Description:
The 40th percentile of hourly wages, in constant dollars. If all workers were put in order from highest to lowest hourly wage, the 40th percentile would be the value that divides the bottom 40 percent of workers from the top 60 percent.
Source:
Economic Policy Institute, The State of Working America Data Library. EPI’s estimates are based on the Current Population Survey.
Methodological Notes:
Wages are adjusted for inflation using the Consumer Price Index for All Urban Consumers Research Series (CPI-U-RS).