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Washington and U.S. average wages

Average wages

Inflation-adjusted to 2019 dollars

Year Washington U.S.
2019 $68,927 $59,451
2018 $66,672 $58,413
2017 $64,159 $57,748
2016 $62,235 $56,873
2015 $60,797 $56,696
2014 $59,125 $55,123
2013 $57,824 $54,259
2012 $57,598 $54,431
2011 $57,202 $54,090
2010 $56,618 $53,946
2009 $56,276 $53,484
2008 $55,140 $53,427
2007 $55,529 $53,644
2006 $54,833 $52,622
2005 $52,833 $51,658
2004 $52,709 $51,303
2003 $52,442 $50,361
2002 $52,379 $49,805
2001 $52,070 $49,656
2000 $52,716 $49,220
1999 $51,967 $47,588

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Data

  • 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 5th among the states in average wages in 2019.

Data source:

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

Last updated
Friday, July 2, 2021
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