Median income of home buyers in the U.S. 2023, by generation

Published by Statista Research Department, May 6, 2024

About 15 percent of homebuyers in the United States in 2022 had a median household income between 100,000 and 124,999 U.S dollars. This was the median income range with the largest share of homebuyers in the United States that year. Among them, 19 percent were between the age of 18 and 24 years old.

Median income of home buyers in the United States in 2023, by generation

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Release date

March 2024

Region

United States

Survey time period

July 2023

Number of respondents

6,817 respondents

Special properties

primary residence buyers; real estate purchased between July 2022 and June 2023

Method of interview

Online survey

Supplementary notes

Generation Z - 18 to 24 years
Younger Millennials - 25 to 33 years
Older Millennials - 34 to 43 years
Generation X - 44 to 58 years
Younger Boomers -59 to 68 years
Older Boomers -69 to 77 years
Silent Generation - 78 to 98 years

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