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What was the average monthly income in 1958?

Writer Isabella Wilson

Indexing yearly income

YearWage Index
1955$3,301.44
1958$3,673.80
1961$4,086.76
1964$4,576.32

What was the average annual salary in 1958?

The average (median) income of families was estimated at $5,100 in 1958, or about 2 percent higher than in 1957, despite the decline in economic activity which extended over much of the year, according to estimates released today by the Bureau of the Census, Department of Commerce.

What was the federal minimum wage in 1958?

In the year 1958, the United States minimum wage was $1.00. This is equivalent to $9.17 in 2021 dollars.

How much did the average house cost in 1959?

The average cost of a new house in 1959 was $12,400.00. In 2016, the average cost of a new house is $365,600.00. The average cost of a gallon of gas in 1959 was $0.25 (yes that’s right, 25 cents).

What was the average price of a house in 1958?

Prices in 1958. Prices for 1958. House: $10,450. Average income: $4,650. Ford car: $1967-$3929. Milk: $1.01. Gas: $.24.

What was the average household income in 1957?

Includes only people age 14 and over working full time. Average annual wage/salary income in 1957 According to the Occupational Outlook Handbook, the average earnings in 1957 for year-round, full time workers over the age of 14 was $4713 for men and $3008 for women. Source: Table 1, page 25.

What was the average household income 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.

What was the average monthly income in 1953?

Indexing yearly income Year Wage Index Year Year Wage Index 1951 $2,799.16 1952 1953 $3,139.44 1954 $3,155.64 1955 1956 $3,532.36 1957 $3,641.72 1958 1959 $3,855.80 1960 $4,007.12 1961 1962 $4,291.40