Percentile Formula:
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The US Salary Percentile indicates what percentage of US workers earn less than a particular salary. It helps individuals understand how their salary compares to the national distribution.
The calculator uses the percentile formula:
Where:
Explanation: The equation calculates what percentage of the total workforce earns less than the specified salary.
Details: Knowing your salary percentile helps in salary negotiations, career planning, and understanding your position in the national income distribution.
Tips: Enter the number of workers earning less than your salary and the total US workforce count. Both values must be positive numbers.
Q1: Where can I find the number below and total US counts?
A: These statistics are typically available from government labor reports or reputable salary research websites.
Q2: What is a good salary percentile?
A: This depends on your goals. The 50th percentile is median, while 90th+ is considered high earning.
Q3: Does this account for location differences?
A: No, this is a national calculation. For local comparisons, you would need location-specific data.
Q4: How often should I check my salary percentile?
A: Annually or whenever considering a job change, as salary distributions change over time.
Q5: Does this include all types of compensation?
A: Typically this is base salary only. Total compensation including bonuses and benefits may differ.