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Average wage in the United States was $69,392 in 2020. [1] Median income per person in the U.S. was $42,800 in 2019. [ 2 ] The average is higher than the median because there are a small number of individuals with very high earnings, and a large number of individuals with relatively low earnings.
This is a list of U.S. states, territories, and Washington, D.C. by income. Data is given according to the 2023 American Community Survey (ACS) 1-Year Estimates, except for the American Samoa , Guam , the Northern Mariana Islands and the U.S. Virgin Islands , for which the data comes from 2010, as ACS does not operate in these areas.
The federal minimum wage applies in states with no state minimum wage or a minimum wage lower than the federal rate (column titled "No state MW or state MW is lower than $7.25."). Some of the state rates below are higher than the rate on the main table above. That is because the main table does not use the rate for cities or regions.
The Pew Research Center developed the formula, which determined that 52% of adults live in middle-income households, 29% live in lower-income households and 19% live in upper-income households.
New Jersey’s average income was $76,128 in 2023, compared to the average national salary of $59,38, according to data from the federal Bureau of Labor Statistics.
Minimum wage increase in NJ Starting on Jan. 1, 2024, minimum wage will increase by $1 bringing it up to $15.13 per hour for most employees. Additionally, wages will increase for:
All revenues are deposited in the State Treasury for general state use; nothing goes to municipalities. In urban enterprise zones, the state sales tax is cut in half to encourage economic development, resulting in an effective tax rate of 3.3125%. A full list of urban enterprise zones is available on the State of New Jersey website.
New York minimum wage. New York State will raise the minimum wage by $0.50 to $16.50 an hour for employees in New York City, Long Island and Westchester. The rest of the state will also see a $0. ...