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US Demographic Wage Data
Data Science and Analytics
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About
This dataset offers valuable insights into the median and average hourly wages in the United States, spanning from 1973 to 2022. It provides detailed hourly wage data for various demographic groups over time. The data originates from the Economic Policy Institute's (EPI) State of Working America Data Library, a trusted source for economic information.
Columns
The dataset comprises 31 columns, each representing specific wage data or time points:
- year: The year corresponding to the data point, recorded as an integer. Data ranges from 1973 to 2022.
- median: The median hourly wage for all workers, represented as a float. Values range from 18.8 to 23.6.
- average: The average hourly wage for all workers, represented as a float. Values range from 22.4 to 32.5.
- men_median: The median hourly wage specifically for men, represented as a float. Values range from 21.5 to 25.9.
- men_average: The average hourly wage specifically for men, represented as a float. Values range from 26.2 to 36.
- women_median: The median hourly wage specifically for women, represented as a float. Values range from 14.9 to 21.7.
- women_average: The average hourly wage specifically for women, represented as a float. Values range from 17.0 to 28.8.
- white_median: The median hourly wage for white workers, represented as a float. Values range from 19.4 to 26.0.
- white_average: The average hourly wage for white workers, represented as a float. Values range from 23.1 to 34.9.
- black_median: The median hourly wage for black workers, represented as a float. Values range from 15.9 to 19.9.
- black_average: The average hourly wage for black workers, represented as a float. Values range from 18.4 to 26.0.
- hispanic_median: The median hourly wage for Hispanic workers, represented as a float. Values range from 14.3 to 19.2.
- hispanic_average: The average hourly wage for Hispanic workers, represented as a float. Values range from 18.0 to 25.3.
- white_men_median: The median hourly wage for white men, represented as a float. Values range from 23.2 to 28.4.
- white_men_average: The average hourly wage for white men, represented as a float. Values range from 27.3 to 39.1.
- black_men_median: The median hourly wage for black men, represented as a float. Values range from 16.9 to 20.6.
- black_men_average: The average hourly wage for black men, represented as a float. Values range from 20.4 to 27.4.
- hispanic_men_median: The median hourly wage for Hispanic men, represented as a float. Values range from 15.0 to 20.4.
- hispanic_men_average: The average hourly wage for Hispanic men, represented as a float. Values range from 18.9 to 27.1.
- white_women_median: The median hourly wage for white women, represented as a float. Values range from 15.2 to 23.1.
- white_women_average: The average hourly wage for white women, represented as a float. Values range from 17.2 to 30.3.
- black_women_median: The median hourly wage for black women, represented as a float. Values range from 13.4 to 19.3.
- black_women_average: The average hourly wage for black women, represented as a float. Values range from 15.7 to 24.9.
- hispanic_women_median: The median hourly wage for Hispanic women, represented as a float. Values range from 13.3 to 17.8.
- hispanic_women_average: The average hourly wage for Hispanic women, represented as a float. Values range from 15.1 to 23.0.
- recent_high-school_graduate: The median hourly wage for recent high school graduates, represented as a float. Values range from 11.6 to 16.0.
- men_recent_high-school_graduate: The median hourly wage for recent high school graduate men, represented as a float. Values range from 12.3 to 16.9.
- women_recent_high-school_graduate: The median hourly wage for recent high school graduate women, represented as a float. Values range from 10.7 to 14.8.
- recent_college_graduate: The median hourly wage for recent college graduates, represented as a float. Values range from 19.4 to 27.4.
- men_recent_college_graduate: The median hourly wage for recent college graduate men, represented as a float. Values range from 20.1 to 29.0.
- women_recent_college_graduate: The median hourly wage for recent college graduate women, represented as a float. Values range from 18.6 to 26.3.
Distribution
The dataset is provided as a CSV file named
median_average_wages.csv, with a size of 9.21 kB. It contains 31 columns. Most columns have 50 valid records, indicating data for each year from 1973 to 2022. However, columns pertaining to recent high school and college graduates have 34 valid records, with 16 missing values, meaning data for these groups is not available for all years in the specified range. The dataset is expected to be updated annually.Usage
This dataset is ideal for a variety of analytical tasks and applications:
- Analysing trends and patterns in median and average hourly wages across different races and genders over time.
- Comparing wage growth rates among diverse demographic groups, including men, women, whites, blacks, Hispanics, recent high school graduates, and recent college graduates.
- Investigating wage gaps between various demographic segments.
- Examining the impact of economic events or policy changes on wages throughout the years.
- Visualising data to effectively communicate insights and trends to a broader audience.
- Comparing the effect of education on different genders' wages.
Coverage
The dataset focuses on hourly wage data within the USA. It covers a time range from 1973 to 2022. The demographic scope includes data for all workers, as well as breakdowns by gender (men, women), race (white, black, Hispanic), and educational attainment (recent high school graduates, recent college graduates), further segmented by gender within those educational groups. It is important to note that specific data for recent high school and college graduates is available for 34 out of the 50 years covered.
License
CC0: Public Domain
Who Can Use It
This dataset is suitable for a wide range of users, including:
- Researchers and economists: For academic studies on labour economics, income inequality, and demographic wage trends.
- Policy makers: To inform discussions and decisions related to economic policy, minimum wage, and anti-discrimination laws.
- Data analysts and scientists: For building models, performing statistical analysis, and creating visualisations of wage dynamics.
- Students: As a practical resource for coursework in economics, sociology, and data science.
- Journalists and media outlets: To report on wage trends, economic disparities, and social issues.
Dataset Name Suggestions
- USA Hourly Wage Trends (1973-2022)
- US Demographic Wage Data
- Hourly Wages by Gender & Race, USA
- American Labour Wage Statistics
- Historical US Wage Data (1973-2022)
Attributes
Original Data Source: US Demographic Wage Data
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