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The median wage in Massachusetts is far higher than for the U.S. as a whole, but workers with lower incomes have a much smaller relative advantage, according to a new report by the Massachusetts Budget and Policy Center.
Based on a three-year rolling average from the Bureau of Labor Statistics, the report says that the median household income for the state is 17.4 percent higher than the national figure.
However, people at the 20th income percentile make just 6.8 percent more than their counterparts nationwide: $10.08 per hour compared to $9.43. Those at the 80th percentile make 26 percent more than those in the same percentile nationally.
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Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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