The Anatomy of Marital Happiness

68 Pages Posted: 14 Mar 2025 Last revised: 18 Mar 2025

See all articles by Sam Peltzman

Sam Peltzman

University of Chicago, Booth School of Business

Date Written: February 21, 2025

Abstract

Since 1972, the General Social Survey has periodically asked whether people are happy with Yes, Maybe or No type answers. Here I use a net "happiness" measure, which is percentage Yes less percentage No with Maybe treated as zero. Average happiness is around +20 on this scale for all respondents from 1972 to the last pre-pandemic survey (2018). However, there is a wide gap of around 30 points between married and unmarried respondents. This "marital premium" is this paper's subject. I describe how this premium varies across and within population groups. These include standard socio demographics (age, sex, race education, income) and more. I find little variety and thereby surface a notable regularity in US socio demography: there is a substantial marital premium for every group and subgroup I analyze, and this premium is usually close to the overall 30-point average. This holds not just for standard characteristics but also for those directly related to marriage like children and sex (and sex preference). I also find a "cohabitation premium", but it is much smaller (10 points) than the marital premium. The analysis is mainly visual, and there is inevitably some interesting variety across seventeen figures, such as a 5-point increase in recent years.

Keywords: happiness, marriage, demographics, family, education, income, sex

JEL Classification: D10, D60, I31, J10, J12, J18, Z13

Suggested Citation

Peltzman, Sam, The Anatomy of Marital Happiness (February 21, 2025). George J. Stigler Center for the Study of the Economy & the State Working Paper No. 355, University of Chicago Coase-Sandor Institute for Law & Economics Research Paper No. 25-12, Available at SSRN: https://ssrn.com/abstract=5148219 or http://dx.doi.org/10.2139/ssrn.5148219

Sam Peltzman (Contact Author)

University of Chicago, Booth School of Business ( email )

5807 S. Woodlawn Avenue
Chicago, IL 60637
United States

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