Money

Here's how much the average young graduate earns

Share
Graduating students from Barnard College during the Columbia University 2016 Commencement ceremony in New York May 18, 2016.
Timothey A Clary | AFP | Getty Images

In general, wages have stagnated, or declined, for young graduates since 2000.

As the Economic Policy Institute (EPI) reports in a new study, "wages have grown in recent years, but not fast enough to make up for all the losses experienced since the Great Recession."

Scroll over the chart to see how the average hourly wages for high school and college grads have changed over the past three decades.

  CEO annual compensation (in thousands)   Worker annual compensation (in thousands)   Stock market (adjusted to 2016)   CEO-to-worker compensation ratio  
 Based on options realizedBased on options grantedPrivate-sector production/nonsupervisory workersFirms industryS&P 500Dow JonesBased on options realizedBased on options granted
1965$843 $800 $40.00 n/a5876,06620.218.4
1973$1,102 $1,046 $46.90 n/a5194,46422.520.5
1978$1,508 $1,431 $48.00 n/a3252,77430.127.4
1989$2,808 $2,664 $45.60 n/a6044,69458.953.7
1995$5,947 $6,595 $45.70 $53.10 8487,042122.6136.8
2000$20,664 $21,313 $48.30 $56.00 1,98914,947376.1411.3
2007$19,112 $13,282 $50.20 $56.00 1,71015,255347.5240.8
2009$10,746 $10,341 $52.20 $58.20 1,0619,941196.6183.9
2010$12,827 $11,677 $52.40 $59.00 1,25511,744230.3206.3
2011$12,958 $11,997 $51.80 $58.70 1,35312,760232.7213.2
2012$15,261 $11,587 $51.40 $58.30 1,44213,554281.5209.8
2013$15,603 $11,986 $51.70 $58.50 1,69415,465291.8214.5
2014$16,569 $12,469 $51.90 $58.80 1,95817,011298.7224.5
2015$16,341 $12,496 $52.70 $59.70 2,08717,810286.1219.7
2015 (June 2016)$15,699 $12,173 $52.90 $59.20 2,08717,810275.4215.4
2016 (June 2017)$15,021 $12,636 $53.30 $60.80 2,09517,927259.8218
2016(projection)$15,636 $12,970 $53.30 $60.80 2,09517,927270.5223.8
         
Percent change      Change in ratio 
1965-197878.90%78.90%19.90%n/a-44.70%-54.30%9.99
1978-20001270.10%1389.50%0.60%n/a512.70%438.80%346383.9
2000-2016-24.30%-39.10%10.50%8.50%5.30%19.90%-105.6-187.5
2009-201645.50%25.40%2.20%4.50%97.50%80.30%73.939.9
1978-2016936.70%806.50%11.20%n/a545.20%546.30%240.4196.4

Source: Source: http://www.epi.org

High school grads earn an average hourly wage of $10.89, which translates to an annual income of $22,700 for a full-time, full-year worker.

College grads make about double that: $19.18 an hour, or $39,000 a year.

"On average, wages of young female graduates remain far less than those of young male graduates, regardless of educational attainment," the EPI reports. "Among young high school graduates, women are currently paid 90 cents for every dollar paid to men, while among young college graduates, women are paid 86 cents for every dollar paid to men."

Here's the full breakdown: