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How much money do Z workers make in each state?




Gen Z workers make up about 12.6% of the workforce as of 2020, according to the latest data from the Bureau of Labor Statistics, and typically earn about $32,500 annually, according to an August analysis by GoBankingRates.

GoBankingRates analyzed the median hourly, weekly and annual earnings of 16- to 24-year-olds to determine how much Gen Z workers earn across the U.S. Since the median reflects the midpoint, about half of Gen Z workers earn more than this amount and half earn less .

Gen Z̵[ads1]7;s financial power is the fastest growing across all generational cohorts, according to a 2020 Bank of America survey reported by CNBC. As they continue to enter the workforce, their income is predicted to increase fivefold to $33 trillion by 2030 and surpass millennials’ income by 2031.

Here’s the median amount Gen Z workers earn in each state.

As the map shows, income tends to vary from place to place. States with a high cost of living, such as New York, typically tend to pay higher wages than states with a lower cost of living, such as Kentucky.

However, many Gen Z workers are forgoing living in expensive big cities and choosing instead to live in fast-growing suburbs, a Glassdoor survey found in August.

Glassdoor ranked Scottsdale, Arizona, located about 30 minutes from Phoenix, as the best city for Gen Z to work in.

Meanwhile, New York was ranked 18th on the list, and Los Angeles ranked even lower at 45th.

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How much money do Z workers make in each state?



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