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Average Wage Index (AWI)Updated October 17, 2007 |
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We use the term "wages" to refer to net compensation. Raw average wage data are presented in the table below. Note that an average wage is an average per worker, not an average per job. An increase in the latest such average wage over the previous one is multiplied by the last AWI to produce the next AWI. A table showing average and median wage growth is available. |
Year | AWI series 1 | SSA raw data | |||
---|---|---|---|---|---|
Amount | Increase | Average amount | Number of workers | Aggregate wages | |
1984 | [see data for prior years] | $15,250.75 | 112,666 | $1,718,239 | |
1985 | 16,822.51 | 4.26% | 15,900.51 | 114,922 | 1,827,321 |
1986 | 17,321.82 | 2.97% | 16,372.45 | 115,135 | 1,885,046 |
1987 | 18,426.51 | 6.38% | 17,416.59 | 119,557 | 2,082,269 |
1988 | 19,334.04 | 4.93% | 18,274.38 | 122,797 | 2,244,036 |
1989 | 20,099.55 | 3.96% | 18,997.93 | 126,909 | 2,411,003 |
1990 | 21,027.98 | 4.62% | 19,875.47 | 127,554 | 2,535,192 |
1990 2 | -- | -- | 20,172.11 | 127,505 | 2,572,044 |
1991 | 21,811.60 | 3.73% | 20,923.84 | 126,208 | 2,640,753 |
1992 | 22,935.42 | 5.15% | 22,001.92 | 127,106 | 2,796,569 |
1993 | 23,132.67 | 0.86% | 22,191.14 | 128,728 | 2,856,628 |
1994 | 23,753.53 | 2.68% | 22,786.73 | 130,572 | 2,975,300 |
1995 | 24,705.66 | 4.01% | 23,700.11 | 134,212 | 3,180,838 |
1996 | 25,913.90 | 4.89% | 24,859.17 | 136,561 | 3,394,789 |
1997 | 27,426.00 | 5.84% | 26,309.73 | 139,349 | 3,666,228 |
1998 | 28,861.44 | 5.23% | 27,686.75 | 141,760 | 3,924,866 |
1999 | 30,469.84 | 5.57% | 29,229.69 | 145,061 | 4,240,084 |
2000 | 32,154.82 | 5.53% | 30,846.09 | 148,114 | 4,568,731 |
2001 | 32,921.92 | 2.39% | 31,581.97 | 148,282 | 4,683,048 |
2002 | 33,252.09 | 1.00% | 31,898.70 | 148,069 | 4,723,210 |
2003 | 34,064.95 | 2.44% | 32,678.48 | 147,722 | 4,827,338 |
2004 | 35,648.55 | 4.65% | 34,197.63 | 149,439 | 5,110,451 |
2005 | 36,952.94 | 3.66% | 35,448.93 | 151,603 | 5,374,177 |
2006 | 38,651.41 | 4.60% | 37,078.27 | 153,853 | 5,704,593 |
1 See
Actuarial Note 103
for the development of the AWI series prior to 1978 and
Actuarial Note 133
for further detail on average wages for 1985-90. 2 Data for 1990 and later include contributions to deferred compensation plans. Data shown here for 1990, though not used to compute the 1990 AWI, were needed to calculate the increase in raw average wages from 1990 to 1991 on the same basis (both including deferred compensation contributions) and thus provide a smooth transition in the AWI series. |
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