This question is about average american income.

What is "real wage"?

By Zippia Team - Feb. 14, 2022

The real wage is the amount of money someone has when adjusted for inflation and the amount of goods and services that can actually be bought. In the U.S., the real wage is currently $67,521. Believe it or not, the real hourly wage has only increased by just over $2 since 1964.

Here is an easy way to calculate the real wage:

Wages / (1 + Inflation Rate) = Real Income

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