## Income Calculator

To calculate your income percentile (US data), enter your current age and gross income (pre tax) and hit “Calculate”:

For instance, if you're 40 years old and you're making \$120,000, you're in the top 10% of earners:

## How Did You Calculate This?

The data reflects the averaged pre-tax (gross) income in the US earned in the full year by age. I used a simplified version of the dqydj data that comes from the US census data (United States Census Bureau's Annual ASEC survey) and a harmonized version of this raw data set.

For instance, the data suggests that these are the 2023 average (pre-tax) incomes by age:

• Age 25: \$47,532.13
• Age 35: \$72,495.66
• Age 45: \$81,641.88
• Age 55: \$83,970.61
• Age 65: \$81,809.77

The top 1% individual income by age in the US earn as follows:

• Age 25: \$170,010.00
• Age 35: \$420,000.00
• Age 45: \$634,650.00
• Age 55: \$453,051.00
• Age 65: \$432,372.00

Another representation of the same data showing the top 10% of earners make far more than the remaining workforce -- income is Pareto Distributed so the 80/20 Principle applies.

You can leverage this by following this blog tutorial:

π Recommended: The 80/20 Principle in Programming