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The first table contains a list of U.S. states and territories by annual median income. The second table contains a list of U.S. states and territories by annual mean wage. Information from an unknown source; 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]
As a reference point, the US minimum wage since 2009 has been $7.25 per hour or $15,080 for the 2080 hours in a typical work year. The minimum wage is approximately 25% over the official U.S. government-designated poverty income level for a single person unit (before taxes) and about 63% of the designated poverty level for a family of four ...
Wages adjusted for inflation in the US from 1964 to 2004 Unemployment compared to wages. Wage data (e.g. median wages) for different occupations in the US can be found from the US Department of Labor Bureau of Labor Statistics, [5] broken down into subgroups (e.g. marketing managers, financial managers, etc.) [6] by state, [7] metropolitan areas, [8] and gender.
Find Out: Here’s What the US Minimum Wage Was the Year You Were Born. 2. Idaho. Workers in Idaho got an 18.89% increase in average wages, where salaries have gone from $46,800 to $55,640. Duris ...
While wages for women have increased greatly, median earnings of male wage earners have remained stagnant since the late 1970s. [ 7 ] [ 8 ] Household income, however, has risen due to the increasing number of households with more than one income earner and women's increased presence in the labor force .
The salary distribution is right-skewed, therefore more than 50% of people earn less than the average net salary. These figures have been shrunk after the application of the income tax . In certain countries, actual incomes may exceed those listed in the table due to the existence of grey economies .
Average wages can differ from median wages; for example, the Social Security Administration estimated that the 2020 average wage in the United States was $53,383, while the 2020 median wage was $34,612. [1]
On average, the United States' real per capita personal income grew at an annual rate of 2.27% over 1959–2020. The United States posted its highest growth in 1984 (5.53%) and posted its lowest growth in 2009 (−3.87%). [ 2 ]