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Phone: 607-821-0100

Toll Free: 866-539-2596

Modest consultation fee for Divorce and Family Law

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For Over 40 Years.

Compassionate, Caring And Professional Services
For Over 40 Years.

Compassionate, Caring And Professional Services
For Over 40 Years.

Compassionate, Caring And Professional Services
For Over 40 Years.

Compassionate, Caring And Professional Services
For Over 40 Years.

Compassionate, Caring And Professional Services
For Over 40 Years.

Compassionate, Caring And Professional Services

Federal data: Same-sex couples earn more, on average

| Oct 5, 2016 | Same-Sex Couples & Divorce |

Different types of married couples can vary from each other in a range of ways. This includes in their income level. Recently released federal data points to their being general income differences between same-sex and heterosexual couples.

The data is from the U.S. Treasury Department. It regards the average household income of couples in 2014. The data indicates that same-sex couples had a higher average income that year than opposite-sex couples. This was the case for both male same-sex couples and lesbian couples. However, the margin of the difference was much larger for male same-sex couples than for female same-sex couples. Lesbian couples’ average income only outpaced opposite-sex couple income by around $11,000, while that of male same-sex couples did so by around $63,000.

Possible contributors to the high income level of male same-sex couples include what regions same-sex couples tend to live in, the gender pay gap and the fact that having kids isn’t as common among male same-sex couples.

Income level can have many impacts on a married couple. For one, it can affect what kinds of issues come up if the couple ultimately decides to get divorced. Some special matters and considerations can arise in a divorce when the couple in question has a particularly high income. Whether an individual seeking a divorce here in New York is in a same-sex or opposite-sex marriage, they may want a skilled attorney’s guidance when it comes to special issues triggered by their income level or the assets they have, such as unique concerns regarding property division.

Source: Money, “Same-Sex Male Couples Outearn Straight Couples by More Than $60,000,” Kaitlin Mulhere, Sept. 13, 2016