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Economic Outcomes
Table 20-2.  Median annual earnings of full-time, full-year wage and salary workers ages 25–34, by race/ethnicity and educational attainment: Selected years, 1980–2006

[In constant 2006 dollars]
 
Race/ethnicity1 and educational attainment 1980 1985 1990 1995 2000 2005 2006

     White $38,200 $37,500 $37,000 $34,400 $37,900 $36,100 $37,400
Less than high school 30,800 28,100 26,200 23,800 23,400 23,700 25,000
High school diploma or equivalent 35,100 33,700 30,900 29,100 32,200 31,000 30,000
Some college2 38,800 37,500 36,700 31,800 35,100 33,000 33,300
Associate’s degree 34,400 37,500 36,100 35,000
Bachelor’s degree or higher 44,000 46,900 46,300 45,000 46,800 46,500 45,000
  Bachelor’s degree 42,300 46,800 42,300 45,000
  Master’s degree or higher 52,900 52,700 51,600 50,000
 
    Black 29,400 28,100 27,800 27,800 29,700 29,800 30,000
Less than high school 21,800 18,700 19,600 18,600 22,200 21,500 18,000
High school diploma or equivalent 29,400 26,200 24,500 23,800 24,600 23,700 25,000
Some college2 31,800 28,100 30,100 29,100 30,400 30,100 28,000
Associate’s degree 29,100 29,300 28,900 29,000
Bachelor’s degree or higher 36,700 37,500 38,600 36,400 41,000 40,300 40,000
  Bachelor’s degree 34,400 38,600 37,200 37,000
  Master’s degree or higher 45,000 50,300 45,400 50,000
 
    Hispanic 33,000 30,400 27,800 26,500 29,300 27,900 28,000
Less than high school 29,300 24,400 21,700 20,600 21,300 21,500 20,800
High school diploma or equivalent 29,400 28,100 26,200 25,100 26,900 24,800 26,000
Some college2 36,700 35,600 30,900 26,500 31,600 33,000 30,000
Associate’s degree 31,800 35,100 35,100 32,000
Bachelor’s degree or higher 40,000 45,000 41,700 39,700 44,500 42,300 42,000
  Bachelor’s degree 38,100 42,100 41,300 40,000
  Master’s degree or higher 52,300 48,000
 
    Asian 36,3003 34,4003 42,1003 41,300 45,000
Less than high school 3 3 3
High school diploma or equivalent 25,5003 26,5003 29,3003 27,900 28,000
Some college2 30,9003 24,6003 32,8003 31,000 32,000
Associate’s degree 26,5003 35,1003 36,100 36,000
Bachelor’s degree or higher 46,3003 43,7003 58,5003 51,600 55,000
  Bachelor’s degree 40,3003 57,4003 51,600 50,000
  Master’s degree or higher 50,3003 62,0003 56,800 60,000
 
    Pacific Islander (3) (3) 3 30,000
    American Indian/Alaska Native 30,900 26,500 28,100 31,000 27,000
    More than one race 36,100 35,000
    Other $36,700 $37,100
Less than high school
High school diploma or equivalent 29,400 30,000
Some college2 36,700 34,100
Associate’s degree
Bachelor’s degree or higher 44,000 41,200
  Bachelor’s degree
  Master’s degree or higher

— Not available.

‡ Reporting standards not met (too few cases).

1 Race categories exclude persons of Hispanic ethnicity. Estimates for educational categories for Pacific Islander, American Indian/Alaska Native, and More than one race subgroups did not meet reporting standards.

2 Due to changes in categories across time, the category “some college” prior to 1992 is not comparable with “some college” from 1992 onwards. Prior to 1992, some college may include students who earned an associate’s degree.

3 From 1989 through 2002, data for Asians and Pacific Islanders were not reported separately; therefore, Pacific Islanders are included with Asians during this period.

NOTE: Earnings are presented in constant dollars by means of the Consumer Price Index (CPI) to eliminate inflationary factors and allow for direct comparison across years. See supplemental note 11 for further discussion. Full-year worker refers to those who were employed 50 or more weeks during the previous year; full-time worker refers to those who were usually employed 35 or more hours per week. The Current Population Survey (CPS) questions used to obtain educational attainment were changed in 1992. In 1994, the survey instrument for the CPS was changed and weights were adjusted. See supplemental note 2 for further discussion on both of these changes.

SOURCE: U.S. Department of Commerce, Census Bureau, Current Population Survey (CPS), March and Annual Social and Economic Supplement, selected years, 1981–2007.

 
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