The average US income has increased 3.9% year over year. With this rise in total income, the cost of living has also risen.
Currently, the average income of people in the United States is $59,436 and is anticipated to grow steadily in the upcoming years.
In this article, let’s check out the median income of US adults by year, demographics, state, education, and more.
Average US Income 2025 (Editors Pick)
- The median weekly earnings of people in the United States is $1,143.
- The annual average US income is $59,436.
- The weekly earnings of women in the United States is $1,017, while that of men is $1,253.
- White Adults in the United States earn an average of $1,167 per week.
- $2,268 is the average weekly earning of a US adult with a bachelor’s degree.
What Is The Average Income In U.S?
According to the U.S. Bureau Of Labor Statistics, the median weekly earnings of the 119.9 million full-time workers in the United States was $1,143 in the second quarter of 2024.
That is a 3.9% YoY increase in the median weekly earnings of full-time workers in the United States compared to the past year.
According to the calculations, the average annual salary in the US is $59,436 as of Q2 2024, an increase of just $52 compared to that recorded at the end of 2023. During the 2023 year-end, the average salary in the United States was $59,384.
Note: This data represents earnings before taxes and other deductions and includes any overtime pay, commissions, or tips usually received (at the main job in the case of multiple jobholders).
Here is a table displaying the average annual income in the US by year:
| Year | The Median Annual Income |
|---|---|
| 2024 | $59,436 |
| 2023 | $59,384 |
| 2022 | $55,164 |
| 2021 | $52,009 |
| 2020 | $51,305 |
| 2019 | $47,812 |
| 2018 | $46,196 |
| 2017 | $44,827 |
| 2016 | $43,406 |
| 2015 | $42,168 |
Source: US Bureau of Labor Statistics
Average Household Income In The US
The median household income in the United States is estimated to be $78,171.
That will be a decrease of nearly $2000 in the median household income of the US compared to the previous year.
In 2023, the household median income rose to $80,610, a 4% increase from $77,540 recorded in 2022. This was the first significant increase since 2019.
Besides, the incomes of the White and non-Hispanic white households grew significantly, while Black and Hispanic household incomes did not record a major increase in 2023.
The following table displays the median household incomes in the United States recorded in 2022 and 2023 by race.
| Race | Average Household Income in 2022 | Average Household Income in 2023 |
|---|---|---|
| All races | $77.5K | $80.6K |
| White | $80.3K | $84.6K |
| White Non-Hispanic | $84.3K | $89.1K |
| Black | $55.0K | $56.5K |
| Asian | $113.1K | $112.8K |
| Hispanic (All races) | $65.3K | $65.5K |
Average U.S. Income 2025 By State
Massachusetts has the highest average annual salary in the United States at $76,600.
Meanwhile, New York has the second-highest average annual income in the country at $74,870.
Followed by California, Washington, and New Jersey with the highest average salary in the United States.
The following table displays the states with the highest average salary in the United States.
| State | Average Annual Income |
|---|---|
| Massachusetts | $76,600 |
| New York | $74,870 |
| California | $73,220 |
| California | $73,220 |
| Washington | $72,350 |
| New Jersey | $70,890 |
| Maryland | $69,750 |
| Connecticut | $69,310 |
| Colorado | $67,870 |
| Alaska | $66,130 |
Mississippi State has the lowest annual average wage of $45,180.
Arkansas and West Virginia have the second and third-lowest annual salaries in the United States, at $48,570 and $49,170, respectively.
Other states that have lower average annual salaries in the United States are South Dakota ($49,890) and Alabama ($50,620).
The following table displays the states with lower average annual salaries in the United States.
| State | Average Annual Income |
|---|---|
| Mississippi | $45,180 |
| Arkansas | $48,570 |
| West Virginia | $49,170 |
| South Dakota | $49,890 |
| Alabama | $50,620 |
| South Carolina | $50,650 |
| Louisiana | $50,940 |
| Oklahoma | $50,940 |
| Idaho | $51,350 |
| Kentucky | $51,490 |
Source: Forbes
Average U.S. Income By Gender
Let us take a closer look at the pay gap between men and women in the United States in this section.
Average Median Income Of Men In The U.S.
The average weekly earnings of men in the United States is $ 1,253 as of the second quarter of 2024
On calculating, that equals an average annual income of $65,156, an increase of 6.1% compared to $61,412 average annual income recorded in 2023.
Here is a table showing men’s average annual median income in the United States.
| Year | Annual Median Income Of Men In the United States |
|---|---|
| 2024 (as of Q2) | $65,156 |
| 2023 | $61,412 |
| 2022 | $61,204 |
| 2021 | $57,408 |
| 2020 | $55,744 |
| 2019 | $53,144 |
| 2018 | $51,584 |
| 2017 | $49,036 |
| 2016 | $48,048 |
| 2015 | $47,008 |
Source: U.S. Bureau of Labor Statistics
Average Median Income Of Women In The U.S.
The average weekly income of women in the United States is $1,017 as of the 2nd quarter of 2024.
That equals an average annual income of 52,884.
The weekly median income of women in the United States is less than that of men. Men earned $236 more every week than women as of Q2 2024.
Here is a table showing women’s average annual median income in the United States.
| Year | Annual Median Income of Women In the United States |
|---|---|
| 2024 | $52,884 |
| 2023 | $51,931 |
| 2022 | $50,700 |
| 2021 | $48,308 |
| 2020 | $46,488 |
| 2019 | $43,784 |
| 2018 | $41,340 |
| 2017 | $40,040 |
| 2016 | $39,468 |
| 2015 | $37,908 |
Source: U.S. Bureau of Labor Statistics
Average Income In The U.S. By Age
The highest-earning adults in the United States were adults aged 45 to 54, with an average weekly income of $1,316.
On the other hand, the adults aged 16 to 24 earn the lowest with just $727 median weekly earnings.
The following table displays the median weekly earnings of the adults in the United States by age group:
| Age | Median Weekly Earning |
|---|---|
| 16 to 24 years | $727 |
| 25 to 34 years | $1,103 |
| 35 to 44 years | $1,247 |
| 45 to 54 years | $1,316 |
| 55 to 64 years | $1,197 |
| 65 years and over | $1,154 |
Sage Read: Interested in learning about the cities experiencing rapid growth in the United States? Check out our post on the Fastest-growing Cities in the U.S.
Average US Income 2025 By Race
The median weekly income for Asians was recorded to be the highest in the first quarter of 2024, while it was lowest for Hispanics or Latinos.
Asians earn an average weekly income of $1,500, while adults from the Hispanic or Latino ethnicity have an average weekly income of $903.
Meanwhile, the average weekly income of White adults was recorded to be $1,167 in the second quarter of 2024.
Here are further details about the median weekly income of US adults race as of Q2 2024:
- Asian: $1,500
- White: $1,167
- Black or African American: $941
- Hispanic or Latino: $903
Source: U.S. Bureau of Labor Statistics
Average Income Of U.S. Families
US families with four people have the highest income, reaching $125,700 as of 2023.
Families that have two people have an annual income of $86,430, while families with Seven people or more people have a median income of $99,600.
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The following table displays the median income in the United States by family size:
| Family Size | Annual Median Income |
|---|---|
| 2-people | $86,430 |
| 3-people | $107,100 |
| 4-people | $125,700 |
| 5-people | $115,400 |
| 6-people | $118,000 |
| 7 people or more | $99,600 |
Source: US Census Bureau.
Average U.S. Income By Number Of Earners In Family
US Census Bureau data revealed that families with a single earner have an annual median income of $66,388, while families with 4 earners have an annual median income of $116,58.
Here is a table showing the annual median income of US families by the number of earners:
| Annual Median Income | Annual Median Income |
|---|---|
| 1 Earner | 66,388 |
| 2 Earner | 82,903 |
| 3 Earner | 97,449 |
| 4 Earner | 116,58 |
Average U.S. Income By Education
US adults with advanced degrees earn the highest median weekly income of $2,775. That equals an average annual income of $144,300.
Meanwhile, adults who have completed less than a high school diploma earn a median weekly income of $915, which equals an annual median income of 47,580.
The following table displays the median weekly earnings of US adults by education:
| Education | Median Weekly Income |
|---|---|
| Less than a High School Diploma | $915 |
| High School Graduates, No College | $1,284 |
| Some College or Associate Degree | $1,501 |
| Bachelor’s Degree | $2,268 |
| Bachelor’s degree and higher | $2,410 |
| Advanced Degree | $2,775 |
Share American Households By Income
11.9% of American households earned 200,000 and over, while 8.3% of the households had an income of under 15,000.
Besides, the majority (16.4%) of the American households earned between 100,000 to 149,999.
The following table displays the distribution of American households by Income as of 2022.
| Income | Share Of American Households |
|---|---|
| Under 15,000 | 8.3% |
| 15,000 to 24,999 | 7.4% |
| 25,000 to 34,999 | 7.6% |
| 35,000 to 49,999 | 10.6% |
| 50,000 to 74,999 | 16.2% |
| 75,000 to 99,999 | 12.3% |
| 100,000 to 149,999 | 16.4% |
| 150,000 to 199,999 | 9.2% |
| 200,000 and over | 11.9% |
Source: Statista
Poverty Rate In The U.S.
As of 2022, the poverty rate in the United States was recorded to be 11.5%.
Meanwhile, The poverty rate in the United States was 11.4% in 2020, and it was at its lowest in 2019, at 10.5%.
Here is a table showing the poverty rate in the United States from 2019 to 2022:
| Year | The Poverty Rate In The United States |
|---|---|
| 2022 | 11.5% |
| 2020 | 11.4% |
| 2019 | 10.5% |
| 2018 | 11.8% |
| 2017 | 12.3% |
| 2016 | 12.7% |
| 2015 | 13.5% |
| 2014 | 14.8% |
| 2013 | 14.8% |
| 2012 | 15% |
| 2011 | 15% |
| 2010 | 15.3% |
Source: Census.gov
Conclusion: People In The US Earn $1,143 On Average Per Week
The average income of people in the United States has increased steadily in the past few years. Meanwhile, the average household income in the US reached its peak in 2023 at $80,610.
Besides, the average weekly earnings of women in the United States is 81.2% of the average weekly earnings recorded for men, displaying the gender pay gap in the country. Meanwhile, Hispanics and Latinos also fall under the pay gap and have the lowest average income in the country.
Overall, people employed in management, professional, and related occupations have the highest median weekly earnings of $1,877 for men and $1,389 for women, while people in the service occupations industry earn the least at $809 recorded for men and $706 for women.
