Wages in the United States increased 4.72 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - United States Wages and Salaries Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Between 1914 and 1969, weekly wages in manufacturing industries in the United States grew by a factor of 12. In the first half of the century, the most significant periods of increase came during the World Wars, as manufacturing industries were at the core of the war effort. However, wages then fell sharply after both World Wars, due to post-war recessions and oversaturation of the job market as soldiers returned home. Interwar period Wage growth during the interwar period was often stagnant, despite the significant economic growth during the Roarin' 20s, and manufacturing wages remained steady at around 24 dollars from 1923 to 1929. This was, again, due to oversaturation of the job market, as employment in the agricultural sector declined due to mechanization and many rural workers flocked to industrial cities in search of employment. The Great Depression then saw the largest and most prolonged period of decline in manufacturing wages. From September 1929 to March 1933, weekly wages fell from 24 dollars to below 15 dollars, and it would take another four years for them to return to pre-Depression levels. Postwar prosperity After the 1945 Recession, the decades that followed the Second World War then saw consistent growth in manufacturing wages in almost every year, as the U.S. cemented itself as the foremost economic power in the world. This period is sometimes referred to as the Golden Age of Capitalism, and the U.S. strengthened its economic presence in Western Europe and other OECD countries, while expanding its political and military presence across Asia. Manufacturing and exports played a major role in the U.S.' economic growth in this period, and wages grew from roughly 40 dollars per week in 1945 to more than 120 dollars by the late 1960s.

Graph and download economic data for Real Median Personal Income in the United States (MEPAINUSA672N) from 1974 to 2023 about personal income, personal, median, income, real, and USA.

Graph and download economic data for Real Median Family Income in the United States (MEFAINUSA672N) from 1953 to 2023 about family, median, income, real, and USA.

In 2023, the usual median hourly rate of a worker's wage in the United States was 19.24 U.S. dollars, a decrease from the previous year. Dollar value is based on 2023 U.S. dollars. In 1979, the median hourly earnings in the U.S. was 17.48 dollars.

In the U.S., median household income rose from 51,570 U.S. dollars in 1967 to 80,610 dollars in 2023. In terms of broad ethnic groups, Black Americans have consistently had the lowest median income in the given years, while Asian Americans have the highest; median income in Asian American households has typically been around double that of Black Americans.

This data collection provides selected economic, social, demographic, and political information for 48 states of the United States during the 1950s and 1960s. Variables describe population characteristics, such as the number of adults aged 65 and over, the number of dentists and physicians, the number of patients in mental hospitals, the death rates of white and non-white infants under one year of age per 1,000 live births, respectively, the number of recipients of public assistance such as Aid to Families with Dependent Children (AFDC), elementary and secondary school enrollment, enrollment in vocational programs, the total number of students in higher education, the number of those conferred with M.A. and Ph.D. degrees, and the number of workers in research experiment stations. Other variables provide economic information, such as personal income per capita, average monthly payment per recipient of some public assistance programs, average salary per month for full-time state and local employees, state and local government revenues and expenditures, and various intergovernmental revenues from the federal government for certain services. Additional variables record crime statistics, such as the number of robbery, burglary, larceny, auto theft, assault, rape, and murder offenses per 100,000 of the population. There are also variables that give information on each state's topography, such as the acreage of state parks, total farm acreage, municipal road mileage, and total unsurfaced road mileage.

Wages in China increased to 120698 CNY/Year in 2023 from 114029 CNY/Year in 2022. This dataset provides - China Average Yearly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Gross National Income for United States (MKTGNIUSA646NWDB) from 1960 to 2024 about GNI, income, and USA.

In 2022, about 14.88 million households in the United States had an income of 200,000 U.S. dollars or more a year. Another 20.77 million households however, had an income of less than 25,000 U.S. dollars in the same year, The total number of households in the U.S. since 1960 can be found here.

Graph and download economic data for Average Hourly Earnings, Electrical Manufacturing for United States (M0811BUSM259NNBR) from Jan 1947 to Dec 1960 about electronics, earnings, hours, manufacturing, and USA.

United States US: GDP: USD: Gross National Income data was reported at 19,607.598 USD bn in 2017. This records an increase from the previous number of 18,968.714 USD bn for 2016. United States US: GDP: USD: Gross National Income data is updated yearly, averaging 5,447.032 USD bn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 19,607.598 USD bn in 2017 and a record low of 546.400 USD bn in 1960. United States US: GDP: USD: Gross National Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Gross Domestic Product: Nominal. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;

In the 1st quarter of 2025, personal savings amounted to 3.97 percent of the disposable income in the United States. The personal savings rate peaked in 2020, when U.S. households saved on average over 15 percent of their income. After that, it has remained between three and five percent. Savings during recessions During recessions, households often tend to increase their savings due to economic uncertainty and to compensate for any possible loss of income, which could occur, for example, in the case of falling into unemployment. For example, as seen in this statistic, the savings rate increased noticeably between 2007 and 2012, coinciding with a period of crisis. However, there are also factors that affect the amount of money that households can manage to set aside, such as inflation. Saving can be particularly difficult during periods when the inflation rate has been higher than the growth rates of wages. Savings accounts The value of savings deposits and other checkable deposits in the U.S. amounted to roughly 11 trillion U.S. dollars in early 2025, even after a significant fall in the amount of money placed in those types of instruments. In other words, savings accounts are a type of financial asset that is very widely used among households to save money. Nevertheless, interest rates of savings’ accounts differ a lot from one financial institution to another. Some of the lesser-known online banks had the highest interest rates, while the major banks often offered lower interest rates.

When adjusted for inflation, the 2024 federal minimum wage in the United States is over 40 percent lower than the minimum wage in 1970. Although the real dollar minimum wage in 1970 was only 1.60 U.S. dollars, when expressed in nominal 2024 dollars this increases to 13.05 U.S. dollars. This is a significant difference from the federal minimum wage in 2024 of 7.25 U.S. dollars.

United States US: GDP: Real: Net Income from Abroad data was reported at 180.807 USD bn in 2016. This records a decrease from the previous number of 189.509 USD bn for 2015. United States US: GDP: Real: Net Income from Abroad data is updated yearly, averaging 46.389 USD bn from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 240.846 USD bn in 2011 and a record low of -25.569 USD bn in 1969. United States US: GDP: Real: Net Income from Abroad data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Gross Domestic Product: Real. Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

United States US: GDP: Gross National Income data was reported at 19,607.598 USD bn in 2017. This records an increase from the previous number of 18,968.714 USD bn for 2016. United States US: GDP: Gross National Income data is updated yearly, averaging 5,447.032 USD bn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 19,607.598 USD bn in 2017 and a record low of 546.400 USD bn in 1960. United States US: GDP: Gross National Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Gross Domestic Product: Nominal. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

United States US: GDP: Net Income from Abroad data was reported at 197.082 USD bn in 2016. This records a decrease from the previous number of 204.520 USD bn for 2015. United States US: GDP: Net Income from Abroad data is updated yearly, averaging 28.758 USD bn from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 246.639 USD bn in 2011 and a record low of -6.100 USD bn in 1969. United States US: GDP: Net Income from Abroad data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Gross Domestic Product: Nominal. Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Germany DE: GDP: USD: Gross National Income data was reported at 4,636.237 USD bn in 2023. This records an increase from the previous number of 4,241.259 USD bn for 2022. Germany DE: GDP: USD: Gross National Income data is updated yearly, averaging 1,903.976 USD bn from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 4,636.237 USD bn in 2023 and a record low of 84.771 USD bn in 1960. Germany DE: GDP: USD: Gross National Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Germany – Table DE.World Bank.WDI: Gross Domestic Product: Nominal. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;

Venezuela VE: GDP: USD: Gross National Income data was reported at 476.934 USD bn in 2014. This records an increase from the previous number of 359.262 USD bn for 2013. Venezuela VE: GDP: USD: Gross National Income data is updated yearly, averaging 56.409 USD bn from Dec 1960 (Median) to 2014, with 55 observations. The data reached an all-time high of 476.934 USD bn in 2014 and a record low of 8.204 USD bn in 1960. Venezuela VE: GDP: USD: Gross National Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Gross Domestic Product: Nominal. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;

Austria AT: GDP: USD: Gross National Income data was reported at 510.079 USD bn in 2023. This records an increase from the previous number of 470.636 USD bn for 2022. Austria AT: GDP: USD: Gross National Income data is updated yearly, averaging 182.285 USD bn from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 510.079 USD bn in 2023 and a record low of 6.691 USD bn in 1960. Austria AT: GDP: USD: Gross National Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Austria – Table AT.World Bank.WDI: Gross Domestic Product: Nominal. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;