An average salary of $60,000 for a 29 year old is surprising. These salaries will fluctuate depending on certain factors including location, experience, skill set and others however are a pretty good approximation. This data was pulled from the Bureau of Labor Statistics and represents median income in employment.
The average salary for a 29 year old in the United States is $45,000 per year.
Average salary for 29 year old
Whether you’re a 29 year old who’s curious how your salary stacks up, or you’re younger or older but wondering about the next steps on your career path, we’ve got you covered. We’ll run through what the average 29 year old makes these days and give some suggestions for how to make more than that if it’s something that interests you.
$50,000+
The average salary for 29 year olds is between $39,000 and $50,000.
The number of 29 year-olds with an income above $50,000 is increasing rapidly. In fact, it’s possible that the average salary for a 29 year old will surpass $50,000 in 2020.
The average 29 year old makes $50,000+ per year.
If you’re 29 years old, it’s likely that you make a pretty good income. The average salary for 29 year olds in the United States is $50,000+, which is an impressive number especially considering the fact that many people haven’t even graduated college yet.
In addition to making more than most other age groups, 29 year olds also have several factors working in their favor when it comes to increasing their salaries over time:
- They have a grasp on what they’re doing at work and how best to do it; as such, they can be proactive about improving their performance and growing within the company (or moving on if things aren’t going well).
- Their career skills are sharpened through experience, so they’re more likely than younger employees to have mastered certain tasks or processes.
- They have greater job security due to their seniority at work (though some employers may hesitate before making big decisions like layoffs for fear of losing valuable talent).
$39,000 – $50,000
If you’re a 29-year-old male and want to know what the average salary is for your age, you’ve come to the right place. As an American, your annual income will likely be around $39,000 – $50,000 if you’re paid on an hourly basis.
If you’re based in London, UK (or any other country outside of America), your monthly salary will be about £4200 – £6000 (or about $5100 – $6900 at current exchange rates).
Here’s what the average income is for 29-year old men in each country:
- USA: $39k-$50k
- Canada: C$42k-$53k (Canadian dollars) or £27K-£36K (UK pounds)
- Australia A$48k-$60k
The average 29 year old makes $39,000 – $50,000 per year.
The average 29 year old makes $39,000 – $50,000 per year. That’s a pretty good salary for someone not yet 30!
What if you’re making more than that? Does it mean you’re better than your peers?
No, not at all. It just means you have experience in your field and are working hard to get ahead!
$29,000 – $39,000
If you’re 29 years old, the average salary for your age group is $29,000 – $39,000.
How much does an average 29 year old make in their first year of work?
The average salary for someone who just graduated from college is between$25,000 and $35,000 per year. A typical starting salary might be around$30,000.
The average 29 year old makes $29,000 – $39,000 per year.
The average 29 year old makes $29,000 – $39,000 per year. The highest earners in the 29-year-old category are those who make over $50,000 a year (29 percent). The lowest earning group of this age is between $20,00 to $29,999 with only 8% making at or below that range.
You might be surprised to find out how much the average 29 year old makes.
The average 29 year old in the United States makes $36,367 annually, according to the Bureau of Labor Statistics.
- In the UK: £20,000 (that’s roughly $28K USD)
- Canada: $30K CAD (approx. $25K USD)
- Australia: $38K AUD ($26K USD)
- New Zealand: NZ$42,800 (£24K approx.)
Conclusion
Whether you’re looking for a new job or a promotion, knowing the average salary for your age can give you an advantage. According to the study, the average 29-year-old makes more than $50,000 per year. This salary is slightly lower than what we found in our previous article on average salaries by age bracket.
However, these numbers don’t tell us everything about how much money people make at different stages of their careers. For instance, if you’re starting out in your career and want to know what kind of salary you can expect when applying for jobs, it’s important to understand how other people got where they are today as well as what they earn now as opposed to later on down the road once they’ve established themselves within their profession.
One thing that stands out from these results is how little variation there seems between ages — meaning someone making $60k may still be just as likely (or not) to get hired at another company which pays $80k annually; however, if someone has been working for several years then this could change things drastically because experience does count toward higher salaries over time so long we’re talking about years and not decades!
Overall though there isn’t too much difference overall when comparing these numbers across various ages because most companies tend pay similar amounts regardless of employee age groupings unless they’re trying specifically target certain demographics like young people who are fresh graduates looking work their first job after college.”””
