Posted March 10, 2018 09:53:03In 2019, the average annual salary in the U.S. will rise by $2,800, or about $30,000 per year.
In 2018, the median annual salary is $47,000.
In 2019 alone, average annual salaries for all positions at the top 1 percent of earners are expected to increase by $1.2 million, according to a study released Monday by the National Association of Realtors.
For many Americans, it’s the second year in a row they’re looking at a bump in their paycheck.
Last year, average earnings rose by $11,000, the largest increase since 2010.
But the average salary for the middle class fell by $4,000 last year, according the report.
“We think that the average income is likely going to remain flat or decline over the next couple of years,” said Steve Wozniak, CEO of the Realtor Federation.
“We think the economy is very good, and it’s only going to get better.”
For most Americans, the top 2 percent earned more in 2019 than they did in 2018, while the top 20 percent of wage earners saw their incomes rise by more than $20,000 in 2019.
For those who earn more than the top one percent, the number of people earning more than that rose to 3.2 percent in 2019, compared to 2.8 percent in 2018.
But for those who make less than that, the share of the population making more than it was last year fell to 10.2% from 11.3%.
The report also showed that the median wage for new home buyers rose $9,000 to $1,800 in 2019 from $1 of a year earlier.
But that price rise is driven primarily by a jump in the number buying houses.
The median price for a home purchased by a family of four jumped by $3,200 to $2.9 million.
That price increase was driven largely by a rise in sales of houses.