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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. (See Income inequality in the United States.)
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 Bureau of Economic Analysis has calculated that the regional price parity of U.S. states ranges from 84.4 in Mississippi (the cheapest state in which to live) to Hawaii at 119.3 (the most expensive state). In other words, an income of $0.84 in Mississippi equals an income of $1.19 in Hawaii with the U.S as a whole having an average PCPI of ...
Alabama. Median income for ages 15 to 24: $29,426 Median income for ages 25 to 44: $29,426 Median income for ages 45 to 64: $73,784 Median income for ages 65 and over: $47,114 Trending Now: The 7 ...
Average salary by age: The highest average earners are aged between 35 and 44, earning 13.8% more than the national average salary. Average income by state: On average, Mississippi is the lowest ...
1. Alabama. Median income: $54,943 Total income taxes paid: $11,496 Tax burden: 20.92% Annual salary taken home: $43,447 Find Out: What the Upper Middle Class Make in Different US Cities Trending ...
Overall median household income by state in 2018 [1] Income in the United States is measured by the various federal agencies including the Internal Revenue Service, Bureau of Labor Statistics, US Department of Commerce, and the US Census Bureau. Additionally, various agencies, including the Congressional Budget Office compile reports on income ...
Median Income by State. Wages often vary based on where you live. In many cases, states with higher costs of living also have higher wages. For example, the median annual income in Hawaii is ...