The Gender Pay Gap Measured By the Hour: 2024 Data

# The Gender Pay Gap Measured By the Hour: 2024 Data The gender pay gap is often quoted as "women earn 84 cents for every dollar men earn." But what does that look like in real-time? ## The Hourly Breakdown ### Full-Time Workers (Median) **Men**: $57,456/year = **$27.62/hour** - Per second: $0.0077 - Per minute: $0.46 **Women**: $47,299/year = **$22.74/hour** - Per second: $0.0063 - Per minute: $0.38 **Gap**: **$4.88/hour** (17.7% difference) ## What This Means Every Day ### During an 8-hour workday: **Men earn**: $220.96 **Women earn**: $181.92 **Daily gap**: **$39.04** ### Over a year (2,080 working hours): **Men earn**: $57,456 **Women earn**: $47,299 **Annual gap**: **$10,157** ## By Industry ### Tech **Men**: $140,000/year ($67.31/hour) **Women**: $125,000/year ($60.10/hour) **Gap**: $7.21/hour ### Healthcare **Men**: $75,000/year ($36.06/hour) **Women**: $68,000/year ($32.69/hour) **Gap**: $3.37/hour ### Finance **Men**: $110,000/year ($52.88/hour) **Women**: $92,000/year ($44.23/hour) **Gap**: $8.65/hour ### Education **Men**: $58,000/year ($27.88/hour) **Women**: $54,000/year ($25.96/hour) **Gap**: $1.92/hour ## Controlled vs Uncontrolled Gap ### Uncontrolled (all jobs, all experience) **Gap**: 17.7% ### Controlled (same job, same experience, same location) **Gap**: 4.7% This means: - **13%** due to occupational segregation, hours worked, experience - **4.7%** unexplained (likely discrimination) ## The Accumulation Effect Starting at age 22 with the median gap: | Age | Men Earned | Women Earned | Gap | |-----|-----------|--------------|-----| | 30 | $459,648 | $378,392 | $81,256 | | 40 | $1,149,120 | $945,980 | $203,140 | | 50 | $1,838,592 | $1,513,568 | $325,024 | | 65 | $2,877,840 | $2,369,485 | $508,355 | **Lifetime earnings gap**: Over **$500,000** ## Progress Over Time The gap has narrowed: - **1979**: Women earned 62% of men's wages (38% gap) - **1999**: 76% (24% gap) - **2024**: 84% (16% gap) At current pace, wage parity expected by **2056**. ## Calculate Your Wage See how your hourly wage compares: [Try TickrPay's free calculator](/)