what is the average american income
The average American took in $44,569.20 last year, according to data released Tuesday by the Social Security Administration. It marks an increase of 3.5 percent from 2013. Still, 67 percent of wage earners made less than or equal to the average. Median compensation came in at $28,851.21 for the year, up from $28,031.02 in 2013. Despite the increase in average compensation last year, pay has struggled to pick up momentum recently.