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Average Salary in United States 2020

How much money does a person working in United States make?


Average Yearly Salary
87,500 USD
( 7,300 USD monthly)

LOW
11,900
USD
AVERAGE
87,500
USD
HIGH
388,000
USD

A person working in United States typically earns around 87,500 USD per year. Salaries range from 11,900 USD (lowest average) to 388,000 USD (highest average, actual maximum salary is higher).

This is the average yearly salary including housing, transport, and other benefits. Salaries vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Distribution of Salaries in United States

Median and salary distribution yearly United States
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The median, the maximum, the minimum, and the range

  • Salary Range

    Salaries in United States range from 11,900 USD per year (minimum salary) to 388,000 USD per year (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 85,800 USD per year, which means that half (50%) of the population are earning less than 85,800 USD while the other half are earning more than 85,800 USD. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of the population are earning less than 43,900 USD while 75% of them are earning more than 43,900 USD. Also from the diagram, 75% of the population are earning less than 232,000 USD while 25% are earning more than 232,000 USD.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.

Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.


Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.

Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma.

Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.

Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.


Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in United States costs anywhere from 36,500 US Dollar(s) to 109,000 US Dollar(s) and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.



Salary Comparison By Gender

Salary comparison by gender yearly United States
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees in United States earn 7% more than their female counterparts.

Female
84,600 USD
Male+7%
90,600 USD
Percentage increase and decrease are relative to the previous value

Average Annual Salary Increment Percentage in United States

How much are annual salary increments in United States? How often do employees get salary raises?

United States

Employees in United States are likely to observe a salary increase of approximately 8% every 16 months.

Annual Salary Increment Rate United States
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency

The average salary increase in one year (12 months) in United States is 6%.

Annual Increment Rate By Industry 2019

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Listed above are the average annual increase rates for each industry in United States for the year 2019. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.


Average Salary Increase Rate by Experience Level

Junoir Level
3% - 5%
Mid-Career
6% - 9%
Senior Level
10% - 15%
Top Management
15% - 20%

The difference in increment rates is somehow justified because employers put more effort to retain more experienced staff since they are harder to acquire than less experienced ones.

Worldwide Salary Raises: All Countries and All Jobs

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Bonus and Incentive Rates in United States

How much and how often are bonuses being awarded?Annual Salary Bonus Rate United States
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47% of surveyed staff in United States reported that they haven't received any bonuses or incentives in the previous year while 53% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.

Received Bonus
53%
No Bonus
47%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


Bonus Rates Comparison by Career Field

Finance
High
Architecture
High
Sales
High
Business Development
High
Marketing / Advertising
High
Information Technology
Moderate
Healthcare
Moderate
Insurance
Moderate
Customer Service
Moderate
Human Resources
Moderate
Construction
Low
Transport
Low
Hospitality
Low

What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Government vs Private Sector Salary Comparison

Public vs private sector salaries yearly United States
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Where can you get paid more, working for a private company or for the government? Public sector employees in United States earn 5% more than their private sector counterparts.

Private Sector
85,400 USD
Public Sector+5%
89,700 USD
Percentage increase and decrease are relative to the previous value

Salary Trend and Forecast in United States

How are United States salaries changing over time? The chart below shows the average salary change in the past few years.

Salary trends and forecast yearly United States
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Average Salary 2016
78,400 USD
Average Salary 2017+4%
81,300 USD
Average Salary 2018+2%
83,100 USD
Average Salary 2019+3%
85,900 USD
Percentage increase and decrease are relative to the previous value

Salaries in United States are on the rise in the year 2020 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 3% higher than those of 2018. The trend suggests a slow yet continuous increase in pay in 2021 and future years. These numbers may vary from industry to another.

Salaries for popular jobs

Job TitleAverage Salary
Accounting and Finance
Accountant58,900 USD
Accounting Assistant58,400 USD
Accounting Manager113,000 USD
Bookkeeper44,900 USD
Chartered Accountant79,400 USD
Corporate Treasurer153,000 USD
Financial Analyst93,800 USD
Financial Manager168,000 USD
Internal Auditor91,500 USD

Administration / Reception / Secretarial
Administrative Assistant47,400 USD
Office Manager60,700 USD
Receptionist48,000 USD
Secretary48,200 USD

Advertising / Grapic Design / Events
Art Director83,100 USD
Creative Director86,500 USD
Graphic Designer61,500 USD
Photographer57,900 USD

Airlines / Aviation / Aerospace / Defense
Aerospace Engineer100,000 USD
Air Traffic Controller87,100 USD
Flight Attendant77,800 USD
Pilot101,000 USD

Architecture
Architect82,700 USD
CAD Drafter63,400 USD

Automotive
Mechanic46,700 USD
Service Advisor67,200 USD

Banking
Bank Branch Manager123,000 USD
Teller59,600 USD

Bilingual
Teacher68,200 USD
Translator79,400 USD

Business Planning
Business Analyst110,000 USD
Business Development Manager128,000 USD
Project Manager106,000 USD

Care Giving and Child Care
Nanny56,100 USD
Nursery Teacher60,100 USD

Construction / Building / Installation
Civil Engineer78,600 USD
Construction Project Manager107,000 USD
Health and Safety Officer56,700 USD

Customer Service and Call Center
Call Center Representative60,400 USD
Customer Service Manager111,000 USD
Customer Service Representative60,900 USD

Engineering
Civil Engineer77,100 USD
Electrical Engineer82,500 USD
Engineer80,700 USD
Mechanical Engineer81,900 USD

Executive and Management
Chief Executive Officer200,000 USD
Chief Financial Officer177,000 USD
General Manager148,000 USD
Project Manager99,400 USD

Food / Hospitality / Tourism / Catering
Chef68,600 USD
Executive Chef78,400 USD
Hotel Manager129,000 USD
Receptionist61,700 USD
Travel Agent72,500 USD
Waiter / Waitress55,100 USD

Health and Medical
Dentist219,000 USD
Dietitian192,000 USD
Laboratory Technician63,000 USD
Nurse71,700 USD

Human Resources
Human Resources Manager125,000 USD
Human Resources Officer74,700 USD

Information Technology
Computer Technician65,100 USD
Database Administrator89,200 USD
Developer / Programmer73,700 USD
Information Technology Manager131,000 USD
Network Engineer76,300 USD

Law Enforcement / Security / Fire
Police Officer66,900 USD

Legal
Attorney130,000 USD
Legal Assistant59,900 USD

Media / Broadcasting / Arts / Entertainment
Journalist87,600 USD

Pharmaceutical and Biotechnology
Biomedical Engineer76,900 USD
Pharmacist104,000 USD

Sales Retail and Wholesale
Cashier47,100 USD
Sales Manager137,000 USD
Sales Representative58,600 USD

Teaching / Education
Elementary School Teacher60,400 USD
Secondary School Teacher71,300 USD

Average Hourly Wage in United States


42 USD per hour

The average hourly wage (pay per hour) in United States is 42 USD. This means that the average person in United States earns approximately 42 USD for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

Salary Comparison By City

CityAverage Salary
Atlanta88,400 USD
Austin103,000 USD
Baltimore89,700 USD
Boston95,500 USD
Bristol74,200 USD
Chicago101,000 USD
Cincinnati74,900 USD
Cleveland77,400 USD
Dallas104,000 USD
Denver94,600 USD
Detroit95,500 USD
Honolulu73,900 USD
Houston109,000 USD
Indianapolis92,800 USD
Iowa City72,300 USD
Jacksonville100,000 USD
Kansas City85,300 USD
Kent73,100 USD
Las Vegas89,200 USD
Long Beach84,200 USD
Los Angeles106,000 USD
Memphis93,100 USD
Miami85,700 USD
Minneapolis77,900 USD
New Orleans81,500 USD
New York112,000 USD
Oakland82,500 USD
Oklahoma City87,800 USD
Orlando78,600 USD
Philadelphia103,000 USD
Phoenix101,000 USD
Sacramento86,800 USD
San Antonio106,000 USD
San Diego101,000 USD
San Francisco96,500 USD
San Jose99,100 USD
Seattle92,500 USD
Tampa81,200 USD
Vancouver73,500 USD
Washington D.C.95,700 USD

Salary Comparison By State

StateAverage Salary
Alabama93,700 USD
Alaska81,900 USD
Arizona97,500 USD
Arkansas90,300 USD
California103,000 USD
Colorado93,200 USD
Connecticut90,600 USD
Delaware84,200 USD
District of Columbia82,500 USD
Florida103,000 USD
Georgia101,000 USD
Hawaii86,400 USD
Idaho86,500 USD
Illinois102,000 USD
Indiana97,700 USD
Iowa90,400 USD
Kansas90,500 USD
Kentucky93,400 USD
Louisiana93,500 USD
Maine86,200 USD
Maryland97,400 USD
Massachusetts97,500 USD
Michigan101,000 USD
Minnesota95,800 USD
Mississippi90,300 USD
Missouri96,900 USD
Montana85,800 USD
Nebraska88,700 USD
Nevada90,600 USD
New Hampshire87,000 USD
New Jersey101,000 USD
New Mexico90,000 USD
New York105,000 USD
North Carolina92,600 USD
North Dakota75,700 USD
Ohio93,600 USD
Oklahoma85,200 USD
Oregon85,300 USD
Pennsylvania94,800 USD
Rhode Island77,800 USD
South Carolina87,300 USD
South Dakota78,000 USD
Tennessee90,900 USD
Texas97,000 USD
Utah82,500 USD
Vermont76,600 USD
Virginia93,000 USD
Washington92,200 USD
West Virginia82,000 USD
Wisconsin89,800 USD
Wyoming76,100 USD
75041 - 8275

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