Men With College Degrees Earned $45,699 More on Average in 2020 Than Men With High School Degrees

Terence P. Jeffrey | August 24, 2022 | 5:07pm EDT
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(Photo by Ramin Talaie/Getty Images)
(Photo by Ramin Talaie/Getty Images)

(CNSNews.com) - American men 25 and older who worked full-time year-round in 2020 and who held a bachelor’s degree (but not a graduate or professional degree) earned on average $103,724, according the Census Bureau data.

That was $45,699 more than the $58,025 earned on average that year by men who had only graduated from high school.

Similarly, American women 25 and older who had earned a bachelor’s degree and worked full-time in 2020 earned, on average, $30,759 more than women who had only a high school degree.

 

This income data comes from the Census Bureau’s Current Population Survey that was conducted in 2021.

Table P-26 from that survey shows the average annual earnings of American men and women 25 years and older who worked year-round in 2020.

Overall that year, men who worked full-time year-round had average earnings of $87,152 (in 2020 dollars). Women had average earnings of $65,925.

When these earnings are broken down by the educational attainment of the worker, the data shows that more educated full-time year-round workers have higher average earnings than less educated full-time year-round workers.

 

Male full-time year-round workers who had less than a 9th-grade education, had average earnings of $47,420.  Female full-time year-round workers who had less than a 9th-grade education had average earnings of $28,738.

Male workers who had attended high school but not graduated had average earnings of $44,208. Female workers who had attended high school but not graduated had average earnings of $34,183.

Males who graduated from high school but did not attend college had average earnings of $58,025. Females who graduated from high school but did not attend college had average earnings of $43,522.

Males who attended college but did not earn a degree had average earnings of $68,493. Females who attended college but did not earn a degree had average earnings of $50,686.

Males who earned an associate degree had average earnings of $71,437. Females who earned an associate’s degree had average earnings of $52,200.

Males who earned a bachelor’s degree had average earnings of $103,724. Females who earned a bachelor’s degree had average earnings of $74,281.

Males who earned a master’s degree had average earnings of $132,346. Females who earned a master’s degree had average earnings of $84,937.

Males who earned a doctorate degree had average earnings of $173,694. Females who earned a doctorate degree had average earnings of $130,191.

Males who earned a professional degree had average earnings of $197,588. Females who earned a professional degree had average earnings of$138,507.

Men who had a professional degree earned $139,563 on average more in 2020 than men who had only a high school degree. Women who had a professional degree earned $94,985 more than women who had only a high school degree.

Women who had a college degree earned on average $16,256 more in 2020 than men who had earned only a high school degree.

 

 

 

 

 

 

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