U.S. Sen. Elizabeth Warren has positioned herself as the champion of the little guy, but her tax forms and financial disclosure statements show that she and her husband have a higher income than the average American.
Warren’s Income Breakdown
- Base Senate salary: $174,000
- IRA distribution: $39,060
- Pensions and annuities: $124,724
- Social Security benefits: $96,260
- Qualified dividends and interest: $8,222
The couple’s tax filing showed that their gross taxable income was $912,689 in 2024, which is closer to the income of corporate America than the average American taxpayer.
The Median Household Income in Massachusetts
- Median household income in Massachusetts: $101,341 (2023)
- Median household income in the United States: $63,604 (according to U.S. Bureau of Labor Statistics data)
- Massachusetts is in the top tier of U.S. states by median household income
The couple’s income is also higher than the median household income in Massachusetts, which was $101,341 in 2023, according to U.S. Census data.
Warren’s and Mann’s Investment and Income Sources
| Income Source | Amount |
|---|---|
| Publishing royalties | $27,919 |
| Retirement income (Harvard Law School) | $88,423 |
| IRA distribution | $39,060 |
The couple’s tax filing also showed that they had an IRA distribution of $39,060, pensions and annuities totaling $124,724, and Social Security benefits totaling $96,260.
Warren’s Financial Disclosure Forms
- No gifts or reportable travel expenses reported
- No differences in financial disclosure forms from 2023
Warren’s financial disclosure forms were similar to her tax filing, showing that she and her husband did not report any gifts or travel expenses last year.
Analysis by TheStreet
An analysis by TheStreet, a financial news website, put the couple’s cumulative net worth at least $8 million as of earlier this year.
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