Median American Weekly Paycheck Drops from $1,235 to $850 After Taxes and Deductions
The median weekly paycheck for a full-time worker in the U.S. was reported at $1,235 before deductions but drops significantly after taxes and other withholdings such as Social Security, Medicare, health insurance premiums, and retirement contributions. Real average hourly earnings fell due to inflation outpacing wage growth.
Topics: Disposable income Inflation Paychecks Savings Taxes