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.

How much did the average worker make 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. In 2010, women earned 74 cents for every dollar a man earned.

What was the average wage per hour in 1938?

When President Franklin D. Roosevelt signed America’s first federal minimum wage into law in 1938, it was 25 cents per hour. Adjusted for inflation, that would be worth about $4.45 today.

How much did a house cost in 1935?

Average cost of new house $4,100.00. Average wages per year $1,780.00. Cost of a gallon of gas 10 cents.

What was the average hourly wage in 1935?

Common Labor A study in the Monthly Labor Review from 1936 attempted to gather and analyze wage data of unskilled and semiskilled laborers in 1935. In total, the average entrance rate for common labor was $0.45 an hour, with a low of $0.15 and a high of $0.95.

What was the average wage for farm workers in 1939?

Wages for farm workers are compared to that of factory workers. Article starts on page 59 of the BLS Monthly Labor Review, July 1939 issue. Average yearly wage, reported with and without board (meals). Taken from the 1936 Statistical Abstract of the United States.

What was the average household income in 1938?

The Average income is $50k now (not median), 1938 income: 29 x $1731= $50,200 (about average income now.) 1938 home: $3900 x 29: $113,000, I can find an ok home for that money here in RI. Would probably be smart to start looking. Car: $860 x 29: $24,940 (Price of great mid-sized family car) Rent: $27 X 29: $783,…

What was average wage in United States in 1930?

Compares pre- and post-WWI wages, union rates, farm wage rates, hours of work, and average weekly earnings by industry. Compares the years 1914-23 with 1939-44. Source: The Urban Negro Worker in the United States, 1925-1936, published by the federal government as a WPA project.

What was the cost of a house in 1939?

In 1939, the cost to purchase a house in the United States was between $3,800 and $6,400. Renting a house cost approximately $28 per month. Homebuilding back then was quite different from the construction industry of today.