What is the average wage level in the United States?

According to the BLS Bureau of Labor Statistics, this data is derived from several demographic factors, including age. These figures apply to full-time employees of all ages.

Average salary 16- 19.

The minimum wage by age group consists entirely of teenagers, many of whom only work in summer. According to BLS data, the average salary of 16 to 19 years old is $448.50 per week and $23,322 per year. This is the average of all races, genders and education levels. .

Average salary 20-24

Income has increased since the twenties, including some new college graduates. The average salary of 20 to 24 years old is $572.50 per week, which is equivalent to $29,770 per year. Many Americans start their careers in their twenties, but in their thirties, they don't earn as much as they can.

Average wage 25-34

The average wage of Americans aged 25-34 is $806.75 per week, or $465,438 +0,9565,438+0 per year. This is a big increase compared with the average salary of 20-24 years old. Usually, with your promotion and salary increase, your income will usually increase in your twenties and thirties. This age group also includes many people who have obtained professional degrees from graduate schools, further improving the average level.

Average wage 35-44

The average salary between the ages of 35 and 44 is $986 per week and $565,438+$0,272 per year. However, this figure masks a huge gender difference. For example, the average weekly salary of men aged 35 to 44 is $65,438+$0.65,438+$0.065,438+$0.25, while that of women of the same age is $876.25.

Average wage 45-54

Income began to stabilize in the 1940s. The average salary between the ages of 45 and 54 is $65,438+$ 0.002.75 per week and $52,654.38+$0.43 per year. This is the highest average salary of all ages tracked by BLS. Similarly, in this age group, the gender income gap is very large. The average weekly income of men aged 45 to 54 is $65,438+$0.65,438+$0.37, and that of women of the same age is $875.

Average wage 55-64

The average wage of Americans aged 55-64 is $994.50 per week and $565,438 +0.7 14 per year. The income of this age group is slightly lower than that of the 45-54 age group. At this age, the total number of workers has also decreased. According to the data of the Bureau of Labor Statistics, there are 25,565,250 full-time workers in the 45-54 age group, while there are only19584,500 full-time workers in the 55-64 age group. Many people leave their jobs at the age of 62 and are eligible for social security benefits (although it is best to wait longer to make full use of these benefits).

The average salary is 65 years old and above.

Americans aged 65 and over earn an average of $936.25 a week and $48,685 a year. This average applies to full-time employees, so it doesn't take into account that many people in this age group quit the labor market and began to earn income from social security and their retirement savings. The total number of employees aged 65 and above is 4662250. Some workers over 65 may be laborers because they don't have enough savings.