![]() ![]() Fortunately, those in younger generations do have a noticeably smaller gap, with women between the ages of 25 to 34 earning 93 cents for every dollar a man makes. While this 2020 number is lower than the 77% cited a few years prior, there is still a considerable gap between men and women. However, even in similar fields with similar qualifications, women earn 84% of what men earn. Of course, it’s important to keep in mind that these average incomes are based on all workers across all industries, meaning that the demographic abundance of female workers in a lower income industry or the abundance of male workers in a higher income industry can easily skew these averages. That’s a difference of around $8,000, which is significant. In the United States, the average woman earns a median income of $42,238, while her male counterpart earns $52,004. While there are many factors that go into income differences between men and women, including industry preferences, work-life-balances choices, and more, the fact is that the average female worker still makes less than the average male worker. Unless you’ve been living on a remote island in the Pacific, you’ve likely heard of the gender pay gap and other workplace controversies related to gender. household income is $61,937.įor further analysis, we broke down the data in the following ways:ĭemographics | Real Wage | Poverty | Bracket | Trends and Predictions | State The average American annual real wage was $67,521 in 2020. While the average American income depends heavily on the industry, field, and experience, you might be surprised to learn how your income stacks up against the rest of the country.
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