1,400 Americans Under Age 26 Made $1M or More in 2016

Data from the Internal Revenue Service (IRS) shows that approximately 1,400 Americans under the age of 26 earned more than a million dollars in 2016.

That total includes 930 who earned at least $1.5 million and 45 whose earnings topped $10 million.

Overall, those earning more than $75,000 were in the top 1 percent for their age cohort.

Eight out of 10 earned $25,000 or less.

Each weekday, Scott Rasmussen’s Number of the Day explores interesting and newsworthy topics at the intersection of culture, politics, and technology. Columns published on Ballotpedia reflect the views of the author.

Scott Rasmussen is founder and president of the Rasmussen Media Group. He is the author of "Mad as Hell: How the Tea Party Movement Is Fundamentally Remaking Our Two-Party System," "In Search of Self-Governance," and "The People’s Money: How Voters Will Balance the Budget and Eliminate the Federal Debt." Read more reports from Scott Rasmussen — Click Here Now.