Real Hourly Wage Growth in NYC, 2019-2024

8.2%
7.5%
8.5%
9.8%
34.5%
Low
Lower-middle
Middle
Upper-middle
Top 3%
The top 3% represents the average of the top three percentiles of the wage distribution. Low wages represent the average of the 1st-20th percentile, lower-middle the average of 21st-40th percentile, middle the average 41st-60th percentile, and upper-middle the average 61st-80th percentile. Wages are adjusted for inflation using the 2024 Consumer Price Index for Wage Earners and Clerical Workers for the New York, New Jersey and Pennsylvania area.
Source: CNYCA analysis of Current Population Survey Outgoing Rotating Groups data.