Template:1962 American League standings
| Team | W | L | Pct. | GB | Home | Road |
|---|---|---|---|---|---|---|
| New York Yankees | 96 | 66 | .593 | — | 50–30 | 46–36 |
| Minnesota Twins | 91 | 71 | .562 | 5 | 45–36 | 46–35 |
| Los Angeles Angels | 86 | 76 | .531 | 10 | 40–41 | 46–35 |
| Detroit Tigers | 85 | 76 | .528 | 10½ | 49–33 | 36–43 |
| Chicago White Sox | 85 | 77 | .525 | 11 | 43–38 | 42–39 |
| Cleveland Indians | 80 | 82 | .494 | 16 | 43–38 | 37–44 |
| Baltimore Orioles | 77 | 85 | .475 | 19 | 44–38 | 33–47 |
| Boston Red Sox | 76 | 84 | .475 | 19 | 39–40 | 37–44 |
| Kansas City Athletics | 72 | 90 | .444 | 24 | 39–42 | 33–48 |
| Washington Senators | 60 | 101 | .373 | 35½ | 27–53 | 33–48 |