What was the average salary in 1940?
$1,368
The 16th decennial census of population began on April 1, 1940. The average income was $1,368, and the average unemployment rate in the 1930s was 18.26 percent, up from the average of 5.2 percent in the 1920s.
What was the average weekly wage in 1940?
From the early part of 1940 to the middle of 1943, average weekly wages in manufacturing establishments covered by State unemployment compensation laws increased 71 percent, from $26 to $45; average weekly wages in the combined group of industries we have classified as white-collar increased 21 percent, from $24 to $29 …
What was the average salary in 1942?
Of course, the average American’s yearly income in 1942 was $1,885, so $420 was a big chunk of change in those days.
What was a good salary in 1945?
The median total money income of urban and rural-nonfarm families and individuals in pri- vate households shifted slightly upward from 1944 to 1946. The figures were $2,410 in 1944, $2,595 in 1945, and $2,659 in 1946.
What was a high salary in 1940?
The median income for a man in 1940 was $956. Seventy years later, the median income was $33,276. Women in 1940 earned 62 cents for every dollar a man earned.
What was a good salary in 1920?
As we review these costs, don’t forget that the average household income in the United States in 1920 was approximately $3,269.40–that’s about $42,142.08 today, with inflation–so keep that in mind as we travel back 100 years and do a little window shopping.
What was a good salary in 1940?
How much was minimum wage in 1940?
| Actual minimum wage (2016$) | |
|---|---|
| 1938 | $ 3.67 |
| 1939 | $ 4.46 |
| 1940 | $ 4.43 |
| 1941 | $ 4.22 |
What was the minimum wage in 1947?
$ 3.71
| Actual minimum wage (2016$) | Minimum wage if it had grown with productivity | |
|---|---|---|
| 1947 | $ 3.71 | |
| 1948 | $ 3.46 | $5.43 |
| 1949 | $ 3.51 | $5.52 |
| 1950 | $ 6.49 | $5.94 |
How much did a teacher make in 1940?
| School Year | Superintendents | High School Teachers |
|---|---|---|
| 1937-1938 | 2800 | 1665 |
| 1938-1939 | 2900 | 1698.75 |
| 1939-19404 | 2700 | $2100 |
| 1940-1941 | 2900 | 2100 |
What was the average salary in 1918?
$1,518
According to the Bureau of Labor Statistics, the average household earned $1,518 in 1918, which is the equivalent of $21,644 in 2008 dollars (the second most expensive year for gas dating back to 1918).
What was the median household income of 1940?
Only 5 percent of the 1940 population had college degrees. By 2010, 28 percent of Americans were college graduates. The median income for a man in 1940 was $956. Seventy years later, the median income was $33,276 . Women in 1940 earned 62 cents for every dollar a man earned. In 2010, women earned 74 cents for every dollar a man earned.
What was the average salary for people in 1940?
The 16th decennial census of population began on April 1, 1940. The average income was $1,368, and the average unemployment rate in the 1930s was 18.26 percent, up from the average of 5.2 percent in the 1920s.
What was the average salary in 1960?
For the country as a whole, the average (median) income of families in 1960 was $5,600; but, for families headed by persons 65 years and over, the average was only $2,900, according to estimates released today by the Bureau of the Census, Department of Commerce.