Millennials are often lumped together as victims of bad economic times, but they actually have vast wage disparities — and some are doing just fine.
By the numbers: The median wage for statisticians and financial analysts — both of which have high concentrations of older millennials — is $84,000 a year. That's significantly more than the hundreds of thousands of slightly younger millennials working as cashiers with a median income of $21,000.
- The youngest job paying above the $37,700 median income of all occupations is technicians in the life, fitness and social sciences, with a median age of 35 years.
- Almost half of financial analysts, event planners and market analysts are millennials, and they also make at least $10,000 above median income.
- Physician assistant is the highest-paid occupation with a heavy concentration of millennials with $104,900 median salary. It is also one of the top 5 fastest growing jobs, according to Bureau of Labor Statistics projections.
- Many millennials have turned to waitering or bartending — at least for now, but those jobs offer some of the lowest wages at a median salary of around $21,000 a year.
The bottom line: Many of the jobs in the upper right corner of the chart above are disproportionately older people, white people and men, according to BLS data.
Original story from our Millennial Jobs Deep Dive: The millennials who are making it (4/6/19)