The median household income in the United States is $56,516, according to 2015 data from the U.S. Census. But that rises and falls depending on close you are to peak earning age, which is typically around age 49 for men and 40 for women.
How does your salary compare? Below, check out the median earnings for Americans at every age bracket, according to data from the Bureau of Labor Statistics for the second quarter of 2017.
The numbers prove drastically different when broken down by gender.
Here's how much men earn at every age:
And here's the breakdown for women:
Not only do women still face the repercussions of the gender pay gap, but their peak earning age is significantly lower than that of the average man. Male college graduates earn more from the get-go. They bring home a median salary of $50,200 at age 22, while their female counterparts earn $39,800 per year, a difference of $10,400.
From ages 22 to 32, pay for female college graduates actually grows slightly faster than it does for men. However, a shift occurs at age 33, when women's earnings growth starts to slow and men's remains steady. By age 40, those professional women see their salaries peak at about $67,000.
If you want to build more wealth, here are a few tips and tricks to get you started:
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