trent Alexander, Sarah Flood, Katie Genadek, Matthew B. Schroeder, Brandon Trampe, and Rebecca Vick. Integrated Public Use Microdata Series, Current Population Survey: Version 3.0. [Machine-readable database]. Minneapolis: University of Minnesota, 2010.

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What do you think?  About what you expected, or massive game-changer?

 

      

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.

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