Your Dad Made More Than You Do

May 31, 2007 · Filed Under Financial

Here’s an interesting look at some statistics that show why it is harder than ever to be a single-income family.

Relying on Census Bureau figures, the study’s authors found that after adjusting for inflation, men in their 30s in 2004 had a median income of about $35,000 per year, for a 12 percent drop compared with $40,000 per year for men in the same age group in 1974.