MINNEAPOLIS, Minnesota (KSEE/KGPE) – A study published in the Journal of Marriage and Family earlier this month suggests that the reason fewer women are getting married in the United States is due to eligible bachelors not making enough money.
Using five years of data from the American Community Survey, the study established a group of married women and examined their husbands’ income. Researchers then established a group of unmarried women with the same sociodemographic background and worked out what their ideal man would earn.
Using that data, the study found that the average income the unmarried women would want in an ideal man was 58% higher than the average income actually earned by the available unmarried men. The research also found that racial and ethnic minorities, in particular, would face a serious shortage of potential partners.
“Most American women hope to marry but current shortages of marriageable men – men with a stable job and a good income – make this increasingly difficult, especially in the current gig economy of unstable low-paying service jobs,” said lead author Daniel T. Lichter, PhD, of Cornell University.
“Marriage is still based on love, but it also is fundamentally an economic transaction.”