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Rural veterans earned more than nonveterans

WLJ
Oct. 05, 2017 1 minute read
Rural veterans earned more than nonveterans

Rural veterans earned more than nonveterans

Veterans tend to have higher earnings compared to nonveterans. In 2015, rural veterans who were full-time wage and salary workers had median earnings of about $50,000. That’s $11,000 more than the median earnings of their nonveteran counterparts. Earnings for veterans and nonveterans varied by industry, however. For example, compared to nonveterans, the median earnings for veterans was $29,000 higher in financial services, $20,000 higher in education and health, and $11,500 higher in transportation and utilities. Differences in median earnings by industry between veterans and nonveterans generally track closely with educational attainment. However, in 2015, even in industries where fewer veteran than nonveteran earners had a college degree, the median income for veterans was near or greater than that of nonveterans. This may be explained by a variety of factors, including differences in demographic composition and job skills. For example, veterans tend to be older and are predominantly male, and thus on average more likely to have higher earnings than the general population. — USDA Economic Research Service

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