America’s median wage has dropped to levels not seen since 1998, according to data from the Social Security Administration released in October and reported by Al Jazeera America.
Half of U.S. workers made less than $27,519 in 2012, about four bucks less than they earned in 2011 — but nearly a grand off median wages’ all-time peak in 2007. Meanwhile, total real wages per American were 6% off their 2007 levels.
Of course, the other half of the coin is doing much better, especially as you reach the upper crust. In 2012, there were 27% more Americans making $5 million-plus than in 2011, and total wages for this group grew by 40%.