What was the average wage in 2009?
What was the average wage in 2009?
$54,283
Average income in 2009 fell to $54,283, down $3,516, or 6.1 percent in real terms compared with 2008, the first Internal Revenue Service analysis of 2009 tax returns showed. Compared with 2007, average income was down $8,588 or 13.7 percent.
What was the average family income in America in 2008?
$50,303
This morning’s report by the U.S. Census Bureau shows that the real (inflation-adjusted) income of the median household fell 3.6%, from $52,163 in 2007 to $50,303 in 2008.
What is the average income per household in the US?
Median household income was $67,521 in 2020, a decrease of 2.9 percent from the 2019 median of $69,560 (Figure 1 and Table A-1). This is the first statistically significant decline in median household income since 2011.
What was the average hourly wage in 2009?
12.44
In 2019, the median hourly earnings of wage and salary workers in the United States was 15.35 U.S. dollars….
| Characteristic | Wage in current U.S. dollars |
|---|---|
| 2009 | 12.44 |
| 2008 | 12.23 |
| 2007 | 11.95 |
What is the average household income in the US 2019?
$68,703
Average Income in 2019 The median household income was $68,703 in 2019, setting a new record. 1 It was 6.8% higher than the 2018 record of $64,324. The median household income has been steadily rising since it was $58,001 in 2014. The U.S. Census Bureau also reports the median income for each family.
How many people earned minimum wage in 2009?
Among those paid by the hour, 980,000 earned exactly the prevailing Federal minimum wage in 2009. Nearly 2.6 million had wages below the minimum. Together, these 3.6 million workers with wages at or below the minimum made up 4.9 percent of all hourly-paid workers.
What was min wage in 2008?
$6.55 per hour
The 2007 amendments increased the minimum wage to $5.85 per hour effective July 24, 2007; $6.55 per hour effective July 24, 2008; and $7.25 per hour effective July 24, 2009.
What is the average household income in the US?
The Average American Income – Interesting Stats and Facts The median household income in the US in 2019 was $68,703 The average wage in 2019 in the US was $51,916.27 $19.33 was the median wage per hour in the US in 2019 The top 1% wage earners in the US contribute 20% of American annual income There are 34 million people below the poverty line in the US in 2019
What is the median income in the United States?
Income and Poverty in the United States: 2019 Highlights. Median household income was $68,703 in 2019, an increase of 6.8 percent from the 2018 median of $64,324 (Figure 1 and Table A-1). Tables. Selected Measures of Equivalence-Adjusted Income Dispersion: 1967 to 2019 [<1.0MB] Figures.
What is median income?
Median Income The median income is the income level in the middle of a list of ranked incomes. For an area that has five households with incomes of $10,000, $35,000, $40,000, $47,000 and $250,000, the median income is $40,000. In calculating median income, the Census Bureau looks at the incomes of only those people who are 15 or older.
