Real hourly wage growth in NYC by wage quintile, 2024-2025

Compared with the annualized growth rate from 2019 to 2024

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Note: Nominal wages are adjusted for inflation using the Consumer Price Index for All Urban Consumers Research Series (R-CPI-U-RS).

Source: CNYCA analysis of Current Population Survey Outgoing Rotation Group microdata. Economic Policy Institute. 2026. Current Population Survey Extracts, Version 2026.4.13.