How Much Does The Average American Make A Year

How Much Does The Average American Make A Year People aged 35 to 44 earn on average 1 303 per week or 67 756 per year over 8 000 more than the national average 2 While salaries rise continuously up to this point they start to fall

The average U S household income in 2022 was 105 555 while the median U S household income was 74 580 Adjusting for inflation median household income dropped 2 2 from 2021 to 2022 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 70 the average income can tell us how much the average American is willing to spend That s why 54 of Americans living paycheck to paycheck is not only bad for individual people but also bad for the economy

How Much Does The Average American Make A Year

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Key Findings The average salary of a full time worker in the US amounts to 76 554 per year The median wage is 56 473 Full time working women earned an average of 65 831 in 2021 77 8 of what men earned in the same year The average salary by state ranges from 42 700 in Mississippi to 98 370 in the District of Columbia How much do the top 10 of Americans make per year The top 10 of Americans earn 173 176 per year Some top earners live in higher cost of living areas so it can be more revealing to see how much the top 10 earn in your state What percentage of Americans make over 75K Only 12 3 of Americans make in the 75 000 to 99 999 range An

Between 2021 and 2022 the number of full time year round workers increased by 3 4 percent compared to a 1 7 percent increase in the number of total workers This suggests a continuing shift from working part time or part year to full time year round work In 2022 65 6 percent of working women worked full time year round The BLS groups median salaries by age brackets The median salary for ages 25 34 in the second quarter of 2023 is 54 184 per year And the median salary for individuals ages 20 24 is 37 024 per year You may notice that the BLS data shows a bigger jump in salary between these two age brackets than the other age ranges

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However Black Americans earned a median income of just 45 870 and Hispanics 55 321 The highest earners of all were Americans of Asian descent at 94 903 per year Why Is a Country s Average The median income for women between 25 and 34 years of age in the US in 2023 was 970 a week Forbes In 2023 the median income for women in the US aged 25 to 34 years was 50 440 annually Women from 20 to 24 years earned 702 a week while those in the 35 to 44 years group earned 1 112 weekly

In 2022 the average annual wages in the United States came to 77 643 U S dollars The number has grown incrementally over the last decades with the annual average having been 57 499 U S dollars Below is a list of 10 cities in the United States along with their annual mean wage as of May 2023 according to the U S Bureau of Labor Statistics Houston Texas 63 510 per year Atlanta Georgia 66 910 per year Philadelphia Pennsylvania 67 880 per year Chicago Illinois 69 490 per year

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How Much Does The Average American Make A Year - West 60 579 Midwest 56 114 South 54 718 Shifting the focus to regional averages we find the Northeast emerging as the leader with an average salary of 65 383 The West comes next with