Facts About Earned Income

A person's level of education is a predictor of income - in general, the more education, the larger the earning potential.

Average Income of Men*

High school drop-out

$22,602

High school graduate

$32,435

Some college or an associate's degree

$41,035

Bachelor's degree

$57,397

Master's or a professional degree

$77,219


Average Income of Women*

High school drop-out

$14,202

High school graduate

$21,219

Some college or an associate's degree

$27,046

Bachelor's degree

$38,628

Master's or a professional degree

$50,937

In 2007, the cost of raising a child to age 18 cost approximately $240,000, per the United States Department of Agriculture..

* According to the U.S. Census Bureau data for 2007

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