Our latest research piece saw us take a little time out from comparing the best POS systems and credit card processing companies to delve deep into the changes in US earnings over the past decade.
Where has income increased the most in the past 10 years?
Salaries in the US have grown at an average rate of 25% over the last ten years, rising from $45,563 in 2008 to $57,266 in 2018, but just how does this vary by state?
We’ve taken a look at the latest Bureau of Labor Statistics data to find out exactly where salaries have increased the most.
North Dakota was the state showing the fastest growth (49.27%), with neighbouring South Dakota in third place (33.12%).
States on the West Coast also showed significant growth, with Washington (41.98%), California (33%) and Oregon (31%) making up the rest of the top five.
At the other end of the scale, while Wyoming saw earnings rise the least (15.84%), it was generally the Northeast and Southern states that saw the slowest growth.
Sources
All earnings data have been taken from the Bureau of Labor Statistics’ Quarterly Census of Employment and Wages (2008 and 2018 earnings data).