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SOURCE: US Census Bureau, 2020 [36] Yellow indicates the year with the lowest median income while green indicates the year with the highest reported median income. Income by education and race. Among the races, educational attainment retains its dramatic effect on average income which varies significantly at each educational level.
Let’s take a closer look at the average salary by education level to see what dividends education pays.
Median U.S. household income per County in 2021 Median U.S. household income through 2019 U.S. real median household income reached $63,688 in January 2019, an increase of $171 or 0.3% over one month over that of December 2018. This article is part of a series on Income in the United States of America Topics Household Personal Affluence Social class Income inequality gender pay gap racial pay ...
In the US at the college and university level, each level of degree attainment significantly increases lifetime earnings as more education is achieved. [12] Lifetime ROI is significantly higher at lower levels of educational attainment than at higher levels (1,200.8% for an Associate's degree vs. 287.7% for a Bachelor's degree). [12]
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Average earning of year-round, full-time workers, by education, 2006. [25] While greater education increases women's overall earnings, education does not close the gender pay gap. [26] Women earn less than men at all educational levels and the gender pay gap widens for persons with advanced degrees compared to people with high school education ...
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Chart of unemployment and salary based on education attainment in 2013. The data is for persons age 25 and over. Earnings are for full-time wage and salary workers. Tertiary education (or "higher education") is required for many middle-class professions, depending on how the term middle class is to be defined. Tertiary education is rarely free ...