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Median weekly earnings of full-time workers were $1,145 in the fourth quarter of 2023

January 25, 2024

Median weekly earnings of the nation's 120.8 million full-time wage and salary workers were $1,145 in the fourth quarter of 2023.

Median weekly earnings were highest for men and women ages 35 to 64. In the fourth quarter of 2023, median weekly earnings were $1,403 for men ages 35 to 44, $1,401 for men ages 45 to 54, and $1,388 for men ages 55 to 64. Among women, median weekly earnings were $1,172 for women ages 35 to 44, $1,145 for women ages 45 to 54, and $1,101 for women ages 55 to 64. Men and women ages 16 to 24 had the lowest median weekly earnings, $761 and $707, respectively.

Median usual weekly earnings of full-time wage and salary workers by age and sex, current dollars, fourth quarter 2023
Age Total Men Women

16 years and over

1,145 1,231 1,031

16 to 24 years

734 761 707

25 to 34 years

1,080 1,134 1,023

35 to 44 years

1,303 1,403 1,172

45 to 54 years

1,275 1,401 1,145

55 to 64 years

1,244 1,388 1,101

65 years and over

1,055 1,177 941

Women had median weekly earnings of $1,031, or 83.8 percent of the $1,231 median for men. Men's and women's earnings were closer among younger workers than older workers; for example, women ages 16 to 24 earned 92.9 percent as much as men in the same age group, while the women's-to-men's earnings ratio was 77.8 percent for those age 55 and over.

These data are from the Current Population Survey and are not seasonally adjusted. For more information, see "Usual Weekly Earnings of Wage and Salary Workers: Fourth Quarter 2023" and more charts of usual weekly earnings data. Full-time workers usually work 35 hours or more per week at their sole or main job. The median is the midpoint in the earnings distribution; half of workers earn more than the median and half earn less.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Median weekly earnings of full-time workers were $1,145 in the fourth quarter of 2023 at https://www.bls.gov/opub/ted/2024/median-weekly-earnings-of-full-time-workers-were-1145-in-the-fourth-quarter-of-2023.htm (visited February 27, 2024).