What Is The Average Salary In The US?

Research Summary. The average salary in the U.S. continues increasing every year and currently sits at a mean of $61,900 per year. However, what an individual earns fluctuates depending on multiple factors, including age, gender, education level, occupation, and race.

After extensive research, our data analysis team concluded:

• The weekly median wage in the U.S. is $1,100 in 2023.

• Annual U.S. salaries can vary by more than 75%, depending on the occupational group.

• While there remains a significant salary gap between men and women, those aged 45 to 54 earn the most.

• Individuals with higher education levels typically earn greater salaries — more than double, in some instances — than those with less education.

• Asian workers typically earn the highest salaries, followed by White, Black, and Hispanic employees.

• Among salary levels, 16.5% of U.S. households earn between $50,000 and $74,999, followed by $100,000 to $149,999 (15.3%) and $35,000 to $49,999 (11.6%).

General U.S. Salary Statistics

While the mean U.S. salary is more than $60,000 annually, more than 11% of the U.S. population currently lives at or below poverty thresholds.

• As of May 2023, the median hourly wage in the U.S. is $22.26, and the mean hourly wage is $29.76.

• In the second quarter of 2023, the median weekly earnings of full-time workers were $1,100.

• According to one Pew Research study, middle-income earnings vary between $40,100 and $120,400 per year.

• In 2022, 50% of U.S. adults lived in middle-income households, with 29% in lower-income households and 21% in upper-income households.

• Over 37 million Americans, or 11.6% of the U.S. population—lived in poverty. This was a 1.75% increase over 2020.

Average Salary Statistics by Occupational Group

U.S. workers employed in management ($131,200) and legal ($124,540) occupations earn the most per year, while those who work in serving/food preparation ($32,130) and healthcare support ($35,560) occupations earn the least. Here’s a complete breakdown:

Average U.S. Salary by State and Territory

Workers in the District of Columbia ($102,060) earn significantly more per year than employees in other states. Massachusetts ($76,600) and New York ($74,870) rank second and third, respectively.

At the other end of the spectrum, workers in Mississippi earn the least, at an average of $45,180 per year.

Average U.S. Salary Statistics By Year

In the U.S., workers’ average net compensation has increased year after year since 1991. The most significant increases occurred recently between 2018 and 2019 ($1,916) and between 2017 and 2018 ($1,749).

Here’s how all the numbers have played out since 1991:

• 1991: $20,923.84

• 1992: $22,001.92

• 1993: $22,191.14

• 1994: $22,786.73

• 1995: $23,700.11

• 1996: $24,859.17

• 1997: $26,309.73

• 1998: $27,686.75

• 1999: $29,229.69

• 2000: $30,846.09

• 2001: $31,581.97

• 2002: $31,898.70

• 2003: $32,678.48

• 2004: $34,197.63

• 2005: $35,448.93

• 2006: $37,078.27

• 2007: $38,760.95

• 2008: $39,652.61

• 2009: $39,054.62

• 2010: $39,959.30

• 2011: $41,211.36

• 2012: $42,498.21

• 2013: $43,041.39

• 2014: $44,569.20

• 2015: $46,119.78

• 2016: $46,640.94

• 2017: $48,251.57

• 2018: $50,000.44

• 2019: $51,916.27

• 2020: $53,383.18

• 2021: $58,129.99

Average U.S. Salary Statistics by Gender

The U.S. has one of the most significant wage disparities between men and women globally, although the gap has continuously narrowed since 1979. Still, women of all races earn meaningfully less than men for the same position.

• As of the second quarter of 2023, women had median weekly earnings of $996, or 84% of the $1,186 median for men. Comparably, women’s earnings were 62% of men’s in 1979, 70% during the 1980s, 77% during the 1990s, and between 80% and 83% since 2004.

• Based on race and ethnicity, white women earned 82.4% as much as their male counterparts, compared with:

  • 94.8% for Black women;

  • 83.5% for Asian women;

  • 85.0% for Hispanic women.

• Men and women employed in management, professional, and related occupations earned the highest median weekly salary of $1,775 and $1,344, respectively. On the other hand, men and women employed in service occupations made the least at $793 and $662 per week, respectively.

• The U.S. has one of the largest wage gaps between genders (17.7%), outpaced only by Latvia (20.3%), Japan (22.5%), Israel (22.7%), and Korea (31.5%).

U.S. Salary Statistics by Race

On average, White workers earn more than Black and Hispanic employees, but not more than Asian workers.

• As of 2023, for full-time jobs, the median weekly earnings of Blacks ($886) and Hispanics ($868) were lower than those of Whites ($1,130) and Asians ($1,468).

• The median weekly earnings for Black men were $909, or 74.4% of the median for White men ($1,222).

• Median earnings for Hispanic men were $917, or 75% of the median for White men.

• Black women’s median earnings were $862, or 85.6% of those for White women ($1,007).

• Hispanic women’s earnings were $779, or 77.4% of those for White women.

• Asian men’s ($1,573) and women’s ($1,313) earnings were meaningfully higher than their White counterparts.

U.S. Salary Statistics By Age

In general, the older an employee is, the more they’ll earn. However, data indicate a peak for men and women between the ages of 45 and 54, followed by a slight decline after the age of 55.

Annually, here are the average incomes in 10-year increments:

• Age 25: $38,805.53

• Age 35: $70,756.02

• Age 45: $76,259.75

• Age 55: $80,704.96

• Age 65: $86,932.04

To fall into the top 1% (99th percentile), workers need to earn different amounts, depending on their age. For example:

• Age 25: $164,012

• Age 35: $403,800

• Age 45: $445,000

• Age 55: $495,530

• Age 65: $565,707

U.S. Salary Statistics by Education

Data indicate the higher a person’s educational attainment, the more they’ll earn. In fact, an individual with a bachelor’s degree makes more than double the average weekly wage of someone with no high school diploma.

• By educational attainment, full-time workers age 25 and over earned the following per week:

  • No high school diploma: $682

  • High school graduates (no college): $884

  • Bachelor’s degree: $1,621

• These numbers represent increases of $162, $172, $448, respectively, compared to 2017.

• Among male college graduates with advanced degrees, the highest-earning 10% made $4,508+ per week, compared with $2,919+ for females.

U.S. Salary Statistics by Household Income

Real median household income increased by 1.3% from $79,405 in 2022 to $80,440 in 2023. Here’s how it was distributed:

• Under $15,000: 9.4%

• $15,000 to $24,999: 8.7%

• $25,000 to $34,999: 8.1%

• $35,000 to $49,999: 11.6%

• $50,000 to $74,999: 16.5%

• $75,000 to $99,999: 12.2%

• $100,000 to $149,999: 15.3%

• $150,000 to $199,999: 8%

• $200,000 and over: 10.3%

When it comes to all races, the real median household income is $80,440. Broken down, we find the following:

• Black: $48,297

• Hispanic (any race): $57,981

• White, not Hispanic: $77,999

• Asian: $101,418

Average US Salary FAQ

1. What is the average salary in the U.S.?

   The average weekly salary in the U.S. is $1,100 per week, or over $57,000 annually in 2023. However, salary can vary greatly depending on someone’s occupational group, age, gender, race, education level and location, among other things.

   For example, annual U.S. salaries can vary by more than 75%, depending on the occupational group. The average annual salary for someone in management is $131,200, while the average salary for someone in serving and food preparation is only $32,130.

2. What’s considered middle-class income?

   Middle-class income earnings range between $40,100 and $120,400 per year. As of 2023, 50% of US households would fall within the middle-class range, while 29% are lower-income, and 21% are upper-income.

3. How much do you have to earn to be in the top 1%?

   U.S. workers have to make at least $955,000 annually to be in the top 1% of wage earners in 2023. However, this also depends on the age, as someone who’s only 25 might only need to make $164,012 to be in the top 1% of their age group.

4. How much higher are U.S. men’s salaries than women’s?

   Men’s salaries are on average 17% higher than women’s as of 2022. Based on race and ethnicity, white women earned 82.4% as much as their male counterparts, compared with:

   94.8% for Black women;

   83.5% for Asian women;

   85.0%for Hispanic women.

Conclusion

While it’s positive that the average U.S. worker’s salary has increased every year since 2009, there’s still a lot of progress to make when it comes to disparities based on gender and race. Furthermore, a meaningful percentage of the population (more than one in 10) lives at or below poverty levels.

Sources

1. U.S. Bureau of Labor Statistics. May 2022 National Occupational Employment and Wage Estimates. Accessed on 5/23/23.

2. U.S. Bureau of Labor Statistics. Usual Weekly Earnings of Wage and Salary Workers Second Quarter 2023. Accessed on 5/23/23.

3. Social Security Administration. Measures Of Central Tendency For Wage Data. Accessed on 5/23/23.

4. Organisation for Economic Co-operation and Development. Gender wage gap. Accessed on 5/23/23.

5. Statista. Percentage distribution of household income in the U.S. in 2020. Accessed on 5/23/23.

6. United States Census Bureau. Income and Poverty in the United States: 2020. Accessed on 5/23/23.

7. U.S. Bureau of Labor Statistics. Median usual weekly earnings of full-time wage and salary workers by age and sex. Accessed on 5/23/23.

8. DQYDJ. Average Income by Age plus Median, Top 1%, and All Income Percentiles. Accessed on 5/23/23.

9. U.S. Bureau of Labor Statistics. Measuring the value of education. Accessed on 5/23/23.

10. National Center for Education Statistics. Annual Earnings by Educational Attainment. Accessed on 5/23/23.

11. United States Census Bureau. Poverty Thresholds. Accessed on 5/23/23.

12. Pew Research Center. Are you in the American middle class? Accessed on 5/23/23.

13. Pew Research Center. Most Americans Say There Is Too Much Economic Inequality in the U.S., but Fewer Than Half Call It a Top Priority. Accessed on 5/23/23.

14. Healthcare.gov. Federal poverty level (FPL) Accessed on 5/23/23.

Author

Chris Kolmar

Chris Kolmar is a co-founder of Zippia and the editor-in-chief of the Zippia career advice blog. He has hired over 50 people in his career, been hired five times, and wants to help you land your next job. His research has been featured on the New York Times, Thrillist, VOX, The Atlantic, and a host of local news. More recently, he's been quoted on USA Today, BusinessInsider, and CNBC.