The average annual salary in Nevada in 2008 was $42,984. Ten years later, it was $50,041.
That 16.4 percent increase in nominal — not adjusted for inflation — dollars was the third smallest in the nation, according to an analysis of Bureau of Labor Statistics data by Comparisun, a financial literacy and business services rating site.
Nationally, nominal salaries grew by 25 percent.
Only Wyoming and Connecticut, at 15.84 percent and 16.01 percent respectively, had smaller increases than Nevada.
The state’s poor showing underscores how Nevada households have failed to make economic gains since the economic crash. An Economic Policy Institute analysis in September found when adjusted for inflation, Nevada’s median household income was 12.3 percent lower in 2018 than it was in 2007.