What’s the Average Salary in the U.S.?
With all the political talk of “the one percent” versus the rest of the U.S. in recent times, understanding what the average income for Americans truly is can be perplexing. That’s because the answer to this question involves a lot of nuances — like education, industry, geographical location, and sadly, race and gender. Plus, numbers alone do little to reveal the contextual scope of one’s earnings. For instance, the U.S. Census Bureau found that the average salary in America was $56,516 in 2015, up 3.95 percent from the previous year. However, that sum would look a lot different to a young, single person than it would to the breadwinner in a family of five.
Let’s take a closer look at a few of the nuances impacting the median salary in the U.S. today:
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