By the Numbers: 4 March 2024

By the Numbers: 4 March 2024

30%

The percentage of "working-age male veterans (ages 22 to 54) (who) had a VA disability rating" in 2022, according to a report from the Congressional Budget Office -- Income of Working-Age Veterans Receiving Disability Compensation. Some other data points from this report:

  • Male veterans who received VA disability compensation (including those who did not work) had average annual earnings of $52,200—16 percent less than the earnings of veterans without a VA disability rating.
  • Annual earnings were substantially lower for veterans with a high disability rating, a finding driven in part by lower labor force participation among veterans with a high rating.
  • Overall, veterans with a disability rating who were potential workers had average annual earnings that were lower by $1,900, or 3 percent, than the earnings of those without a rating, and fewer of them were in the labor force.
  • The average personal income (earnings plus other income) of all male veterans who received VA disability compensation was about 10 percent higher than that of veterans who did not, mainly because VA disability payments were greater, on average, than any differences in earnings. The annual household income of all veterans, regardless of disability status, was more than $100,000, on average.