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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. Sources for these figures can be found at the bottom of the page.

Income Differences by Age

In 2022, half of all individuals age 65 to 74 received less than $32,230 in yearly income, compared to the $26,530 received by people age 75 and older.

Income Differences by Marital Status

In 2022, half of all married couples age 65 and over received less than $76,490 in yearly income, compared to $30,160 for nonmarried persons.

Income Differences by Gender

In 2022, half of all men age 65 and over received less than $37,430 in yearly income, contrasted with $24,630 for women.

Income Differences by Race and Ethnicity

In 2022, half of all Hispanics age 65 and older received less than $19,660 in yearly income, contrasted with $32,150 for whites.

For More Statistics on the Income of Older Adults:

• Income of Older Adults from All Sources
• Sources of Income for Older Adults
• Income from Social Security
• Income from Pensions
• Income from Other Sources

Sources

Table 3. Income Differences by Age

• March 2023 Current Population Survey, PINC-01.

Table 4. Income Differences by Marital Status

• March 2023 Current Population Survey, HINC-02.

Table 5. Income Differences by Gender

• March 2023 Current Population Survey, HINC-02, PINC-01.

Table 6. Income Differences by Race and Ethnicity

• March 2023 Current Population Survey, PINC-01& HINC-02.