Average Salary USA in 2024: State wise Average Salary in USA

An average salary in the USA is calculated based on per day salary upon the number of working days. The average salaries in USA are influenced by a number of factors like age, education, experience level, race, ethnicity, industry and in some cases even location of work.  

The average salary in the USA in 2023 was around USD 55,640 (INR 46.4 L), while the average weekly USA job salary stood at USD 1,070 (INR 89.2 K). The highest average salary for 2023 was recorded at USD 74,984 (INR 62.5 L) for a particular set of working-class people. Let us discuss in detail about average salary in the USA for 2024 and look at state-wise average pay too.  

Check: Top 10 Highest Paying Jobs in USA

Average Salary in USA Based on US States 2024

The top 50 US states along with the average salaries have been tabulated below based on the Bureau of Labor Statistics Report, in descending order for the year 2024:

Conversion Rate: 1 USD = INR 83.42

These are the top 50 US states and their average salaries as recorded in 2023 as per the US Bureau of Labor in 2023. Applicants who worked around in the above US states were on average earning this amount at some point in time.  

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Factors Affecting Average Salaries in USA  

In order to discuss in detail certain factors affecting average America job salary calculation are as follows: 

• Age: Around the peak age of 40-55, people generally have slightly higher salaries. Men aged 45 - 54 had the highest annual earnings at USD 72,696 (INR 60.6 L), and women earned USD 56,472 (INR 47.1 L) between age of 34 - 55. 
• Education: The higher the education level, the higher the average pay. The age group of 25 or higher but without a high school degree had median earnings of USD 35,984 (INR 30 L) in comparison to USD 45,032 (INR 37.5 L) for high school graduates. Workers with a bachelor's earn USD 81,432 (INR 67.9 L) annually on average. 
• Gender: Black men earn a median salary of USD 47,944 (INR 40 L), compared to white men at USD 61,984 (INR 51.7 L). Whereas, Black women compared to white women earned around USD 43,160 (INR 36 L) and USD 51,480 (INR 42.9 L) respectively. Hispanic and Asian people earned USD 44,772 (INR 37.3 L) and USD 74,984 (INR 62.5), respectively. 
• Based on the number of working days, average American companies give 25% paid time off based on holidays for an individual. Thus, this is also a major factor contributing to the analysis of the average annual salary of working individuals in the USA.

There are other contributing factors which influence the computation of average annual salary in the USA but they are categorised under miscellaneous reasons only. The salaries are computed based on actual presented data and not on any other findings.