What is Average Salary in India in 2024: Per-Person Income by Age, Gender, and State
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Gender, geography, education, and experience are some of the variables that affect salary. In every area and field, men make more money than women. More job chances will arise in states with better infrastructure, and your qualifications will have a significant impact on your pay. The average base income in India was around Rs. 9,45,489 annually, according to Glassdoor data. The Union Minister of India declared in the Union Budget of 2024 that the average real income of Indians will rise by 50% over the previous year. The current average pay levels in India are reflected in this notable increase in average real income. We'll take you through a thorough rundown of the typical income in India in this article.
Table of content
Average Salary Per Person in India
According to Glassdoor data, an Indian citizen's monthly wage in 2024 will range from Rs. 8,000 to Rs. 1,43,000, with an average base pay of approximately Rs. 9,45,489 per year. We will now discuss the numbers according to different factors.
Average Salary Per Person in India Based on Age
Age is one of the key factors determining the salary range for a person in India. While a young person has several years in the workforce, older individuals are often paid more due to the skills and experience they gain over the years. The following table shows the age-specific salaries in India as of 2024:
Age Range | 10% | 75% | 90% | Average Salary |
Less than 24 years | Rs. 3,900 | - | Rs. 11,937 | Rs. 5,905 |
25- 34 years | Rs. 3,900 | Rs. 14,400 | Rs. 25,181 | Rs. 10,780 |
35- 44 years | Rs. 3,900 | Rs. 18,444 | Rs. 33,639 | Rs. 13,777 |
45- 54 years | Rs. 3,900 | Rs. 15,971 | Rs. 30,678 | Rs. 11,932 |
Above 55 years | Rs. 3,900 | Rs. 13,871 | Rs. 25,002 | Rs. 10,365 |
Average Salary Per Person in India Based on State
Location is another factor influencing the average salary of individuals in India. Some states are better positioned in terms of employment opportunities and pay scales. Here is a list of the income a person can earn in different Indian states:
State | Average Monthly Salary |
Uttar Pradesh | Rs. 20,730 |
West Bengal | Rs. 20,210 |
Maharashtra | Rs. 20,110 |
Bihar | Rs. 19,960 |
Rajasthan | Rs. 19,740 |
Madhya Pradesh | Rs. 19,740 |
Tamil Nadu | Rs. 19,600 |
Karnataka | Rs. 19,150 |
Gujarat | Rs. 18,880 |
Orissa | Rs. 18,790 |
Andhra Pradesh | Rs. 18,520 |
Jharkhand | Rs. 18,430 |
Kerala | Rs. 18,290 |
Punjab | Rs. 18,120 |
Assam | Rs. 17,860 |
Chattisgarh | Rs. 17,570 |
Haryana | Rs. 17,330 |
Uttranchal | Rs. 17,140 |
Delhi | Rs. 17,100 |
Jammu and Kashmir | Rs. 17,010 |
Tripura | Rs. 16,760 |
Himachal Pradesh | Rs. 16,640 |
Manipur | Rs. 16,420 |
Meghalaya | Rs. 16,260 |
Nagaland | Rs. 16,120 |
Pondicherry | Rs. 15,620 |
Arunachal Pradesh | Rs. 15,590 |
Goa | Rs. 15,540 |
Mizoram | Rs. 15,390 |
Sikkim | Rs. 15,130 |
Chandigarh | Rs. 14,940 |
Dadra and Nagar Haveli | Rs. 14,630 |
Andaman and Nicobar Islands | Rs. 14,350 |
Daman and Diu | Rs. 14,290 |
Lakshadweep | Rs. 14,260 |
Average Income in India Based on Gender
Despite India being a progressive nation, there is still pay parity between males and females. Regardless of the roles they work in, women in India are paid lower salaries than their male counterparts. Here are the average income rates per person based on gender as of 2024:
Gender | Average Annual Salary |
Male | Rs. 1,953,055 |
Female | Rs. 1,516,296 |
Conclusion
Making educated career decisions requires keeping track of the current salary range in the country. Average earnings vary based on several factors. They will probably rise, as the Union Budget of 2024 makes clear. Therefore, before committing to a certain employment, it is best for you to confirm the most recent average income.
FAQ
Q1. What is the minimum wage in India?
The lowest base income an employer is required to give an employee each day is known as the minimum wage. India does not have a set national minimum wage, in contrast to most other nations. Both the federal and state governments set it in accordance with the Minimum Wages Act of 1948. Because of this, the average salary differs in each Indian state.
Q2. Which states have the highest average salaries in India?
With an average monthly wage of Rs. 20,730, Uttar Pradesh is the highest-earning state in India. West Bengal and Maharashtra have the highest averages, with Rs. 20,210 and Rs. 20,110, respectively. The average income in the following states ranges from Rs. 19,960 to Rs. 19,150: Bihar, Rajasthan, Madhya Pradesh, Tamil Nadu, and Karnataka.
Q3. Which states have the lowest average salaries in India?
With an average monthly pay of Rs. 14,260, Lakshadweep has the lowest average salary of any state. Next are the Andaman and Nicobar Islands Rs. 14,350 and Daman and Diu Rs. 14,290. The average wage in Chandigarh and Dadra and Nagar Haveli is Rs. 14,940 and Rs. 14,630, respectively.
Q4. What is a good salary in India?
For middle-class standards in metropolitan regions, a respectable wage in India normally varies between Rs. 50,000 to Rs. 1,00,000 per month, depending on the industry and location.
Q5. What is the cause of the gender wage gap in India?
The disparity in the number of working men and women is the root cause of the gender pay gap. It also results from the requirement for sabbaticals and disparities in employment tenures.
Q6. What factors does salary in India depend on?
Salary levels in India are influenced by a number of factors, including job positions, industry standards, educational background, experience, geography, cost of living, corporate policy, and employee performance.
Q7. How is salary decided by employers?
Salary is determined by companies using a variety of criteria, such as education, experience, and comparable salaries. However, there are no hard and fast numbers when it comes to salary determination. To receive the greatest price, be careful to negotiate over an initial employment offer. Have a minimum pay in mind before attending an interview.
Q8. How does age influence salary in India?
There is a fair bit of variety in salaries, and one aspect that influences your likelihood of earning a certain amount of money is your age. As people age and progress in their occupations, they often make more money.
Q9. What is the average salary of a 30-year-old male in India?
In India, a 35-year-old man's monthly salary usually ranges from ₹50,000 to ₹80,000, depending on his expertise and industry.
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