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Earnings of Men Aged 20–59, by Age Group and Race/Ethnicity, 2018–2019

Released: June 2021

DEFINITION: Earnings consist of all wages, salaries, and self-employment income in covered and noncovered employment, including earnings that exceed the annual taxable maximum.

Chart. Title: Men's Real Median Annual Earnings, 2018-2019 (in 2020 Dollars). Bar chart with tabular version below.
Show as table
Table equivalent for chart: Real Median Annual Earnings of Men Aged 20–59, by Age Group and Race/Ethnicity, 2018–2019 (in 2020 dollars)
Age group White, not Hispanic Black, not Hispanic Hispanic Asian
20–29 32,206 22,804 27,773 36,771
30–39 59,002 38,849 44,877 73,110
40–49 67,954 46,679 49,338 79,565
50–59 65,425 46,008 43,993 67,379

In the 2-year period 2018–2019:

  • For the 20–29 age group, the real median annual earnings of:
    • White, non-Hispanic men were 41% higher than Black, non-Hispanic men and 16% higher than Hispanic men.
    • Asian men were 61% higher than Black, non-Hispanic men and 32% higher than Hispanic men.
  • For the 50–59 age group, the real median annual earnings of:
    • White, non-Hispanic men were 42% higher than Black, non-Hispanic men and 49% higher than Hispanic men.
    • Asian men were 46% higher than Black, non-Hispanic men 53% higher than Hispanic men.

SOURCE: Social Security Administration (SSA) calculations using SSA earnings data linked to Current Population Survey Annual Social and Economic Supplement public-use files.

NOTES: Earnings are indexed to 2020 values based on the Consumer Price Index for All Urban Consumers.

Includes workers with annual earnings equal to or greater than one earnings credit. In 2020 dollars, the earnings required to earn a single credit were $1,360 in 2018 and $1,375 in 2019.

Real median earnings are shown for the 2-year period 2018–2019 to reduce annual variability that can occur when sampling relatively small demographic groups.