In 2023, the average wage and salary per full-time equivalent employee in the United States was at 81,359 U.S. dollars. Wage and salary accruals include executives' compensation, bonuses, tips, and payments-in-kind. Wage and salary accruals by industry data may be accessed here.

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.

In November 2024, the average hourly earnings of all employees in the United States was at 11.25 U.S. dollars. The data have been seasonally adjusted. The deflators used for constant-dollar earnings shown here come from the Consumer Price Indexes Programs. The Consumer Price Index for All Urban Employees (CPI-U) is used to deflate the data for all employees. A comparison of the rate of wage growth versus the monthly inflation since 2020 rate can be accessed here. Real wages are wages that have been adjusted for inflation.

In 2023, the average wage and salary per full-time equivalent employee in the mining industry in the United States was at 126,707 U.S. dollars. The highest wage and salary per FTE was found in the information industry, at 164,400 U.S. dollars.

As of 2023, the median wage for employees in healthcare support occupations was about 36,140 U.S. dollars. The occupational group with the highest annual median wage was management occupations. Mean wages for the same occupational groups can be accessed here.

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.

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.

In 2023, the average wage in private industry in Alabama was at 58,993 U.S. dollars. This was nearly half of the annual average wages per employee in the District of Columbia, at 112,048 U.S. dollars. That year, the District of Columbia, Massachusetts, and New York were the top ranked states in terms of average wages per employee.

This graph shows average wages around the world in 2012 as calculated by purchasing power parity. In 2012 the highest average wage was earned in Luxembourg at 4,089 purchasing power parity dollars. Wages and salaries Wages and salaries in the United States have increased during the last decades. The median weekly earnings of a full-time wage and salary worker were about 241 U.S. dollars in 1979 and shifted up to 768 U.S. dollars in 2012.

The median earnings of U.S. full-time wage and salary workers vary across their educational attainment. The highest paid workers are those who hold a bachelor’s degree, according to the U.S. Bureau of Labor Statistics.

The U.S. federal government specified minimum wage laws for workers in the United States, which say that workers must be paid no less than the current federal minimum wage. The minimum wage was set at 7.25 U.S. dollars per hour by federal law. The actual minimum wage varies from state to state, as some states have additional minimum wage laws.

For instance, the minimum wage in Washington was around 9.04 U.S. dollars per hour, while the worst minimum wage can be found in Georgia, where workers earn at least 5.15 U.S. dollars per hour. No minimum wages can be found in Tennessee, Alabama, Louisiana, South Carolina and Mississippi, as of January 1, 2012.

The number of workers paid hourly rates with earnings at or below the minimum wage in the U.S. was at its highest in the industry type of leisure and hospitality in 2013.

Recent statistics show that the share of female workers paid hourly rates at or below prevailing federal minimum wage in the United States decreased since 1979. In that year, 20.2 percent of the female wage and salary workers were paid below the federal minimum wage, while only 2.9 percent of the female workers were paid below the federal minimum wage in 2006.

In 2023, the median annual earnings of full-time male workers in the United States stood at 66,790 U.S. dollars after being adjusted for inflation, which was significantly higher than the median earnings of full-time women at 52,850. For further reading, see the female to male earnings ratio.

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 October 2024, the average hourly earnings for all employees on private nonfarm payrolls in the United States stood at 35.46 U.S. dollars. The data have been seasonally adjusted. Employed persons are employees on nonfarm payrolls and consist of: persons who did any work for pay or profit during the survey reference week; persons who did at least 15 hours of unpaid work in a family-operated enterprise; and persons who were temporarily absent from their regular jobs because of illness, vacation, bad weather, industrial dispute, or various personal reasons.

In 2023, the average annual wage in California was 91,700 U.S. dollars, an increase from the year prior, when the average wage in the U.S. state was 87,919. The average annual wages are expected to rise in California, with the annual wage in 2027 estimated to reach over 105,000 U.S. dollars.

This statistic shows the average annual total money earnings of individuals in the United States in 2023, by age group. In 2023, the average worker in the United States aged 45 to 54 earned an average of 84,320 U.S. dollars per year. That made 45 to 54-year-olds the highest earning age group, on average, in 2023.

In 2023, the usual median hourly rate of a Hispanic worker's wage in the United States was 18.1 constant 2023 U.S. dollars. Black or African American workers earned the least on average, with an hourly wage of 18.1 U.S. dollars.

In December 2024, inflation amounted to 2.9 percent, while wages grew by 4.2 percent. The inflation rate has not exceeded the rate of wage growth since January 2023. Inflation in 2022 The high rates of inflation in 2022 meant that the real terms value of American wages took a hit. Many Americans report feelings of concern over the economy and a worsening of their financial situation. The inflation situation in the United States is one that was experienced globally in 2022, mainly due to COVID-19 related supply chain constraints and disruption due to the Russian invasion of Ukraine. The monthly inflation rate for the U.S. reached a 40-year high in June 2022 at 9.1 percent, and annual inflation for 2022 reached eight percent. Without appropriate wage increases, Americans will continue to see a decline in their purchasing power. Wages in the U.S. Despite the level of wage growth reaching 6.7 percent in the summer of 2022, it has not been enough to curb the impact of even higher inflation rates. The federally mandated minimum wage in the United States has not increased since 2009, meaning that individuals working minimum wage jobs have taken a real terms pay cut for the last twelve years. There are discrepancies between states - the minimum wage in California can be as high as 15.50 U.S. dollars per hour, while a business in Oklahoma may be as low as two U.S. dollars per hour. However, even the higher wage rates in states like California and Washington may be lacking - one analysis found that if minimum wage had kept up with productivity, the minimum hourly wage in the U.S. should have been 22.88 dollars per hour in 2021. Additionally, the impact of decreased purchasing power due to inflation will impact different parts of society in different ways with stark contrast in average wages due to both gender and race.

In 2023 in the United States, the median hourly rate of a worker's wage between 20 and 24 years old was 16.4 current U.S. dollars. Workers between the ages of 35 and 44 years old had the highest hourly wage in that year, at 21.2 current U.S. dollars.

This statistic depicts the average hourly and annual wages of employees in the retail sector in the United States in 2023, by job type. In that year, cashiers within the U.S. retail industry made about 14.76 U.S. dollars per hour on average. Annually, this would equate to approximately 30,700 U.S. dollars.

In 2023, the real median household income for householders aged 15 to 24 was at 54,930 U.S. dollars. The highest median household income was found amongst those aged between 45 and 54. Household median income for the United States since 1990 can be accessed here.

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.