How Much Does The Average American Make A Month Looking at median household income by race Asian Americans earn the most making 112 800 a year while Black or African American earners make the least bringing in a median of 56 490
While the average American income depends heavily on the industry field and experience you might be surprised to learn how your income stacks up against the rest of the country Approximately 33 6 of Americans make over 100 000 per year 15 3 of that number are those who make between 100 000 150 000 and only 0 1 make over a Average US salary by sex In the BLS survey sample of 60 000 US households men earn a median wage of 1 227 per week or 63 804 per year 5 By comparison women earn a median wage of 1 021 per week or 53 092 per year almost 20 less than men 6 With race and ethnicity factored in the pay disparity between the sexes changes a bit
How Much Does The Average American Make A Month
How Much Does The Average American Make A Month
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Why Do States Have Different Average Salaries The chart shows that the average salary in some states is quite different from the average salary nationwide Only 12 1 of Americans make in the 75 000 to 99 999 range An additional 17 make between 100 000 and 149 000 and 15 7 earn in the 50 000 to 74 999 range The average American salary is 61 900 per year which breaks down to an hourly wage of 29 76 The highest average wage was for cardiologists who on average earn 421 330 per year or 202 56 per hour They are the only occupation with an average hourly rate of over 200
That s a difference of 7 844 or around two months worth of average monthly wages 1 How Much Does the Average American Make a Year Let s analyze the same BLS report from before The data for the first quarter of 2022 allows us to calculate the expected sum the average American will earn by the end of the year which stands at 53 560 This is up 5 4 from the same time period in 2022 when the average American was making 56 316 per year Average weekly earnings reached 1 142 while the average American made 4 949 per month in Q4 of 2023 While salaries are up salary growth is down the increase in average earnings is lower compared to the 7 3 rise between 2021 and
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In December 2024 the latest month for which state level data is available Washington state had the highest average weekly wage at 1 476 per week and New Mexico s was the lowest at 974 Each item in this basket is given a weight that reflects how much the average urban household spends on it Items with higher weights like shelter How Much Does the Average American Make According to the U S Bureau of Labor Statistics the median weekly earnings for full time workers in the fourth quarter of 2022 was 1 085 This was measured based on the earnings of 118 8 million full time wage and salary workers
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