How to Money · Wednesday, July 8, 2026
Contrary to popular belief and media narratives, median household incomes for millennials are at all-time highs, adjusted for inflation. Dr. Jean Twenge's research, based on Census Bureau data, indicates that while some segments of the millennial generation have seen income declines, the overall cohort is performing well financially, with wealth building on par with previous generations like Gen X.
“median incomes in those groups are at all time highs. And yes that is adjusted for inflation.”
“even with college loans and all that taken into account, millennials are still doing pretty well, you know, with with wealth building.”
“the perception got stuck at that previous point where recovery from the Great Recession was taking a long time, particularly for younger people.”