In 2023, the average annual real wages in the United States amounted to 80,115 U.S. dollars. This shows the average annual wages in the United States from 2000 to 2023 in constant 2023 PPP-adjusted 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.
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.
Average hourly and weekly wage rate, and median hourly and weekly wage rate by North American Industry Classification System (NAICS), type of work, gender, and age group.
An explanation of the national average wage indexing series to index the earnings of individuals for benefit computation purposes.
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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 (LEU0252881500A) from 1979 to 2024 about second quartile, full-time, salaries, workers, earnings, 16 years +, wages, median, employment, and USA.
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Graph and download economic data for Employed full time: Median usual weekly real earnings: Wage and salary workers: 16 years and over: Men (LES1252881900Q) from Q1 1979 to Q4 2024 about full-time, males, salaries, workers, earnings, 16 years +, wages, median, real, employment, and USA.
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This dataset provides values for WAGES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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Graph and download economic data for Average Weekly Earnings of All Employees, Total Private (CES0500000011) from Mar 2006 to Feb 2025 about earnings, establishment survey, private, employment, and USA.
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Wages in Russia increased to 128665 RUB/Month in December from 86399 RUB/Month in November of 2024. This dataset provides the latest reported value for - Russia Average Monthly Wages - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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China Average Wage: Urban Non-private: Year to Date data was reported at 120,698.000 RMB in Dec 2023. This records an increase from the previous number of 114,029.000 RMB for Dec 2022. China Average Wage: Urban Non-private: Year to Date data is updated quarterly, averaging 13,935.500 RMB from Dec 1999 (Median) to Dec 2023, with 70 observations. The data reached an all-time high of 120,698.000 RMB in Dec 2023 and a record low of 2,096.000 RMB in Mar 2000. China Average Wage: Urban Non-private: Year to Date data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Labour Market – Table CN.GC: Average Wage: by Industry: Urban Non-private. [COVID-19-IMPACT]
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Graph and download economic data for Employed full time: Median usual weekly real earnings: Wage and salary workers: 16 years and over: White: Men (LEU0252884000A) from 2000 to 2024 about full-time, males, salaries, workers, earnings, white, 16 years +, wages, median, real, employment, and USA.
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.
Comparison of the average salary of State of Oklahoma employees and the market average salary beginning in fiscal year 2005.
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Wages in Argentina increased to 1148295.73 ARS/Month in June from 1056172.34 ARS/Month in May of 2024. This dataset provides - Argentina Wage Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Wages in Hong Kong increased to 18925 HKD/Month in the third quarter of 2024 from 18721 HKD/Month in the second quarter of 2024. This dataset provides - Hong Kong Wage Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Over this 23-year period, annual wages in Spain fluctuated greatly, ranging from a low of 28,685 euros in 2006 to a high of approximately 31,910 euros in 2009. The average annual wage stood at approximately 30,655 euros in 2023. Compared to other European countries, Spain ranked fairly low in 2022. The annual salary in the Iberian country was similar to salaries in Italy and Slovenia, but remained far from the figures that were registered in France, Ireland and Germany. Minimum wage Spain's minimum monthly wage was 1,134 euros as of 2024. Unlike the average annual wage, it has been constantly increasing on a nearly continuous basis since 2008, when the minimum wage was 600 euros per month. In 2019, the Socialist government of Spain passed a law by that increased the national minimum wage by 164 euros, therefore making it stand at 900 euros per month and reflecting the largest increase to date. Along with the monthly wage, the national minimum daily wage has also been raised consistently over the past years. In 2024, the gross minimum was 37.8 euros a day, whereas in 2000 it was 20 euros a day. Unequal pay The average salary in Spain diverges considerably according to different factors. For instance, the gender salary gap remains significant in the Mediterranean country, although it has shrunk in recent years. In 2021, the average salary for a male full-time employee was around nine percent higher than his female counterpart. The gender gap is even wider for permanent positions: that year, average annual salaries for women were roughly 6,000 euros less than average salaries for men. The salary gap is also conspicuous when looking at the wage for workers with disabilities, a gap that has increased in recent years. Geographic location is also important; the average net salary in regions such as Extremadura and the Canary Islands was less than 23,100 euros per year in 2022, far from the salary in the Basque Country and Madrid (32,300 and 31,200 euros, respectively).
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Graph and download economic data for 12-Month Moving Average of Unweighted Median Hourly Wage Growth for the West South Central Census Division (FRBATLWGT12MMUMHWGWSCCD) from Dec 1997 to Feb 2025 about West South Central Census Division, growth, moving average, 1-year, average, wages, median, and USA.
The analysis of real wages has a long tradition in Germany. The focus of the acquisition is on company wages, on wages of certain branches or for categories of workers as well as on the investigation of long term aggregated nominal and real wages. The study of Ashok V. Desai on the development of real wages in the German Reich between 1871 and 1913 is an important contribution to historical research on wages. The study is innovative and methodically on an exemplary level. But mainly responsible for the upswing in the historical research on wages in the 50s and 60s is an extraordinary publication by Jürgen Kuczynski. “The new historical research on wages in Germany is insolubly connected with Jürgen Kuczynski. In his broad researches the history of wages is only one section among many other themes but it is a very important one can be seen as the core piece of his work.” (Kaufhold, K.H., 1987: Forschungen zur deutschen Preis- und Lohngeschichte (seit 1930). In: Historia Socialis et Oeconomica. Festschrift für Wolfgang Zorn zum 65. Geburtstag. Stuttgart: Franz Steiner Verlag, S, 83). In his first study on long series on nominal and real wages in Germany he used a broad empirical basis and encouraged more research in this area. His weaknesses are methodological inconsistencies and a restricted representativeness. For example he includes tariff wages but also actually paid wages. Some important industries like food or textile industry are not taken into account. Wages in agriculture were often estimated but without enough material necessary for a good estimation. Wages for work at home are not regraded in the calculation of the index. The weight of cities in the calculation of the index is relatively too high compared to rural regions and therefor it leaks regional representativeness.In his study Desai uses the reports of trade associations for the Reich´s insurance office on the persons who are insured in the accident insurance and their wages as a basis for the calculation of annual nominal average wages. Desais focusses on industrial wages because only for them long term series are available. As the insurance premiums are calculated according to the income level the documents of the trade associations can be used for the calculation of an index for wages development. Desais study is also very useful regarding the calculation of a new index for costs of living based the model of a typical worker family. „F. Grumbach and H. König have used the same sources to derive indices of industrial earnings. The main differences between their series and ours are: (a) we have adopted the industrial classification followed by the Reichsversicherungsamt, while Grumbach and König have made larger industrial groups, (b) we have calculated average annual earnings, while they claim to have calculated average daily earnings (i.e. to have adjusted the annual figures for the average number of days worked per year per worker), and (c) they have failed to correct distortions in the original data” (Desai, A.V., 1968: Real Wages in Germany 1871–1913. Oxford. Clarendon Press, S. 4). Register of tables in HISTAT:A. OverviewsA.1 Overview: Different estimations of the real and nominal gross wages in the German Reich, index 1913 = 100 (1871-1913)A.2 Overview: Development of costs of living, index 1913 = 100 (1871-1913)A.3 Overview: Development of nominal and real wages, index 1913=100 (1844-1937) D. Study by Ashok V. DesaiD.01 Different estimations of real wages in the German Reich, index 1895 = 100 (1871-1913)D.02 Annual average wage (1871-1886)D.03 Annual gross wages in chosen production segments (1887-1913)D.04 Annual average wage in industry, transportation and trade (1871-1913)D.05 Construction of an index for costs of living, 1895 = 100 (1871-1913)D.06 Real wages, in constant prices from 1895 (1871-1913)D.07 Wheat prices and prices for wheat bread (1872-1913)D.08 Rye prices and prices for rye bread (1872-1913)D.09 Average export prices by product groups, index 1895 = 100 (1872-1913)D.10 Average import prices by product groups, index 1895 = 100 (1872-1913)D.11 Average export prices, import prices and terms of trade, index 1895 = 100 (1872-1913) O. Study by Thomas J. OrsaghO. Adjusted indices for costs of living and real wages after Orsgah, index 1913 = 100 (1871-1913)
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Graph and download economic data for Employed full time: Median usual weekly real earnings: Wage and salary workers: 16 years and over: Women (LEU0252882800Q) from Q1 1979 to Q4 2024 about females, full-time, salaries, workers, earnings, 16 years +, wages, median, real, employment, and USA.
In 2023, the average annual real wages in the United States amounted to 80,115 U.S. dollars. This shows the average annual wages in the United States from 2000 to 2023 in constant 2023 PPP-adjusted U.S. dollars.