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Montana: Wage per job

Wage per job refers to the average annual wage or salary per job, in other words, all wage and salary payments divided by the number of jobs. Here, we provide information on the real wage per job, which means the data have been adjusted for inflation.

The real wage per job in 2011 in Montana . . .

  • was $36,555, compared to $30,969 a decade earlier;

  • increased 0.4 percent between 1970 and 1980, decreased 12.5 percent between 1980 and 1990, increased 19.2 percent between 1990 and 2000, and increased 14 percent between 2000 and 2010;

  • ranked 49th – from highest to lowest – out of the 50 states.
 

To get the most out of this indicator . . .

 

Ask questions:

 

·         Is the average local wage per job above or below state and national averages?

·         How do average local wages compare to those in surrounding counties?

·         Is the average local wage per job increasing or decreasing?

 

Look at other indicators:

 

·         “Employment: Employment by industry” – Do industries with the most local jobs typically provide high or low wages?

·         “Housing: Housing affordability” – Do local wages provide enough income to afford local housing?

 

Dig deeper:

 

·         Look at the county rankings for your state and/or view maps to see how your county compares to others.

·         Download data for your county or state to see the average wage per job from year to year.

·         Use the Local Area Personal Income website from the U.S. Bureau of Economic Analysis to see the average wage per job for each industry type (construction vs. manufacturing, for example).  See Table CA34:  http://www.bea.gov/iTable/iTable.cfm?ReqID=70&step=1.

·         Take a Big Picture view of your county.

·         If you have specific questions, send us an e-mail.



Note: The employment estimates used to compute the average wage are a job, not person, count. People holding more than one job are counted in the employment estimates for each job they hold. The Consumer Price Index (CPI) is a measure of inflation. Here we adjusted dollar values by the CPI-U, which is the most commonly used CPI. Using the CPI to put dollar values in “real” terms makes it easier to see “inflation-free” change over time. Our base year is 2012, which means all dollar values are in terms of 2012 dollars. For more information, see (http://www.bls.gov/cpi/home.htm)

Source: 1969-2011: Bureau of Economic Analysis, Regional Economic Data, Local Area Personal Income, Table CA34, (http://www.bea.gov/iTable/iTable.cfm?ReqID=70&step=1); DATE LAST UPDATED: February 20, 2013.




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