Average Earnings

Average Earnings Calculator

This calculator provides the average earnings based on the demographic information you select. The average earnings are calculated utilizing the historical earnings of people with similar demographics to those that you selected.

When Attorneys Use This Calculator

Attorneys utilize this calculator to assist in determining their clients' estimated earnings potential. The average earnings determined by this calculator are ballpark figures of an individual's earnings potential. This calculator is often used in cases in which the historical earnings of an individual are either unknown or do not accurately represent an individual's earnings potential.

For a calculation of your client's earnings potential and economic damages, complete a case form and a consultant will contact you shortly.

Terms and Conditions

Please read the Terms and Conditions before using the calculator.

Methodology

The average earnings provided by this calculator are based on the earnings reported by individuals with similar demographic information.

To determine the average earnings, data from the 2003 to 2014 Current Population Survey (CPS) are utilized. The Bureau of Labor Statistics (BLS) conducts the CPS monthly, and the annual March supplement includes questions regarding earnings. The data from the March supplements from 2003 to 2014 are utilized in this calculator.

Annual earnings for each year are calculated based on the demographics entered. Only wage earners, ages 18 to 80, who match the demographics entered are utilized in the analysis.

The annual earnings are inflation-adjusted to determine the average earnings in the dollar-year selected in the calculator. Inflation rates from the BLS' Consumer Price Index are utilized to calculate the inflation-adjusted average.

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We also have writings and calculators available to help you learn more about your client's economic damages.