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Gen Z and Millennials Feel They Have To Make This Amount To “Make It”

For many, reaching a salary that’s six figures long was the sign of making it. But things have changed, and that number’s gone up, a new study has found. According…

These things actually got cheaper in 2022
(Photo by Joe Raedle/Newsmakers)

For many, reaching a salary that’s six figures long was the sign of making it. But things have changed, and that number’s gone up, a new study has found. According to FortuneSkynova, an invoicing software firm, surveyed 1,000 young adults between the ages of 22 to 35 and found out what average salary they want to reach to feel like they’ve finally “made it.”

The survey found:

  • $121,553 was the average salary all respondents said they’d need to make to feel like they’ve “made it”
  • Gen Z respondents answered a bit higher, saying the salary should be $124,494
  • Millennials were a bit lower, marking $120,902 as their “made it” salary
  • 58% said they’re unsatisfied with what they’re currently making

All of these salaries are way above what the average American earns. In 2021, the median income was $69,717. Millennials and Gen Z are pushing this, saying that their desired pay package right now is between $71,000 and $80,000. Researchers are advising these unsatisfied younger employees to “keep in mind that they’re near the beginning of their careers, and salaries can increase with experience.”

Source: Fortune & Skynova

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North Carolina Ranks As One Of The Worst States For Millennials

Millennials we take a lot of heat. I know you've heard the stereotypes-entitled, parentally dependent, emotionally fragile. But it also hasn't been easy, so you can't place all the blame on us. And if you're reading this in one of the Carolina's then it really hasn't been easy. In fact, North Carolina and South Carolina both rank in the bottom half of states for millennials. This is according to a new study by Wallethub.

Millennials are currently the largest generation, with a population of around 80 million. This means that millennials have a huge influence on American culture and consumption. But statistically, most are economically worse off than their parents.

The millennial experience is not the same everywhere. WalletHub compared the 50 states and the District of Columbia to determine where this generation has thrived and struggled. They examined each state and DC across 34 key metrics to determine the best and worst states for millennials. Both Carolinas ranked in the bottom half making them two of the worst states.

Keep reading to see where North Carolina millennials ranked.

1. Washington

SeattleDan Callister/Newsmakers

Total Score: 67.45

Affordability: 6

Education & Health: 17

Quality of Life: 2

Economic Health: 3

Civic Engagement: 6

2. District of Columbia

Total Score: 65.34

Affordability: 27

Education & Health: 2

Quality of Life: 1

Economic Health: 26

Civic Engagement: 15

3. Massachusetts

Total Score: 63.72

Affordability: 25

Education & Health: 3

Quality of Life: 4

Economic Health: 17

Civic Engagement: 22

4. Utah

Total Score: 62.90

Affordability: 20

Education & Health: 7

Quality of Life: 9

Economic Health: 1

Civic Engagement: 30

5. Illinois

IllinoisShutterstock

Total Score: 60.28

Affordability: 2

Education & Health: 4

Quality of Life: 8

Economic Health: 46

Civic Engagement: 18

6. Minnesota

Total Score: 60.22

Affordability: 12

Education & Health: 16

Quality of Life: 6

Economic Health: 18

Civic Engagement: 27

7. Oregon

Total Score: 58.90

Affordability: 34

Education & Health: 14

Quality of Life: 16

Economic Health: 14

Civic Engagement: 2

8. Wisconsin

Total Score: 58.68

Affordability: 21

Education & Health: 24

Quality of Life: 12

Economic Health: 31

Civic Engagement: 1

9. Virginia

Total Score: 57.82

Affordability: 39

Education & Health: 15

Quality of Life: 10

Economic Health: 20

Civic Engagement: 3

10. Colorado

Denver ColoradoKruck20/Getty Images Creative

Total Score: 57.55

Affordability: 49

Education & Health: 23

Quality of Life: 5

Economic Health: 10

Civic Engagement: 9

11. Nebraska

Total Score: 57.09

Affordability: 32

Education & Health: 27

Quality of Life: 13

Economic Health: 12

Civic Engagement: 10

12. Iowa

Total Score: 56.59

Affordability: 5

Education & Health: 25

Quality of Life: 23

Economic Health: 29

Civic Engagement: 5

13. Pennsylvania

Total Score: 56.41

Affordability: 19

Education & Health: 21

Quality of Life: 17

Economic Health: 32

Civic Engagement: 7

14. California

Total Score: 56.19

Affordability: 40

Education & Health: 19

Quality of Life: 7

Economic Health: 22

Civic Engagement: 21

15. Vermont

Vermont(Photo by Joe Raedle/Getty Images)

Total Score: 55.80

Affordability: 48

Education & Health: 10

Quality of Life: 18

Economic Health: 11

Civic Engagement: 14

16. South Dakota

Total Score: 55.50

Affordability: 7

Education & Health: 18

Quality of Life: 25

Economic Health: 6

Civic Engagement: 41

17. Maine

Total Score: 55.33

Affordability: 46

Education & Health: 11

Quality of Life: 30

Economic Health: 8

Civic Engagement: 4

18. New York

Total Score: 55.03

Affordability: 8

Education & Health: 12

Quality of Life: 3

Economic Health: 49

Civic Engagement: 47

19. New Hampshire

Total Score: 54.33

Affordability: 42

Education & Health: 13

Quality of Life: 22

Economic Health: 5

Civic Engagement: 37

20. Connecticut

ConnecticutGetty Images Creative

Total Score: 53.79

Affordability: 35

Education & Health: 6

Quality of Life: 21

Economic Health: 45

Civic Engagement: 12

21. Ohio

Total Score: 53.68

Affordability: 4

Education & Health: 28

Quality of Life: 24

Economic Health: 40

Civic Engagement: 11

22. Texas

Total Score: 52.92

Affordability: 9

Education & Health: 51

Quality of Life: 11

Economic Health: 16

Civic Engagement: 26

23. North Dakota

Total Score: 52.69

Affordability: 13

Education & Health: 36

Quality of Life: 15

Economic Health: 13

Civic Engagement: 39

24. Michigan

Total Score: 52.38

Affordability: 3

Education & Health: 20

Quality of Life: 35

Economic Health: 42

Civic Engagement: 13

25. Arizona

ArizonaJonathan Ross Getty Images

Total Score: 52.35

Affordability: 26

Education & Health: 37

Quality of Life: 32

Economic Health: 4

Civic Engagement: 19

26. Rhode Island

Total Score: 52.34

Affordability: 47

Education & Health: 5

Quality of Life: 19

Economic Health: 9

Civic Engagement: 46

27. Idaho

Total Score: 52.15

Affordability: 31

Education & Health: 22

Quality of Life: 42

Economic Health: 2

Civic Engagement: 35

28. North Carolina

Total Score: 51.63

Affordability: 17

Education & Health: 29

Quality of Life: 33

Economic Health: 23

Civic Engagement: 20

29. New Jersey

Total Score: 51.33

Affordability: 36

Education & Health: 8

Quality of Life: 14

Economic Health: 39

Civic Engagement: 42

30. Tennessee

TennesseeGetty Images/Kruck20

Total Score: 50.68

Affordability: 11

Education & Health: 33

Quality of Life: 39

Economic Health: 19

Civic Engagement: 23

31. Maryland

Total Score: 50.67

Affordability: 44

Education & Health: 9

Quality of Life: 20

Economic Health: 34

Civic Engagement: 38

32. Kansas

Total Score: 50.41

Affordability: 29

Education & Health: 30

Quality of Life: 36

Economic Health: 25

Civic Engagement: 8

33. Hawaii

Total Score: 49.78

Affordability: 51

Education & Health: 1

Quality of Life: 31

Economic Health: 27

Civic Engagement: 29

34. Montana

Total Score: 49.55

Affordability: 38

Education & Health: 32

Quality of Life: 29

Economic Health: 7

Civic Engagement: 36

35. Missouri

Missourif11photo/Getty Images Plus

Total Score: 49.14

Affordability: 1

Education & Health: 44

Quality of Life: 26

Economic Health: 21

Civic Engagement: 43

36. Indiana

Total Score: 48.25

Affordability: 16

Education & Health: 35

Quality of Life: 38

Economic Health: 33

Civic Engagement: 24

37. Florida

Total Score: 47.70

Affordability: 37

Education & Health: 41

Quality of Life: 28

Economic Health: 15

Civic Engagement: 33

38. Georgia

Total Score: 46.42

Affordability: 15

Education & Health: 43

Quality of Life: 40

Economic Health: 37

Civic Engagement: 28

39. Delaware

Total Score: 45.46

Affordability: 28

Education & Health: 26

Quality of Life: 41

Economic Health: 24

Civic Engagement: 45

40. Wyoming

WyomingDean_Fikar/Getty Images Plus

Total Score: 43.44

Affordability: 41

Education & Health: 34

Quality of Life: 37

Economic Health: 35

Civic Engagement: 40

41. Alabama

Total Score: 42.02

Affordability: 14

Education & Health: 48

Quality of Life: 49

Economic Health: 38

Civic Engagement: 25

42. Kentucky

Total Score: 41.94

Affordability: 10

Education & Health: 39

Quality of Life: 45

Economic Health: 36

Civic Engagement: 44

43. Oklahoma

Total Score: 41.63

Affordability: 23

Education & Health: 50

Quality of Life: 44

Economic Health: 41

Civic Engagement: 31

44. Alaska

Total Score: 41.57

Affordability: 50

Education & Health: 40

Quality of Life: 27

Economic Health: 48

Civic Engagement: 16

45. South Carolina

South CarolinaLarry Gibson/Getty Images Plus

Total Score: 40.76

Affordability: 18

Education & Health: 31

Quality of Life: 48

Economic Health: 28

Civic Engagement: 51

46. Nevada

Total Score: 39.86

Affordability: 45

Education & Health: 46

Quality of Life: 34

Economic Health: 30

Civic Engagement: 49

47. Louisiana

Total Score: 45

Affordability: 22

Education & Health: 45

Quality of Life: 43

Economic Health: 50

Civic Engagement: 32

48. Arkansas

Total Score: 37.40

Affordability: 32

Education & Health: 49

Quality of Life: 47

Economic Health: 47

Civic Engagement: 34

49. New Mexico

Total Score: 36.28

Affordability: 43

Education & Health: 42

Quality of Life: 46

Economic Health: 44

Civic Engagement: 48

50. West Virginia

West Virginiakrblokhin/Getty Images Plus

Total Score: 35.53

Affordability: 24

Education & Health: 38

Quality of Life: 51

Economic Health: 43

Civic Engagement: 49

51. Mississippi

Total Score: 34.94

Affordability: 30

Education & Health: 47

Quality of Life: 50

Economic Health: 51

Civic Engagement: 17

LauRen Merola Strager is a former NFL & NBA cheerleader turned radio host. LauRen is a former Miss Pennsylvania USA and is a proud wife and mother of two. She is the owner and chief editor for her fashion and lifestyle Blog “All Of The F-Words” and is a champion for the Autism community. You can read all about LauRen’s thoughts on motherhood, pageant life, and everyday life through her online content.