Average Salary & Job Opportunities in USA | Wages in USA 2024 (2024)

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Average Salary & Job Opportunities in USA | Wages in USA 2024 (1)

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The average salary in USA per month or year varies widely across industries, jobs, age, experience & education, and geographical locations. According to the latest figures by the Bureau of Labor and Statistics, the average salary in USA per month is $5,677 or $68,124 per year. As of 2023, the gross minimum salary in the USA is $32.75 per hour.

Salaries range from $32,916 to $112,268 per year and include housing, transport, and other benefits. The median salary is $68,124per year, meaning that 50% of the USA's population is earning less than $68,124per year – while the others earn more than the median.

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What is the average salary in each US state in 2024?

Due to the sudden increase in the number of job vacancies in the United States of America, the average salary has drastically increased in almost every state in the USA. The average salary in USA per month remains high in strong locations such as Washington and Massachusetts. The United States of America is divided into 50 states.

The following table illustrates the average salary in the respective USA state:

STATEAVERAGE SALARY (per year)
Alabama$58,292
Alaska $69,056
Arizona $64,896
Arkansas$53,872
California$83,876
Colorado$74,412
Connecticut$76,960
Delaware$65,988
District of Columbia
$112,268
Florida$63,336
Georgia$64,948
Hawaii$63,752
Idaho $55,536
Illinois$69,992
Indiana$57,980
Iowa$57,824
Kansas$56,524
Kentucky$56,784
Louisiana$57,564
Maine $58,708
Maryland$74,048
Massachusetts$85,436
Michigan$63,856
Minnesota$69,108
Mississippi$48,204
Missouri$59,904
Montana$55,744
Nebraska$57,772
Nevada $62,452
New Hampshire$70,200
New Jersey $75,712
New Mexico
$56,992
New York $83,720
North Carolina$63,544
North Dakota$62,660
Ohio$61,620
Oklahoma$54,704
Oregon $67,652
Pennsylvania$66,716
Puerto Rico
$32,916
Rhode Island
$64,168
South Carolina$56,472
South Dakota$55,016
Tennessee$62,348
Texas$69,472
Utah$62,140
Vermont$59,332
Virgin Islands$49,556
Virginia$71,916
Washington$87,464
West Virginia $54,288
Wisconsin$58,916
Wyoming$57,772

Surprising as it may seem to some, the average annual salary in Washington and Massachusetts has increased to meet or exceed the rate observed in these states. The average wage in every state in the United States of America is virtually identical

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How much salary can you earn in different USA job sectors (2024)?

The following table shows the average salary in USA across different job sectors:

JOB SECTORSAVERAGE SALARY (per week)
AVERAGE SALARY (per year)
Mining and logging$1,769.40
$92,009
Construction$1,459.92
$75,916
Manufacturing$1,332.66
$69,298
Wholesale trade$1,461.95
$76,021
Retail trade$720.27
$37,454
Transportation and warehousing$1,161.66
$60,406
Utilities $2,146.73
$111,630
Information $1,778.14
$92,463
Financial activities$1,685.24
$87,632
Professional and business services$1,511.69
$78,608
Private education and health services$1,125.81
$58,542
Leisure and hospitality$557.82
$29,007
Other services $1,009.70
$52,504

Which industries have seen the most growth in the USA 2024?

At present, certain in-demand industries in the United States of America have contributed the most to the country’s ever-growing economy. For immigrants who apply for a job in USA – the highest salary jump for full-time employees was found in those working in the Education and health services sector – followed by Construction and Leisure and hospitality. The following industries showcase the share of economic sectors in the gross domestic product (GDP) – that have recorded the highest growth.

  • Natural resources and mining: 0.5%
  • Construction:2.2%
  • Manufacturing: 0.2%
  • Trade, transportation, and utilities: 0.3%
  • Information: -5.6%
  • Financial activities: 0.5%
  • Professional and business services: -1.1%
  • Education and health services: 4.4%
  • Leisure and hospitality: 3.4%
  • Other services: 2.5%

Highest paying jobs in the USA

The jobs with the highest average salary in the USA are Oral and maxillofacial surgeons, Surgeons, and Pediatric surgeons.

  • Oral and maxillofacial surgeons - $239,200 per year
  • Surgeons, all other - $239,200 per year
  • Pediatric surgeons - $239,200 per year
  • Orthopedic surgeons, except pediatric - $239,200 per year
  • Radiologists - $239,200 per year
  • Physicians, pathologists - $239,200 per year
  • Obstetricians and gynecologists - $239,200 per year
  • Emergency medicine physicians - $239,200 per year
  • Dermatologists - $239,200 per year
  • Cardiologists - $239,200 per year
  • Anesthesiologists - $239,200 per year
  • Psychiatrists - $226,880 per year
  • Neurologists - $224,260 per year
  • Physicians, all other - $223,410 per year
  • Ophthalmologists, except pediatric - $219,810 per year
  • General internal medicine physicians - $214,460 per year
  • Dentists, all other specialists - $212,740 per year
  • Airline pilots, copilots, and flight engineers - $211,790 per year
  • Family medicine physicians - $211,300 per year
  • Nurse anesthetists - $203,090 per year

Identifying the potential average salary in the USA per month or year as per your requirements can be a time-consuming task – especially for first-time job seekers. Considering the immense number of immigrants and residents of the USA applying for a job – the American government offers a slightly higher minimum wage per hour – as compared to other countries.

The United States of America is undoubtedly one of the best places to look for employment. Immigrants wanting to work in the Land of the Free can have access to a wide range of benefits including better job opportunities, stronger networking, and a road map to apply for USA PR from India.

Ready to land that next high-paying job in the USA? Don’t know where to start? Increase your chances of landing a job and check your eligibility to apply for USA PR from India in less than 60 seconds! Book a free consultation with Nationwide Visas! Call us at +91-92 92 92 92 81 or drop an email at: info@nationwidevisas.com

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FAQs

Average Salary & Job Opportunities in USA | Wages in USA 2024? ›

Salaries range from $32,916 to $112,268 per year and include housing, transport, and other benefits. The median salary is $68,124 per year, meaning that 50% of the USA's population is earning less than $68,124 per year – while the others earn more than the median.

What is the average income in the United States in 2024? ›

Average annual salary nationwide: $59,428. Average hourly rate nationwide: $28.34.

What is the highest paying job in 2024? ›

What is the highest-paying job within the USA in 2024? Being a Chief Executive Officer is the highest-paying- job in America. This position earns an average annual salary of USD 329,500, but their earnings can go as low as USD 276,500 and as high as USD 396,000.

What percentage of Americans make $75,000 a year? ›

Income Brackets in the United States
Income Bracket*Percentage of Americans
$75,000-$99,99912.3%
$100,000-$149,99916.4%
$150,000-$199,9999.2%
Over $200,00011.9%
5 more rows
Apr 12, 2024

What is a good salary to survive in us? ›

To live “comfortably” as a single person in 99 of the largest U.S. metro areas, you'll need a median income of $93,933, according to a recent SmartAsset analysis.

What is middle class income in 2024? ›

The median household income across all 345 cities is $77,345, making middle-class income limits fall between $51,558 and $154,590.

What is a good yearly salary? ›

According to the Bureau of Labor Statistics (BLS), the national average salary in 2021 was $58,260. Although wages above the average could be seen as a good salary, there are no hard and fast rules regarding how to determine a good salary since there are many factors involved.

What is the job market prediction for 2024? ›

Key takeaways. The Bureau of Labor Statistics (BLS) reported that the U.S. economy added 175,000 jobs in April 2024, the slowest jobs gain in six months and below market expectations. The unemployment rate ticked up from 3.8% to 3.9%.

Which job is most paid in the USA? ›

Highest Paying Jobs in USA
Job TitleAverage Annual Salary (USD)*
Surgeon (General, Orthopedic, etc.)$420,000 (Keeps Varying)
Anesthesiologist$260,000 (Keeps Varying)
Chief Executive Officer (CEO)$190,000 - 3,50,000
Psychiatrist$245,000
1 more row

Is 100k a good salary in the US? ›

For most individuals and small families, the answer to “Is $100,000 a good salary?” is a resounding “yes.” Cost of living and family size can affect how far $100,000 will go, but generally speaking, you can live comfortably on $100,000 a year. Are you hoping to make the most of your salary?

How many Americans make over 100k? ›

Only 18% of individual Americans make more than $100,000 a year, according to 2023 data from careers website Zippia. About 34% of U.S. households earn more than $100,000 a year, according to Zippia.

How many Americans live paycheck to paycheck? ›

How Many Americans Are Living Paycheck to Paycheck? A 2023 survey conducted by Payroll.org highlighted that 78% of Americans live paycheck to paycheck, a 6% increase from the previous year.

What is the happiest salary in the US? ›

What do studies say about money and happiness? Purdue University found the ideal average income for people worldwide is $95,000 and $105,000 in the U.S. Beyond that, satisfaction with life deteriorates, it said.

What is a comfortable income for a single person? ›

But just how much does a single person in California need to make to live comfortably? A new study from Smart Asset determined that a person must make at least $ 89,190 to get by comfortably.

How much do you need to live comfortably in each state? ›

Salary Needed to Live Comfortably in Each State
RankStateSalary needed for a single working adult
2Hawaii$113,693
3California$113,651
4New York$111,738
5Washington$106,496
11 more rows
Apr 10, 2024

What is the average level of income in the United States? ›

National average income: The national average salary in the U.S. in Q4 of 2023 was $59,384, according to the U.S. Bureau of Labor Statistics. Average salary by age: The highest average earners are aged between 35 and 44, earning 13.8% more than the national average salary.

What is top 10 percent income in the US? ›

What are the annual wages of top earners?
BracketAverage annual wages
Top 0.1%$3,212,486
Top 1%$823,763
Top 5%$342,987
Top 10%$173,176
Apr 30, 2024

How much will the average American make in a lifetime? ›

According to the U.S. Bureau of Labor Statistics, individuals with a high school diploma earn an average of approximately $1.3 million over their lifetime. Those with a bachelor's degree earn a significant increase, with average lifetime earnings of about $2.3 million.

What is the middle class income? ›

As of 2022 (the most recent Census data), the average median household income in the U.S. was $73,914, meaning the national range for the middle class is roughly $49,271 to $147,828. Across the nation's largest cities, the range is between $51,558 and $154,590, according to SmartAsset.

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