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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.
This statistic shows the median income of homeowners homeowners in the United States from 2005 to 2017. In 2017, the median income of homeowners reached ****** U.S. dollars, up from ****** U.S. dollars in 2011.
The median family income in the United States grew to 100,800 U.S. dollars in 2023, an increase on the previous year. Family income is the total income earned by all family members who have been living in the household for at least one year and are at least 14 years old.
In 2023 the mean earnings of Bachelor's degree holders in the United States amounted to 86,970 U.S. dollars. People with higher education degrees tended to earn more than those without. For example, high school graduates, including those with a GED, had mean earnings of 46,720 U.S. dollars.
This statistic shows the median household income in the United States from 1990 to 2023 in 2023 U.S. dollars. The median household income was 80,610 U.S. dollars in 2023, an increase from the previous year. Household incomeThe median household income depicts the income of households, including the income of the householder and all other individuals aged 15 years or over living in the household. Income includes wages and salaries, unemployment insurance, disability payments, child support payments received, regular rental receipts, as well as any personal business, investment, or other kinds of income received routinely. The median household income in the United States varies from state to state. In 2020, the median household income was 86,725 U.S. dollars in Massachusetts, while the median household income in Mississippi was approximately 44,966 U.S. dollars at that time. Household income is also used to determine the poverty line in the United States. In 2021, about 11.6 percent of the U.S. population was living in poverty. The child poverty rate, which represents people under the age of 18 living in poverty, has been growing steadily over the first decade since the turn of the century, from 16.2 percent of the children living below the poverty line in year 2000 to 22 percent in 2010. In 2021, it had lowered to 15.3 percent. The state with the widest gap between the rich and the poor was New York, with a Gini coefficient score of 0.51 in 2019. The Gini coefficient is calculated by looking at average income rates. A score of zero would reflect perfect income equality and a score of one indicates a society where one person would have all the money and all other people have nothing.
The graph shows the average salaries of college faculty members in public institutions from 2005 to 2019. The average salary of a professor in a public college in 2019 was 128,200 thousand U.S. dollars.
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Graph and download economic data for Employed full time: Median usual weekly nominal earnings (second quartile): Wage and salary workers: 25 to 34 years: Foreign born (LEU0257369100A) from 2005 to 2024 about 25 to 34 years, second quartile, foreign, full-time, salaries, workers, earnings, wages, median, employment, and USA.
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Graph and download economic data for Employed full time: Wage and salary workers: 35 to 44 years: Native born (LEU0257372800A) from 2005 to 2024 about 35 to 44 years, native born, full-time, salaries, workers, wages, employment, and USA.
In 2023, the median hourly earnings of wage and salary workers in the United States was 19.24 U.S. dollars. This is an increase from 1979, when median hourly earnings were at 4.44 U.S. dollars. Hourly Workers The United States national minimum wage is 7.25 U.S. dollars per hour, which has been the minimum wage since 2009. However, each state has the agency to set their state minimum wage. Furthermore, some cities are able to create their minimum wage. Many argue that the minimum wage is too low and should be raised, because it is not considered a living wage. There has been a movement to raise the minimum wage to 15 U.S. dollars per hour, called “Fight for 15” which began in the early 2010s. While there has been no movement at the federal level, some states have moved to increase their minimum wages, with at least three states and the District of Columbia setting minimum wage rates at or above 15 dollars per hour. More recently, some proponents of increasing the minimum wage say that 15 dollars is too low, and lawmakers should strive toward a higher goal, especially given that a 2021 analysis found that the minimum wage in the U.S. should be 22.88 U.S. dollars if it grew at the same rate as economic productivity. Salary Workers On the other hand, salary workers in the United States do not get paid on an hourly basis. The median weekly earnings of salary workers have significantly increased since 1979. Asian salary workers had the highest hourly earnings in the U.S. in 2021. Among female salary workers, those ages 45 to 54 years old had the highest median hourly earnings in 2021, likewise for male salary workers.
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Graph and download economic data for Employed full time: Median usual weekly nominal earnings (second quartile): Wage and salary workers: 16 years and over: White: Non-Hispanic: Native born (LEU0257375000A) from 2005 to 2024 about native born, second quartile, full-time, salaries, workers, earnings, white, 16 years +, wages, median, non-hispanic, employment, and USA.
The average salary of people employed in the manufacturing of construction machinery in the United States increased in 2024 after a period of stagnation. That year, the average employee in that segment of the manufacturing industry earned around ****** U.S. dollars. Wages experienced a period of strong growth between 2005 and 2011.
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.
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Graph and download economic data for Employed full time: Earnings of foreign born as percent of native born: Median usual weekly nominal earnings (second quartile): Wage and salary workers: 25 years and over (LEU0257371800A) from 2005 to 2024 about native born, second quartile, foreign, full-time, 25 years +, salaries, workers, earnings, wages, percent, median, employment, and USA.
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Graph and download economic data for Employed full time: Wage and salary workers: 65 years and over: Native born (LEU0257373100A) from 2005 to 2024 about 65 years +, native born, full-time, salaries, workers, wages, employment, and USA.
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Graph and download economic data for Employed full time: Wage and salary workers: 16 years and over: Men: Foreign born (LEU0257367000A) from 2005 to 2024 about foreign, full-time, males, salaries, workers, 16 years +, wages, employment, and USA.
This graph shows the average full-time weekly wage for those aged 25 and over, as distinguished by educational attainment level in the United States from 2005 to 2009. In 2009, those with a bachelor's degree or higher earned an average weekly wage of 1,137 U.S. dollars.
As one of the biggest sports leagues in America with TV viewers reaching into the millions, Major League Baseball can afford to pay its players handsomely. The average salary for a player in the MLB stood at 4.98 million U.S. dollars in 2024. This marks a twofold increase on the average salary in 2005. Highs and lows of MLB salaries While the stars of every MLB team take home millions every year, there is still a minimum player salary in place to ensure that all players are compensated for their efforts. The 2024 MLB minimum player salary was set at 740 thousand U.S. dollars, a significant increase on the minimum of 300 thousand U.S. dollars in 2003. The league’s top earners The highest earner in the MLB in 2024 was the starting pitcher for the Los Angeles Dodgers, Shohei Ohtani. The three-time All-Star took home an annual base salary of 70 million U.S. dollars in the 2024 season. Due to their prominent role on the team, it is unsurprising that a majority of the top earners in the MLB were pitchers.
In 2023, the average annual wage in South Korea fell to 47,715 U.S. dollars after adjusting for purchasing power parity (PPP). The average salary in South Korea showed a general trend of positive growth within the given period. The monthly wage was projected to reach over 5,400 U.S. dollars in 2040, the highest value among the surveyed countries. Work-life balance South Korea has some of the longest working hours in the world. Although working hours in the country have decreased over the past decade, measures such as flexible working hours have been implemented to promote a better work-life balance. Nevertheless, South Korea still ranks among the top five countries with the longest working hours in the Organization for Economic Cooperation and Development (OECD). Many South Koreans tend to prefer working for a company that offers a good work-life balance rather than a company that offers a higher salary. This preference is especially strong among parents. Women in the job market While the employment rate of South Korean women has increased steadily over the past decade, the gender pay gap persists. On average, female workers earned about 65 percent of their male counterparts’ income. The average monthly salary in South Korea was around 4.26 million South Korean won for men and about 2.78 million won for women that year.
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Graph and download economic data for Employed full time: Wage and salary workers: 55 to 64 years: Foreign born (LEU0257367600A) from 2005 to 2024 about 55 to 64 years, foreign, full-time, salaries, workers, wages, employment, and USA.
The median total income in Canada increased by 1,440 dollars (+3.46 percent) in 2022. With 43,090 dollars, the median total income thereby reached its highest value in the observed period.
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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.