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Average wage in the United States was $69,392 in 2020. [1] Median income per person in the U.S. was $42,800 in 2019. [2] The average is higher than the median because there are a small number of individuals with very high earnings, and a large number of individuals with relatively low earnings. (See Income inequality in the United States.)
The salary distribution is right-skewed, therefore more than 50% of people earn less than the average net salary. These figures have been shrunk after the application of the income tax . In certain countries, actual incomes may exceed those listed in the table due to the existence of grey economies .
Personal income is an individual's total earnings from wages, investment interest, and other sources. The Bureau of Labor Statistics reported a median weekly personal income of $1,139 for full-time workers in the United States in Q1 2024. [1]
Let’s take a closer look at the average salary by education level to see what dividends education pays.
Many apprenticeship programs provide a salary to the apprentice during training. A journeyperson electrician is a classification of licensing granted to those who have met the experience requirements for on the job training (usually 4,000 to 6,000 hours) and classroom hours (about 144 hours).
List of countries by average wage; List of American countries by average wage; List of European countries by average wage; One-dollar salary; The average salary in India in 2020. U.S. average salaries by sector
Average wage is the mean salary of a group of workers.This measure is often monitored and used by government or other organisations as a benchmark for the wage level of individual workers in an industry, area or country.
Average wages can differ from median wages; for example, the Social Security Administration estimated that the 2020 average wage in the United States was $53,383, while the 2020 median wage was $34,612. [1]