This is what the average American makes at every age

To get an idea of whether you’re earning a competitive salary, it can be helpful to know how much other people in the same age group are making.

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The early days of your working life usually aren’t the most lucrative: 16 to 19 year olds who work full-time make $32,396 a year on average.

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Salaries start to rise as workers gain experience. Those in the 20 to 24 age group make an average annual salary of $38,324.

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We start to see a big increase in salary once workers reach the 25 to 34 age group, with the average annual income hitting $52,832.

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For 35 to 44 year olds, their annual salary is still growing: $62,608 on average. This is the beginning of what’s commonly referred to as “peak earning years.”

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Finding a financial advisor doesn’t have to be hard. SmartAsset’s free quiz matches you with fiduciary financial advisors in your area or who serve your area. If you are ready to be matched with financial advisors that can help you achieve your financial goals, take the quiz now.

This is what the average American makes at every age

To get an idea of whether you’re earning a competitive salary, it can be helpful to know how much other people in the same age group are making.

The early days of your working life usually aren’t the most lucrative: 16 to 19 year olds who work full-time make $32,396 a year on average.

Average Salary for Ages 16-19

Salaries start to rise as workers gain experience. Those in the 20 to 24 age group make an average annual salary of $38,324.

Average Salary for Ages 20-24

We start to see a big increase in salary once workers reach the 25 to 34 age group, with the average annual income hitting $52,832.

Average Salary for Ages 25-34

For 35 to 44 year olds, their annual salary is still growing: $62,608 on average. This is the beginning of what’s commonly referred to as “peak earning years.”

Average Salary for Ages 35-44

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Finding a financial advisor doesn’t have to be hard. SmartAsset’s free quiz matches you with fiduciary financial advisors in your area or who serve your area. If you are ready to be matched with financial advisors that can help you achieve your financial goals, take the quiz now.

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