Research, Statistics & Policy Analysis
Projected Profile of Beneficiaries by Race & Ethnicity
Projected Social Security Benefit Distribution in 2024
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic |
Individual Social Security monthly benefit (2024 $) at the— |
10th percentile |
Median |
90th percentile |
|
All beneficiaries |
Total |
$887 |
$1,827 |
$2,935 |
Sex |
|
Female |
$819 |
$1,623 |
$2,686 |
Male |
$1,012 |
$2,080 |
$3,166 |
Race and ethnicity |
|
Hispanic or Latino, any race |
$598 |
$1,328 |
$2,425 |
White, non-Hispanic |
$966 |
$1,926 |
$3,012 |
Black or African American, non-Hispanic |
$786 |
$1,618 |
$2,624 |
All other races, non-Hispanic |
$740 |
$1,606 |
$2,894 |
Country of birth |
|
United States |
$951 |
$1,887 |
$2,957 |
Other countries |
$597 |
$1,354 |
$2,738 |
Age |
|
60–69 |
$800 |
$1,654 |
$2,780 |
70–79 |
$948 |
$1,951 |
$3,105 |
80–89 |
$950 |
$1,939 |
$2,849 |
90 or older |
$983 |
$1,848 |
$2,578 |
Marital status |
|
Married |
$853 |
$1,749 |
$2,997 |
Divorced |
$954 |
$1,886 |
$2,903 |
Widowed |
$1,069 |
$2,008 |
$2,870 |
Never married |
$740 |
$1,571 |
$2,768 |
Highest education level |
|
Graduate |
$1,073 |
$2,333 |
$3,506 |
Bachelor |
$972 |
$2,077 |
$3,254 |
Associate |
$978 |
$1,870 |
$2,843 |
High school |
$881 |
$1,697 |
$2,655 |
Less than high school |
$582 |
$1,301 |
$2,317 |
Current-law poverty status |
|
Above poverty |
$956 |
$1,886 |
$2,964 |
In poverty |
$412 |
$922 |
$1,214 |
Current-law household income quintile |
|
Highest |
$1,079 |
$2,277 |
$3,493 |
Second highest |
$1,035 |
$2,075 |
$3,045 |
Middle |
$960 |
$1,922 |
$2,799 |
Second lowest |
$894 |
$1,753 |
$2,602 |
Lowest |
$653 |
$1,358 |
$2,166 |
Current-law benefit type |
|
Retired worker only |
$924 |
$1,937 |
$3,050 |
Widow(er) (includes dually entitled) |
$1,107 |
$1,996 |
$2,808 |
Spousal (includes dually entitled) |
$579 |
$1,100 |
$1,550 |
Disabled worker only |
$937 |
$1,679 |
$2,873 |
|
Hispanic or Latino, any race |
Subtotal |
$598 |
$1,328 |
$2,425 |
Sex |
|
Female |
$539 |
$1,166 |
$2,168 |
Male |
$797 |
$1,576 |
$2,618 |
Country of birth |
|
United States |
$733 |
$1,607 |
$2,561 |
Other countries |
$546 |
$1,161 |
$2,274 |
Marital status |
|
Married |
$564 |
$1,262 |
$2,423 |
Divorced |
$621 |
$1,573 |
$2,567 |
Widowed |
$768 |
$1,381 |
$2,412 |
Never married |
$636 |
$1,280 |
$2,295 |
Current-law poverty status |
|
Above poverty |
$677 |
$1,440 |
$2,498 |
In poverty |
$359 |
$867 |
$1,183 |
Current-law household income quintile |
|
Highest |
$739 |
$1,693 |
$3,121 |
Second highest |
$841 |
$1,690 |
$2,724 |
Middle |
$691 |
$1,575 |
$2,544 |
Second lowest |
$673 |
$1,371 |
$2,311 |
Lowest |
$475 |
$1,086 |
$1,829 |
Current-law benefit type |
|
Retired worker only |
$736 |
$1,437 |
$2,510 |
Widow(er) (includes dually entitled) |
$738 |
$1,427 |
$2,404 |
Spousal (includes dually entitled) |
$415 |
$790 |
$1,317 |
Disabled worker only |
$599 |
$1,479 |
$2,372 |
|
White, non-Hispanic |
Subtotal |
$966 |
$1,926 |
$3,012 |
Sex |
|
Female |
$895 |
$1,692 |
$2,736 |
Male |
$1,119 |
$2,179 |
$3,250 |
Country of birth |
|
United States |
$981 |
$1,944 |
$3,013 |
Other countries |
$726 |
$1,575 |
$2,995 |
Age |
|
60–69 |
$891 |
$1,767 |
$2,875 |
70–79 |
$1,022 |
$2,045 |
$3,192 |
80–89 |
$975 |
$1,979 |
$2,883 |
90 or older |
$1,009 |
$1,863 |
$2,643 |
Marital status |
|
Married |
$923 |
$1,853 |
$3,077 |
Divorced |
$1,014 |
$1,953 |
$2,959 |
Widowed |
$1,217 |
$2,087 |
$2,930 |
Never married |
$805 |
$1,731 |
$2,861 |
Highest education level |
|
Graduate |
$1,079 |
$2,352 |
$3,514 |
Bachelor |
$1,033 |
$2,137 |
$3,298 |
Associate |
$1,017 |
$1,909 |
$2,883 |
High school |
$939 |
$1,781 |
$2,707 |
Less than high school |
$753 |
$1,534 |
$2,432 |
Current-law poverty status |
|
Above poverty |
$1,018 |
$1,973 |
$3,035 |
In poverty |
$459 |
$956 |
$1,228 |
Current-law household income quintile |
|
Highest |
$1,123 |
$2,324 |
$3,506 |
Second highest |
$1,070 |
$2,118 |
$3,076 |
Middle |
$991 |
$1,966 |
$2,833 |
Second lowest |
$946 |
$1,832 |
$2,649 |
Lowest |
$757 |
$1,481 |
$2,246 |
Current-law benefit type |
|
Retired worker only |
$1,010 |
$2,044 |
$3,129 |
Widow(er) (includes dually entitled) |
$1,228 |
$2,067 |
$2,862 |
Spousal (includes dually entitled) |
$682 |
$1,132 |
$1,570 |
Disabled worker only |
$1,029 |
$1,769 |
$2,918 |
|
Black or African American, non-Hispanic |
Subtotal |
$786 |
$1,618 |
$2,624 |
Sex |
|
Female |
$761 |
$1,557 |
$2,563 |
Male |
$819 |
$1,685 |
$2,680 |
Country of birth |
|
United States |
$819 |
$1,649 |
$2,600 |
Other countries |
$590 |
$1,413 |
$2,694 |
Marital status |
|
Married |
$799 |
$1,623 |
$2,680 |
Divorced |
$827 |
$1,674 |
$2,670 |
Widowed |
$923 |
$1,786 |
$2,588 |
Never married |
$535 |
$1,317 |
$2,286 |
Highest education level |
|
Graduate |
$1,219 |
$2,190 |
$3,251 |
Bachelor |
$794 |
$2,011 |
$3,013 |
Associate |
$908 |
$1,733 |
$2,614 |
High school |
$791 |
$1,488 |
$2,325 |
Less than high school |
$559 |
$1,286 |
$2,255 |
Current-law poverty status |
|
Above poverty |
$909 |
$1,718 |
$2,678 |
In poverty |
$417 |
$909 |
$1,206 |
Current-law household income quintile |
|
Highest |
$1,036 |
$2,167 |
$3,299 |
Second highest |
$988 |
$1,994 |
$2,905 |
Middle |
$1,070 |
$1,903 |
$2,738 |
Second lowest |
$796 |
$1,606 |
$2,492 |
Lowest |
$587 |
$1,267 |
$2,017 |
Current-law benefit type |
|
Retired worker only |
$759 |
$1,661 |
$2,676 |
Widow(er) (includes dually entitled) |
$996 |
$1,806 |
$2,543 |
Spousal (includes dually entitled) |
$565 |
$1,014 |
$1,440 |
Disabled worker only |
$887 |
$1,524 |
$2,741 |
|
All other races, non-Hispanic |
Subtotal |
$740 |
$1,606 |
$2,894 |
Sex |
|
Female |
$657 |
$1,437 |
$2,712 |
Male |
$904 |
$1,839 |
$3,146 |
Country of birth |
|
United States |
$901 |
$1,770 |
$2,879 |
Other countries |
$619 |
$1,436 |
$2,941 |
Highest education level |
|
Graduate |
$1,083 |
$2,385 |
$3,557 |
Bachelor |
$743 |
$1,801 |
$3,089 |
Associate |
$884 |
$1,666 |
$2,685 |
High school |
$733 |
$1,400 |
$2,453 |
Less than high school |
$410 |
$1,089 |
$2,008 |
Current-law poverty status |
|
Above poverty |
$826 |
$1,675 |
$2,943 |
In poverty |
$274 |
$842 |
$1,190 |
Current-law household income quintile |
|
Highest |
$1,016 |
$2,116 |
$3,492 |
Second highest |
$895 |
$2,019 |
$3,048 |
Middle |
$817 |
$1,770 |
$2,740 |
Second lowest |
$782 |
$1,518 |
$2,538 |
Lowest |
$454 |
$1,144 |
$1,922 |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024. |
NOTE: Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Projected Social Security Benefit Distribution in 2030
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic |
Individual Social Security monthly benefit (2024 $) at the— |
10th percentile |
Median |
90th percentile |
|
All beneficiaries |
Total |
$922 |
$1,886 |
$3,094 |
Sex |
|
Female |
$850 |
$1,703 |
$2,889 |
Male |
$1,025 |
$2,106 |
$3,300 |
Race and ethnicity |
|
Hispanic or Latino, any race |
$659 |
$1,382 |
$2,575 |
White, non-Hispanic |
$1,018 |
$2,011 |
$3,178 |
Black or African American, non-Hispanic |
$817 |
$1,692 |
$2,800 |
All other races, non-Hispanic |
$755 |
$1,665 |
$3,122 |
Country of birth |
|
United States |
$996 |
$1,963 |
$3,120 |
Other countries |
$643 |
$1,412 |
$2,909 |
Age |
|
60–69 |
$774 |
$1,633 |
$2,897 |
70–79 |
$979 |
$1,962 |
$3,229 |
80–89 |
$1,044 |
$2,065 |
$3,150 |
90 or older |
$1,068 |
$2,000 |
$2,819 |
Marital status |
|
Married |
$884 |
$1,804 |
$3,148 |
Divorced |
$975 |
$1,944 |
$3,020 |
Widowed |
$1,080 |
$2,103 |
$3,080 |
Never married |
$744 |
$1,620 |
$2,924 |
Highest education level |
|
Graduate |
$1,161 |
$2,477 |
$3,728 |
Bachelor |
$1,082 |
$2,213 |
$3,413 |
Associate |
$999 |
$1,909 |
$2,960 |
High school |
$896 |
$1,719 |
$2,725 |
Less than high school |
$587 |
$1,282 |
$2,355 |
Current-law poverty status |
|
Above poverty |
$994 |
$1,944 |
$3,122 |
In poverty |
$411 |
$928 |
$1,205 |
Current-law household income quintile |
|
Highest |
$1,176 |
$2,434 |
$3,726 |
Second highest |
$1,085 |
$2,176 |
$3,208 |
Middle |
$1,007 |
$1,987 |
$2,909 |
Second lowest |
$939 |
$1,807 |
$2,691 |
Lowest |
$639 |
$1,347 |
$2,166 |
Current-law benefit type |
|
Retired worker only |
$954 |
$1,983 |
$3,195 |
Widow(er) (includes dually entitled) |
$1,132 |
$2,100 |
$2,982 |
Spousal (includes dually entitled) |
$584 |
$1,144 |
$1,606 |
Disabled worker only |
$952 |
$1,708 |
$3,042 |
|
Hispanic or Latino, any race |
Subtotal |
$659 |
$1,382 |
$2,575 |
Sex |
|
Female |
$561 |
$1,202 |
$2,329 |
Male |
$831 |
$1,603 |
$2,845 |
Country of birth |
|
United States |
$814 |
$1,661 |
$2,849 |
Other countries |
$577 |
$1,201 |
$2,323 |
Marital status |
|
Married |
$596 |
$1,305 |
$2,578 |
Divorced |
$790 |
$1,642 |
$2,798 |
Widowed |
$824 |
$1,487 |
$2,544 |
Never married |
$631 |
$1,306 |
$2,436 |
Current-law poverty status |
|
Above poverty |
$684 |
$1,470 |
$2,617 |
In poverty |
$426 |
$926 |
$1,202 |
Current-law household income quintile |
|
Highest |
$807 |
$1,930 |
$3,481 |
Second highest |
$806 |
$1,748 |
$2,966 |
Middle |
$723 |
$1,591 |
$2,645 |
Second lowest |
$738 |
$1,382 |
$2,348 |
Lowest |
$511 |
$1,093 |
$1,852 |
Current-law benefit type |
|
Retired worker only |
$753 |
$1,463 |
$2,606 |
Widow(er) (includes dually entitled) |
$857 |
$1,552 |
$2,628 |
Spousal (includes dually entitled) |
$388 |
$796 |
$1,368 |
Disabled worker only |
$1,036 |
$1,595 |
$2,906 |
|
White, non-Hispanic |
Subtotal |
$1,018 |
$2,011 |
$3,178 |
Sex |
|
Female |
$955 |
$1,792 |
$2,950 |
Male |
$1,141 |
$2,232 |
$3,382 |
Country of birth |
|
United States |
$1,037 |
$2,030 |
$3,180 |
Other countries |
$772 |
$1,635 |
$3,166 |
Age |
|
60–69 |
$895 |
$1,785 |
$2,997 |
70–79 |
$1,070 |
$2,082 |
$3,302 |
80–89 |
$1,087 |
$2,116 |
$3,195 |
90 or older |
$1,085 |
$2,048 |
$2,836 |
Marital status |
|
Married |
$988 |
$1,935 |
$3,231 |
Divorced |
$1,039 |
$2,038 |
$3,081 |
Widowed |
$1,261 |
$2,206 |
$3,161 |
Never married |
$829 |
$1,766 |
$3,067 |
Highest education level |
|
Graduate |
$1,181 |
$2,489 |
$3,744 |
Bachelor |
$1,137 |
$2,275 |
$3,449 |
Associate |
$1,049 |
$1,978 |
$2,998 |
High school |
$969 |
$1,819 |
$2,790 |
Less than high school |
$737 |
$1,491 |
$2,502 |
Current-law poverty status |
|
Above poverty |
$1,082 |
$2,054 |
$3,203 |
In poverty |
$447 |
$952 |
$1,220 |
Current-law household income quintile |
|
Highest |
$1,233 |
$2,489 |
$3,746 |
Second highest |
$1,143 |
$2,234 |
$3,238 |
Middle |
$1,063 |
$2,053 |
$2,929 |
Second lowest |
$1,000 |
$1,898 |
$2,752 |
Lowest |
$760 |
$1,463 |
$2,245 |
Current-law benefit type |
|
Retired worker only |
$1,054 |
$2,106 |
$3,273 |
Widow(er) (includes dually entitled) |
$1,278 |
$2,184 |
$3,047 |
Spousal (includes dually entitled) |
$734 |
$1,197 |
$1,633 |
Disabled worker only |
$1,065 |
$1,837 |
$3,199 |
|
Black or African American, non-Hispanic |
Subtotal |
$817 |
$1,692 |
$2,800 |
Sex |
|
Female |
$815 |
$1,667 |
$2,742 |
Male |
$819 |
$1,721 |
$2,837 |
Country of birth |
|
United States |
$825 |
$1,708 |
$2,774 |
Other countries |
$788 |
$1,608 |
$3,020 |
Marital status |
|
Married |
$830 |
$1,664 |
$2,802 |
Divorced |
$856 |
$1,768 |
$2,854 |
Widowed |
$929 |
$1,883 |
$2,750 |
Never married |
$599 |
$1,437 |
$2,627 |
Highest education level |
|
Graduate |
$1,382 |
$2,343 |
$3,379 |
Bachelor |
$1,008 |
$2,075 |
$3,309 |
Associate |
$909 |
$1,778 |
$2,749 |
High school |
$759 |
$1,524 |
$2,470 |
Less than high school |
$575 |
$1,275 |
$2,254 |
Current-law poverty status |
|
Above poverty |
$946 |
$1,778 |
$2,830 |
In poverty |
$418 |
$883 |
$1,190 |
Current-law household income quintile |
|
Highest |
$1,139 |
$2,180 |
$3,499 |
Second highest |
$1,038 |
$2,017 |
$3,008 |
Middle |
$1,010 |
$1,902 |
$2,888 |
Second lowest |
$856 |
$1,743 |
$2,636 |
Lowest |
$587 |
$1,301 |
$2,051 |
Current-law benefit type |
|
Retired worker only |
$837 |
$1,718 |
$2,817 |
Widow(er) (includes dually entitled) |
$1,043 |
$1,922 |
$2,832 |
Spousal (includes dually entitled) |
$504 |
$1,093 |
$1,518 |
Disabled worker only |
$794 |
$1,616 |
$2,693 |
|
All other races, non-Hispanic |
Subtotal |
$755 |
$1,665 |
$3,122 |
Sex |
|
Female |
$686 |
$1,530 |
$2,914 |
Male |
$873 |
$1,857 |
$3,398 |
Country of birth |
|
United States |
$954 |
$1,827 |
$3,020 |
Other countries |
$658 |
$1,545 |
$3,214 |
Marital status |
|
Married |
$697 |
$1,598 |
$3,188 |
Divorced |
$900 |
$1,817 |
$2,920 |
Widowed |
$893 |
$1,969 |
$3,120 |
Never married |
$631 |
$1,565 |
$2,992 |
Highest education level |
|
Graduate |
$1,096 |
$2,559 |
$3,791 |
Bachelor |
$850 |
$1,956 |
$3,349 |
Associate |
$856 |
$1,666 |
$2,759 |
High school |
$722 |
$1,477 |
$2,610 |
Less than high school |
$402 |
$1,106 |
$2,329 |
Current-law poverty status |
|
Above poverty |
$873 |
$1,762 |
$3,173 |
In poverty |
$252 |
$766 |
$1,155 |
Current-law household income quintile |
|
Highest |
$1,007 |
$2,459 |
$3,743 |
Second highest |
$1,020 |
$2,111 |
$3,301 |
Middle |
$985 |
$1,866 |
$2,835 |
Second lowest |
$751 |
$1,524 |
$2,608 |
Lowest |
$482 |
$1,161 |
$2,006 |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024. |
NOTE: Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Projected Social Security Benefit Distribution in 2050
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic |
Individual Social Security monthly benefit (2024 $) at the— |
10th percentile |
Median |
90th percentile |
|
All beneficiaries |
Total |
$1,062 |
$2,211 |
$3,898 |
Sex |
|
Female |
$999 |
$2,036 |
$3,706 |
Male |
$1,163 |
$2,419 |
$4,090 |
Race and ethnicity |
|
Hispanic or Latino, any race |
$831 |
$1,755 |
$3,249 |
White, non-Hispanic |
$1,192 |
$2,393 |
$3,989 |
Black or African American, non-Hispanic |
$985 |
$1,981 |
$3,573 |
All other races, non-Hispanic |
$992 |
$2,309 |
$4,456 |
Country of birth |
|
United States |
$1,174 |
$2,311 |
$3,910 |
Other countries |
$793 |
$1,836 |
$3,826 |
Age |
|
60–69 |
$923 |
$2,008 |
$3,765 |
70–79 |
$1,088 |
$2,246 |
$4,133 |
80–89 |
$1,138 |
$2,303 |
$3,814 |
90 or older |
$1,229 |
$2,382 |
$3,633 |
Marital status |
|
Married |
$1,031 |
$2,159 |
$3,958 |
Divorced |
$1,140 |
$2,265 |
$3,887 |
Widowed |
$1,198 |
$2,401 |
$3,811 |
Never married |
$903 |
$2,003 |
$3,837 |
Highest education level |
|
Graduate |
$1,458 |
$3,145 |
$4,706 |
Bachelor |
$1,335 |
$2,782 |
$4,335 |
Associate |
$1,175 |
$2,187 |
$3,492 |
High school |
$976 |
$1,890 |
$3,167 |
Less than high school |
$649 |
$1,480 |
$2,702 |
Current-law poverty status |
|
Above poverty |
$1,187 |
$2,278 |
$3,930 |
In poverty |
$437 |
$952 |
$1,222 |
Current-law household income quintile |
|
Highest |
$1,555 |
$3,237 |
$4,780 |
Second highest |
$1,362 |
$2,658 |
$4,030 |
Middle |
$1,243 |
$2,353 |
$3,543 |
Second lowest |
$1,075 |
$2,057 |
$3,119 |
Lowest |
$664 |
$1,442 |
$2,216 |
Current-law benefit type |
|
Retired worker only |
$1,131 |
$2,328 |
$4,022 |
Widow(er) (includes dually entitled) |
$1,259 |
$2,338 |
$3,660 |
Spousal (includes dually entitled) |
$579 |
$1,277 |
$1,959 |
Disabled worker only |
$1,200 |
$2,167 |
$3,909 |
|
Hispanic or Latino, any race |
Subtotal |
$831 |
$1,755 |
$3,249 |
Sex |
|
Female |
$727 |
$1,550 |
$2,906 |
Male |
$961 |
$2,016 |
$3,510 |
Country of birth |
|
United States |
$1,036 |
$1,977 |
$3,401 |
Other countries |
$704 |
$1,572 |
$3,091 |
Age |
|
60–69 |
$751 |
$1,668 |
$3,240 |
70–79 |
$869 |
$1,817 |
$3,393 |
80–89 |
$855 |
$1,770 |
$3,184 |
90 or older |
$967 |
$1,941 |
$3,043 |
Marital status |
|
Married |
$787 |
$1,693 |
$3,249 |
Divorced |
$967 |
$1,926 |
$3,514 |
Widowed |
$956 |
$1,829 |
$3,111 |
Never married |
$748 |
$1,695 |
$3,215 |
Highest education level |
|
Graduate |
$1,029 |
$2,631 |
$4,502 |
Bachelor |
$948 |
$2,209 |
$4,218 |
Associate |
$1,022 |
$2,013 |
$3,384 |
High school |
$882 |
$1,715 |
$3,016 |
Less than high school |
$656 |
$1,479 |
$2,724 |
Current-law poverty status |
|
Above poverty |
$915 |
$1,841 |
$3,309 |
In poverty |
$426 |
$960 |
$1,212 |
Current-law household income quintile |
|
Highest |
$1,099 |
$2,582 |
$4,481 |
Second highest |
$1,147 |
$2,233 |
$3,655 |
Middle |
$1,056 |
$2,050 |
$3,265 |
Second lowest |
$916 |
$1,791 |
$2,896 |
Lowest |
$587 |
$1,285 |
$2,084 |
Current-law benefit type |
|
Retired worker only |
$950 |
$1,863 |
$3,400 |
Widow(er) (includes dually entitled) |
$991 |
$1,815 |
$3,061 |
Spousal (includes dually entitled) |
$483 |
$962 |
$1,691 |
Disabled worker only |
$1,036 |
$2,034 |
$3,374 |
|
White, non-Hispanic |
Subtotal |
$1,192 |
$2,393 |
$3,989 |
Sex |
|
Female |
$1,130 |
$2,228 |
$3,810 |
Male |
$1,315 |
$2,581 |
$4,174 |
Country of birth |
|
United States |
$1,232 |
$2,417 |
$3,988 |
Other countries |
$865 |
$2,090 |
$4,005 |
Age |
|
60–69 |
$1,035 |
$2,188 |
$3,902 |
70–79 |
$1,248 |
$2,466 |
$4,240 |
80–89 |
$1,269 |
$2,449 |
$3,868 |
90 or older |
$1,289 |
$2,472 |
$3,703 |
Marital status |
|
Married |
$1,169 |
$2,323 |
$4,021 |
Divorced |
$1,218 |
$2,397 |
$3,986 |
Widowed |
$1,417 |
$2,600 |
$3,890 |
Never married |
$1,013 |
$2,259 |
$4,039 |
Highest education level |
|
Graduate |
$1,518 |
$3,161 |
$4,671 |
Bachelor |
$1,438 |
$2,886 |
$4,352 |
Associate |
$1,243 |
$2,264 |
$3,518 |
High school |
$1,078 |
$2,020 |
$3,257 |
Less than high school |
$683 |
$1,527 |
$2,781 |
Current-law poverty status |
|
Above poverty |
$1,300 |
$2,442 |
$4,011 |
In poverty |
$433 |
$965 |
$1,226 |
Current-law household income quintile |
|
Highest |
$1,676 |
$3,308 |
$4,761 |
Second highest |
$1,447 |
$2,744 |
$4,031 |
Middle |
$1,302 |
$2,439 |
$3,568 |
Second lowest |
$1,172 |
$2,153 |
$3,159 |
Lowest |
$761 |
$1,522 |
$2,297 |
Current-law benefit type |
|
Retired worker only |
$1,250 |
$2,496 |
$4,093 |
Widow(er) (includes dually entitled) |
$1,450 |
$2,515 |
$3,730 |
Spousal (includes dually entitled) |
$744 |
$1,399 |
$2,000 |
Disabled worker only |
$1,255 |
$2,402 |
$4,128 |
|
Black or African American, non-Hispanic |
Subtotal |
$985 |
$1,981 |
$3,573 |
Sex |
|
Female |
$1,019 |
$1,955 |
$3,532 |
Male |
$943 |
$2,020 |
$3,656 |
Country of birth |
|
United States |
$1,011 |
$1,990 |
$3,517 |
Other countries |
$903 |
$1,909 |
$3,747 |
Age |
|
60–69 |
$819 |
$1,894 |
$3,450 |
70–79 |
$1,045 |
$2,007 |
$3,777 |
80–89 |
$1,062 |
$2,030 |
$3,466 |
90 or older |
$1,118 |
$2,085 |
$3,113 |
Marital status |
|
Married |
$1,014 |
$2,055 |
$3,690 |
Divorced |
$1,050 |
$2,022 |
$3,646 |
Widowed |
$1,053 |
$2,092 |
$3,544 |
Never married |
$853 |
$1,838 |
$3,397 |
Highest education level |
|
Graduate |
$1,582 |
$3,119 |
$4,545 |
Bachelor |
$1,387 |
$2,603 |
$3,908 |
Associate |
$1,139 |
$2,007 |
$3,249 |
High school |
$844 |
$1,731 |
$2,926 |
Less than high school |
$673 |
$1,410 |
$2,460 |
Current-law poverty status |
|
Above poverty |
$1,181 |
$2,062 |
$3,622 |
In poverty |
$474 |
$939 |
$1,233 |
Current-law household income quintile |
|
Highest |
$1,201 |
$3,001 |
$4,718 |
Second highest |
$1,300 |
$2,610 |
$4,143 |
Middle |
$1,311 |
$2,282 |
$3,594 |
Second lowest |
$1,138 |
$2,077 |
$3,177 |
Lowest |
$684 |
$1,501 |
$2,144 |
Current-law benefit type |
|
Retired worker only |
$1,030 |
$2,012 |
$3,596 |
Widow(er) (includes dually entitled) |
$1,098 |
$2,013 |
$3,536 |
Spousal (includes dually entitled) |
$444 |
$1,022 |
$1,837 |
Disabled worker only |
$1,281 |
$2,003 |
$3,598 |
|
All other races, non-Hispanic |
Subtotal |
$992 |
$2,309 |
$4,456 |
Sex |
|
Female |
$892 |
$2,018 |
$4,219 |
Male |
$1,127 |
$2,725 |
$4,641 |
Country of birth |
|
United States |
$1,146 |
$2,324 |
$4,241 |
Other countries |
$900 |
$2,285 |
$4,551 |
Age |
|
60–69 |
$862 |
$2,159 |
$4,581 |
70–79 |
$992 |
$2,345 |
$4,635 |
80–89 |
$1,001 |
$2,259 |
$4,182 |
90 or older |
$1,219 |
$2,502 |
$3,731 |
Marital status |
|
Married |
$928 |
$2,321 |
$4,601 |
Divorced |
$1,047 |
$2,166 |
$3,978 |
Widowed |
$1,092 |
$2,493 |
$4,200 |
Never married |
$1,033 |
$2,161 |
$4,581 |
Highest education level |
|
Graduate |
$1,379 |
$3,391 |
$4,936 |
Bachelor |
$1,167 |
$2,601 |
$4,501 |
Associate |
$994 |
$2,000 |
$3,724 |
High school |
$832 |
$1,689 |
$3,199 |
Less than high school |
$442 |
$1,198 |
$2,382 |
Current-law poverty status |
|
Above poverty |
$1,148 |
$2,390 |
$4,496 |
In poverty |
$387 |
$886 |
$1,184 |
Current-law household income quintile |
|
Highest |
$1,682 |
$3,651 |
$5,061 |
Second highest |
$1,330 |
$2,869 |
$4,224 |
Middle |
$1,194 |
$2,280 |
$3,753 |
Second lowest |
$943 |
$1,954 |
$3,138 |
Lowest |
$533 |
$1,282 |
$2,059 |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024. |
NOTE: Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Projected Social Security Benefit Distribution in 2070
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic |
Individual Social Security monthly benefit (2024 $) at the— |
10th percentile |
Median |
90th percentile |
|
All beneficiaries |
Total |
$1,286 |
$2,710 |
$4,933 |
Sex |
|
Female |
$1,205 |
$2,516 |
$4,746 |
Male |
$1,391 |
$2,948 |
$5,136 |
Race and ethnicity |
|
Hispanic or Latino, any race |
$1,032 |
$2,196 |
$4,039 |
White, non-Hispanic |
$1,470 |
$2,981 |
$5,078 |
Black or African American, non-Hispanic |
$1,241 |
$2,477 |
$4,593 |
All other races, non-Hispanic |
$1,173 |
$2,995 |
$5,736 |
Country of birth |
|
United States |
$1,432 |
$2,829 |
$4,939 |
Other countries |
$897 |
$2,248 |
$4,915 |
Age |
|
60–69 |
$1,097 |
$2,489 |
$4,696 |
70–79 |
$1,304 |
$2,745 |
$5,154 |
80–89 |
$1,401 |
$2,835 |
$4,916 |
90 or older |
$1,509 |
$2,928 |
$4,734 |
Marital status |
|
Married |
$1,238 |
$2,647 |
$4,956 |
Divorced |
$1,421 |
$2,841 |
$4,905 |
Widowed |
$1,438 |
$2,938 |
$4,888 |
Never married |
$1,178 |
$2,541 |
$4,952 |
Highest education level |
|
Graduate |
$1,858 |
$3,875 |
$5,819 |
Bachelor |
$1,659 |
$3,512 |
$5,479 |
Associate |
$1,408 |
$2,620 |
$4,300 |
High school |
$1,157 |
$2,287 |
$3,924 |
Less than high school |
$801 |
$1,833 |
$3,391 |
Current-law poverty status |
|
Above poverty |
$1,412 |
$2,769 |
$4,965 |
In poverty |
$445 |
$887 |
$1,214 |
Current-law household income quintile |
|
Highest |
$1,945 |
$4,208 |
$6,080 |
Second highest |
$1,703 |
$3,389 |
$4,976 |
Middle |
$1,539 |
$2,905 |
$4,416 |
Second lowest |
$1,311 |
$2,522 |
$3,744 |
Lowest |
$778 |
$1,715 |
$2,612 |
Current-law benefit type |
|
Retired worker only |
$1,382 |
$2,855 |
$5,115 |
Widow(er) (includes dually entitled) |
$1,493 |
$2,833 |
$4,527 |
Spousal (includes dually entitled) |
$687 |
$1,515 |
$2,405 |
Disabled worker only |
$1,477 |
$2,703 |
$4,737 |
|
Hispanic or Latino, any race |
Subtotal |
$1,032 |
$2,196 |
$4,039 |
Sex |
|
Female |
$941 |
$1,971 |
$3,626 |
Male |
$1,171 |
$2,470 |
$4,321 |
Country of birth |
|
United States |
$1,260 |
$2,402 |
$4,172 |
Other countries |
$803 |
$1,883 |
$3,716 |
Age |
|
60–69 |
$921 |
$2,127 |
$3,971 |
70–79 |
$1,041 |
$2,209 |
$4,102 |
80–89 |
$1,163 |
$2,241 |
$4,051 |
90 or older |
$1,120 |
$2,370 |
$3,912 |
Marital status |
|
Married |
$994 |
$2,127 |
$3,980 |
Divorced |
$1,217 |
$2,480 |
$4,239 |
Widowed |
$1,137 |
$2,220 |
$3,995 |
Never married |
$950 |
$2,101 |
$4,017 |
Highest education level |
|
Graduate |
$1,572 |
$3,230 |
$5,251 |
Bachelor |
$1,222 |
$2,829 |
$5,124 |
Associate |
$1,223 |
$2,401 |
$4,039 |
High school |
$1,093 |
$2,152 |
$3,761 |
Less than high school |
$819 |
$1,835 |
$3,375 |
Current-law poverty status |
|
Above poverty |
$1,167 |
$2,261 |
$4,077 |
In poverty |
$450 |
$882 |
$1,228 |
Current-law household income quintile |
|
Highest |
$1,269 |
$2,942 |
$5,523 |
Second highest |
$1,383 |
$2,760 |
$4,625 |
Middle |
$1,287 |
$2,504 |
$4,027 |
Second lowest |
$1,154 |
$2,303 |
$3,558 |
Lowest |
$702 |
$1,607 |
$2,517 |
Current-law benefit type |
|
Retired worker only |
$1,157 |
$2,310 |
$4,176 |
Widow(er) (includes dually entitled) |
$1,251 |
$2,330 |
$3,810 |
Spousal (includes dually entitled) |
$591 |
$1,230 |
$2,194 |
Disabled worker only |
$1,255 |
$2,562 |
$4,215 |
|
White, non-Hispanic |
Subtotal |
$1,470 |
$2,981 |
$5,078 |
Sex |
|
Female |
$1,389 |
$2,778 |
$4,882 |
Male |
$1,600 |
$3,201 |
$5,271 |
Country of birth |
|
United States |
$1,522 |
$3,022 |
$5,078 |
Other countries |
$1,045 |
$2,496 |
$5,086 |
Age |
|
60–69 |
$1,286 |
$2,754 |
$4,940 |
70–79 |
$1,484 |
$3,052 |
$5,307 |
80–89 |
$1,553 |
$3,036 |
$4,999 |
90 or older |
$1,640 |
$3,113 |
$4,768 |
Marital status |
|
Married |
$1,424 |
$2,861 |
$5,076 |
Divorced |
$1,578 |
$3,069 |
$5,073 |
Widowed |
$1,692 |
$3,236 |
$5,052 |
Never married |
$1,279 |
$2,865 |
$5,147 |
Highest education level |
|
Graduate |
$1,985 |
$3,945 |
$5,782 |
Bachelor |
$1,799 |
$3,612 |
$5,464 |
Associate |
$1,491 |
$2,749 |
$4,384 |
High school |
$1,268 |
$2,396 |
$3,988 |
Less than high school |
$859 |
$1,951 |
$3,510 |
Current-law poverty status |
|
Above poverty |
$1,567 |
$3,027 |
$5,099 |
In poverty |
$459 |
$912 |
$1,215 |
Current-law household income quintile |
|
Highest |
$2,195 |
$4,323 |
$6,059 |
Second highest |
$1,851 |
$3,547 |
$5,039 |
Middle |
$1,650 |
$3,054 |
$4,512 |
Second lowest |
$1,411 |
$2,616 |
$3,779 |
Lowest |
$855 |
$1,790 |
$2,674 |
Current-law benefit type |
|
Retired worker only |
$1,546 |
$3,106 |
$5,222 |
Widow(er) (includes dually entitled) |
$1,673 |
$3,113 |
$4,673 |
Spousal (includes dually entitled) |
$814 |
$1,693 |
$2,448 |
Disabled worker only |
$1,694 |
$2,970 |
$4,967 |
|
Black or African American, non-Hispanic |
Subtotal |
$1,241 |
$2,477 |
$4,593 |
Sex |
|
Female |
$1,264 |
$2,434 |
$4,435 |
Male |
$1,222 |
$2,514 |
$4,792 |
Country of birth |
|
United States |
$1,312 |
$2,495 |
$4,576 |
Other countries |
$901 |
$2,315 |
$4,705 |
Age |
|
60–69 |
$1,099 |
$2,327 |
$4,463 |
70–79 |
$1,221 |
$2,530 |
$4,836 |
80–89 |
$1,335 |
$2,565 |
$4,400 |
90 or older |
$1,583 |
$2,700 |
$4,576 |
Marital status |
|
Married |
$1,195 |
$2,609 |
$4,832 |
Divorced |
$1,319 |
$2,531 |
$4,563 |
Widowed |
$1,364 |
$2,584 |
$4,608 |
Never married |
$1,182 |
$2,330 |
$4,399 |
Highest education level |
|
Graduate |
$1,943 |
$3,689 |
$5,493 |
Bachelor |
$1,685 |
$3,225 |
$5,047 |
Associate |
$1,389 |
$2,385 |
$3,975 |
High school |
$1,056 |
$2,116 |
$3,895 |
Less than high school |
$696 |
$1,703 |
$3,022 |
Current-law poverty status |
|
Above poverty |
$1,411 |
$2,556 |
$4,633 |
In poverty |
$411 |
$907 |
$1,203 |
Current-law household income quintile |
|
Highest |
$1,666 |
$3,917 |
$5,874 |
Second highest |
$1,649 |
$3,320 |
$4,962 |
Middle |
$1,577 |
$2,912 |
$4,493 |
Second lowest |
$1,464 |
$2,631 |
$3,901 |
Lowest |
$860 |
$1,760 |
$2,667 |
Current-law benefit type |
|
Retired worker only |
$1,268 |
$2,581 |
$4,685 |
Widow(er) (includes dually entitled) |
$1,399 |
$2,315 |
$4,373 |
Spousal (includes dually entitled) |
$676 |
$1,470 |
$2,378 |
Disabled worker only |
$1,644 |
$2,431 |
$4,053 |
|
All other races, non-Hispanic |
Subtotal |
$1,173 |
$2,995 |
$5,736 |
Sex |
|
Female |
$1,082 |
$2,649 |
$5,637 |
Male |
$1,319 |
$3,476 |
$5,887 |
Country of birth |
|
United States |
$1,513 |
$3,162 |
$5,822 |
Other countries |
$1,035 |
$2,866 |
$5,724 |
Age |
|
60–69 |
$988 |
$2,666 |
$5,508 |
70–79 |
$1,216 |
$3,044 |
$5,999 |
80–89 |
$1,337 |
$3,136 |
$5,597 |
90 or older |
$1,280 |
$3,178 |
$5,249 |
Marital status |
|
Married |
$1,088 |
$3,018 |
$5,792 |
Divorced |
$1,093 |
$2,769 |
$5,358 |
Widowed |
$1,282 |
$3,003 |
$5,469 |
Never married |
$1,314 |
$3,006 |
$5,936 |
Highest education level |
|
Graduate |
$1,550 |
$4,017 |
$6,207 |
Bachelor |
$1,363 |
$3,575 |
$5,919 |
Associate |
$1,335 |
$2,381 |
$4,501 |
High school |
$890 |
$2,194 |
$4,470 |
Less than high school |
$631 |
$1,429 |
$3,161 |
Current-law poverty status |
|
Above poverty |
$1,360 |
$3,078 |
$5,780 |
In poverty |
$419 |
$829 |
$1,179 |
Current-law household income quintile |
|
Highest |
$2,159 |
$4,874 |
$6,382 |
Second highest |
$1,639 |
$3,495 |
$5,225 |
Middle |
$1,419 |
$2,960 |
$4,480 |
Second lowest |
$1,080 |
$2,441 |
$3,709 |
Lowest |
$676 |
$1,575 |
$2,426 |
Current-law benefit type |
|
Retired worker only |
$1,404 |
$3,319 |
$5,928 |
Widow(er) (includes dually entitled) |
$1,289 |
$2,836 |
$4,806 |
Spousal (includes dually entitled) |
$621 |
$1,472 |
$2,481 |
Disabled worker only |
$1,477 |
$2,880 |
$4,956 |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024. |
NOTE: Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Projected Poverty Rates and Numbers in 2024
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic |
Poverty rate |
Number of population in poverty (in thousands) |
Official |
Supplemental |
Official |
Supplemental |
|
All beneficiaries |
Total |
5.0% |
10.0% |
3,179 |
6,476 |
Sex |
|
Female |
6.0% |
11.0% |
1,928 |
3,748 |
Male |
4.0% |
9.0% |
1,251 |
2,728 |
Race and ethnicity |
|
Hispanic or Latino, any race |
10.0% |
21.0% |
582 |
1,186 |
White, non-Hispanic |
4.0% |
8.0% |
1,773 |
4,023 |
Black or African American, non-Hispanic |
10.0% |
14.0% |
604 |
838 |
All other races, non-Hispanic |
7.0% |
13.0% |
220 |
429 |
Country of birth |
|
United States |
4.0% |
9.0% |
2,365 |
4,836 |
Other countries |
10.0% |
20.0% |
814 |
1,640 |
Age |
|
60–69 |
7.0% |
13.0% |
1,759 |
3,142 |
70–79 |
4.0% |
8.0% |
1,068 |
2,196 |
80–89 |
3.0% |
8.0% |
283 |
896 |
90 or older |
4.0% |
13.0% |
69 |
242 |
Marital status |
|
Married |
2.0% |
6.0% |
558 |
2,075 |
Divorced |
10.0% |
17.0% |
1,111 |
1,868 |
Widowed |
7.0% |
13.0% |
761 |
1,465 |
Never married |
18.0% |
26.0% |
749 |
1,067 |
Highest education level |
|
Graduate |
1.0% |
4.0% |
95 |
269 |
Bachelor |
3.0% |
7.0% |
313 |
774 |
Associate |
4.0% |
8.0% |
606 |
1,183 |
High school |
6.0% |
12.0% |
1,438 |
2,944 |
Less than high school |
13.0% |
24.0% |
727 |
1,305 |
Current-law poverty status |
|
Above poverty |
.0% |
6.0% |
0 |
3,656 |
In poverty |
100.0% |
89.0% |
3,179 |
2,820 |
Current-law benefit type |
|
Retired worker only |
5.0% |
10.0% |
2,086 |
4,215 |
Widow(er) (includes dually entitled) |
6.0% |
13.0% |
621 |
1,374 |
Spousal (includes dually entitled) |
3.0% |
7.0% |
188 |
432 |
Disabled worker only |
11.0% |
18.0% |
283 |
455 |
|
Hispanic or Latino, any race |
Subtotal |
10.0% |
21.0% |
582 |
1,186 |
Sex |
|
Female |
13.0% |
23.0% |
386 |
676 |
Male |
7.0% |
19.0% |
196 |
510 |
Country of birth |
|
United States |
7.0% |
16.0% |
192 |
421 |
Other countries |
13.0% |
26.0% |
390 |
765 |
Marital status |
|
Married |
5.0% |
17.0% |
175 |
566 |
Divorced |
15.0% |
22.0% |
121 |
177 |
Widowed |
21.0% |
30.0% |
214 |
299 |
Never married |
20.0% |
41.0% |
72 |
144 |
Current-law poverty status |
|
Above poverty |
.0% |
13.0% |
0 |
664 |
In poverty |
100.0% |
90.0% |
582 |
522 |
Current-law benefit type |
|
Retired worker only |
9.0% |
20.0% |
336 |
776 |
Widow(er) (includes dually entitled) |
18.0% |
28.0% |
152 |
233 |
Spousal (includes dually entitled) |
9.0% |
19.0% |
54 |
118 |
Disabled worker only |
14.0% |
20.0% |
40 |
60 |
|
White, non-Hispanic |
Subtotal |
4.0% |
8.0% |
1,773 |
4,023 |
Sex |
|
Female |
4.0% |
9.0% |
1,042 |
2,333 |
Male |
3.0% |
8.0% |
731 |
1,690 |
Country of birth |
|
United States |
4.0% |
8.0% |
1,585 |
3,569 |
Other countries |
7.0% |
17.0% |
188 |
454 |
Age |
|
60–69 |
6.0% |
11.0% |
950 |
1,880 |
70–79 |
3.0% |
7.0% |
605 |
1,349 |
80–89 |
2.0% |
7.0% |
172 |
596 |
90 or older |
3.0% |
12.0% |
47 |
197 |
Marital status |
|
Married |
1.0% |
4.0% |
232 |
1,117 |
Divorced |
9.0% |
17.0% |
747 |
1,389 |
Widowed |
4.0% |
10.0% |
379 |
897 |
Never married |
15.0% |
23.0% |
415 |
620 |
Highest education level |
|
Graduate |
1.0% |
3.0% |
70 |
204 |
Bachelor |
2.0% |
6.0% |
206 |
547 |
Associate |
4.0% |
7.0% |
402 |
820 |
High school |
4.0% |
10.0% |
833 |
1,921 |
Less than high school |
10.0% |
20.0% |
262 |
531 |
Current-law poverty status |
|
Above poverty |
.0% |
5.0% |
0 |
2,407 |
In poverty |
100.0% |
91.0% |
1,773 |
1,616 |
Current-law benefit type |
|
Retired worker only |
4.0% |
8.0% |
1,165 |
2,567 |
Widow(er) (includes dually entitled) |
4.0% |
11.0% |
343 |
927 |
Spousal (includes dually entitled) |
2.0% |
5.0% |
99 |
254 |
Disabled worker only |
11.0% |
18.0% |
167 |
275 |
|
Black or African American, non-Hispanic |
Subtotal |
10.0% |
14.0% |
604 |
838 |
Sex |
|
Female |
11.0% |
15.0% |
379 |
507 |
Male |
8.0% |
12.0% |
225 |
331 |
Country of birth |
|
United States |
10.0% |
13.0% |
514 |
689 |
Other countries |
12.0% |
19.0% |
90 |
149 |
Marital status |
|
Married |
3.0% |
7.0% |
82 |
196 |
Divorced |
13.0% |
15.0% |
187 |
216 |
Widowed |
10.0% |
15.0% |
109 |
174 |
Never married |
26.0% |
29.0% |
226 |
251 |
Current-law poverty status |
|
Above poverty |
.0% |
6.0% |
0 |
350 |
In poverty |
100.0% |
81.0% |
604 |
488 |
|
All other races, non-Hispanic |
Subtotal |
7.0% |
13.0% |
220 |
429 |
Sex |
|
Female |
7.0% |
13.0% |
121 |
231 |
Male |
7.0% |
14.0% |
98 |
198 |
Country of birth |
|
United States |
5.0% |
10.0% |
73 |
157 |
Other countries |
9.0% |
16.0% |
147 |
273 |
Current-law poverty status |
|
Above poverty |
.0% |
8.0% |
0 |
236 |
In poverty |
100.0% |
88.0% |
220 |
193 |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024. |
NOTE: Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Projected Poverty Rates and Numbers in 2030
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic |
Poverty rate |
Number of population in poverty (in thousands) |
Official |
Supplemental |
Official |
Supplemental |
|
All beneficiaries |
Total |
5.0% |
13.0% |
3,465 |
9,250 |
Sex |
|
Female |
5.0% |
13.0% |
1,958 |
5,111 |
Male |
5.0% |
13.0% |
1,507 |
4,139 |
Race and ethnicity |
|
Hispanic or Latino, any race |
8.0% |
22.0% |
672 |
1,777 |
White, non-Hispanic |
4.0% |
11.0% |
1,943 |
5,482 |
Black or African American, non-Hispanic |
8.0% |
18.0% |
577 |
1,279 |
All other races, non-Hispanic |
7.0% |
18.0% |
273 |
712 |
Country of birth |
|
United States |
4.0% |
11.0% |
2,486 |
6,758 |
Other countries |
9.0% |
22.0% |
979 |
2,492 |
Age |
|
60–69 |
7.0% |
16.0% |
1,655 |
3,615 |
70–79 |
4.0% |
13.0% |
1,346 |
3,764 |
80–89 |
3.0% |
10.0% |
417 |
1,553 |
90 or older |
2.0% |
12.0% |
46 |
318 |
Marital status |
|
Married |
2.0% |
8.0% |
646 |
3,229 |
Divorced |
9.0% |
20.0% |
1,175 |
2,547 |
Widowed |
6.0% |
15.0% |
813 |
1,994 |
Never married |
16.0% |
29.0% |
832 |
1,481 |
Highest education level |
|
Graduate |
1.0% |
4.0% |
91 |
352 |
Bachelor |
2.0% |
8.0% |
322 |
1,017 |
Associate |
4.0% |
11.0% |
694 |
1,774 |
High school |
6.0% |
17.0% |
1,593 |
4,412 |
Less than high school |
13.0% |
29.0% |
765 |
1,695 |
Current-law poverty status |
|
Above poverty |
.0% |
9.0% |
0 |
6,034 |
In poverty |
100.0% |
93.0% |
3,465 |
3,216 |
Current-law benefit type |
|
Retired worker only |
5.0% |
12.0% |
2,355 |
6,153 |
Widow(er) (includes dually entitled) |
6.0% |
16.0% |
664 |
1,861 |
Spousal (includes dually entitled) |
3.0% |
10.0% |
189 |
662 |
Disabled worker only |
9.0% |
21.0% |
257 |
573 |
|
Hispanic or Latino, any race |
Subtotal |
8.0% |
22.0% |
672 |
1,777 |
Sex |
|
Female |
9.0% |
22.0% |
359 |
904 |
Male |
8.0% |
23.0% |
313 |
873 |
Country of birth |
|
United States |
6.0% |
18.0% |
214 |
615 |
Other countries |
10.0% |
26.0% |
458 |
1,162 |
Marital status |
|
Married |
4.0% |
20.0% |
205 |
994 |
Divorced |
12.0% |
20.0% |
124 |
209 |
Widowed |
17.0% |
27.0% |
241 |
396 |
Never married |
19.0% |
34.0% |
102 |
179 |
Current-law poverty status |
|
Above poverty |
.0% |
16.0% |
0 |
1,139 |
In poverty |
100.0% |
95.0% |
672 |
638 |
Current-law benefit type |
|
Retired worker only |
7.0% |
21.0% |
392 |
1,129 |
Widow(er) (includes dually entitled) |
15.0% |
25.0% |
181 |
295 |
Spousal (includes dually entitled) |
5.0% |
25.0% |
45 |
222 |
Disabled worker only |
10.0% |
24.0% |
54 |
131 |
|
White, non-Hispanic |
Subtotal |
4.0% |
11.0% |
1,943 |
5,482 |
Sex |
|
Female |
4.0% |
11.0% |
1,122 |
3,104 |
Male |
3.0% |
10.0% |
821 |
2,378 |
Country of birth |
|
United States |
4.0% |
10.0% |
1,706 |
4,835 |
Other countries |
7.0% |
20.0% |
237 |
647 |
Age |
|
60–69 |
6.0% |
14.0% |
922 |
2,078 |
70–79 |
3.0% |
10.0% |
725 |
2,137 |
80–89 |
2.0% |
9.0% |
269 |
1,029 |
90 or older |
1.0% |
11.0% |
27 |
239 |
Marital status |
|
Married |
1.0% |
5.0% |
291 |
1,567 |
Divorced |
8.0% |
19.0% |
799 |
1,830 |
Widowed |
4.0% |
13.0% |
389 |
1,201 |
Never married |
14.0% |
28.0% |
464 |
885 |
Highest education level |
|
Graduate |
1.0% |
4.0% |
65 |
254 |
Bachelor |
2.0% |
6.0% |
204 |
671 |
Associate |
4.0% |
10.0% |
439 |
1,186 |
High school |
5.0% |
14.0% |
943 |
2,712 |
Less than high school |
12.0% |
28.0% |
291 |
659 |
Current-law poverty status |
|
Above poverty |
.0% |
7.0% |
0 |
3,661 |
In poverty |
100.0% |
94.0% |
1,943 |
1,821 |
Current-law benefit type |
|
Retired worker only |
4.0% |
10.0% |
1,376 |
3,653 |
Widow(er) (includes dually entitled) |
4.0% |
13.0% |
323 |
1,180 |
Spousal (includes dually entitled) |
2.0% |
7.0% |
104 |
334 |
Disabled worker only |
9.0% |
21.0% |
140 |
316 |
|
Black or African American, non-Hispanic |
Subtotal |
8.0% |
18.0% |
577 |
1,279 |
Sex |
|
Female |
9.0% |
19.0% |
336 |
731 |
Male |
8.0% |
17.0% |
241 |
548 |
Country of birth |
|
United States |
8.0% |
17.0% |
477 |
1,049 |
Other countries |
10.0% |
24.0% |
100 |
229 |
Marital status |
|
Married |
2.0% |
10.0% |
60 |
318 |
Divorced |
11.0% |
22.0% |
182 |
363 |
Widowed |
9.0% |
20.0% |
109 |
247 |
Never married |
20.0% |
31.0% |
225 |
351 |
Current-law poverty status |
|
Above poverty |
.0% |
12.0% |
0 |
785 |
In poverty |
100.0% |
86.0% |
577 |
494 |
|
All other races, non-Hispanic |
Subtotal |
7.0% |
18.0% |
273 |
712 |
Sex |
|
Female |
6.0% |
17.0% |
142 |
372 |
Male |
7.0% |
19.0% |
131 |
340 |
Country of birth |
|
United States |
5.0% |
15.0% |
89 |
258 |
Other countries |
8.0% |
20.0% |
184 |
454 |
Marital status |
|
Married |
4.0% |
14.0% |
89 |
351 |
Divorced |
12.0% |
24.0% |
70 |
145 |
Widowed |
10.0% |
20.0% |
74 |
150 |
Never married |
17.0% |
27.0% |
41 |
66 |
Current-law poverty status |
|
Above poverty |
.0% |
12.0% |
0 |
449 |
In poverty |
100.0% |
96.0% |
273 |
263 |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024. |
NOTE: Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Projected Poverty Rates and Numbers in 2050
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic |
Poverty rate |
Number of population in poverty (in thousands) |
Official |
Supplemental |
Official |
Supplemental |
|
All beneficiaries |
Total |
5.0% |
22.0% |
3,782 |
18,627 |
Sex |
|
Female |
5.0% |
24.0% |
2,099 |
10,497 |
Male |
4.0% |
21.0% |
1,683 |
8,130 |
Race and ethnicity |
|
Hispanic or Latino, any race |
7.0% |
32.0% |
1,058 |
4,821 |
White, non-Hispanic |
3.0% |
19.0% |
1,741 |
9,748 |
Black or African American, non-Hispanic |
7.0% |
29.0% |
657 |
2,655 |
All other races, non-Hispanic |
5.0% |
22.0% |
326 |
1,402 |
Country of birth |
|
United States |
4.0% |
20.0% |
2,511 |
13,017 |
Other countries |
7.0% |
30.0% |
1,271 |
5,609 |
Age |
|
60–69 |
6.0% |
24.0% |
1,402 |
5,518 |
70–79 |
4.0% |
22.0% |
1,337 |
6,701 |
80–89 |
4.0% |
23.0% |
873 |
4,861 |
90 or older |
2.0% |
20.0% |
170 |
1,546 |
Marital status |
|
Married |
2.0% |
16.0% |
711 |
6,957 |
Divorced |
7.0% |
30.0% |
1,070 |
4,578 |
Widowed |
5.0% |
25.0% |
817 |
3,820 |
Never married |
12.0% |
34.0% |
1,183 |
3,271 |
Highest education level |
|
Graduate |
1.0% |
8.0% |
169 |
931 |
Bachelor |
2.0% |
12.0% |
344 |
2,142 |
Associate |
3.0% |
22.0% |
630 |
4,106 |
High school |
6.0% |
31.0% |
1,694 |
8,223 |
Less than high school |
12.0% |
42.0% |
944 |
3,225 |
Current-law poverty status |
|
Above poverty |
.0% |
19.0% |
0 |
14,963 |
In poverty |
100.0% |
97.0% |
3,782 |
3,664 |
Current-law benefit type |
|
Retired worker only |
5.0% |
21.0% |
2,839 |
12,696 |
Widow(er) (includes dually entitled) |
4.0% |
28.0% |
508 |
3,439 |
Spousal (includes dually entitled) |
3.0% |
25.0% |
218 |
1,588 |
Disabled worker only |
7.0% |
28.0% |
216 |
904 |
|
Hispanic or Latino, any race |
Subtotal |
7.0% |
32.0% |
1,058 |
4,821 |
Sex |
|
Female |
8.0% |
33.0% |
598 |
2,600 |
Male |
6.0% |
30.0% |
460 |
2,221 |
Country of birth |
|
United States |
5.0% |
26.0% |
361 |
1,751 |
Other countries |
8.0% |
36.0% |
697 |
3,069 |
Age |
|
60–69 |
8.0% |
31.0% |
420 |
1,613 |
70–79 |
6.0% |
29.0% |
389 |
1,834 |
80–89 |
7.0% |
37.0% |
207 |
1,128 |
90 or older |
6.0% |
36.0% |
43 |
245 |
Marital status |
|
Married |
3.0% |
28.0% |
259 |
2,402 |
Divorced |
9.0% |
33.0% |
186 |
656 |
Widowed |
11.0% |
38.0% |
309 |
1,079 |
Never married |
17.0% |
38.0% |
304 |
684 |
Current-law poverty status |
|
Above poverty |
.0% |
27.0% |
0 |
3,790 |
In poverty |
100.0% |
97.0% |
1,058 |
1,030 |
Current-law benefit type |
|
Retired worker only |
7.0% |
30.0% |
780 |
3,292 |
Widow(er) (includes dually entitled) |
8.0% |
38.0% |
166 |
773 |
Spousal (includes dually entitled) |
3.0% |
35.0% |
50 |
541 |
Disabled worker only |
9.0% |
30.0% |
61 |
214 |
|
White, non-Hispanic |
Subtotal |
3.0% |
19.0% |
1,741 |
9,748 |
Sex |
|
Female |
3.0% |
20.0% |
971 |
5,591 |
Male |
3.0% |
17.0% |
770 |
4,158 |
Country of birth |
|
United States |
3.0% |
18.0% |
1,480 |
8,547 |
Other countries |
6.0% |
28.0% |
261 |
1,201 |
Age |
|
60–69 |
5.0% |
20.0% |
643 |
2,730 |
70–79 |
3.0% |
18.0% |
553 |
3,231 |
80–89 |
3.0% |
19.0% |
454 |
2,738 |
90 or older |
2.0% |
18.0% |
92 |
1,049 |
Marital status |
|
Married |
1.0% |
12.0% |
292 |
3,361 |
Divorced |
6.0% |
28.0% |
635 |
2,866 |
Widowed |
3.0% |
21.0% |
323 |
2,062 |
Never married |
11.0% |
31.0% |
492 |
1,459 |
Highest education level |
|
Graduate |
1.0% |
7.0% |
94 |
561 |
Bachelor |
1.0% |
9.0% |
167 |
1,250 |
Associate |
3.0% |
20.0% |
367 |
2,550 |
High school |
5.0% |
28.0% |
788 |
4,382 |
Less than high school |
15.0% |
46.0% |
325 |
1,005 |
Current-law poverty status |
|
Above poverty |
.0% |
16.0% |
0 |
8,053 |
In poverty |
100.0% |
97.0% |
1,741 |
1,695 |
Current-law benefit type |
|
Retired worker only |
3.0% |
17.0% |
1,308 |
6,575 |
Widow(er) (includes dually entitled) |
3.0% |
24.0% |
226 |
2,011 |
Spousal (includes dually entitled) |
3.0% |
20.0% |
114 |
753 |
Disabled worker only |
6.0% |
25.0% |
93 |
409 |
|
Black or African American, non-Hispanic |
Subtotal |
7.0% |
29.0% |
657 |
2,655 |
Sex |
|
Female |
7.0% |
30.0% |
325 |
1,479 |
Male |
8.0% |
29.0% |
332 |
1,176 |
Country of birth |
|
United States |
7.0% |
30.0% |
569 |
2,246 |
Other countries |
6.0% |
29.0% |
88 |
410 |
Age |
|
60–69 |
9.0% |
30.0% |
259 |
870 |
70–79 |
7.0% |
30.0% |
260 |
1,040 |
80–89 |
5.0% |
28.0% |
110 |
578 |
90 or older |
5.0% |
30.0% |
27 |
168 |
Marital status |
|
Married |
2.0% |
20.0% |
75 |
606 |
Divorced |
8.0% |
37.0% |
171 |
779 |
Widowed |
8.0% |
28.0% |
101 |
366 |
Never married |
12.0% |
36.0% |
310 |
904 |
Current-law poverty status |
|
Above poverty |
.0% |
24.0% |
0 |
2,030 |
In poverty |
100.0% |
95.0% |
657 |
625 |
|
All other races, non-Hispanic |
Subtotal |
5.0% |
22.0% |
326 |
1,402 |
Sex |
|
Female |
6.0% |
23.0% |
205 |
827 |
Male |
4.0% |
20.0% |
121 |
576 |
Country of birth |
|
United States |
5.0% |
24.0% |
101 |
473 |
Other countries |
5.0% |
21.0% |
225 |
929 |
Marital status |
|
Married |
2.0% |
16.0% |
86 |
588 |
Divorced |
9.0% |
32.0% |
78 |
276 |
Widowed |
7.0% |
27.0% |
85 |
313 |
Never married |
10.0% |
30.0% |
78 |
225 |
Highest education level |
|
Graduate |
2.0% |
11.0% |
39 |
177 |
Bachelor |
3.0% |
16.0% |
55 |
319 |
Associate |
4.0% |
28.0% |
47 |
312 |
High school |
8.0% |
33.0% |
113 |
453 |
Less than high school |
26.0% |
52.0% |
72 |
142 |
Current-law poverty status |
|
Above poverty |
.0% |
18.0% |
0 |
1,089 |
In poverty |
100.0% |
96.0% |
326 |
313 |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024. |
NOTE: Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Projected Poverty Rates and Numbers in 2070
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic |
Poverty rate |
Number of population in poverty (in thousands) |
Official |
Supplemental |
Official |
Supplemental |
|
All beneficiaries |
Total |
3.0% |
28.0% |
2,822 |
25,882 |
Sex |
|
Female |
3.0% |
29.0% |
1,527 |
14,022 |
Male |
3.0% |
27.0% |
1,296 |
11,860 |
Race and ethnicity |
|
Hispanic or Latino, any race |
4.0% |
36.0% |
963 |
7,682 |
White, non-Hispanic |
2.0% |
24.0% |
1,125 |
12,737 |
Black or African American, non-Hispanic |
5.0% |
34.0% |
426 |
3,178 |
All other races, non-Hispanic |
3.0% |
26.0% |
309 |
2,285 |
Country of birth |
|
United States |
2.0% |
27.0% |
1,770 |
19,267 |
Other countries |
5.0% |
33.0% |
1,052 |
6,615 |
Age |
|
60–69 |
4.0% |
28.0% |
945 |
7,227 |
70–79 |
3.0% |
27.0% |
1,057 |
9,557 |
80–89 |
3.0% |
29.0% |
628 |
6,612 |
90 or older |
2.0% |
29.0% |
192 |
2,486 |
Marital status |
|
Married |
1.0% |
21.0% |
470 |
8,916 |
Divorced |
4.0% |
33.0% |
687 |
5,980 |
Widowed |
3.0% |
31.0% |
486 |
4,598 |
Never married |
7.0% |
38.0% |
1,179 |
6,389 |
Highest education level |
|
Graduate |
1.0% |
12.0% |
156 |
2,135 |
Bachelor |
1.0% |
17.0% |
216 |
2,931 |
Associate |
2.0% |
30.0% |
460 |
5,931 |
High school |
4.0% |
37.0% |
1,229 |
10,474 |
Less than high school |
8.0% |
46.0% |
761 |
4,411 |
Current-law poverty status |
|
Above poverty |
.0% |
26.0% |
0 |
23,088 |
In poverty |
100.0% |
99.0% |
2,822 |
2,794 |
Current-law benefit type |
|
Retired worker only |
3.0% |
26.0% |
2,197 |
18,440 |
Widow(er) (includes dually entitled) |
3.0% |
35.0% |
314 |
4,361 |
Spousal (includes dually entitled) |
2.0% |
27.0% |
156 |
1,752 |
Disabled worker only |
4.0% |
36.0% |
156 |
1,328 |
|
Hispanic or Latino, any race |
Subtotal |
4.0% |
36.0% |
963 |
7,682 |
Sex |
|
Female |
5.0% |
36.0% |
507 |
3,882 |
Male |
4.0% |
36.0% |
456 |
3,800 |
Country of birth |
|
United States |
3.0% |
33.0% |
369 |
4,245 |
Other countries |
7.0% |
40.0% |
594 |
3,437 |
Age |
|
60–69 |
5.0% |
33.0% |
351 |
2,519 |
70–79 |
4.0% |
34.0% |
362 |
2,850 |
80–89 |
4.0% |
40.0% |
188 |
1,756 |
90 or older |
5.0% |
43.0% |
61 |
557 |
Marital status |
|
Married |
2.0% |
29.0% |
176 |
3,090 |
Divorced |
5.0% |
37.0% |
165 |
1,275 |
Widowed |
6.0% |
43.0% |
210 |
1,415 |
Never married |
10.0% |
45.0% |
412 |
1,902 |
Current-law poverty status |
|
Above poverty |
.0% |
33.0% |
0 |
6,728 |
In poverty |
100.0% |
99.0% |
963 |
954 |
Current-law benefit type |
|
Retired worker only |
4.0% |
35.0% |
685 |
5,364 |
Widow(er) (includes dually entitled) |
4.0% |
41.0% |
129 |
1,191 |
Spousal (includes dually entitled) |
3.0% |
32.0% |
64 |
654 |
Disabled worker only |
7.0% |
39.0% |
84 |
472 |
|
White, non-Hispanic |
Subtotal |
2.0% |
24.0% |
1,125 |
12,737 |
Sex |
|
Female |
2.0% |
26.0% |
629 |
7,045 |
Male |
2.0% |
23.0% |
495 |
5,691 |
Country of birth |
|
United States |
2.0% |
24.0% |
952 |
11,465 |
Other countries |
4.0% |
29.0% |
173 |
1,272 |
Age |
|
60–69 |
3.0% |
24.0% |
358 |
3,178 |
70–79 |
2.0% |
23.0% |
399 |
4,564 |
80–89 |
2.0% |
25.0% |
287 |
3,598 |
90 or older |
1.0% |
25.0% |
81 |
1,396 |
Marital status |
|
Married |
1.0% |
18.0% |
189 |
4,466 |
Divorced |
3.0% |
31.0% |
351 |
3,586 |
Widowed |
2.0% |
27.0% |
154 |
2,351 |
Never married |
6.0% |
34.0% |
430 |
2,334 |
Highest education level |
|
Graduate |
1.0% |
10.0% |
70 |
1,165 |
Bachelor |
1.0% |
14.0% |
74 |
1,634 |
Associate |
2.0% |
27.0% |
282 |
3,452 |
High school |
3.0% |
36.0% |
510 |
5,269 |
Less than high school |
8.0% |
51.0% |
190 |
1,217 |
Current-law poverty status |
|
Above poverty |
.0% |
23.0% |
0 |
11,616 |
In poverty |
100.0% |
100.0% |
1,125 |
1,121 |
Current-law benefit type |
|
Retired worker only |
2.0% |
22.0% |
896 |
8,959 |
Widow(er) (includes dually entitled) |
2.0% |
32.0% |
118 |
2,481 |
Spousal (includes dually entitled) |
2.0% |
25.0% |
64 |
781 |
Disabled worker only |
3.0% |
32.0% |
47 |
516 |
|
Black or African American, non-Hispanic |
Subtotal |
5.0% |
34.0% |
426 |
3,178 |
Sex |
|
Female |
4.0% |
35.0% |
203 |
1,728 |
Male |
5.0% |
34.0% |
222 |
1,451 |
Country of birth |
|
United States |
4.0% |
35.0% |
348 |
2,799 |
Other countries |
6.0% |
29.0% |
78 |
379 |
Marital status |
|
Married |
2.0% |
21.0% |
45 |
518 |
Divorced |
5.0% |
38.0% |
117 |
826 |
Widowed |
5.0% |
34.0% |
55 |
365 |
Never married |
6.0% |
41.0% |
209 |
1,468 |
Current-law poverty status |
|
Above poverty |
.0% |
31.0% |
0 |
2,766 |
In poverty |
100.0% |
97.0% |
426 |
412 |
|
All other races, non-Hispanic |
Subtotal |
3.0% |
26.0% |
309 |
2,285 |
Sex |
|
Female |
4.0% |
28.0% |
187 |
1,367 |
Male |
3.0% |
24.0% |
121 |
918 |
Country of birth |
|
United States |
3.0% |
25.0% |
102 |
757 |
Other countries |
4.0% |
26.0% |
207 |
1,527 |
Age |
|
60–69 |
5.0% |
25.0% |
100 |
561 |
70–79 |
3.0% |
24.0% |
114 |
876 |
80–89 |
3.0% |
26.0% |
61 |
555 |
90 or older |
4.0% |
34.0% |
33 |
292 |
Marital status |
|
Married |
1.0% |
19.0% |
60 |
841 |
Divorced |
6.0% |
31.0% |
53 |
292 |
Widowed |
5.0% |
33.0% |
67 |
467 |
Never married |
6.0% |
32.0% |
128 |
684 |
Highest education level |
|
Graduate |
2.0% |
16.0% |
54 |
418 |
Bachelor |
3.0% |
20.0% |
73 |
526 |
Associate |
2.0% |
35.0% |
38 |
581 |
High school |
5.0% |
37.0% |
73 |
545 |
Less than high school |
16.0% |
49.0% |
71 |
215 |
Current-law poverty status |
|
Above poverty |
.0% |
23.0% |
0 |
1,978 |
In poverty |
100.0% |
99.0% |
309 |
307 |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024. |
NOTE: Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Projected Annual Household Income Distribution and Sources in 2024
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic |
Household income (2024 $) at the— |
Mean share of household income from— |
10th %ile |
Median |
90th %ile |
Social Security |
Annuitized assets |
Defined benefit pension |
All earnings |
Coresident income |
|
All beneficiaries |
Total |
$24,456 |
$90,876 |
$312,144 |
42% |
25% |
12% |
12% |
6% |
Sex |
|
Female |
$22,800 |
$82,728 |
$297,576 |
44% |
25% |
13% |
10% |
7% |
Male |
$26,772 |
$99,888 |
$329,544 |
40% |
26% |
12% |
14% |
5% |
Race and ethnicity |
|
Hispanic or Latino, any race |
$17,676 |
$58,716 |
$224,184 |
48% |
14% |
8% |
12% |
15% |
White, non-Hispanic |
$27,612 |
$100,404 |
$339,228 |
41% |
29% |
13% |
12% |
4% |
Black or African American, non-Hispanic |
$17,100 |
$58,380 |
$205,320 |
50% |
11% |
14% |
11% |
10% |
All other races, non-Hispanic |
$23,076 |
$79,848 |
$307,860 |
42% |
23% |
10% |
13% |
9% |
Country of birth |
|
United States |
$25,716 |
$94,272 |
$317,724 |
42% |
26% |
13% |
11% |
5% |
Other countries |
$18,492 |
$69,108 |
$270,216 |
44% |
19% |
7% |
14% |
12% |
Age |
|
60–69 |
$21,540 |
$78,432 |
$259,836 |
44% |
19% |
9% |
18% |
6% |
70–79 |
$26,340 |
$102,180 |
$339,936 |
42% |
26% |
14% |
10% |
6% |
80–89 |
$27,900 |
$94,224 |
$368,664 |
41% |
33% |
15% |
4% |
6% |
90 or older |
$25,824 |
$85,296 |
$397,332 |
39% |
42% |
12% |
1% |
6% |
Marital status |
|
Married |
$41,628 |
$123,960 |
$375,168 |
38% |
27% |
13% |
15% |
5% |
Divorced |
$16,956 |
$49,860 |
$184,560 |
50% |
21% |
11% |
8% |
7% |
Widowed |
$20,304 |
$58,548 |
$227,844 |
47% |
25% |
11% |
5% |
9% |
Never married |
$12,588 |
$45,288 |
$200,484 |
50% |
21% |
10% |
8% |
8% |
Highest education level |
|
Graduate |
$51,576 |
$174,180 |
$538,164 |
29% |
36% |
19% |
13% |
3% |
Bachelor |
$33,732 |
$131,568 |
$408,540 |
35% |
33% |
14% |
13% |
4% |
Associate |
$27,120 |
$93,756 |
$285,192 |
42% |
25% |
12% |
13% |
6% |
High school |
$22,236 |
$72,360 |
$223,008 |
48% |
21% |
11% |
11% |
7% |
Less than high school |
$15,660 |
$43,620 |
$175,344 |
54% |
13% |
6% |
9% |
13% |
Current-law poverty status |
|
Above poverty |
$29,808 |
$96,936 |
$321,720 |
40% |
26% |
13% |
12% |
6% |
In poverty |
$9,120 |
$13,512 |
$21,708 |
79% |
14% |
1% |
1% |
0% |
Current-law household income quintile |
|
Highest |
$220,824 |
$312,144 |
$691,968 |
14% |
44% |
13% |
16% |
14% |
Second highest |
$123,216 |
$152,256 |
$192,936 |
25% |
30% |
16% |
18% |
9% |
Middle |
$73,944 |
$90,876 |
$110,688 |
38% |
24% |
17% |
14% |
5% |
Second lowest |
$39,864 |
$52,284 |
$65,820 |
56% |
18% |
12% |
9% |
2% |
Lowest |
$12,300 |
$24,456 |
$34,404 |
80% |
10% |
4% |
2% |
1% |
Current-law benefit type |
|
Retired worker only |
$26,256 |
$102,252 |
$332,844 |
40% |
26% |
13% |
14% |
5% |
Widow(er) (includes dually entitled) |
$20,496 |
$53,328 |
$192,900 |
51% |
23% |
10% |
5% |
9% |
Spousal (includes dually entitled) |
$34,140 |
$111,468 |
$398,940 |
41% |
30% |
14% |
8% |
5% |
Disabled worker only |
$16,932 |
$55,224 |
$191,064 |
53% |
12% |
7% |
17% |
8% |
|
Hispanic or Latino, any race |
Subtotal |
$17,676 |
$58,716 |
$224,184 |
48% |
14% |
8% |
12% |
15% |
Sex |
|
Female |
$15,888 |
$54,516 |
$223,572 |
48% |
14% |
8% |
10% |
17% |
Male |
$19,980 |
$62,172 |
$226,320 |
47% |
14% |
8% |
15% |
13% |
Country of birth |
|
United States |
$19,272 |
$66,048 |
$243,192 |
48% |
15% |
11% |
11% |
12% |
Other countries |
$16,440 |
$51,984 |
$203,712 |
48% |
12% |
5% |
13% |
17% |
Marital status |
|
Married |
$24,516 |
$73,380 |
$243,192 |
45% |
14% |
9% |
16% |
12% |
Divorced |
$14,232 |
$43,716 |
$222,336 |
49% |
14% |
8% |
7% |
17% |
Widowed |
$12,672 |
$43,428 |
$175,764 |
52% |
12% |
6% |
7% |
22% |
Never married |
$11,568 |
$28,416 |
$159,564 |
55% |
12% |
6% |
8% |
16% |
Current-law poverty status |
|
Above poverty |
$24,072 |
$69,084 |
$232,872 |
44% |
14% |
9% |
14% |
17% |
In poverty |
$8,424 |
$13,752 |
$21,288 |
79% |
12% |
1% |
1% |
0% |
Current-law household income quintile |
|
Highest |
$215,832 |
$271,560 |
$506,412 |
12% |
22% |
11% |
11% |
43% |
Second highest |
$125,880 |
$153,984 |
$191,640 |
21% |
17% |
11% |
20% |
31% |
Middle |
$73,440 |
$86,580 |
$109,992 |
32% |
15% |
14% |
20% |
15% |
Second lowest |
$39,420 |
$50,244 |
$64,476 |
51% |
14% |
7% |
15% |
9% |
Lowest |
$11,568 |
$22,020 |
$33,384 |
79% |
8% |
3% |
3% |
1% |
Current-law benefit type |
|
Retired worker only |
$19,200 |
$63,120 |
$227,868 |
46% |
14% |
9% |
14% |
14% |
Widow(er) (includes dually entitled) |
$13,368 |
$43,932 |
$186,756 |
52% |
13% |
5% |
6% |
22% |
Spousal (includes dually entitled) |
$24,072 |
$59,568 |
$256,020 |
50% |
15% |
9% |
7% |
14% |
Disabled worker only |
$17,340 |
$55,104 |
$215,628 |
46% |
10% |
6% |
17% |
15% |
|
White, non-Hispanic |
Subtotal |
$27,612 |
$100,404 |
$339,228 |
41% |
29% |
13% |
12% |
4% |
Sex |
|
Female |
$25,992 |
$91,188 |
$322,020 |
43% |
28% |
13% |
10% |
5% |
Male |
$30,648 |
$110,364 |
$354,912 |
39% |
29% |
12% |
14% |
4% |
Country of birth |
|
United States |
$28,224 |
$101,280 |
$339,984 |
41% |
29% |
13% |
12% |
4% |
Other countries |
$19,860 |
$81,612 |
$314,112 |
42% |
26% |
9% |
14% |
6% |
Age |
|
60–69 |
$24,168 |
$89,088 |
$278,964 |
42% |
22% |
10% |
19% |
4% |
70–79 |
$30,348 |
$112,740 |
$363,876 |
40% |
29% |
15% |
10% |
4% |
80–89 |
$29,976 |
$101,484 |
$398,940 |
39% |
36% |
15% |
4% |
5% |
90 or older |
$27,408 |
$89,556 |
$434,508 |
38% |
45% |
11% |
1% |
5% |
Marital status |
|
Married |
$49,584 |
$135,264 |
$399,960 |
36% |
30% |
14% |
15% |
3% |
Divorced |
$17,880 |
$51,960 |
$191,208 |
50% |
24% |
11% |
9% |
5% |
Widowed |
$23,232 |
$62,784 |
$243,360 |
45% |
29% |
12% |
5% |
7% |
Never married |
$14,148 |
$55,116 |
$217,728 |
47% |
27% |
10% |
8% |
5% |
Highest education level |
|
Graduate |
$57,120 |
$182,244 |
$554,736 |
27% |
38% |
19% |
12% |
3% |
Bachelor |
$37,188 |
$138,132 |
$422,628 |
34% |
36% |
14% |
13% |
3% |
Associate |
$29,484 |
$99,012 |
$294,348 |
41% |
28% |
12% |
13% |
4% |
High school |
$24,648 |
$78,528 |
$234,684 |
46% |
24% |
11% |
11% |
5% |
Less than high school |
$16,812 |
$43,764 |
$163,968 |
57% |
17% |
7% |
8% |
7% |
Current-law poverty status |
|
Above poverty |
$31,884 |
$104,316 |
$344,436 |
39% |
29% |
13% |
12% |
4% |
In poverty |
$9,312 |
$13,908 |
$23,676 |
77% |
17% |
1% |
1% |
0% |
Current-law household income quintile |
|
Highest |
$221,040 |
$318,072 |
$703,440 |
14% |
47% |
13% |
16% |
10% |
Second highest |
$122,916 |
$152,124 |
$193,320 |
26% |
33% |
17% |
17% |
6% |
Middle |
$74,040 |
$91,332 |
$110,964 |
38% |
26% |
16% |
14% |
3% |
Second lowest |
$40,092 |
$52,740 |
$66,024 |
57% |
20% |
12% |
7% |
1% |
Lowest |
$13,296 |
$25,356 |
$34,680 |
80% |
11% |
4% |
2% |
0% |
Current-law benefit type |
|
Retired worker only |
$30,804 |
$113,412 |
$356,148 |
38% |
29% |
13% |
14% |
4% |
Widow(er) (includes dually entitled) |
$22,500 |
$56,160 |
$198,948 |
50% |
26% |
11% |
5% |
7% |
Spousal (includes dually entitled) |
$42,096 |
$124,848 |
$433,284 |
39% |
34% |
14% |
8% |
3% |
Disabled worker only |
$17,244 |
$57,012 |
$184,032 |
54% |
13% |
6% |
17% |
5% |
|
Black or African American, non-Hispanic |
Subtotal |
$17,100 |
$58,380 |
$205,320 |
50% |
11% |
14% |
11% |
10% |
Sex |
|
Female |
$16,248 |
$52,944 |
$204,864 |
52% |
11% |
14% |
8% |
12% |
Male |
$19,320 |
$63,528 |
$205,908 |
48% |
11% |
13% |
14% |
8% |
Country of birth |
|
United States |
$17,220 |
$58,032 |
$194,856 |
51% |
11% |
15% |
10% |
10% |
Other countries |
$16,752 |
$65,088 |
$268,200 |
46% |
13% |
7% |
16% |
12% |
Marital status |
|
Married |
$31,920 |
$87,804 |
$255,672 |
46% |
13% |
15% |
17% |
6% |
Divorced |
$14,952 |
$41,292 |
$150,108 |
53% |
11% |
13% |
7% |
12% |
Widowed |
$16,404 |
$44,280 |
$161,052 |
52% |
10% |
14% |
4% |
16% |
Never married |
$11,148 |
$28,584 |
$128,772 |
57% |
8% |
10% |
7% |
12% |
Highest education level |
|
Graduate |
$34,452 |
$123,132 |
$281,076 |
38% |
18% |
23% |
15% |
5% |
Bachelor |
$24,060 |
$88,908 |
$252,432 |
42% |
16% |
20% |
13% |
6% |
Associate |
$19,764 |
$63,768 |
$199,248 |
48% |
12% |
16% |
11% |
8% |
High school |
$15,588 |
$48,096 |
$160,200 |
54% |
9% |
11% |
10% |
11% |
Less than high school |
$11,700 |
$39,540 |
$159,372 |
56% |
6% |
7% |
8% |
19% |
Current-law poverty status |
|
Above poverty |
$23,976 |
$65,748 |
$216,240 |
46% |
12% |
15% |
12% |
11% |
In poverty |
$9,132 |
$12,000 |
$17,616 |
85% |
5% |
1% |
0% |
0% |
Current-law household income quintile |
|
Highest |
$219,384 |
$276,588 |
$435,456 |
14% |
21% |
14% |
17% |
33% |
Second highest |
$122,808 |
$149,244 |
$190,380 |
23% |
14% |
21% |
21% |
19% |
Middle |
$74,016 |
$90,360 |
$110,208 |
36% |
14% |
21% |
15% |
11% |
Second lowest |
$39,540 |
$50,448 |
$64,752 |
53% |
10% |
16% |
10% |
5% |
Lowest |
$11,556 |
$22,176 |
$33,876 |
80% |
6% |
5% |
3% |
2% |
Current-law benefit type |
|
Retired worker only |
$17,088 |
$63,168 |
$215,748 |
48% |
12% |
15% |
12% |
9% |
Widow(er) (includes dually entitled) |
$17,220 |
$43,548 |
$138,660 |
55% |
9% |
11% |
5% |
16% |
Spousal (includes dually entitled) |
$26,964 |
$63,456 |
$256,464 |
53% |
11% |
20% |
6% |
8% |
Disabled worker only |
$15,648 |
$50,232 |
$182,028 |
53% |
6% |
8% |
16% |
12% |
|
All other races, non-Hispanic |
Subtotal |
$23,076 |
$79,848 |
$307,860 |
42% |
23% |
10% |
13% |
9% |
Sex |
|
Female |
$21,960 |
$77,148 |
$299,052 |
43% |
23% |
10% |
11% |
10% |
Male |
$24,624 |
$80,700 |
$335,340 |
41% |
24% |
9% |
15% |
8% |
Country of birth |
|
United States |
$23,808 |
$74,448 |
$285,252 |
45% |
22% |
12% |
10% |
8% |
Other countries |
$22,512 |
$86,112 |
$343,248 |
40% |
24% |
8% |
15% |
11% |
Highest education level |
|
Graduate |
$44,100 |
$167,304 |
$549,120 |
32% |
36% |
11% |
15% |
6% |
Bachelor |
$30,540 |
$123,648 |
$447,120 |
36% |
31% |
10% |
14% |
8% |
Associate |
$23,160 |
$80,700 |
$243,552 |
43% |
21% |
13% |
12% |
9% |
High school |
$20,664 |
$62,376 |
$218,112 |
48% |
17% |
8% |
12% |
10% |
Less than high school |
$11,976 |
$43,968 |
$174,708 |
50% |
14% |
6% |
10% |
15% |
Current-law poverty status |
|
Above poverty |
$29,076 |
$88,044 |
$317,820 |
40% |
24% |
10% |
14% |
10% |
In poverty |
$8,268 |
$13,536 |
$23,076 |
73% |
17% |
1% |
0% |
0% |
Current-law household income quintile |
|
Highest |
$222,324 |
$307,860 |
$731,376 |
13% |
35% |
10% |
18% |
23% |
Second highest |
$126,012 |
$156,672 |
$195,168 |
24% |
29% |
11% |
20% |
15% |
Middle |
$73,596 |
$90,228 |
$108,936 |
36% |
25% |
13% |
14% |
8% |
Second lowest |
$39,336 |
$52,356 |
$66,492 |
53% |
19% |
11% |
10% |
3% |
Lowest |
$11,676 |
$24,636 |
$34,332 |
75% |
12% |
4% |
3% |
1% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024. |
NOTES: %ile = percentile.
Shares of household income may not add to 100%.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Projected Annual Household Income Distribution and Sources in 2030
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic |
Household income (2024 $) at the— |
Mean share of household income from— |
10th %ile |
Median |
90th %ile |
Social Security |
Annuitized assets |
Defined benefit pension |
All earnings |
Coresident income |
|
All beneficiaries |
Total |
$24,605 |
$90,854 |
$326,642 |
43% |
26% |
10% |
12% |
6% |
Sex |
|
Female |
$23,814 |
$84,702 |
$311,373 |
44% |
26% |
11% |
10% |
7% |
Male |
$25,854 |
$99,253 |
$342,723 |
41% |
26% |
10% |
15% |
5% |
Race and ethnicity |
|
Hispanic or Latino, any race |
$19,432 |
$63,605 |
$230,626 |
48% |
15% |
6% |
13% |
15% |
White, non-Hispanic |
$28,050 |
$101,189 |
$357,066 |
41% |
30% |
11% |
12% |
4% |
Black or African American, non-Hispanic |
$18,246 |
$62,824 |
$225,245 |
50% |
13% |
12% |
12% |
10% |
All other races, non-Hispanic |
$22,867 |
$86,243 |
$355,983 |
43% |
24% |
8% |
14% |
10% |
Country of birth |
|
United States |
$26,073 |
$95,111 |
$334,906 |
42% |
27% |
11% |
12% |
5% |
Other countries |
$19,432 |
$69,548 |
$297,187 |
45% |
19% |
6% |
14% |
12% |
Age |
|
60–69 |
$21,233 |
$80,685 |
$269,043 |
43% |
18% |
8% |
21% |
7% |
70–79 |
$24,740 |
$92,248 |
$325,768 |
45% |
26% |
10% |
11% |
6% |
80–89 |
$29,414 |
$107,039 |
$415,435 |
41% |
35% |
14% |
5% |
6% |
90 or older |
$29,206 |
$95,860 |
$514,147 |
37% |
43% |
13% |
1% |
5% |
Marital status |
|
Married |
$40,238 |
$123,994 |
$395,680 |
39% |
27% |
11% |
16% |
4% |
Divorced |
$17,475 |
$52,583 |
$206,167 |
49% |
23% |
9% |
9% |
7% |
Widowed |
$20,785 |
$62,387 |
$241,326 |
46% |
26% |
10% |
6% |
10% |
Never married |
$13,583 |
$51,521 |
$217,543 |
48% |
22% |
8% |
10% |
9% |
Highest education level |
|
Graduate |
$53,155 |
$175,077 |
$590,814 |
29% |
38% |
16% |
13% |
3% |
Bachelor |
$35,908 |
$136,421 |
$434,826 |
35% |
34% |
12% |
15% |
4% |
Associate |
$26,520 |
$91,145 |
$286,529 |
43% |
25% |
10% |
13% |
6% |
High school |
$21,691 |
$70,339 |
$231,355 |
49% |
21% |
9% |
11% |
7% |
Less than high school |
$15,623 |
$44,901 |
$179,959 |
54% |
13% |
5% |
10% |
14% |
Current-law poverty status |
|
Above poverty |
$29,799 |
$97,171 |
$337,082 |
41% |
26% |
11% |
13% |
7% |
In poverty |
$9,263 |
$13,656 |
$23,106 |
78% |
15% |
1% |
1% |
0% |
Current-law household income quintile |
|
Highest |
$228,669 |
$326,642 |
$744,419 |
14% |
43% |
11% |
17% |
14% |
Second highest |
$124,618 |
$155,728 |
$198,829 |
26% |
31% |
13% |
19% |
9% |
Middle |
$74,138 |
$90,854 |
$111,993 |
38% |
25% |
14% |
15% |
5% |
Second lowest |
$40,238 |
$52,884 |
$66,509 |
57% |
19% |
10% |
9% |
2% |
Lowest |
$12,355 |
$24,605 |
$34,795 |
80% |
11% |
3% |
2% |
1% |
Current-law benefit type |
|
Retired worker only |
$26,166 |
$101,793 |
$344,888 |
41% |
27% |
11% |
14% |
6% |
Widow(er) (includes dually entitled) |
$20,796 |
$55,611 |
$202,347 |
51% |
24% |
9% |
5% |
9% |
Spousal (includes dually entitled) |
$32,151 |
$112,597 |
$444,984 |
42% |
31% |
11% |
9% |
5% |
Disabled worker only |
$18,027 |
$64,209 |
$193,177 |
51% |
12% |
6% |
19% |
8% |
|
Hispanic or Latino, any race |
Subtotal |
$19,432 |
$63,605 |
$230,626 |
48% |
15% |
6% |
13% |
15% |
Sex |
|
Female |
$18,849 |
$60,097 |
$218,532 |
48% |
14% |
7% |
11% |
16% |
Male |
$20,015 |
$68,112 |
$238,557 |
47% |
15% |
6% |
15% |
13% |
Country of birth |
|
United States |
$20,150 |
$75,585 |
$247,862 |
47% |
17% |
9% |
13% |
12% |
Other countries |
$18,891 |
$54,092 |
$209,716 |
48% |
13% |
4% |
14% |
17% |
Marital status |
|
Married |
$24,553 |
$73,597 |
$239,619 |
48% |
15% |
6% |
16% |
10% |
Divorced |
$15,154 |
$50,959 |
$224,100 |
47% |
15% |
6% |
9% |
20% |
Widowed |
$13,520 |
$47,618 |
$207,603 |
48% |
14% |
6% |
6% |
23% |
Never married |
$12,427 |
$47,212 |
$185,964 |
48% |
11% |
6% |
10% |
23% |
Current-law poverty status |
|
Above poverty |
$24,418 |
$72,722 |
$239,983 |
45% |
14% |
7% |
14% |
16% |
In poverty |
$9,690 |
$13,999 |
$23,294 |
78% |
15% |
1% |
1% |
1% |
Current-law household income quintile |
|
Highest |
$226,858 |
$290,723 |
$559,818 |
12% |
21% |
9% |
14% |
43% |
Second highest |
$124,556 |
$153,522 |
$199,776 |
21% |
17% |
8% |
22% |
30% |
Middle |
$73,888 |
$90,302 |
$110,838 |
34% |
17% |
9% |
20% |
15% |
Second lowest |
$40,124 |
$51,458 |
$65,374 |
53% |
14% |
6% |
16% |
7% |
Lowest |
$12,136 |
$23,700 |
$34,514 |
79% |
9% |
2% |
3% |
1% |
Current-law benefit type |
|
Retired worker only |
$20,702 |
$70,131 |
$233,759 |
46% |
15% |
7% |
15% |
14% |
Widow(er) (includes dually entitled) |
$14,353 |
$44,703 |
$193,177 |
51% |
14% |
5% |
6% |
21% |
Spousal (includes dually entitled) |
$23,335 |
$57,152 |
$268,918 |
52% |
15% |
5% |
8% |
12% |
Disabled worker only |
$19,307 |
$62,491 |
$213,276 |
50% |
9% |
3% |
19% |
14% |
|
White, non-Hispanic |
Subtotal |
$28,050 |
$101,189 |
$357,066 |
41% |
30% |
11% |
12% |
4% |
Sex |
|
Female |
$26,427 |
$93,362 |
$337,821 |
43% |
30% |
11% |
10% |
5% |
Male |
$30,756 |
$110,838 |
$374,697 |
39% |
30% |
11% |
15% |
4% |
Country of birth |
|
United States |
$28,748 |
$102,396 |
$359,272 |
41% |
30% |
11% |
12% |
4% |
Other countries |
$19,817 |
$81,341 |
$340,569 |
45% |
25% |
8% |
14% |
6% |
Age |
|
60–69 |
$24,043 |
$89,178 |
$286,602 |
42% |
21% |
8% |
22% |
4% |
70–79 |
$28,383 |
$103,885 |
$354,682 |
43% |
30% |
11% |
11% |
4% |
80–89 |
$32,422 |
$114,543 |
$442,819 |
39% |
38% |
14% |
5% |
4% |
90 or older |
$30,371 |
$100,481 |
$553,605 |
36% |
46% |
13% |
1% |
4% |
Marital status |
|
Married |
$49,481 |
$138,981 |
$434,024 |
37% |
31% |
12% |
16% |
3% |
Divorced |
$18,600 |
$55,122 |
$208,477 |
49% |
26% |
9% |
9% |
5% |
Widowed |
$23,991 |
$66,103 |
$251,089 |
45% |
30% |
11% |
6% |
6% |
Never married |
$14,665 |
$55,986 |
$229,929 |
47% |
27% |
9% |
10% |
4% |
Highest education level |
|
Graduate |
$57,235 |
$182,124 |
$611,527 |
28% |
40% |
16% |
13% |
3% |
Bachelor |
$40,342 |
$147,704 |
$455,684 |
34% |
36% |
12% |
14% |
3% |
Associate |
$29,289 |
$97,400 |
$296,323 |
42% |
28% |
10% |
13% |
5% |
High school |
$23,918 |
$75,554 |
$240,764 |
48% |
25% |
9% |
11% |
5% |
Less than high school |
$15,727 |
$44,079 |
$168,489 |
58% |
17% |
6% |
10% |
7% |
Current-law poverty status |
|
Above poverty |
$32,859 |
$106,341 |
$366,162 |
40% |
30% |
11% |
13% |
4% |
In poverty |
$9,347 |
$13,801 |
$23,700 |
78% |
17% |
1% |
1% |
0% |
Current-law household income quintile |
|
Highest |
$228,878 |
$335,302 |
$775,197 |
14% |
47% |
11% |
17% |
10% |
Second highest |
$124,857 |
$155,999 |
$199,152 |
27% |
35% |
14% |
19% |
5% |
Middle |
$74,325 |
$91,062 |
$112,149 |
39% |
28% |
14% |
13% |
3% |
Second lowest |
$40,322 |
$53,269 |
$66,509 |
58% |
21% |
10% |
7% |
1% |
Lowest |
$13,114 |
$25,500 |
$35,107 |
80% |
12% |
3% |
1% |
0% |
Current-law benefit type |
|
Retired worker only |
$30,434 |
$113,419 |
$374,937 |
39% |
30% |
11% |
14% |
4% |
Widow(er) (includes dually entitled) |
$23,273 |
$58,880 |
$211,485 |
51% |
27% |
9% |
5% |
6% |
Spousal (includes dually entitled) |
$40,592 |
$131,654 |
$488,730 |
39% |
35% |
12% |
8% |
3% |
Disabled worker only |
$18,870 |
$68,757 |
$196,966 |
51% |
16% |
6% |
19% |
4% |
|
Black or African American, non-Hispanic |
Subtotal |
$18,246 |
$62,824 |
$225,245 |
50% |
13% |
12% |
12% |
10% |
Sex |
|
Female |
$17,965 |
$59,837 |
$216,023 |
51% |
12% |
13% |
10% |
12% |
Male |
$18,672 |
$65,926 |
$238,380 |
48% |
13% |
11% |
14% |
8% |
Country of birth |
|
United States |
$18,360 |
$62,012 |
$215,357 |
50% |
12% |
13% |
11% |
10% |
Other countries |
$17,330 |
$69,423 |
$309,375 |
47% |
14% |
7% |
15% |
14% |
Marital status |
|
Married |
$32,026 |
$90,750 |
$267,971 |
46% |
13% |
14% |
18% |
5% |
Divorced |
$15,821 |
$43,309 |
$153,355 |
54% |
13% |
11% |
7% |
12% |
Widowed |
$16,997 |
$46,161 |
$200,931 |
51% |
13% |
12% |
5% |
16% |
Never married |
$11,616 |
$37,667 |
$190,721 |
52% |
10% |
9% |
9% |
15% |
Highest education level |
|
Graduate |
$39,468 |
$119,227 |
$324,467 |
38% |
24% |
21% |
13% |
4% |
Bachelor |
$23,856 |
$88,324 |
$246,395 |
44% |
17% |
16% |
16% |
4% |
Associate |
$19,339 |
$65,562 |
$219,406 |
50% |
13% |
13% |
12% |
8% |
High school |
$16,872 |
$54,779 |
$177,659 |
52% |
10% |
10% |
11% |
12% |
Less than high school |
$11,855 |
$36,013 |
$154,438 |
56% |
7% |
7% |
6% |
19% |
Current-law poverty status |
|
Above poverty |
$23,877 |
$69,985 |
$233,957 |
47% |
13% |
13% |
13% |
11% |
In poverty |
$8,556 |
$12,292 |
$18,277 |
81% |
8% |
1% |
1% |
0% |
Current-law household income quintile |
|
Highest |
$224,558 |
$286,820 |
$518,175 |
13% |
19% |
14% |
19% |
34% |
Second highest |
$122,130 |
$150,431 |
$196,050 |
24% |
16% |
17% |
23% |
18% |
Middle |
$74,003 |
$90,219 |
$111,243 |
37% |
15% |
17% |
17% |
11% |
Second lowest |
$39,957 |
$52,551 |
$67,102 |
54% |
12% |
13% |
10% |
5% |
Lowest |
$11,532 |
$22,773 |
$33,525 |
80% |
8% |
5% |
2% |
1% |
Current-law benefit type |
|
Retired worker only |
$18,485 |
$69,246 |
$240,722 |
48% |
14% |
13% |
13% |
9% |
Widow(er) (includes dually entitled) |
$17,319 |
$43,465 |
$176,930 |
57% |
11% |
10% |
5% |
14% |
Spousal (includes dually entitled) |
$25,792 |
$69,496 |
$275,444 |
47% |
12% |
15% |
11% |
10% |
Disabled worker only |
$16,060 |
$53,061 |
$137,951 |
53% |
7% |
8% |
15% |
11% |
|
All other races, non-Hispanic |
Subtotal |
$22,867 |
$86,243 |
$355,983 |
43% |
24% |
8% |
14% |
10% |
Sex |
|
Female |
$22,732 |
$82,381 |
$354,838 |
44% |
24% |
8% |
11% |
11% |
Male |
$22,961 |
$90,188 |
$359,532 |
41% |
24% |
7% |
18% |
8% |
Country of birth |
|
United States |
$22,898 |
$78,624 |
$296,167 |
46% |
23% |
10% |
11% |
8% |
Other countries |
$22,638 |
$92,810 |
$385,876 |
40% |
24% |
6% |
16% |
11% |
Marital status |
|
Married |
$31,724 |
$113,294 |
$422,034 |
40% |
25% |
8% |
18% |
8% |
Divorced |
$14,842 |
$50,449 |
$201,733 |
47% |
21% |
8% |
9% |
12% |
Widowed |
$18,235 |
$58,026 |
$256,595 |
47% |
23% |
9% |
6% |
13% |
Never married |
$13,104 |
$53,332 |
$274,747 |
46% |
22% |
6% |
10% |
12% |
Highest education level |
|
Graduate |
$46,442 |
$190,606 |
$672,217 |
30% |
37% |
9% |
18% |
5% |
Bachelor |
$30,371 |
$124,035 |
$415,862 |
35% |
30% |
8% |
18% |
7% |
Associate |
$23,887 |
$86,212 |
$308,449 |
43% |
22% |
10% |
12% |
10% |
High school |
$19,401 |
$61,596 |
$235,893 |
50% |
17% |
7% |
11% |
11% |
Less than high school |
$12,448 |
$40,311 |
$173,402 |
54% |
13% |
4% |
10% |
16% |
Current-law poverty status |
|
Above poverty |
$27,925 |
$94,059 |
$368,182 |
41% |
24% |
8% |
15% |
10% |
In poverty |
$7,525 |
$13,583 |
$27,967 |
70% |
20% |
2% |
1% |
0% |
Current-law household income quintile |
|
Highest |
$231,324 |
$340,631 |
$725,060 |
13% |
36% |
9% |
21% |
21% |
Second highest |
$124,368 |
$161,484 |
$198,642 |
24% |
31% |
9% |
20% |
15% |
Middle |
$74,211 |
$90,188 |
$114,813 |
37% |
23% |
10% |
18% |
10% |
Second lowest |
$40,249 |
$52,270 |
$66,842 |
56% |
20% |
9% |
11% |
2% |
Lowest |
$11,636 |
$24,366 |
$34,087 |
76% |
12% |
3% |
2% |
1% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024. |
NOTES: %ile = percentile.
Shares of household income may not add to 100%.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Projected Annual Household Income Distribution and Sources in 2050
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic |
Household income (2024 $) at the— |
Mean share of household income from— |
10th %ile |
Median |
90th %ile |
Social Security |
Annuitized assets |
Defined benefit pension |
All earnings |
Coresident income |
|
All beneficiaries |
Total |
$24,458 |
$91,595 |
$350,421 |
48% |
26% |
6% |
13% |
6% |
Sex |
|
Female |
$23,480 |
$85,021 |
$331,812 |
49% |
25% |
6% |
11% |
7% |
Male |
$26,129 |
$99,543 |
$371,647 |
46% |
26% |
5% |
14% |
6% |
Race and ethnicity |
|
Hispanic or Latino, any race |
$20,449 |
$64,889 |
$264,131 |
53% |
16% |
4% |
12% |
12% |
White, non-Hispanic |
$28,662 |
$105,236 |
$375,462 |
45% |
30% |
6% |
13% |
4% |
Black or African American, non-Hispanic |
$18,596 |
$61,074 |
$234,316 |
55% |
16% |
6% |
11% |
9% |
All other races, non-Hispanic |
$23,940 |
$115,367 |
$540,659 |
43% |
28% |
5% |
14% |
9% |
Country of birth |
|
United States |
$26,136 |
$96,129 |
$347,474 |
47% |
27% |
6% |
13% |
5% |
Other countries |
$20,358 |
$73,919 |
$364,257 |
51% |
20% |
4% |
12% |
11% |
Age |
|
60–69 |
$22,755 |
$88,622 |
$312,218 |
46% |
18% |
4% |
21% |
7% |
70–79 |
$23,947 |
$91,686 |
$343,458 |
50% |
22% |
5% |
14% |
7% |
80–89 |
$25,035 |
$86,983 |
$355,447 |
49% |
32% |
7% |
6% |
5% |
90 or older |
$31,253 |
$116,138 |
$529,136 |
38% |
48% |
8% |
2% |
4% |
Marital status |
|
Married |
$38,928 |
$125,199 |
$418,180 |
45% |
25% |
6% |
17% |
4% |
Divorced |
$19,017 |
$58,645 |
$250,606 |
51% |
25% |
5% |
10% |
7% |
Widowed |
$20,475 |
$65,686 |
$284,430 |
49% |
30% |
6% |
5% |
8% |
Never married |
$15,215 |
$57,577 |
$257,064 |
50% |
22% |
4% |
11% |
10% |
Highest education level |
|
Graduate |
$49,357 |
$189,953 |
$625,142 |
34% |
37% |
9% |
17% |
3% |
Bachelor |
$37,853 |
$144,949 |
$459,809 |
39% |
34% |
8% |
14% |
4% |
Associate |
$25,657 |
$83,084 |
$271,994 |
50% |
24% |
6% |
12% |
6% |
High school |
$20,475 |
$64,436 |
$226,433 |
54% |
20% |
4% |
11% |
7% |
Less than high school |
$15,954 |
$45,749 |
$206,852 |
59% |
12% |
2% |
9% |
14% |
Current-law poverty status |
|
Above poverty |
$29,400 |
$97,444 |
$362,113 |
46% |
26% |
6% |
13% |
7% |
In poverty |
$8,265 |
$13,725 |
$21,427 |
81% |
14% |
1% |
1% |
0% |
Current-law household income quintile |
|
Highest |
$243,792 |
$350,421 |
$760,589 |
16% |
37% |
7% |
23% |
16% |
Second highest |
$128,477 |
$162,463 |
$210,738 |
30% |
31% |
8% |
20% |
9% |
Middle |
$73,265 |
$91,595 |
$114,771 |
45% |
27% |
7% |
13% |
4% |
Second lowest |
$39,680 |
$51,300 |
$65,168 |
65% |
21% |
4% |
5% |
2% |
Lowest |
$12,624 |
$24,465 |
$34,556 |
82% |
12% |
2% |
1% |
0% |
Current-law benefit type |
|
Retired worker only |
$26,103 |
$101,013 |
$374,199 |
46% |
26% |
6% |
14% |
6% |
Widow(er) (includes dually entitled) |
$20,475 |
$55,679 |
$241,480 |
54% |
27% |
5% |
4% |
8% |
Spousal (includes dually entitled) |
$28,234 |
$95,352 |
$369,354 |
50% |
25% |
5% |
11% |
5% |
Disabled worker only |
$21,278 |
$73,686 |
$255,315 |
53% |
13% |
3% |
15% |
10% |
|
Hispanic or Latino, any race |
Subtotal |
$20,449 |
$64,889 |
$264,131 |
53% |
16% |
4% |
12% |
12% |
Sex |
|
Female |
$19,374 |
$61,735 |
$248,099 |
54% |
15% |
4% |
11% |
13% |
Male |
$21,790 |
$67,247 |
$278,484 |
53% |
17% |
4% |
13% |
11% |
Country of birth |
|
United States |
$22,094 |
$75,104 |
$272,383 |
51% |
18% |
5% |
13% |
10% |
Other countries |
$19,024 |
$55,705 |
$257,420 |
55% |
14% |
3% |
10% |
14% |
Age |
|
60–69 |
$19,691 |
$67,519 |
$248,099 |
51% |
13% |
3% |
18% |
12% |
70–79 |
$22,042 |
$66,580 |
$285,797 |
54% |
15% |
4% |
11% |
14% |
80–89 |
$19,270 |
$56,087 |
$261,041 |
57% |
20% |
5% |
5% |
11% |
90 or older |
$19,775 |
$79,029 |
$270,051 |
51% |
30% |
7% |
2% |
9% |
Marital status |
|
Married |
$28,882 |
$78,660 |
$293,434 |
53% |
16% |
4% |
15% |
9% |
Divorced |
$16,828 |
$52,110 |
$227,197 |
52% |
16% |
4% |
9% |
16% |
Widowed |
$15,494 |
$40,755 |
$214,217 |
56% |
17% |
4% |
5% |
17% |
Never married |
$13,356 |
$47,725 |
$222,812 |
50% |
16% |
3% |
10% |
19% |
Highest education level |
|
Graduate |
$30,087 |
$115,717 |
$403,535 |
43% |
26% |
7% |
18% |
4% |
Bachelor |
$25,326 |
$96,265 |
$373,597 |
45% |
24% |
7% |
15% |
7% |
Associate |
$24,270 |
$85,254 |
$291,102 |
50% |
19% |
5% |
13% |
11% |
High school |
$19,691 |
$61,774 |
$224,956 |
55% |
15% |
3% |
12% |
12% |
Less than high school |
$17,864 |
$48,010 |
$221,905 |
58% |
11% |
2% |
9% |
17% |
Current-law poverty status |
|
Above poverty |
$25,533 |
$71,827 |
$276,016 |
51% |
16% |
4% |
12% |
13% |
In poverty |
$9,399 |
$14,023 |
$21,310 |
81% |
13% |
1% |
1% |
0% |
Current-law household income quintile |
|
Highest |
$243,805 |
$336,637 |
$612,835 |
14% |
18% |
4% |
21% |
42% |
Second highest |
$126,637 |
$160,572 |
$210,130 |
26% |
19% |
6% |
23% |
25% |
Middle |
$72,954 |
$89,814 |
$113,378 |
42% |
19% |
6% |
18% |
11% |
Second lowest |
$39,116 |
$50,212 |
$64,747 |
66% |
16% |
3% |
7% |
4% |
Lowest |
$12,851 |
$24,160 |
$34,446 |
82% |
11% |
1% |
1% |
1% |
Current-law benefit type |
|
Retired worker only |
$21,310 |
$71,548 |
$285,797 |
52% |
17% |
4% |
13% |
12% |
Widow(er) (includes dually entitled) |
$15,856 |
$40,755 |
$201,677 |
59% |
16% |
2% |
3% |
18% |
Spousal (includes dually entitled) |
$25,864 |
$57,130 |
$256,209 |
57% |
15% |
4% |
9% |
9% |
Disabled worker only |
$21,038 |
$69,242 |
$216,995 |
52% |
11% |
2% |
14% |
15% |
|
White, non-Hispanic |
Subtotal |
$28,662 |
$105,236 |
$375,462 |
45% |
30% |
6% |
13% |
4% |
Sex |
|
Female |
$26,686 |
$96,745 |
$351,865 |
47% |
30% |
6% |
11% |
4% |
Male |
$31,965 |
$114,518 |
$398,729 |
43% |
30% |
6% |
15% |
3% |
Country of birth |
|
United States |
$29,614 |
$107,005 |
$375,151 |
45% |
30% |
6% |
13% |
4% |
Other countries |
$21,265 |
$84,801 |
$383,203 |
50% |
26% |
5% |
12% |
5% |
Age |
|
60–69 |
$26,181 |
$101,091 |
$334,396 |
44% |
20% |
5% |
23% |
4% |
70–79 |
$27,613 |
$106,499 |
$360,662 |
48% |
25% |
6% |
15% |
4% |
80–89 |
$29,368 |
$99,174 |
$366,724 |
46% |
36% |
7% |
6% |
3% |
90 or older |
$35,165 |
$130,485 |
$575,882 |
36% |
52% |
8% |
2% |
3% |
Marital status |
|
Married |
$48,657 |
$141,710 |
$442,101 |
43% |
29% |
7% |
17% |
3% |
Divorced |
$20,501 |
$64,099 |
$262,272 |
50% |
28% |
5% |
10% |
5% |
Widowed |
$24,763 |
$73,938 |
$305,333 |
46% |
35% |
7% |
6% |
5% |
Never married |
$16,614 |
$64,119 |
$273,283 |
48% |
29% |
5% |
12% |
4% |
Highest education level |
|
Graduate |
$56,586 |
$198,412 |
$622,137 |
32% |
39% |
9% |
16% |
3% |
Bachelor |
$44,583 |
$158,441 |
$471,196 |
37% |
37% |
8% |
14% |
3% |
Associate |
$27,826 |
$89,244 |
$272,227 |
49% |
27% |
6% |
13% |
4% |
High school |
$22,534 |
$69,637 |
$229,192 |
53% |
24% |
4% |
12% |
4% |
Less than high school |
$14,749 |
$42,154 |
$164,931 |
62% |
14% |
2% |
10% |
7% |
Current-law poverty status |
|
Above poverty |
$33,151 |
$110,224 |
$381,706 |
44% |
30% |
6% |
14% |
4% |
In poverty |
$8,433 |
$13,848 |
$22,832 |
81% |
16% |
1% |
0% |
0% |
Current-law household income quintile |
|
Highest |
$243,449 |
$350,764 |
$764,825 |
16% |
42% |
8% |
23% |
10% |
Second highest |
$128,840 |
$163,467 |
$211,419 |
31% |
35% |
8% |
20% |
4% |
Middle |
$73,316 |
$92,612 |
$115,270 |
46% |
30% |
7% |
12% |
2% |
Second lowest |
$39,952 |
$51,682 |
$65,401 |
65% |
23% |
5% |
5% |
0% |
Lowest |
$12,974 |
$25,287 |
$34,822 |
83% |
13% |
2% |
1% |
0% |
Current-law benefit type |
|
Retired worker only |
$31,518 |
$116,934 |
$397,595 |
43% |
30% |
7% |
15% |
3% |
Widow(er) (includes dually entitled) |
$23,480 |
$61,592 |
$256,747 |
53% |
31% |
5% |
4% |
5% |
Spousal (includes dually entitled) |
$31,078 |
$118,495 |
$399,655 |
48% |
30% |
5% |
11% |
3% |
Disabled worker only |
$24,484 |
$84,341 |
$273,154 |
52% |
15% |
4% |
18% |
6% |
|
Black or African American, non-Hispanic |
Subtotal |
$18,596 |
$61,074 |
$234,316 |
55% |
16% |
6% |
11% |
9% |
Sex |
|
Female |
$19,484 |
$57,026 |
$218,472 |
56% |
15% |
6% |
10% |
11% |
Male |
$17,301 |
$67,474 |
$246,571 |
53% |
17% |
6% |
12% |
7% |
Country of birth |
|
United States |
$18,810 |
$60,524 |
$234,743 |
54% |
16% |
7% |
11% |
9% |
Other countries |
$17,806 |
$69,741 |
$230,449 |
55% |
17% |
5% |
10% |
11% |
Age |
|
60–69 |
$17,936 |
$61,716 |
$236,570 |
51% |
12% |
4% |
16% |
12% |
70–79 |
$17,851 |
$61,320 |
$234,316 |
57% |
15% |
6% |
12% |
8% |
80–89 |
$20,002 |
$60,977 |
$229,270 |
56% |
20% |
9% |
5% |
8% |
90 or older |
$21,783 |
$59,248 |
$224,619 |
52% |
31% |
11% |
2% |
4% |
Marital status |
|
Married |
$33,811 |
$92,198 |
$286,516 |
52% |
17% |
8% |
16% |
4% |
Divorced |
$17,281 |
$44,797 |
$184,026 |
58% |
16% |
5% |
9% |
8% |
Widowed |
$17,197 |
$50,516 |
$209,922 |
54% |
19% |
8% |
4% |
11% |
Never married |
$14,522 |
$47,958 |
$204,442 |
54% |
14% |
4% |
9% |
15% |
Highest education level |
|
Graduate |
$43,871 |
$134,961 |
$373,739 |
39% |
27% |
12% |
16% |
4% |
Bachelor |
$29,213 |
$88,797 |
$279,754 |
48% |
22% |
8% |
15% |
4% |
Associate |
$19,957 |
$54,480 |
$198,049 |
58% |
15% |
7% |
10% |
7% |
High school |
$15,876 |
$47,407 |
$194,312 |
59% |
12% |
4% |
9% |
11% |
Less than high school |
$12,138 |
$51,177 |
$208,232 |
54% |
9% |
3% |
8% |
22% |
Current-law poverty status |
|
Above poverty |
$23,785 |
$68,024 |
$241,564 |
52% |
17% |
7% |
12% |
10% |
In poverty |
$7,164 |
$12,819 |
$17,851 |
85% |
8% |
1% |
1% |
0% |
Current-law household income quintile |
|
Highest |
$238,390 |
$310,689 |
$544,390 |
15% |
20% |
8% |
24% |
33% |
Second highest |
$127,130 |
$158,927 |
$208,232 |
27% |
20% |
10% |
24% |
18% |
Middle |
$74,139 |
$89,270 |
$114,771 |
43% |
21% |
9% |
14% |
9% |
Second lowest |
$39,926 |
$51,682 |
$64,922 |
62% |
17% |
7% |
6% |
3% |
Lowest |
$11,970 |
$23,279 |
$33,980 |
84% |
9% |
2% |
1% |
1% |
Current-law benefit type |
|
Retired worker only |
$18,447 |
$65,874 |
$242,794 |
53% |
17% |
7% |
12% |
8% |
Widow(er) (includes dually entitled) |
$17,806 |
$44,577 |
$191,352 |
60% |
17% |
6% |
4% |
11% |
Spousal (includes dually entitled) |
$21,738 |
$66,969 |
$202,506 |
58% |
17% |
5% |
10% |
4% |
Disabled worker only |
$19,931 |
$49,363 |
$222,702 |
59% |
9% |
3% |
8% |
16% |
|
All other races, non-Hispanic |
Subtotal |
$23,940 |
$115,367 |
$540,659 |
43% |
28% |
5% |
14% |
9% |
Sex |
|
Female |
$21,796 |
$99,381 |
$535,432 |
45% |
27% |
5% |
12% |
10% |
Male |
$26,311 |
$135,667 |
$555,472 |
41% |
28% |
5% |
15% |
8% |
Country of birth |
|
United States |
$23,823 |
$90,326 |
$419,670 |
46% |
28% |
6% |
12% |
6% |
Other countries |
$23,992 |
$134,073 |
$573,058 |
42% |
27% |
4% |
15% |
10% |
Age |
|
60–69 |
$24,128 |
$119,512 |
$597,044 |
38% |
21% |
4% |
24% |
11% |
70–79 |
$23,098 |
$119,681 |
$528,235 |
45% |
25% |
5% |
15% |
9% |
80–89 |
$23,150 |
$104,427 |
$516,855 |
46% |
33% |
5% |
6% |
8% |
90 or older |
$37,322 |
$114,564 |
$648,991 |
39% |
45% |
6% |
3% |
8% |
Marital status |
|
Married |
$37,937 |
$162,224 |
$648,272 |
40% |
28% |
5% |
18% |
7% |
Divorced |
$16,867 |
$57,907 |
$300,617 |
49% |
26% |
4% |
9% |
10% |
Widowed |
$16,996 |
$70,188 |
$390,671 |
47% |
29% |
5% |
5% |
12% |
Never married |
$16,634 |
$73,012 |
$419,670 |
46% |
24% |
3% |
14% |
12% |
Highest education level |
|
Graduate |
$44,084 |
$231,569 |
$816,824 |
33% |
36% |
6% |
18% |
5% |
Bachelor |
$30,754 |
$142,740 |
$561,496 |
40% |
32% |
5% |
14% |
8% |
Associate |
$23,577 |
$77,986 |
$333,101 |
48% |
21% |
4% |
13% |
11% |
High school |
$19,056 |
$69,903 |
$281,166 |
52% |
20% |
4% |
9% |
12% |
Less than high school |
$11,290 |
$32,730 |
$178,540 |
62% |
13% |
2% |
8% |
13% |
Current-law poverty status |
|
Above poverty |
$30,217 |
$128,768 |
$555,472 |
41% |
28% |
5% |
14% |
9% |
In poverty |
$9,509 |
$13,317 |
$21,505 |
79% |
16% |
1% |
1% |
0% |
Current-law household income quintile |
|
Highest |
$251,234 |
$400,257 |
$894,468 |
16% |
36% |
6% |
23% |
19% |
Second highest |
$131,100 |
$165,158 |
$211,470 |
31% |
34% |
6% |
19% |
9% |
Middle |
$72,280 |
$90,378 |
$114,564 |
45% |
29% |
6% |
12% |
7% |
Second lowest |
$39,272 |
$50,076 |
$64,967 |
64% |
22% |
4% |
7% |
2% |
Lowest |
$11,510 |
$23,344 |
$34,278 |
80% |
13% |
2% |
1% |
0% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024. |
NOTES: %ile = percentile.
Shares of household income may not add to 100%.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Projected Annual Household Income Distribution and Sources in 2070
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic |
Household income (2024 $) at the— |
Mean share of household income from— |
10th %ile |
Median |
90th %ile |
Social Security |
Annuitized assets |
Defined benefit pension |
All earnings |
Coresident income |
|
All beneficiaries |
Total |
$27,708 |
$99,274 |
$402,225 |
50% |
24% |
4% |
13% |
7% |
Sex |
|
Female |
$26,728 |
$92,688 |
$384,949 |
52% |
23% |
4% |
12% |
7% |
Male |
$29,256 |
$107,538 |
$420,601 |
48% |
25% |
4% |
14% |
6% |
Race and ethnicity |
|
Hispanic or Latino, any race |
$23,544 |
$73,840 |
$295,417 |
56% |
16% |
3% |
12% |
11% |
White, non-Hispanic |
$32,577 |
$114,112 |
$426,591 |
48% |
28% |
5% |
13% |
4% |
Black or African American, non-Hispanic |
$21,730 |
$72,042 |
$292,793 |
56% |
16% |
4% |
11% |
10% |
All other races, non-Hispanic |
$28,345 |
$138,599 |
$632,057 |
44% |
27% |
3% |
15% |
10% |
Country of birth |
|
United States |
$29,380 |
$102,979 |
$394,309 |
50% |
25% |
4% |
13% |
6% |
Other countries |
$23,109 |
$85,816 |
$435,491 |
52% |
20% |
3% |
12% |
11% |
Age |
|
60–69 |
$27,200 |
$103,192 |
$369,326 |
48% |
17% |
4% |
21% |
8% |
70–79 |
$27,486 |
$98,335 |
$411,081 |
52% |
21% |
4% |
13% |
7% |
80–89 |
$27,792 |
$93,905 |
$406,240 |
52% |
29% |
4% |
7% |
6% |
90 or older |
$30,171 |
$106,989 |
$468,487 |
46% |
42% |
4% |
3% |
4% |
Marital status |
|
Married |
$45,532 |
$141,747 |
$476,488 |
48% |
23% |
5% |
18% |
5% |
Divorced |
$23,951 |
$70,156 |
$309,730 |
53% |
23% |
4% |
10% |
9% |
Widowed |
$23,145 |
$72,413 |
$319,493 |
53% |
28% |
4% |
6% |
8% |
Never married |
$19,364 |
$66,411 |
$336,974 |
52% |
23% |
3% |
10% |
9% |
Highest education level |
|
Graduate |
$50,175 |
$191,322 |
$628,228 |
39% |
33% |
6% |
17% |
3% |
Bachelor |
$41,489 |
$149,180 |
$549,841 |
42% |
32% |
6% |
14% |
4% |
Associate |
$28,901 |
$87,089 |
$303,217 |
53% |
22% |
4% |
12% |
7% |
High school |
$23,677 |
$71,724 |
$263,271 |
57% |
18% |
3% |
11% |
8% |
Less than high school |
$18,429 |
$53,529 |
$243,037 |
60% |
12% |
2% |
9% |
14% |
Current-law poverty status |
|
Above poverty |
$31,311 |
$103,878 |
$410,270 |
49% |
24% |
4% |
13% |
7% |
In poverty |
$7,683 |
$13,277 |
$20,569 |
82% |
14% |
0% |
0% |
0% |
Current-law household income quintile |
|
Highest |
$277,625 |
$402,261 |
$835,652 |
17% |
32% |
6% |
26% |
18% |
Second highest |
$141,340 |
$180,777 |
$239,038 |
32% |
28% |
6% |
22% |
10% |
Middle |
$79,120 |
$99,274 |
$125,104 |
50% |
27% |
5% |
12% |
4% |
Second lowest |
$44,173 |
$56,346 |
$70,906 |
69% |
21% |
3% |
4% |
2% |
Lowest |
$14,184 |
$27,708 |
$38,534 |
84% |
12% |
1% |
1% |
0% |
Current-law benefit type |
|
Retired worker only |
$28,881 |
$110,202 |
$433,738 |
48% |
25% |
4% |
15% |
6% |
Widow(er) (includes dually entitled) |
$23,181 |
$60,494 |
$244,258 |
59% |
24% |
3% |
4% |
8% |
Spousal (includes dually entitled) |
$33,238 |
$104,535 |
$401,471 |
54% |
22% |
4% |
11% |
6% |
Disabled worker only |
$26,434 |
$75,763 |
$273,969 |
56% |
12% |
3% |
14% |
10% |
|
Hispanic or Latino, any race |
Subtotal |
$23,544 |
$73,840 |
$295,417 |
56% |
16% |
3% |
12% |
11% |
Sex |
|
Female |
$23,004 |
$72,663 |
$286,662 |
57% |
15% |
3% |
11% |
11% |
Male |
$24,076 |
$75,166 |
$304,212 |
54% |
17% |
3% |
12% |
10% |
Country of birth |
|
United States |
$25,495 |
$80,418 |
$288,351 |
55% |
17% |
4% |
13% |
9% |
Other countries |
$20,622 |
$64,473 |
$307,231 |
57% |
14% |
2% |
10% |
13% |
Age |
|
60–69 |
$24,290 |
$81,793 |
$292,857 |
51% |
12% |
3% |
18% |
11% |
70–79 |
$23,616 |
$73,755 |
$313,769 |
57% |
15% |
3% |
10% |
12% |
80–89 |
$22,589 |
$64,078 |
$276,682 |
60% |
21% |
3% |
5% |
9% |
90 or older |
$22,190 |
$67,032 |
$225,269 |
58% |
29% |
4% |
2% |
7% |
Marital status |
|
Married |
$36,870 |
$96,529 |
$326,059 |
55% |
16% |
3% |
16% |
7% |
Divorced |
$21,432 |
$60,518 |
$268,100 |
55% |
16% |
3% |
9% |
14% |
Widowed |
$18,010 |
$47,862 |
$232,956 |
59% |
17% |
3% |
4% |
15% |
Never married |
$16,522 |
$49,845 |
$273,747 |
56% |
16% |
2% |
9% |
14% |
Highest education level |
|
Graduate |
$39,195 |
$129,558 |
$444,968 |
45% |
25% |
6% |
18% |
4% |
Bachelor |
$25,729 |
$102,624 |
$442,444 |
49% |
24% |
5% |
14% |
6% |
Associate |
$27,607 |
$83,756 |
$286,263 |
55% |
18% |
4% |
12% |
10% |
High school |
$22,996 |
$69,797 |
$265,605 |
57% |
15% |
3% |
11% |
10% |
Less than high school |
$19,936 |
$56,600 |
$259,809 |
59% |
11% |
2% |
9% |
16% |
Current-law poverty status |
|
Above poverty |
$27,176 |
$78,367 |
$302,104 |
54% |
16% |
3% |
12% |
11% |
In poverty |
$8,005 |
$13,487 |
$19,969 |
82% |
13% |
0% |
1% |
0% |
Current-law household income quintile |
|
Highest |
$273,941 |
$371,700 |
$675,634 |
15% |
17% |
4% |
22% |
42% |
Second highest |
$140,195 |
$176,775 |
$235,261 |
29% |
19% |
5% |
25% |
20% |
Middle |
$78,814 |
$97,440 |
$124,600 |
48% |
20% |
4% |
15% |
8% |
Second lowest |
$43,835 |
$55,609 |
$70,607 |
70% |
17% |
3% |
5% |
2% |
Lowest |
$13,842 |
$26,938 |
$38,434 |
85% |
11% |
1% |
1% |
0% |
Current-law benefit type |
|
Retired worker only |
$23,963 |
$79,693 |
$310,964 |
54% |
17% |
3% |
13% |
10% |
Widow(er) (includes dually entitled) |
$19,686 |
$46,753 |
$204,398 |
63% |
15% |
2% |
4% |
14% |
Spousal (includes dually entitled) |
$30,259 |
$81,998 |
$309,597 |
58% |
15% |
3% |
10% |
9% |
Disabled worker only |
$22,419 |
$71,672 |
$263,957 |
57% |
10% |
2% |
13% |
11% |
|
White, non-Hispanic |
Subtotal |
$32,577 |
$114,112 |
$426,591 |
48% |
28% |
5% |
13% |
4% |
Sex |
|
Female |
$30,719 |
$104,587 |
$401,137 |
51% |
27% |
5% |
12% |
4% |
Male |
$35,519 |
$123,790 |
$451,768 |
46% |
29% |
5% |
15% |
4% |
Country of birth |
|
United States |
$33,431 |
$115,402 |
$424,689 |
48% |
28% |
5% |
13% |
4% |
Other countries |
$24,261 |
$95,981 |
$445,068 |
51% |
25% |
3% |
13% |
6% |
Age |
|
60–69 |
$32,758 |
$120,626 |
$400,778 |
45% |
20% |
4% |
23% |
5% |
70–79 |
$32,125 |
$113,878 |
$426,684 |
50% |
24% |
5% |
15% |
4% |
80–89 |
$31,851 |
$104,789 |
$416,091 |
50% |
33% |
5% |
7% |
4% |
90 or older |
$36,309 |
$121,911 |
$510,343 |
43% |
46% |
5% |
3% |
3% |
Marital status |
|
Married |
$52,928 |
$161,454 |
$501,641 |
46% |
26% |
5% |
18% |
3% |
Divorced |
$26,224 |
$76,650 |
$322,391 |
52% |
27% |
4% |
10% |
6% |
Widowed |
$28,135 |
$81,329 |
$324,943 |
51% |
33% |
5% |
6% |
4% |
Never married |
$20,976 |
$77,016 |
$338,752 |
50% |
29% |
4% |
12% |
4% |
Highest education level |
|
Graduate |
$58,039 |
$204,208 |
$620,630 |
37% |
35% |
7% |
17% |
3% |
Bachelor |
$49,059 |
$160,510 |
$554,363 |
41% |
35% |
6% |
14% |
3% |
Associate |
$31,597 |
$92,825 |
$305,172 |
52% |
25% |
4% |
13% |
4% |
High school |
$26,406 |
$74,610 |
$255,879 |
57% |
21% |
3% |
11% |
5% |
Less than high school |
$17,917 |
$49,164 |
$179,608 |
66% |
16% |
2% |
9% |
5% |
Current-law poverty status |
|
Above poverty |
$35,439 |
$117,417 |
$430,783 |
48% |
28% |
5% |
14% |
4% |
In poverty |
$7,570 |
$13,435 |
$22,649 |
82% |
16% |
0% |
0% |
0% |
Current-law household income quintile |
|
Highest |
$277,657 |
$401,080 |
$843,174 |
18% |
37% |
7% |
27% |
11% |
Second highest |
$141,618 |
$181,998 |
$239,586 |
33% |
32% |
7% |
21% |
5% |
Middle |
$79,201 |
$99,895 |
$125,479 |
51% |
30% |
5% |
10% |
2% |
Second lowest |
$44,431 |
$57,044 |
$71,164 |
69% |
23% |
3% |
3% |
1% |
Lowest |
$15,365 |
$28,905 |
$38,813 |
84% |
13% |
1% |
1% |
0% |
Current-law benefit type |
|
Retired worker only |
$34,604 |
$126,898 |
$455,548 |
46% |
28% |
5% |
15% |
4% |
Widow(er) (includes dually entitled) |
$26,543 |
$66,436 |
$248,503 |
57% |
28% |
3% |
4% |
5% |
Spousal (includes dually entitled) |
$38,337 |
$123,395 |
$444,593 |
52% |
27% |
4% |
12% |
4% |
Disabled worker only |
$30,388 |
$85,687 |
$280,676 |
56% |
15% |
3% |
16% |
6% |
|
Black or African American, non-Hispanic |
Subtotal |
$21,730 |
$72,042 |
$292,793 |
56% |
16% |
4% |
11% |
10% |
Sex |
|
Female |
$22,343 |
$67,544 |
$290,528 |
57% |
15% |
4% |
10% |
13% |
Male |
$20,859 |
$76,956 |
$300,435 |
55% |
18% |
4% |
11% |
8% |
Country of birth |
|
United States |
$21,984 |
$70,007 |
$290,653 |
56% |
17% |
4% |
11% |
10% |
Other countries |
$20,896 |
$80,850 |
$317,195 |
56% |
14% |
3% |
10% |
13% |
Age |
|
60–69 |
$22,452 |
$72,587 |
$293,635 |
52% |
11% |
3% |
16% |
13% |
70–79 |
$20,859 |
$67,205 |
$299,996 |
59% |
15% |
4% |
11% |
10% |
80–89 |
$21,706 |
$72,957 |
$291,439 |
57% |
21% |
4% |
6% |
10% |
90 or older |
$23,741 |
$82,901 |
$263,231 |
54% |
31% |
6% |
2% |
6% |
Marital status |
|
Married |
$40,655 |
$123,225 |
$361,216 |
54% |
16% |
5% |
17% |
5% |
Divorced |
$21,327 |
$56,423 |
$267,588 |
58% |
17% |
3% |
8% |
10% |
Widowed |
$19,142 |
$67,770 |
$301,971 |
55% |
20% |
5% |
5% |
12% |
Never married |
$19,408 |
$54,517 |
$254,037 |
57% |
15% |
3% |
9% |
14% |
Highest education level |
|
Graduate |
$39,776 |
$126,450 |
$381,434 |
48% |
27% |
6% |
13% |
5% |
Bachelor |
$33,472 |
$105,603 |
$347,837 |
51% |
22% |
7% |
15% |
4% |
Associate |
$22,270 |
$59,353 |
$237,337 |
59% |
15% |
3% |
10% |
10% |
High school |
$19,017 |
$55,097 |
$243,654 |
60% |
12% |
3% |
9% |
12% |
Less than high school |
$13,350 |
$45,629 |
$273,227 |
56% |
8% |
1% |
7% |
25% |
Current-law poverty status |
|
Above poverty |
$25,180 |
$76,376 |
$301,040 |
55% |
17% |
4% |
11% |
11% |
In poverty |
$6,365 |
$12,600 |
$16,780 |
87% |
10% |
0% |
0% |
0% |
Current-law household income quintile |
|
Highest |
$275,223 |
$368,052 |
$662,514 |
15% |
17% |
5% |
26% |
36% |
Second highest |
$140,804 |
$179,241 |
$237,752 |
29% |
21% |
7% |
21% |
20% |
Middle |
$78,802 |
$99,093 |
$124,415 |
46% |
22% |
5% |
13% |
9% |
Second lowest |
$43,819 |
$55,500 |
$70,676 |
67% |
18% |
3% |
4% |
4% |
Lowest |
$13,689 |
$26,539 |
$38,047 |
86% |
9% |
1% |
1% |
0% |
Current-law benefit type |
|
Retired worker only |
$21,524 |
$74,703 |
$306,155 |
55% |
17% |
4% |
12% |
10% |
Widow(er) (includes dually entitled) |
$20,069 |
$52,751 |
$240,344 |
60% |
18% |
3% |
3% |
12% |
Spousal (includes dually entitled) |
$30,819 |
$83,151 |
$263,001 |
65% |
15% |
4% |
9% |
4% |
Disabled worker only |
$24,894 |
$60,103 |
$266,972 |
58% |
8% |
2% |
10% |
15% |
|
All other races, non-Hispanic |
Subtotal |
$28,345 |
$138,599 |
$632,057 |
44% |
27% |
3% |
15% |
10% |
Sex |
|
Female |
$25,721 |
$120,557 |
$633,649 |
46% |
25% |
3% |
14% |
10% |
Male |
$33,061 |
$157,378 |
$632,057 |
42% |
29% |
3% |
16% |
9% |
Country of birth |
|
United States |
$28,095 |
$131,456 |
$638,381 |
44% |
28% |
4% |
15% |
7% |
Other countries |
$28,345 |
$142,376 |
$625,793 |
44% |
26% |
3% |
14% |
11% |
Age |
|
60–69 |
$27,671 |
$143,428 |
$549,784 |
42% |
20% |
3% |
22% |
11% |
70–79 |
$29,171 |
$137,978 |
$625,793 |
45% |
24% |
3% |
16% |
10% |
80–89 |
$27,740 |
$134,729 |
$757,616 |
45% |
32% |
4% |
9% |
10% |
90 or older |
$27,833 |
$145,608 |
$636,926 |
44% |
44% |
3% |
3% |
6% |
Marital status |
|
Married |
$45,318 |
$190,443 |
$745,741 |
42% |
26% |
4% |
19% |
7% |
Divorced |
$19,888 |
$91,007 |
$429,715 |
47% |
23% |
2% |
10% |
16% |
Widowed |
$22,194 |
$78,786 |
$459,873 |
49% |
28% |
3% |
9% |
10% |
Never married |
$21,331 |
$99,960 |
$643,617 |
44% |
29% |
3% |
12% |
11% |
Highest education level |
|
Graduate |
$39,292 |
$244,020 |
$905,409 |
37% |
33% |
5% |
19% |
6% |
Bachelor |
$34,044 |
$167,830 |
$656,689 |
41% |
30% |
4% |
16% |
8% |
Associate |
$26,849 |
$86,787 |
$413,556 |
49% |
20% |
3% |
13% |
14% |
High school |
$22,742 |
$84,344 |
$419,614 |
51% |
22% |
2% |
10% |
12% |
Less than high school |
$11,685 |
$47,745 |
$293,228 |
58% |
12% |
1% |
7% |
19% |
Current-law poverty status |
|
Above poverty |
$33,048 |
$149,385 |
$638,381 |
43% |
27% |
3% |
15% |
10% |
In poverty |
$8,529 |
$13,177 |
$21,347 |
79% |
16% |
1% |
0% |
0% |
Current-law household income quintile |
|
Highest |
$286,751 |
$470,962 |
$1,039,022 |
16% |
35% |
5% |
25% |
19% |
Second highest |
$142,069 |
$182,611 |
$241,078 |
32% |
31% |
4% |
21% |
11% |
Middle |
$79,338 |
$99,500 |
$123,955 |
50% |
27% |
4% |
13% |
5% |
Second lowest |
$44,141 |
$55,391 |
$69,624 |
68% |
22% |
2% |
4% |
2% |
Lowest |
$12,943 |
$27,067 |
$37,700 |
82% |
14% |
1% |
1% |
0% |
Current-law benefit type |
|
Retired worker only |
$29,513 |
$160,897 |
$680,354 |
42% |
28% |
4% |
16% |
10% |
Widow(er) (includes dually entitled) |
$20,916 |
$56,858 |
$327,317 |
57% |
26% |
1% |
5% |
9% |
Spousal (includes dually entitled) |
$34,363 |
$117,727 |
$514,692 |
50% |
23% |
2% |
14% |
7% |
Disabled worker only |
$30,021 |
$78,077 |
$324,003 |
53% |
14% |
1% |
12% |
18% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024. |
NOTES: %ile = percentile.
Shares of household income may not add to 100%.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Projected Total Earnings Distribution in 2024
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic |
Individual earnings (2024 $) at the— |
10th percentile |
Median |
90th percentile |
|
All beneficiaries |
Total |
$0 |
$0 |
$37,877 |
Sex |
|
Female |
$0 |
$0 |
$27,626 |
Male |
$0 |
$0 |
$52,502 |
Race and ethnicity |
|
Hispanic or Latino, any race |
$0 |
$0 |
$26,721 |
White, non-Hispanic |
$0 |
$0 |
$41,705 |
Black or African American, non-Hispanic |
$0 |
$0 |
$25,914 |
All other races, non-Hispanic |
$0 |
$0 |
$38,022 |
Country of birth |
|
United States |
$0 |
$0 |
$38,831 |
Other countries |
$0 |
$0 |
$33,024 |
Age |
|
60–69 |
$0 |
$0 |
$38,114 |
70–79 |
$0 |
$0 |
$48,429 |
80–89 |
$0 |
$0 |
$686 |
90 or older |
$0 |
$0 |
$0 |
Marital status |
|
Married |
$0 |
$0 |
$44,026 |
Divorced |
$0 |
$0 |
$38,588 |
Widowed |
$0 |
$0 |
$19,975 |
Never married |
$0 |
$0 |
$32,242 |
Highest education level |
|
Graduate |
$0 |
$0 |
$83,496 |
Bachelor |
$0 |
$0 |
$58,346 |
Associate |
$0 |
$0 |
$37,840 |
High school |
$0 |
$0 |
$26,555 |
Less than high school |
$0 |
$0 |
$11,827 |
Current-law poverty status |
|
Above poverty |
$0 |
$0 |
$39,997 |
In poverty |
$0 |
$0 |
$0 |
Current-law household income quintile |
|
Highest |
$0 |
$0 |
$104,310 |
Second highest |
$0 |
$0 |
$57,003 |
Middle |
$0 |
$0 |
$30,682 |
Second lowest |
$0 |
$0 |
$11,492 |
Lowest |
$0 |
$0 |
$0 |
Current-law benefit type |
|
Retired worker only |
$0 |
$0 |
$50,728 |
Widow(er) (includes dually entitled) |
$0 |
$0 |
$15,208 |
Spousal (includes dually entitled) |
$0 |
$0 |
$0 |
Disabled worker only |
$0 |
$0 |
$6,559 |
|
Hispanic or Latino, any race |
Subtotal |
$0 |
$0 |
$26,721 |
Sex |
|
Female |
$0 |
$0 |
$19,591 |
Male |
$0 |
$0 |
$30,718 |
Country of birth |
|
United States |
$0 |
$0 |
$29,208 |
Other countries |
$0 |
$0 |
$24,246 |
Marital status |
|
Married |
$0 |
$0 |
$27,897 |
Divorced |
$0 |
$0 |
$30,197 |
Widowed |
$0 |
$0 |
$23,057 |
Never married |
$0 |
$0 |
$23,470 |
Current-law poverty status |
|
Above poverty |
$0 |
$0 |
$29,208 |
In poverty |
$0 |
$0 |
$0 |
Current-law household income quintile |
|
Highest |
$0 |
$0 |
$63,048 |
Second highest |
$0 |
$0 |
$57,052 |
Middle |
$0 |
$0 |
$35,426 |
Second lowest |
$0 |
$0 |
$19,734 |
Lowest |
$0 |
$0 |
$0 |
Current-law benefit type |
|
Retired worker only |
$0 |
$0 |
$32,453 |
Widow(er) (includes dually entitled) |
$0 |
$0 |
$14,688 |
Spousal (includes dually entitled) |
$0 |
$0 |
$0 |
Disabled worker only |
$0 |
$0 |
$2,743 |
|
White, non-Hispanic |
Subtotal |
$0 |
$0 |
$41,705 |
Sex |
|
Female |
$0 |
$0 |
$29,241 |
Male |
$0 |
$0 |
$60,235 |
Country of birth |
|
United States |
$0 |
$0 |
$41,949 |
Other countries |
$0 |
$0 |
$37,840 |
Age |
|
60–69 |
$0 |
$0 |
$41,249 |
70–79 |
$0 |
$0 |
$54,607 |
80–89 |
$0 |
$0 |
$686 |
90 or older |
$0 |
$0 |
$0 |
Marital status |
|
Married |
$0 |
$0 |
$48,523 |
Divorced |
$0 |
$0 |
$42,331 |
Widowed |
$0 |
$0 |
$20,823 |
Never married |
$0 |
$0 |
$40,207 |
Highest education level |
|
Graduate |
$0 |
$0 |
$83,968 |
Bachelor |
$0 |
$0 |
$60,681 |
Associate |
$0 |
$0 |
$39,467 |
High school |
$0 |
$0 |
$28,269 |
Less than high school |
$0 |
$0 |
$9,010 |
Current-law poverty status |
|
Above poverty |
$0 |
$0 |
$43,578 |
In poverty |
$0 |
$0 |
$0 |
Current-law household income quintile |
|
Highest |
$0 |
$0 |
$106,541 |
Second highest |
$0 |
$0 |
$55,539 |
Middle |
$0 |
$0 |
$30,082 |
Second lowest |
$0 |
$0 |
$9,766 |
Lowest |
$0 |
$0 |
$0 |
Current-law benefit type |
|
Retired worker only |
$0 |
$0 |
$57,184 |
Widow(er) (includes dually entitled) |
$0 |
$0 |
$15,302 |
Spousal (includes dually entitled) |
$0 |
$0 |
$0 |
Disabled worker only |
$0 |
$0 |
$7,283 |
|
Black or African American, non-Hispanic |
Subtotal |
$0 |
$0 |
$25,914 |
Sex |
|
Female |
$0 |
$0 |
$24,013 |
Male |
$0 |
$0 |
$29,050 |
Country of birth |
|
United States |
$0 |
$0 |
$24,013 |
Other countries |
$0 |
$0 |
$33,492 |
Marital status |
|
Married |
$0 |
$0 |
$31,718 |
Divorced |
$0 |
$0 |
$29,097 |
Widowed |
$0 |
$0 |
$14,160 |
Never married |
$0 |
$0 |
$18,889 |
Highest education level |
|
Graduate |
$0 |
$0 |
$62,893 |
Bachelor |
$0 |
$0 |
$42,121 |
Associate |
$0 |
$0 |
$31,224 |
High school |
$0 |
$0 |
$18,766 |
Less than high school |
$0 |
$0 |
$8,139 |
Current-law poverty status |
|
Above poverty |
$0 |
$0 |
$29,050 |
In poverty |
$0 |
$0 |
$0 |
Current-law household income quintile |
|
Highest |
$0 |
$0 |
$84,277 |
Second highest |
$0 |
$0 |
$61,311 |
Middle |
$0 |
$0 |
$30,951 |
Second lowest |
$0 |
$0 |
$17,368 |
Lowest |
$0 |
$0 |
$0 |
Current-law benefit type |
|
Retired worker only |
$0 |
$0 |
$31,718 |
Widow(er) (includes dually entitled) |
$0 |
$0 |
$18,333 |
Spousal (includes dually entitled) |
$0 |
$0 |
$0 |
Disabled worker only |
$0 |
$0 |
$4,028 |
|
All other races, non-Hispanic |
Subtotal |
$0 |
$0 |
$38,022 |
Sex |
|
Female |
$0 |
$0 |
$29,415 |
Male |
$0 |
$0 |
$51,895 |
Country of birth |
|
United States |
$0 |
$0 |
$35,712 |
Other countries |
$0 |
$0 |
$42,011 |
Highest education level |
|
Graduate |
$0 |
$0 |
$83,966 |
Bachelor |
$0 |
$0 |
$63,194 |
Associate |
$0 |
$0 |
$23,872 |
High school |
$0 |
$0 |
$21,352 |
Less than high school |
$0 |
$0 |
$11,827 |
Current-law poverty status |
|
Above poverty |
$0 |
$0 |
$40,996 |
In poverty |
$0 |
$0 |
$0 |
Current-law household income quintile |
|
Highest |
$0 |
$0 |
$106,851 |
Second highest |
$0 |
$0 |
$63,194 |
Middle |
$0 |
$0 |
$30,094 |
Second lowest |
$0 |
$0 |
$8,987 |
Lowest |
$0 |
$0 |
$686 |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024. |
NOTE: Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Projected Total Earnings Distribution in 2030
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic |
Individual earnings (2024 $) at the— |
10th percentile |
Median |
90th percentile |
|
All beneficiaries |
Total |
$0 |
$0 |
$45,694 |
Sex |
|
Female |
$0 |
$0 |
$36,993 |
Male |
$0 |
$0 |
$58,956 |
Race and ethnicity |
|
Hispanic or Latino, any race |
$0 |
$0 |
$32,030 |
White, non-Hispanic |
$0 |
$0 |
$51,010 |
Black or African American, non-Hispanic |
$0 |
$0 |
$36,761 |
All other races, non-Hispanic |
$0 |
$0 |
$50,962 |
Country of birth |
|
United States |
$0 |
$0 |
$47,189 |
Other countries |
$0 |
$0 |
$38,098 |
Age |
|
60–69 |
$0 |
$0 |
$47,691 |
70–79 |
$0 |
$0 |
$54,867 |
80–89 |
$0 |
$0 |
$7,498 |
90 or older |
$0 |
$0 |
$0 |
Marital status |
|
Married |
$0 |
$0 |
$50,962 |
Divorced |
$0 |
$0 |
$46,117 |
Widowed |
$0 |
$0 |
$30,236 |
Never married |
$0 |
$0 |
$46,560 |
Highest education level |
|
Graduate |
$0 |
$0 |
$95,815 |
Bachelor |
$0 |
$0 |
$71,518 |
Associate |
$0 |
$0 |
$42,409 |
High school |
$0 |
$0 |
$31,445 |
Less than high school |
$0 |
$0 |
$16,881 |
Current-law poverty status |
|
Above poverty |
$0 |
$0 |
$48,033 |
In poverty |
$0 |
$0 |
$0 |
Current-law household income quintile |
|
Highest |
$0 |
$0 |
$119,850 |
Second highest |
$0 |
$0 |
$65,870 |
Middle |
$0 |
$0 |
$35,274 |
Second lowest |
$0 |
$0 |
$14,361 |
Lowest |
$0 |
$0 |
$0 |
Current-law benefit type |
|
Retired worker only |
$0 |
$0 |
$59,583 |
Widow(er) (includes dually entitled) |
$0 |
$0 |
$16,450 |
Spousal (includes dually entitled) |
$0 |
$0 |
$0 |
Disabled worker only |
$0 |
$0 |
$7,640 |
|
Hispanic or Latino, any race |
Subtotal |
$0 |
$0 |
$32,030 |
Sex |
|
Female |
$0 |
$0 |
$24,833 |
Male |
$0 |
$0 |
$38,508 |
Country of birth |
|
United States |
$0 |
$0 |
$35,876 |
Other countries |
$0 |
$0 |
$28,959 |
Marital status |
|
Married |
$0 |
$0 |
$32,957 |
Divorced |
$0 |
$0 |
$35,605 |
Widowed |
$0 |
$0 |
$18,230 |
Never married |
$0 |
$0 |
$37,555 |
Current-law poverty status |
|
Above poverty |
$0 |
$0 |
$34,737 |
In poverty |
$0 |
$0 |
$0 |
Current-law household income quintile |
|
Highest |
$0 |
$0 |
$72,818 |
Second highest |
$0 |
$0 |
$64,547 |
Middle |
$0 |
$0 |
$37,568 |
Second lowest |
$0 |
$0 |
$23,635 |
Lowest |
$0 |
$0 |
$0 |
Current-law benefit type |
|
Retired worker only |
$0 |
$0 |
$37,737 |
Widow(er) (includes dually entitled) |
$0 |
$0 |
$17,815 |
Spousal (includes dually entitled) |
$0 |
$0 |
$0 |
Disabled worker only |
$0 |
$0 |
$5,708 |
|
White, non-Hispanic |
Subtotal |
$0 |
$0 |
$51,010 |
Sex |
|
Female |
$0 |
$0 |
$39,992 |
Male |
$0 |
$0 |
$66,728 |
Country of birth |
|
United States |
$0 |
$0 |
$51,650 |
Other countries |
$0 |
$0 |
$44,585 |
Age |
|
60–69 |
$0 |
$0 |
$53,807 |
70–79 |
$0 |
$0 |
$59,581 |
80–89 |
$0 |
$0 |
$14,461 |
90 or older |
$0 |
$0 |
$0 |
Marital status |
|
Married |
$0 |
$0 |
$57,662 |
Divorced |
$0 |
$0 |
$49,846 |
Widowed |
$0 |
$0 |
$32,142 |
Never married |
$0 |
$0 |
$52,185 |
Highest education level |
|
Graduate |
$0 |
$0 |
$96,661 |
Bachelor |
$0 |
$0 |
$72,894 |
Associate |
$0 |
$0 |
$45,576 |
High school |
$0 |
$0 |
$31,518 |
Less than high school |
$0 |
$0 |
$18,232 |
Current-law poverty status |
|
Above poverty |
$0 |
$0 |
$53,032 |
In poverty |
$0 |
$0 |
$0 |
Current-law household income quintile |
|
Highest |
$0 |
$0 |
$121,244 |
Second highest |
$0 |
$0 |
$66,060 |
Middle |
$0 |
$0 |
$34,059 |
Second lowest |
$0 |
$0 |
$11,600 |
Lowest |
$0 |
$0 |
$0 |
Current-law benefit type |
|
Retired worker only |
$0 |
$0 |
$66,001 |
Widow(er) (includes dually entitled) |
$0 |
$0 |
$16,397 |
Spousal (includes dually entitled) |
$0 |
$0 |
$0 |
Disabled worker only |
$0 |
$0 |
$9,195 |
|
Black or African American, non-Hispanic |
Subtotal |
$0 |
$0 |
$36,761 |
Sex |
|
Female |
$0 |
$0 |
$35,280 |
Male |
$0 |
$0 |
$39,501 |
Country of birth |
|
United States |
$0 |
$0 |
$35,280 |
Other countries |
$0 |
$0 |
$49,387 |
Marital status |
|
Married |
$0 |
$0 |
$39,722 |
Divorced |
$0 |
$0 |
$32,818 |
Widowed |
$0 |
$0 |
$23,936 |
Never married |
$0 |
$0 |
$38,967 |
Highest education level |
|
Graduate |
$0 |
$0 |
$80,821 |
Bachelor |
$0 |
$0 |
$66,876 |
Associate |
$0 |
$0 |
$36,161 |
High school |
$0 |
$0 |
$32,297 |
Less than high school |
$0 |
$0 |
$1,919 |
Current-law poverty status |
|
Above poverty |
$0 |
$0 |
$38,831 |
In poverty |
$0 |
$0 |
$0 |
Current-law household income quintile |
|
Highest |
$0 |
$0 |
$124,421 |
Second highest |
$0 |
$0 |
$61,542 |
Middle |
$0 |
$0 |
$38,989 |
Second lowest |
$0 |
$0 |
$16,449 |
Lowest |
$0 |
$0 |
$0 |
Current-law benefit type |
|
Retired worker only |
$0 |
$0 |
$41,708 |
Widow(er) (includes dually entitled) |
$0 |
$0 |
$23,936 |
Spousal (includes dually entitled) |
$0 |
$0 |
$10,974 |
Disabled worker only |
$0 |
$0 |
$7,342 |
|
All other races, non-Hispanic |
Subtotal |
$0 |
$0 |
$50,962 |
Sex |
|
Female |
$0 |
$0 |
$36,043 |
Male |
$0 |
$0 |
$63,374 |
Country of birth |
|
United States |
$0 |
$0 |
$37,312 |
Other countries |
$0 |
$0 |
$56,457 |
Marital status |
|
Married |
$0 |
$0 |
$51,771 |
Divorced |
$0 |
$0 |
$52,740 |
Widowed |
$0 |
$0 |
$36,007 |
Never married |
$0 |
$0 |
$53,819 |
Highest education level |
|
Graduate |
$0 |
$0 |
$107,276 |
Bachelor |
$0 |
$0 |
$78,404 |
Associate |
$0 |
$0 |
$32,499 |
High school |
$0 |
$0 |
$27,695 |
Less than high school |
$0 |
$0 |
$19,655 |
Current-law poverty status |
|
Above poverty |
$0 |
$0 |
$53,389 |
In poverty |
$0 |
$0 |
$0 |
Current-law household income quintile |
|
Highest |
$0 |
$0 |
$121,616 |
Second highest |
$0 |
$0 |
$64,342 |
Middle |
$0 |
$0 |
$36,043 |
Second lowest |
$0 |
$0 |
$14,735 |
Lowest |
$0 |
$0 |
$0 |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024. |
NOTE: Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Projected Total Earnings Distribution in 2050
POPULATION: Current-law beneficiaries aged 60 or older (characteristics)
Characteristic |
Individual earnings (2024 $) at the— |
10th percentile |
Median |
90th percentile |
|
All beneficiaries |
Total |
$0 |
$0 |
$63,941 |
Sex |
|
Female |
$0 |
$0 |
$56,642 |
Male |
$0 |
$0 |
$74,896 |
Race and ethnicity |
|
Hispanic or Latino, any race |
$0 |
$0 |
$41,921 |
White, non-Hispanic |
$0 |
$0 |
$70,828 |
Black or African American, non-Hispanic |
$0 |
$0 |
$48,306 |
All other races, non-Hispanic |
$0 |
$0 |
$106,276 |
Country of birth |
|
United States |
$0 |
$0 |
$65,263 |
Other countries |
$0 |
$0 |
$60,311 |
Age |
|
60–69 |
$0 |
$0 |
$62,029 |
70–79 |
$0 |
$0 |
$88,008 |
80–89 |
$0 |
$0 |
$38,069 |
90 or older |
$0 |
$0 |
$0 |
Marital status |
|
Married |
$0 |
$0 |
$72,286 |
Divorced |
$0 |
$0 |
$64,543 |
Widowed |
$0 |
$0 |
$31,112 |
Never married |
$0 |
$0 |
$67,609 |
Highest education level |
|
Graduate |
$0 |
$0 |
$133,276 |
Bachelor |
$0 |
$0 |
$101,297 |
Associate |
$0 |
$0 |
$50,851 |
High school |
$0 |
$0 |
$36,056 |
Less than high school |
$0 |
$0 |
$17,087 |
Current-law poverty status |
|
Above poverty |
$0 |
$0 |
$67,441 |
In poverty |
$0 |
$0 |
$0 |
Current-law household income quintile |
|
Highest |
$0 |
$0 |
$162,806 |
Second highest |
$0 |
$0 |
$82,151 |
Middle |
$0 |
$0 |
$40,738 |
Second lowest |
$0 |
$0 |
$959 |
Lowest |
$0 |
$0 |
$0 |
Current-law benefit type |
|
Retired worker only |
$0 |
$0 |
$83,275 |
Widow(er) (includes dually entitled) |
$0 |
$0 |
$959 |
Spousal (includes dually entitled) |
$0 |
$0 |
$0 |
Disabled worker only |
$0 |
$0 |
$6,434 |
|
Hispanic or Latino, any race |
Subtotal |
$0 |
$0 |
$41,921 |
Sex |
|
Female |
$0 |
$0 |
$34,101 |
Male |
$0 |
$0 |
$50,791 |
Country of birth |
|
United States |
$0 |
$0 |
$52,812 |
Other countries |
$0 |
$0 |
$35,562 |
Age |
|
60–69 |
$0 |
$0 |
$46,580 |
70–79 |
$0 |
$0 |
$53,595 |
80–89 |
$0 |
$0 |
$959 |
90 or older |
$0 |
$0 |
$0 |
Marital status |
|
Married |
$0 |
$0 |
$42,027 |
Divorced |
$0 |
$0 |
$49,783 |
Widowed |
$0 |
$0 |
$7,528 |
Never married |
$0 |
$0 |
$53,899 |
Highest education level |
|
Graduate |
$0 |
$0 |
$101,906 |
Bachelor |
$0 |
$0 |
$81,965 |
Associate |
$0 |
$0 |
$44,491 |
High school |
$0 |
$0 |
$37,984 |
Less than high school |
$0 |
$0 |
$21,037 |
Current-law poverty status |
|
Above poverty |
$0 |
$0 |
$45,201 |
In poverty |
$0 |
$0 |
$0 |
Current-law household income quintile |
|
Highest |
$0 |
$0 |
$144,913 |
Second highest |
$0 |
$0 |
$80,509 |
Middle |
$0 |
$0 |
$44,862 |
Second lowest |
$0 |
$0 |
$3,762 |
Lowest |
$0 |
$0 |
$0 |
Current-law benefit type |
|
Retired worker only |
$0 |
$0 |
$54,230 |
Widow(er) (includes dually entitled) |
$0 |
$0 |
$0 |
Spousal (includes dually entitled) |
$0 |
$0 |
$0 |
Disabled worker only |
$0 |
$0 |
$2,964 |
|
White, non-Hispanic |
Subtotal |
$0 |
$0 |
$70,828 |
Sex |
|
Female |
$0 |
$0 |
$61,407 |
Male |
$0 |
$0 |
$84,508 |
Country of birth |
|
United States |
$0 |
$0 |
$70,477 |
Other countries |
$0 |
$0 |
$76,544 |
Age |
|
60–69 |
$0 |
$0 |
$68,866 |
70–79 |
$0 |
$0 |
$98,110 |
80–89 |
$0 |
$0 |
$49,153 |
90 or older |
$0 |
$0 |
$0 |
Marital status |
|
Married |
$0 |
$0 |
$79,181 |
Divorced |
$0 |
$0 |
$70,828 |
Widowed |
$0 |
$0 |
$37,467 |
Never married |
$0 |
$0 |
$82,741 |
Highest education level |
|
Graduate |
$0 |
$0 |
$129,959 |
Bachelor |
$0 |
$0 |
$102,767 |
Associate |
$0 |
$0 |
$51,785 |
High school |
$0 |
$0 |
$37,349 |
Less than high school |
$0 |
$0 |
$16,258 |
Current-law poverty status |
|
Above poverty |
$0 |
$0 |
$73,555 |
In poverty |
$0 |
$0 |
$0 |
Current-law household income quintile |
|
Highest |
$0 |
$0 |
$160,831 |
Second highest |
$0 |
$0 |
$80,526 |
Middle |
$0 |
$0 |
$38,208 |
Second lowest |
$0 |
$0 |
$959 |
Lowest |
$0 |
$0 |
$0 |
Current-law benefit type |
|
Retired worker only |
$0 |
$0 |
$90,157 |
Widow(er) (includes dually entitled) |
$0 |
$0 |
$2,565 |
Spousal (includes dually entitled) |
$0 |
$0 |
$959 |
Disabled worker only |
$0 |
$0 |
$9,114 |
|
Black or African American, non-Hispanic |
Subtotal |
$0 |
$0 |
$48,306 |
Sex |
|
Female |
$0 |
$0 |
$52,547 |
Male |
$0 |
$0 |
$44,245 |
Country of birth |
|
United States |
$0 |
$0 |
$50,552 |
Other countries |
$0 |
$0 |
$41,649 |
Age |
|
60–69 |
$0 |
$0 |
$51,373 |
70–79 |
$0 |
$0 |
$68,584 |
80–89 |
$0 |
$0 |
$4,710 |
90 or older |
$0 |
$0 |
$0 |
Marital status |
|
Married |
$0 |
$0 |
$54,249 |
Divorced |
$0 |
$0 |
$53,353 |
Widowed |
$0 |
$0 |
$8,230 |
Never married |
$0 |
$0 |
$52,331 |
Highest education level |
|
Graduate |
$0 |
$0 |
$105,652 |
Bachelor |
$0 |
$0 |
$79,972 |
Associate |
$0 |
$0 |
$42,211 |
High school |
$0 |
$0 |
$29,597 |
Less than high school |
$0 |
$0 |
$17,087 |
Current-law poverty status |
|
Above poverty |
$0 |
$0 |
$53,336 |
In poverty |
$0 |
$0 |
$0 |
Current-law household income quintile |
|
Highest |
$0 |
$959 |
$158,972 |
Second highest |
$0 |
$0 |
$91,002 |
Middle |
$0 |
$0 |
$49,295 |
Second lowest |
$0 |
$0 |
$9,366 |
Lowest |
$0 |
$0 |
$0 |
Current-law benefit type |
|
Retired worker only |
$0 |
$0 |
$60,677 |
Widow(er) (includes dually entitled) |
$0 |
$0 |
$3,660 |
Spousal (includes dually entitled) |
$0 |
$0 |
$959 |
Disabled worker only |
$0 |
$0 |
$2,704 |
|
All other races, non-Hispanic |
Subtotal |
$0 |
$0 |
$106,276 |
Sex |
|
Female |
$0 |
$0 |
$91,491 |
Male |
$0 |
$0 |
$127,146 |
Country of birth |
|
United States |
$0 |
$0 |
$75,708 |
Other countries |
$0 |
$0 |
$120,385 |
Age |
|
60–69 |
$0 |
$0 |
$121,664 |
70–79 |
$0 |
$0 |
$123,650 |
80–89 |
$0 |
$0 |
$50,971 |
90 or older |
$0 |
$0 |
$0 |
Marital status |
|
Married |
$0 |
$0 |
$125,895 |
Divorced |
$0 |
$0 |
$71,030 |
Widowed |
$0 |
$0 |
$58,382 |
Never married |
$0 |
$0 |
$102,803 |
Highest education level |
|
Graduate |
$0 |
$0 |
$176,068 |
Bachelor |
$0 |
$0 |
$120,764 |
Associate |
$0 |
$0 |
$56,589 |
High school |
$0 |
$0 |
$32,732 |
Less than high school |
$0 |
$0 |
$959 |
Current-law poverty status |
|
Above poverty |
$0 |
$0 |
$109,210 |
In poverty |
$0 |
$0 |
$0 |
Current-law household income quintile |
|
Highest |
$0 |
$1,426 |
$193,070 |
Second highest |
$0 |
$0 |
$82,554 |
Middle |
$0 |
$0 |
$37,522 |
Second lowest |
$0 |
$0 |
$4,971 |
Lowest |
$0 |
$0 |
$0 |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: SB PopProfiles 03/06/2024. |
NOTE: Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|