Where Do You Stand in Income? Latest Income Figures for Americans from the SS Administration
by Ben B.Boothe, Sr. | Saturday, November 1, 2014, 5:33 AM (CDT)
Wage Statistics for 2013
November 1, 2014
The national average wage index (AWI) is based on compensation (wages, tips, and the like) subject to Federal income taxes, as reported by employers on Forms W-2. Beginning with the AWI for 1991, compensation includes contributions to deferred compensation plans, but excludes certain distributions from plans where the distributions are included in the reported compensation subject to income taxes. We call the result of including contributions, and excluding certain distributions, net compensation. The table below summarizes the components of net compensation for 2013.
| Compensation subject to Federal income taxes | $6,463,355,960,937.75 |
| Deferred compensation plan Contributionsa Distributionsb |
+ 243,322,474,751.79 - 2,020,839,319.13 |
| Net compensation | 6,704,657,596,370.41 |
| a Wages on which contributions were paid by 51,737,311 workers. b Distributions, to the extent included in reported wages (see text above), paid to 58,640 workers. |
The "raw" average wage, computed as net compensation divided by the number of wage earners, is $6,704,657,596,370.41 divided by 155,772,341, or $43,041.39. Based on data in the table below, about 66.9 percent of wage earners had net compensation less than or equal to the $43,041.39 raw average wage. By definition, 50 percent of wage earners had net compensation less than or equal to the medianwage, which is estimated to be $28,031.02 for 2013.
| Wage earners | Net compensation | ||||
|---|---|---|---|---|---|
| Net compensation interval | Number | Cumulative number | Percent of total | Aggregate amount | Average amount |
| $0.01 — 4,999.99 | 23,115,933 | 23,115,933 | 14.83956 | $47,182,613,119.80 | $2,041.13 |
| 5,000.00 — 9,999.99 | 13,909,297 | 37,025,230 | 23.76881 | 103,038,350,002.21 | 7,407.88 |
| 10,000.00 — 14,999.99 | 12,340,772 | 49,366,002 | 31.69112 | 153,713,709,556.38 | 12,455.76 |
| 15,000.00 — 19,999.99 | 11,455,940 | 60,821,942 | 39.04541 | 199,992,520,521.28 | 17,457.54 |
| 20,000.00 — 24,999.99 | 10,854,603 | 71,676,545 | 46.01365 | 243,861,562,226.06 | 22,466.19 |
| 25,000.00 — 29,999.99 | 10,097,107 | 81,773,652 | 52.49562 | 277,228,136,438.50 | 27,456.19 |
| 30,000.00 — 34,999.99 | 9,385,751 | 91,159,403 | 58.52092 | 304,526,040,389.11 | 32,445.57 |
| 35,000.00 — 39,999.99 | 8,440,392 | 99,599,795 | 63.93933 | 316,022,370,825.34 | 37,441.67 |
| 40,000.00 — 44,999.99 | 7,406,037 | 107,005,832 | 68.69373 | 314,249,875,620.58 | 42,431.58 |
| 45,000.00 — 49,999.99 | 6,386,571 | 113,392,403 | 72.79367 | 302,973,681,899.86 | 47,439.18 |
| 50,000.00 — 54,999.99 | 5,552,820 | 118,945,223 | 76.35837 | 291,075,098,815.79 | 52,419.33 |
| 55,000.00 — 59,999.99 | 4,680,154 | 123,625,377 | 79.36285 | 268,784,784,711.21 | 57,430.76 |
| 60,000.00 — 64,999.99 | 4,035,207 | 127,660,584 | 81.95331 | 251,823,416,999.80 | 62,406.57 |
| 65,000.00 — 69,999.99 | 3,428,109 | 131,088,693 | 84.15402 | 231,142,482,302.71 | 67,425.65 |
| 70,000.00 — 74,999.99 | 2,968,987 | 134,057,680 | 86.06000 | 215,031,183,359.11 | 72,425.77 |
| 75,000.00 — 79,999.99 | 2,559,327 | 136,617,007 | 87.70299 | 198,162,943,189.00 | 77,427.75 |
| 80,000.00 — 84,999.99 | 2,179,245 | 138,796,252 | 89.10199 | 179,639,334,066.10 | 82,431.91 |
| 85,000.00 — 89,999.99 | 1,873,165 | 140,669,417 | 90.30449 | 163,773,160,357.76 | 87,431.25 |
| 90,000.00 — 94,999.99 | 1,617,254 | 142,286,671 | 91.34271 | 149,463,631,096.84 | 92,418.16 |
| 95,000.00 — 99,999.99 | 1,402,053 | 143,688,724 | 92.24277 | 136,614,877,209.07 | 97,439.17 |
| 100,000.00 — 104,999.99 | 1,229,162 | 144,917,886 | 93.03185 | 125,888,071,678.53 | 102,417.80 |
| 105,000.00 — 109,999.99 | 1,041,264 | 145,959,150 | 93.70030 | 111,869,716,730.65 | 107,436.46 |
| 110,000.00 — 114,999.99 | 914,048 | 146,873,198 | 94.28708 | 102,769,032,962.11 | 112,432.86 |
| 115,000.00 — 119,999.99 | 799,496 | 147,672,694 | 94.80033 | 93,895,453,365.83 | 117,443.31 |
| 120,000.00 — 124,999.99 | 719,798 | 148,392,492 | 95.26241 | 88,108,623,693.99 | 122,407.43 |
| 125,000.00 — 129,999.99 | 626,590 | 149,019,082 | 95.66466 | 79,847,785,243.54 | 127,432.27 |
| 130,000.00 — 134,999.99 | 555,283 | 149,574,365 | 96.02113 | 73,528,982,819.61 | 132,417.13 |
| 135,000.00 — 139,999.99 | 483,898 | 150,058,263 | 96.33178 | 66,505,565,747.55 | 137,437.16 |
| 140,000.00 — 144,999.99 | 433,681 | 150,491,944 | 96.61018 | 61,778,040,589.92 | 142,450.42 |
| 145,000.00 — 149,999.99 | 391,030 | 150,882,974 | 96.86121 | 57,663,715,129.94 | 147,466.22 |
| 150,000.00 — 154,999.99 | 353,108 | 151,236,082 | 97.08789 | 53,809,181,975.64 | 152,387.32 |
| 155,000.00 — 159,999.99 | 307,299 | 151,543,381 | 97.28517 | 48,379,154,675.10 | 157,433.49 |
| 160,000.00 — 164,999.99 | 271,993 | 151,815,374 | 97.45978 | 44,178,224,446.76 | 162,424.12 |
| 165,000.00 — 169,999.99 | 245,137 | 152,060,511 | 97.61714 | 41,048,141,226.33 | 167,449.80 |
| 170,000.00 — 174,999.99 | 219,905 | 152,280,416 | 97.75832 | 37,923,400,169.10 | 172,453.56 |
| 175,000.00 — 179,999.99 | 200,406 | 152,480,822 | 97.88697 | 35,557,443,971.46 | 177,427.04 |
| 180,000.00 — 184,999.99 | 185,956 | 152,666,778 | 98.00635 | 33,917,939,985.51 | 182,397.66 |
| 185,000.00 — 189,999.99 | 164,703 | 152,831,481 | 98.11208 | 30,872,961,835.03 | 187,446.26 |
| 190,000.00 — 194,999.99 | 152,007 | 152,983,488 | 98.20966 | 29,254,515,357.17 | 192,455.05 |
| 195,000.00 — 199,999.99 | 142,889 | 153,126,377 | 98.30139 | 28,217,116,050.47 | 197,475.78 |
| 200,000.00 — 249,999.99 | 958,080 | 154,084,457 | 98.91644 | 212,718,131,770.48 | 222,025.44 |
| 250,000.00 — 299,999.99 | 520,439 | 154,604,896 | 99.25054 | 141,720,256,166.76 | 272,309.06 |
| 300,000.00 — 349,999.99 | 306,130 | 154,911,026 | 99.44707 | 98,854,918,996.06 | 322,918.10 |
| 350,000.00 — 399,999.99 | 199,616 | 155,110,642 | 99.57521 | 74,542,893,470.43 | 373,431.46 |
| 400,000.00 — 449,999.99 | 138,283 | 155,248,925 | 99.66399 | 58,542,156,769.92 | 423,350.35 |
| 450,000.00 — 499,999.99 | 99,577 | 155,348,502 | 99.72791 | 47,165,771,264.74 | 473,661.30 |
| 500,000.00 — 999,999.99 | 310,753 | 155,659,255 | 99.92740 | 206,496,972,989.34 | 664,505.16 |
| 1,000,000.00 — 1,499,999.99 | 57,520 | 155,716,775 | 99.96433 | 69,059,675,758.86 | 1,200,620.23 |
| 1,500,000.00 — 1,999,999.99 | 21,063 | 155,737,838 | 99.97785 | 36,155,004,386.62 | 1,716,517.32 |
| 2,000,000.00 — 2,499,999.99 | 10,389 | 155,748,227 | 99.98452 | 23,096,902,224.09 | 2,223,207.45 |
| 2,500,000.00 — 2,999,999.99 | 6,068 | 155,754,295 | 99.98842 | 16,552,147,469.04 | 2,727,776.45 |
| 3,000,000.00 — 3,499,999.99 | 4,073 | 155,758,368 | 99.99103 | 13,161,734,400.78 | 3,231,459.46 |
| 3,500,000.00 — 3,999,999.99 | 2,827 | 155,761,195 | 99.99284 | 10,553,376,584.03 | 3,733,065.65 |
| 4,000,000.00 — 4,499,999.99 | 1,973 | 155,763,168 | 99.99411 | 8,355,942,195.01 | 4,235,145.56 |
| 4,500,000.00 — 4,999,999.99 | 1,416 | 155,764,584 | 99.99502 | 6,702,335,724.80 | 4,733,287.94 |
| 5,000,000.00 — 9,999,999.99 | 5,359 | 155,769,943 | 99.99846 | 36,086,602,354.52 | 6,733,831.38 |
| 10,000,000.00 — 19,999,999.99 | 1,723 | 155,771,666 | 99.99957 | 23,178,891,061.01 | 13,452,635.55 |
| 20,000,000.00 — 49,999,999.99 | 565 | 155,772,231 | 99.99993 | 16,114,956,321.52 | 28,522,046.59 |
| 50,000,000.00 and over | 110 | 155,772,341 | 100.00000 | 12,286,086,101.65 | 111,691,691.83 |