Assuming this is true it could be because younger/early career people are more likely to have masters and also have lower salaries because they have less experience.
Edit: I was skeptical of ZipRecruiter's numbers so I just did a quick tabulation of the 2021 ACS. In DC (among people with any earnings) people earned an average of $94,000 in salary/wages, and people with master's degrees earned $116,000.
If you want to check my work I used the online data analyzer tool at usa.ipums.org. I calculated means with dependent variable incwage, row variable educd, and filters year(2021), statefip(11), incwage(1-999998)
marshalgivens t1_j9qeq6t wrote
Reply to People in DC with a Master's degree make less than the average DC salary? by jdeeebs
Assuming this is true it could be because younger/early career people are more likely to have masters and also have lower salaries because they have less experience.
Edit: I was skeptical of ZipRecruiter's numbers so I just did a quick tabulation of the 2021 ACS. In DC (among people with any earnings) people earned an average of $94,000 in salary/wages, and people with master's degrees earned $116,000.
If you want to check my work I used the online data analyzer tool at usa.ipums.org. I calculated means with dependent variable
incwage, row variableeducd, and filtersyear(2021), statefip(11), incwage(1-999998)