The median adjusted income in a household headed by a Millennial was $69,000 in 2017. The previous peak for households headed by people ages 22 to 37 was in 2000.
This is an excerpt from a FactTank posting about new data from the National Center for Health Statistics about birth rates in 2011. Rates for younger women fell to record lows, but rates continued to rise for women ages 40 and older.
After narrowing during the 1980s, the gap in economic well-being between Americans under 35 and those over 65 has widened. About one-fifth (22%) of householders under 35 lives in poverty, compared to just 11% of householders over 65.
Households headed by older adults have made dramatic gains relative to those headed by younger adults in their economic well-being over the past quarter of a century.