Real wages rose between 2022 and 2023: Percent change in inflation-adjusted wages for select part of the wage distribution and demographic groups
| Wage Levels | |
|---|---|
| Very low wage | 4.4% |
| Low wage | 2.6% |
| Middle wage | 0.9% |
| Less than HS | 1.5% |
| High School | 0.4% |
| Some college | 1.0% |
| Women | 1.1% |
| Men | 0.5% |
| AAPI | 0.6% |
| Black | 1.1% |
| Hispanic | 0.5% |
| White | 0.8% |
Note: Race and ethnicity categories are mutually exclusive (i.e., Black non-Hispanic, Hispanic, all races). AAPI is Asian American Pacific Islander. Very low wage is the 10th percentile wage, low wage is the 20th percentile wage, and middle wage refers to the average of the 40th to 60th percentiles for all demographic groups. Wages by education group represent average changes.
Source: EPI analysis of the Current Population Survey Outgoing Rotation Group microdata, EPI Current Population Survey Extracts, Version 1.0.48 (2024a), https://microdata.epi.org.