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Wage Statistics for 2008

February 12, 2016
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Automatic increases

Development of the AWI

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 2008.

Net compensation components for 2008
Compensation subject to Federal income taxes $5,942,130,003,268.88
Deferred compensation plan
   Contributionsa
   Distributionsb

+ 223,580,219,475.15
- 2,323,491,822.33
Net compensation 6,163,386,730,921.70
a Wages on which contributions were paid by 50,889,838 workers.
b Distributions, to the extent included in reported wages (see text above), paid to 66,608 workers.

The "raw" average wage, computed as net compensation divided by the number of wage earners, is $6,163,386,730,921.70 divided by 155,434,562, or $39,652.61. Based on data in the table below, about 66.2 percent of wage earners had net compensation less than or equal to the $39,652.61 raw average wage. By definition, 50 percent of wage earners had net compensation less than or equal to the median wage, which is estimated to be $26,514.38 for 2008.

Distribution of wage earners by level of net compensation
Wage earnersNet compensation
Net compensation interval NumberCumulative
number
Percent
of total
Aggregate amountAverage amount
$0.01 — 4,999.99 24,596,809 24,596,809 15.82454 $49,955,916,999.79 $2,030.99
5,000.00 — 9,999.99 14,302,015 38,898,824 25.02585 105,618,963,100.30 7,384.90
10,000.00 — 14,999.99 12,379,776 51,278,600 32.99047 154,177,311,464.33 12,453.97
15,000.00 — 19,999.99 11,708,666 62,987,266 40.52333 204,732,802,232.30 17,485.58
20,000.00 — 24,999.99 11,426,640 74,413,906 47.87475 256,788,787,610.01 22,472.82
25,000.00 — 29,999.99 10,629,682 85,043,588 54.71343 291,868,158,332.66 27,457.84
30,000.00 — 34,999.99 9,800,998 94,844,586 61.01898 317,928,850,718.02 32,438.42
35,000.00 — 39,999.99 8,674,122 103,518,708 66.59954 324,757,045,666.11 37,439.76
40,000.00 — 44,999.99 7,490,687 111,009,395 71.41873 317,808,192,332.82 42,427.11
45,000.00 — 49,999.99 6,420,193 117,429,588 75.54921 304,506,489,554.06 47,429.49
50,000.00 — 54,999.99 5,503,433 122,933,021 79.08989 288,453,089,129.58 52,413.30
55,000.00 — 59,999.99 4,538,744 127,471,765 82.00992 260,628,100,776.13 57,422.96
60,000.00 — 64,999.99 3,852,706 131,324,471 84.48859 240,412,664,986.55 62,400.99
65,000.00 — 69,999.99 3,227,174 134,551,645 86.56482 217,572,172,375.75 67,418.79
70,000.00 — 74,999.99 2,736,486 137,288,131 88.32536 198,171,439,790.06 72,418.22
75,000.00 — 79,999.99 2,321,193 139,609,324 89.81871 179,708,793,386.42 77,420.88
80,000.00 — 84,999.99 1,940,006 141,549,330 91.06683 159,910,479,468.13 82,427.83
85,000.00 — 89,999.99 1,638,139 143,187,469 92.12074 143,212,447,026.89 87,423.87
90,000.00 — 94,999.99 1,402,397 144,589,866 93.02298 129,599,500,950.49 92,412.85
95,000.00 — 99,999.99 1,198,925 145,788,791 93.79432 116,821,407,086.82 97,438.46
100,000.00 — 104,999.99 1,046,850 146,835,641 94.46782 107,210,338,794.64 102,412.32
105,000.00 — 109,999.99 878,944 147,714,585 95.03329 94,421,494,943.50 107,426.06
110,000.00 — 114,999.99 757,881 148,472,466 95.52088 85,204,934,410.60 112,425.22
115,000.00 — 119,999.99 655,058 149,127,524 95.94232 76,928,438,707.32 117,437.60
120,000.00 — 124,999.99 580,492 149,708,016 96.31578 71,051,406,588.18 122,398.60
125,000.00 — 129,999.99 495,851 150,203,867 96.63479 63,184,232,492.56 127,425.84
130,000.00 — 134,999.99 435,352 150,639,219 96.91488 57,643,214,242.92 132,405.99
135,000.00 — 139,999.99 379,236 151,018,455 97.15886 52,119,726,042.43 137,433.49
140,000.00 — 144,999.99 338,285 151,356,740 97.37650 48,185,039,113.65 142,439.18
145,000.00 — 149,999.99 300,932 151,657,672 97.57011 44,375,356,926.35 147,459.75
150,000.00 — 154,999.99 273,403 151,931,075 97.74601 41,659,619,938.27 152,374.41
155,000.00 — 159,999.99 238,448 152,169,523 97.89941 37,539,706,539.15 157,433.51
160,000.00 — 164,999.99 210,029 152,379,552 98.03454 34,113,624,032.70 162,423.40
165,000.00 — 169,999.99 188,424 152,567,976 98.15576 31,550,178,146.75 167,442.46
170,000.00 — 174,999.99 169,655 152,737,631 98.26491 29,255,343,840.65 172,440.21
175,000.00 — 179,999.99 153,400 152,891,031 98.36360 27,216,822,945.93 177,423.88
180,000.00 — 184,999.99 145,441 153,036,472 98.45717 26,529,362,034.21 182,406.35
185,000.00 — 189,999.99 128,437 153,164,909 98.53980 24,074,323,321.42 187,440.72
190,000.00 — 194,999.99 116,258 153,281,167 98.61460 22,371,758,505.58 192,431.99
195,000.00 — 199,999.99 107,894 153,389,061 98.68401 21,306,957,951.68 197,480.47
200,000.00 — 249,999.99 740,127 154,129,188 99.16018 164,424,703,679.75 222,157.42
250,000.00 — 299,999.99 384,638 154,513,826 99.40764 104,784,905,070.89 272,424.73
300,000.00 — 349,999.99 233,404 154,747,230 99.55780 75,341,050,700.92 322,792.46
350,000.00 — 399,999.99 152,196 154,899,426 99.65572 56,809,841,256.96 373,267.64
400,000.00 — 449,999.99 107,297 155,006,723 99.72475 45,417,275,036.52 423,285.60
450,000.00 — 499,999.99 77,654 155,084,377 99.77471 36,778,018,236.20 473,613.96
500,000.00 — 999,999.99 248,985 155,333,362 99.93489 166,172,565,461.80 667,399.91
1,000,000.00 — 1,499,999.99 49,704 155,383,066 99.96687 59,761,731,778.83 1,202,352.56
1,500,000.00 — 1,999,999.99 18,949 155,402,015 99.97906 32,508,752,550.04 1,715,591.99
2,000,000.00 — 2,499,999.99 9,744 155,411,759 99.98533 21,634,465,294.88 2,220,285.85
2,500,000.00 — 2,999,999.99 5,517 155,417,276 99.98888 15,049,232,111.53 2,727,792.66
3,000,000.00 — 3,499,999.99 3,665 155,420,941 99.99124 11,834,191,089.43 3,228,974.38
3,500,000.00 — 3,999,999.99 2,536 155,423,477 99.99287 9,480,641,324.76 3,738,423.24
4,000,000.00 — 4,499,999.99 1,904 155,425,381 99.99409 8,063,803,520.94 4,235,190.92
4,500,000.00 — 4,999,999.99 1,431 155,426,812 99.99501 6,779,348,690.08 4,737,490.35
5,000,000.00 — 9,999,999.99 5,211 155,432,023 99.99837 35,415,849,085.24 6,796,363.29
10,000,000.00 — 19,999,999.99 1,775 155,433,798 99.99951 24,025,710,878.13 13,535,611.76
20,000,000.00 — 49,999,999.99 633 155,434,431 99.99992 18,587,918,850.68 29,364,800.71
50,000,000.00 and over 131 155,434,562 100.00000 11,942,233,798.41 91,162,090.06

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