Income Received By Different Groups

For a clearer picture of the economic status of today’s older adults, it is helpful to look at breakdowns of statistics by age, marital status, gender, and race, in addition to looking at overall income figures.

Income Differences by Age

In 2018, half of all individuals age 65 to 69 received less than $29,764 in yearly income, compared to the $22,287 received by people age 75 and older.

Income Differences by Marital Status

In 2018, half of all married couples age 65 and over received less than $67,532 in yearly income, compared to $26,163 for nonmarried persons.

Income Differences by Gender

In 2018, half of all men age 65 and over received less than $34,267 in yearly income, contrasted with $20,431 for women.

Income Differences by Race and Ethnicity

In 2018, half of all Hispanics age 65 and older received less than $15,237 in yearly income, contrasted with $28,280 for whites.