What was a good salary in 1947?

Families in the United States had an average (median) income of $3,000 i n 1947, according to estimates issued today by J. C. Capt, Director, Bureau of the Census, Department of Commerce. This represents an increase of about 20 percent over the figure of $2,500 for 1944.

What was a good 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 the average wage in 1943?

In November 1943 the average was $23.42, an increase of 7 percent. The loss in the purchasing power of this benefit between these two dates is not measured by the difference between 7 percent and the estimated increase of 24 percent in the cost of living as measured by the Bureau of Labor Statistics index.

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 the average yearly salary 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 1950?

Average family income in 1950 was $3,300, or $200 higher than in 1949, according to estimates issued today by Roy V. Peel, Director, Bureau of the Census, Department of Commerce.

How much did a house cost in 1949?

Even adjusted for inflation, the median home price in 1940 would only have been $30,600 in 2000 dollars, according to data from the U.S. Census. Here’s how much the median home value in the U.S. has changed between 1940 and 2000: 1940: $2,938. 1950: $7,354.

How much was $1 worth in 1940?

$1 in 1940 is equivalent in purchasing power to about $20.08 today, an increase of $19.08 over 82 years. The dollar had an average inflation rate of 3.73% per year between 1940 and today, producing a cumulative price increase of 1,908.20%. The inflation rate in 1940 was 0.72%.

What was the pay for soldiers in ww2?

World War II

In 1944, privates serving in World War II made $50 a month, or $676.51 in 2016 dollars. It seems like toppling three fascist dictators would pay better than that, but what do we know.

What was a good 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.

What was the average salary in 1935?

The 39,458,300 “consumer units” in 1935-36 3 included 29,400,300 families of two or more persons and 10,058,000 single individuals. The estimated aggregate income of families was $47,679,238,000. The family average was $1,622 and the per-capita average of the members of families was $411.

What was the average wage in 1948?

The income of the average (median) family was $3,200, or about $150 higher than in 1947 and about $600 higher than in the war years of 1944 and 1945.

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.