The average salary in New York City by age can be surprising to people. They might think that the median income for millennials living in the city is going to be much lower than for older generations. This is the wrong way of thinking because the cost of living in NYC will inevitably be higher no matter what age you are. It’s true that the older generation will generally have a higher income compared to millennials, but both are able to live comfortably and enjoy life in Manhattan.
What’s the average salary in New York City by age? The United States Census Bureau released its annual report on income and poverty in 2015 (latest data available), so I used it to find out the average income people have in New York City. In this article I explain how to interpret the results and explain my methodology in case you want to use it in your own research.
Average salary in nyc by age
Charting the average salary in New York by age for men and women, when sorted in descending order, we see that earnings peak around 44 years old for men, with men on average earning about $97k a year. Women though, on average, have been shown to have a much more staggered graph. Join us next time as we will delve deeper into this experiment of sorts.
I hope that this post provides a generalized answer to the common question about average salary for nyc jobs. You can also check our guide on salary discussion in the interview: 14 Tips How to Answer Salary Questions in an Interview . It was my pleasure to share this information with you, please let me know if you need more information. I will be happy to help.
While it is true that your salary will have a lot to do with the skills and experience you bring to the table, it’s useful to know that if you live in New York City, you’ll statistically make more than your counterparts in other parts of the country. The cold hard truth of the matter is that cost of living impacts us all, especially young professionals fresh out of school trying to make a living. While salaries are rising across the board, it’s in places like New York City where app economy startups are exploding on the scene that we see a real opportunity for early advancement.
These findings show that there’s a lot of room for improvement. While compensation can vary greatly, there are clear and consistent trends here. When you’re beginning your career, it may be tempting to follow the money when choosing a job, but don’t forget about your long-term financial health; if you make a bit less to start and gain valuable skills, it can pay off in the long run. If you’re looking for creative inspiration, take a look at how young designers around the world get inspired , or find out how to break into the design industry .
