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What is the Hourly Rate in Guam?

Published in Guam Wages 2 mins read

The average hourly wage for workers in Guam was $20.29 in May 2023. This figure represents the typical earnings for employees across various sectors on the island.

Comparison to U.S. National Averages

While Guam's hourly rate provides a snapshot of local earnings, it's insightful to compare it with the broader United States economic landscape. The nationwide average hourly wage in the U.S. was $31.48. This significant difference highlights a notable disparity in earnings between the island and the mainland.

  • Average Hourly Wage in Guam (May 2023): Workers on Guam earned an average of $20.29 per hour.
  • Average Hourly Wage Nationwide U.S.: The national average hourly wage in the U.S. stood at $31.48.
  • Earnings Disparity: On average, island residents earn approximately $11.19 less per hour compared to the national U.S. average, indicating a considerable difference in earning power.

This comparison underscores the economic context for island residents, who generally earn less than their counterparts on the U.S. mainland.

Key Wage Statistics

To summarize the current hourly rate and its comparison:

Location/Category Average Hourly Wage (May 2023)
Guam $20.29
United States (Overall) $31.48
Hourly Earnings Gap Approximately $11.19 (less)

This structured overview provides a clear understanding of the average hourly rate in Guam and its relation to the broader U.S. economy.