KING OF PAY IN THE USA
MANHATTAN TOP$
By KATE SHEEHY
November 20, 2007 -- Moneybag Manhattanites are set to earn an average salary of $147,000 this year - 16.7 percent more than in 2006, new labor statistics show.
Boosted by Wall Street bonanzas, residents' average weekly paychecks for the first quarter of this year soared to $2,821, the highest in the country.
But as for the rest of the city, fuhgeddaboutit.
Queens was the only outer borough to even come close to the national averages, and it still fell short.
While US workers earned an average of roughly $855 a week, or about $45,000 a year, residents in Queens pulled in $831, or just over $43,000 yearly.
Bronx residents followed with an average weekly salary of $788. Brooklynites typically raked in about $742, and Staten Islanders earned $733.
Those numbers - based on first-quarter figures for this year - did represent increases over the same time period last year, but they were much smaller than Manhattan's boost.
Among the outer boroughs, for example, the highest jump, in The Bronx, represented barely more than 5 percent. That just matched the national average.
Clearly tipping the money scales in Manhattan's favor was the Financial District, where workers can net multimillion-dollar bonuses in good times - and bad.
The average weekly paycheck for a Manhattan financial worker hit a staggering $10,156, for an annual salary of $528,000.
That's nearly a 25 percent increase over last year, according to the figures from the US Department of Labor's Bureau of Statistics.
And it's nearly four times what Manhattan residents in the information industry earn: $2,586.
The numbers only drop from there for other workers.
For example, Manhattan residents in the hospitality industry, such as hotel workers, net an average $769 a week.
Coming in second to Manhattan in terms of wages nationally was Fairfield, Conn., where residents pulled in average weekly paychecks of $1,979.
In the metro area, helping to round out the top 10 counties were Somerset and Hudson, both in New Jersey.
Overall, New York state ranked first nationally in terms of wage increases, with an 11.8 percent jump. Its residents earned an average $1,397 a week.
Those living in Washington, DC, top that at $1,428 a week.
The lowest paid in the nation reside in Montana ($600).
MANHATTAN TOP$
By KATE SHEEHY
November 20, 2007 -- Moneybag Manhattanites are set to earn an average salary of $147,000 this year - 16.7 percent more than in 2006, new labor statistics show.
Boosted by Wall Street bonanzas, residents' average weekly paychecks for the first quarter of this year soared to $2,821, the highest in the country.
But as for the rest of the city, fuhgeddaboutit.
Queens was the only outer borough to even come close to the national averages, and it still fell short.
While US workers earned an average of roughly $855 a week, or about $45,000 a year, residents in Queens pulled in $831, or just over $43,000 yearly.
Bronx residents followed with an average weekly salary of $788. Brooklynites typically raked in about $742, and Staten Islanders earned $733.
Those numbers - based on first-quarter figures for this year - did represent increases over the same time period last year, but they were much smaller than Manhattan's boost.
Among the outer boroughs, for example, the highest jump, in The Bronx, represented barely more than 5 percent. That just matched the national average.
Clearly tipping the money scales in Manhattan's favor was the Financial District, where workers can net multimillion-dollar bonuses in good times - and bad.
The average weekly paycheck for a Manhattan financial worker hit a staggering $10,156, for an annual salary of $528,000.
That's nearly a 25 percent increase over last year, according to the figures from the US Department of Labor's Bureau of Statistics.
And it's nearly four times what Manhattan residents in the information industry earn: $2,586.
The numbers only drop from there for other workers.
For example, Manhattan residents in the hospitality industry, such as hotel workers, net an average $769 a week.
Coming in second to Manhattan in terms of wages nationally was Fairfield, Conn., where residents pulled in average weekly paychecks of $1,979.
In the metro area, helping to round out the top 10 counties were Somerset and Hudson, both in New Jersey.
Overall, New York state ranked first nationally in terms of wage increases, with an 11.8 percent jump. Its residents earned an average $1,397 a week.
Those living in Washington, DC, top that at $1,428 a week.
The lowest paid in the nation reside in Montana ($600).
