While millennials are more educated than the generation that preceded them, young people across the country today, including in Georgia, are receiving smaller paychecks than their parents did.

So, just how much are they making in the Peach State?

»RELATED: Here's what millennials in Georgia need to do to retire with $1 million

According to a recent study by Business Insider, the answer is $20,000.

The site used data from the American Community Survey, courtesy of Minnesota Population Center and the Pew Research Center to determine the median wage income of Americans born between 1981 and 1997.

The figures range between $18,000 per year in Montana to $43,000 per year in Washington D.C. Georgia falls towards the bottom of the pack, yielding the fourth lowest income in the nation for millennials.

Other southern regions including Alabama, Tennessee, Florida and North Carolina also average $20,000.

Take a look at the map below to see how other areas fared.

ajc.com

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