Millennials are making on average 20% less than Boomers did at the same age. The insight, based on 2015 Census Bureau data on 18-34-year-olds’ income in the U.S., implies that the recession will most likely be a “lifetime drain” on Millennial earnings. In a state-by-state breakdown, Washington D.C. has the highest average income of 35 and under workers at $40,046, which was still lower than the national average of 35-65-year-old workers at $40,356. Mississippi came out at the lowest for average Millennial income, at $16,999. (Fortune)
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