Average U.S. Salary – Mean US Salary 2023

Most people are curious to know what the average salary in the United States is. Well, the average salary in the U.S. is higher than most salaries in other parts of the world.

So, how much is an average U.S. salary? This article is the answer you need to that question.

In this article, we will tell you the average salary in the U.S. based on different factors.

Hence, make sure you read this article closely to get all the info you need.

Now, without delay, let’s get into it.

What Is an Average U.S. Salary in 2023?

According to the U.S. Bureau of Labor Statistics, the median weekly salary was $996 for women. And also $1,186 for men, in the first quarter of 2023.

However, in this session, we will be looking at the Average annual median Salary for men and women in the U.S.

Year Annual Median salary Of Men In the U.S Annual Median Income Of Women In the U.S
2014 $45,656 $37,648
2015 $47,008 $37,908
2016 $48,048 $39,468
2017 $49,036 $40,040
2018 $51,584 $41,340
2019 $53,144 $43,784
2020 $55,744 $46,488
2021 $57,408 $48,308
2022 $61,204 $50,700
2023 $61,412 $51,584

 

Average U.S. Salary by Ethnicity

Your age and location are not the only factors that can affect your salary in the U.S.

Hence, some factors like Ethnicity can also affect your salary in the United States.

Thus, whites earn an annual median salary of $58,760 and a weekly median income of $1,130 in the U.S.

Having said that, the table below contains the U.S. annual median salary by Ethnicity.

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Ethnicity      Annual Median Salary
White $58,760
Black $46,072
Asian $76,336
Hispanic $45,136

Now, that you know the annual median salary in the U.S. based on Ethnicity, let’s move a bit further.

Hence, let’s have a look at the annual median income of men and women in the U.S. by Ethnicity.

Thus, the table below contains info on the annual median salary of men and women in the U.S by Ethnicity:

Ethnicity Annual Median Salary of Men Annual Median Salary of Women
White $63,544 $52,364
Black $47,268 $44,824
Asian $81,796 $68,276
Hispanic $47,684 $40,508

 

Average U.S. Salary by Education

Another factor that can affect your salary in the U.S. is your education. Hence, a person with an advanced degree earns $891 weekly and $46,332 yearly in the United States.

Thus, the table below contains the average median salary in the U.S. by Education:

Education Annual Median Salary
Advanced Degree $46,332
Bachelor’s Degree $37,232
College or Associate Degree $30,628
High School Graduates $27,404
Less than a High School Diploma $22,152

Now, let’s go into more detail. The table below is the average median salary for men and women in the U.S. by Education:

Education Annual Median Salaryfor Men Annual Median Salary for Women
Advanced Degree $49,088 $44,304
Bachelor’s Degree $40,300 $35,100
College or Associate Degree $32,864 $27,768
High School Graduates $30,056 $24,856
Less than a High School Diploma $24,700 $19,968

 

Average U.S. Income by Age

Age is another factor that can affect how much you earn in the United States. Hence, people between the ages of 25 to 54 earn $1,148 weekly and $59,696 monthly in the United States.

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Having said that, here is the annual median salary in the U.S. by age.

Age Annual Median Income
Above 65 years $54,184
55 to 64 years $63,336
45 to 54 years $64,428
35 to 44 years $63,596
25 to 34 years $52,936
20 to 24 years $38,324
16 to 19 years $31,772

Hence, let’s have a twist on the list. Let’s take a look at the annual median salary of white people in the U.S. by age.

Average Salary of White People in the U.S by Age

Here is the annual median salary of white people in the U.S. by age.

Age Group Annual Median Income Of White People in the U.S
Above 55 years $63,544
25 to 54 years $61,152
16 to 24 years $37,908

Now, let’s have a look at the annual median salary of white men and women in the U.S by age:

Age Group Annual Median Income Of White Men in the U.S Annual Median Income Of White Women in the U.S
Above 55 years $72,176 $54,652
25 to 54 years $65,884 $55,016
16 to 24 years $40,404 $36,140

 

Average Salary of Black People in the U.S by Age         

Here is the annual median salary of Black men and women in the U.S by age:

Age Group Annual Median Income Of Black Men in the U.S Annual Median Income Of Black Women in the U.S
Above 55 years $53,092 $44,460
25 to 54 years $50,804 $47,164
16 to 24 years $35,412 $34,840
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Average Salary of Asian People in the U.S by Age      

Here is the annual median salary of Asian men and women in the U.S by age:

Age Group Annual Median Income Of Asian Men in the U.S Annual Median Income Of Asian Women in the U.S
Above 55 years $69,368 $58,864
25 to 54 years $90,116 $75,192
16 to 24 years $45,344 $36,296

 

Average Salary of Hispanic People in the U.S by Age 

Here is the annual median salary of Hispanic men and women in the U.S by age:

Age Group Annual Median Income Of Hispanic Men in the U.S Annual Median Income Of Hispanic Women in the U.S
Above 55 years $49,192 $40,508
25 to 54 years $49,608 $43,160
16 to 24 years $37,284 $39,572

 

Final Word

To sum it up, we’ve been able to list the average salary in the U.S. based on different factors.

Hence, if you have any questions, please leave a comment in the comment session below.

Having said that, thank you for reading!