Think back to your first job at the local ice cream shop. Working after school, 15 hours per week at $7 an hour was enough to fulfill your wishes, hopes and dreams. (Let's be honest, back then, none of us wished for much more than a reciprocated crush and a big allowance.)
Those days have long since passed. Unless you're a waged worker (paid hourly) like 59 percent of U.S. workers are, according to the Bureau of Labor Statistics, you probably don't have a clue what your salary translates to per hour.
The median household salary is $48,201, according to the 2006 U.S. Census Bureau report. This makes the average hourly rate $23.17 based on a 40-hour workweek.
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