Millennials came of age during a tough economic time: Student debt has reached an all-time high, and the job market is more competitive than ever. As a result, young people today aren't earning as much money as their parents did when they were young. So how much are they making?
Using data from the Minnesota Population Center's 2014 'American Community Survey' in the Integrated Public Use Microdata Series, we found the median annual total personal income for employed millennials. We used the Pew Research Center's definition of millennials: Americans born between 1981 and 1997.