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The Motherhood Penalty: Mothers Earned 35% Less than Fathers in 2024

  • In 2024, mothers working full-time who have kids under 18 received a median income of $56,680, whereas fathers in the same situation earned a median of $76,388, highlighting a pay disparity of 35%.
  • This wage gap widened from 31% in 2023 and stems from caregiving responsibilities that disproportionately fall on women, forcing many to reduce hours or accept lower-paying flexible jobs.
  • Bankrate's analysis of Census Bureau data shows that mothers often face stalled career growth, frequent missed promotions, and shifts to part-time work that they are overqualified for to balance family duties.
  • The study estimates that if the gap persists, full-time working mothers could earn roughly $600,000 less than fathers over 30 years, making it harder to reach financial milestones like retirement savings or home purchases.
  • Meanwhile, full-time fathers with children earn about 25% more than childless men, with no apparent parenthood penalty, a disparity experts attribute to entrenched social stereotypes about gender roles.
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The Fort Morgan TimesThe Fort Morgan Times
+24 Reposted by 24 other sources
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The motherhood penalty: Mothers earned 35% less than fathers in 2024

By Alex Gailey, Bankrate.com Since having her first child in 2015, certified public accountant Katie Thomas has repeatedly asked herself the same impossible question: career or family? Following a layoff six months after having her first child, Thomas decided to start her own business because she needed more flexibility to juggle caregiving and her career. Three years later, her daughter slightly older, she decided to reenter the workforce to wo…

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bristolworld.com broke the news in on Thursday, May 15, 2025.
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