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Washington and U.S. average wages

Average wages

Inflation-adjusted to 2020 dollars

Year Washington U.S.
2020 $75,550 $64,018
2019 $69,641 $60,179
2018 $67,486 $59,116
2017 $64,932 $58,448
2016 $63,000 $57,574
2015 $61,514 $57,364
2014 $59,831 $55,782
2013 $58,543 $54,933
2012 $58,319 $55,112
2011 $57,894 $54,745
2010 $57,301 $54,597
2009 $57,000 $54,171
2008 $55,744 $54,012
2007 $56,115 $54,210
2006 $54,647 $53,192
2005 $53,454 $52,266
2004 $53,348 $51,925
2003 $53,072 $50,966
2002 $53,092 $50,483
2001 $52,775 $50,329
2000 $53,475 $49,928

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  • Washington started the decade of the 1980s in much better economic condition than the U.S. overall.
  • During the 1980s, high-paying jobs were lost as some production was shifted abroad. High real interest rates in the U.S. further depressed the demand for durable goods. Washington average wages were lower than the U.S. average wages during the years 1987-1990.
  • Real average wages started rising again in 1989 as the state benefited from growth in aerospace employment and foreign trade while the U.S. economy was in recession.
  • The fast growth in average wages during the mid- to late 1990s proved to be unsustainable as high-wage, but non-performing Dot-Com firms fell by the wayside.
  • The post 9/11 recession suppressed average wages in the early part of the decade, and significant growth did not resume until 2006.
  • The Great recession resulted in a decline in average wages in 2008 for both Washington and the U.S.
  • Washington state ranked 4th among the states in average wages in 2020.

Data source:

E-mail: OFM.Forecasting@ofm.wa.gov

Last updated
Wednesday, August 10, 2022
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