Your paycheck isn’t just a number—it’s a scoreboard in the game of life. If you’re climbing the corporate ladder or trying to make ends meet, knowing how your income stacks up against others your age can be a financial reality check you can’t afford to skip.
In a country where the median U.S. salary is $59,540, earnings vary drastically depending on where you live and how old you are. A 30-year-old in Massachusetts might be earning $72K and thriving, while someone the same age in Mississippi may be stuck below $ 45 K. And by age 50? The income gap widens even more.
This list breaks down income benchmarks by age in 6 diverse states—from high-earning hubs to states where wages lag. Use it to see if you’re coasting comfortably, keeping pace, or running behind in the financial race. The numbers might surprise you—and inspire your next money move.
Colorado
Colorado consistently posts higher-than-average median incomes across all age groups. Workers aged 15–24 typically bring in $48,585, surpassing many other states. If you’re within your career peak (45–64), you might see incomes reaching $106,655. Strong job markets in Denver and Boulder, plus a high cost of living, help drive these numbers.
If you’re below these medians, it might be time to leverage Colorado’s competitive labor market by upskilling or switching sectors.
Connecticut
With a well-educated population and a concentration of high-paying industries, such as finance and healthcare, Connecticut’s earners experience median salaries of $107,844 during their peak years (45–64) and $45,347 for younger workers (15–24). Even seniors (65 and older) tend to fare well, earning an average of $65,053.
Want to keep up? Focus on the healthcare, insurance, and technology sectors for higher earning potential.
Louisiana
Louisiana presents a very different picture. Young workers aged 15–24 earn an average of $34,407, the lowest among this group, while those aged 25–44 earn an average of $64,889. Minimal wage growth in later years (45–64 median is $64,298) suggests career advancement here may require extra effort or moving into higher-paying industries like energy or shipping.
If you’re local and stuck below the median, consider training for in-demand skills to boost your future earnings.
Maine
Maine’s salaries stand out for younger workers, who earn $49,037 (15–24), among the nation’s best. However, income growth slows with age, peaking at $82,775 for the 45–64 group. Seniors earn $51,870.
These patterns reflect Maine’s economy, where early career jobs may pay well, but mid-career wage growth is limited. Assess your career growth at each stage and proactively seek new opportunities as you gain experience.
Pennsylvania
Median incomes in Pennsylvania for young workers (15–24) come in at $40,784, rising to $88,589 for the 45–64 bracket. While these numbers may not rank among the highest nationally, Pennsylvania offers relative stability across age groups.
The state’s diverse economy rewards those who invest in consistent skill development, so consider regular upskilling or moving into growth industries to advance your income.
Rhode Island
Rhode Island leads the pack for younger earners, with a median of $53,236 (15–24), higher than most peers nationwide. The state continues to reward workers in their middle years ($99,092 for those aged 45–64), while seniors receive $55,691.
Industries like healthcare, education, and tourism support these figures. If starting your career here, take advantage of entry-level opportunities and monitor growth areas.
Disclaimer – The Finance Key does not provide and does not intend to provide financial, investment, tax, or legal advice. Information contained in this article is for informational and educational purposes only. This list is solely the author’s opinion based on research and publicly available information. The inclusion of links to third-party content is not an endorsement by The Finance Key of such content or services. Please do your due diligence and use your discretion.
Don’t Swipe Until You Read This: The 7 Best Credit Cards for 2025 Ranked by Rewards
The 7 Best Credit Cards for 2025 Ranked by Rewards
There’s this moment that sticks with me—standing at a checkout line, swiping my old card like I always did, and thinking, “Wait… why am I not getting anything back for this?” I wasn’t traveling on points. I wasn’t getting cash back. I was just spending. Sound familiar?
Look, the truth is, credit cards can work for you—if you choose the right one. And in 2025, you’ve got some advantageous options that can actually boost your bank account. From travel lovers to grocery haulers, there’s something for everyone.
Let’s break down the best credit cards out there this year—the ones that actually give back.
