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FastFact: GenX Household Income Easily Tops Boomers, Millennials
March 5,
2018 by Larry Thomas in Economic News, Industry
Generation X had an average household income of $95,168 in 2016, easily outdistancing Baby Boomers and Millennials, according to the annual Consumer Expenditure Survey from the Bureau of Labor Statistics.
The data also showed that GenX had the highest number of wage earners per household at 1.7, an average age of 43.3, and an average of 3.2 people per household.
For an in-depth look at how the GenX data compares with Boomers and Millennials, click here.