In 2005, the mean household earnings for individuals aged 45-54 were $74,446. In 2005, the mean household earnings for individuals aged 55-64 were $56,521. In 2005, the mean household earnings for individuals aged 65-74 were $20,727. In 2005, the mean household earnings for individuals aged 75-84 were $10,062. In 2005, the mean household earnings for individuals aged 85-94 were $9,509. In 2005, the mean household earnings for the population were $59,266.

*Note: means are calculated for all persons in the age category, whether they are working or not; family and household values are similarly averaged over all persons in the age category.

Havens, J. (2006). [Analysis of the U.S. Census Current Population Survey for March 2005]. Unpublished raw data. Center on Wealth and Philanthropy for the Center on Aging & Work / Workplace Flexibility. Boston College, Chestnut Hill, MA

"The Current Population Survey (CPS) is a monthly survey of about 50,000 households conducted by the Bureau of the Census for the Bureau of Labor Statistics. The survey has been conducted for more than 50 years. The CPS is the primary source of information on the labor force characteristics of the U.S. population. The sample is scientifically selected to represent the civilian noninstitutional population. Respondents are interviewed to obtain information about the employment status of each member of the household 15 years of age and older. However, published data focus on those ages 16 and over. The sample provides estimates for the nation as a whole and serves as part of model-based estimates for individual states and other geographic areas. Estimates obtained from the CPS include employment, unemployment, earnings, hours of work, and other indicators...They are available by a variety of demographic characteristics including age, sex, race, marital status, and educational attainment...occupation, industry, and class of worker."