How Much Does The Average American Make?

According to the U.S. Bureau of Labor Statistics, the median weekly earnings for full-time workers in the fourth quarter of 2022 was $1,085. 

Approximately 35% of U.S. households make over $100,000 per year, as reported by IBISWorld.

A household may include more than one earner, so this doesn't necessarily give an accurate representation of the average American income.

In order to be in the top 10% income bracket in the U.S., you would need to make at least $132,676 per year, according to 2022 data.

While the median income gives a general representation of the nation's income, it's not accurate for everyone. 

Age, gender, race and occupation all affect median earnings for Americans.

Occupation also has an impact on median weekly earnings. 

The highest-paying occupations are in management, professional and related, occupations where men and women make a median weekly income of $1,729 and $1,316, respectively.

Unfortunately, opportunities for higher-paying careers are not as prevalent for individuals who have been given unequal educational opportunities.

Some proposed policies to address wealth inequality include tightening regulation surrounding discrimination in housing and increasing access to investment opportunities.