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The second most dramatic difference in average income was between those with a bachelor's degree with $51,940 and those with an advanced degree who made $72,824, roughly $21,000 (42.2%) more. The least significant difference was between those who had graduated from high school and those who had either some college or an associate degree.
Let’s take a closer look at the average salary by education level to see what dividends education pays.
In the study, gay men were significantly less likely to fail to graduate from high school compared to completely heterosexual men (3.94% vs. 9.91%) and were more likely to complete college (43.86% vs. 26.46%). [60] Additionally, about 52% of gay men age 25 and older hold a bachelor's degree, which is higher than the national average.
As of 2022, 89% of the adult population had completed high school and 34% had received a bachelor's degree or higher. The average salary for college or university graduates is greater than $51,000, exceeding the national average of those without a high school diploma by more than $23,000, according to a 2005 study by the U.S. Census Bureau. [69]
The average salary in the U.S. According to the U.S. Bureau of Labor Statistics (BLS), the average annual salary in the country was $65,470 in May 2023. This was up almost 6% from the same period ...
Curious about where your paycheck stands compared to the average middle-class American? According to Pew Research, the median income for middle-class households reached $106,100 in 2022. That's a ...
2020 Median earnings & household income by educational attainment [11] [12] Measure Overall Less than 9th grade Some High School High school graduate Some college Associate's degree Bachelor's degree or higher Bachelor's degree Master's degree Professional degree Doctorate degree; Persons, age 25+ w/ earnings* $46,985: $25,162: $26,092: $34,540 ...
On average, combining paid work, household chores and caring for people, women work three hours a week more than men. In fact, the average women will work 54.4 hours a week, and the average man will only work 51.4 hours per week. Despite that, even with a higher educational level, women earn, on average, less than men do.