What was the wage in 1948?
Robert Harper 
Annual inflation over this period was 3.36%. In the year 1948, the United States minimum wage was $0.40. This is equivalent to $4.45 in 2021 dollars….1948 United States Minimum Wage in Today’s Dollars.
| Year | Inflation-adjusted | Actual |
|---|---|---|
| 1951 | $0.43 | $0.75 |
| 1950 | $0.40 | $0.75 |
| 1949 | $0.41 | $0.40 |
| 1948 | $0.40 | $0.40 |
What was the median real income growth in 1948?
With regard to in- come, the median (middlemost) family income be- fore taxes amounted to about $3,100 in 1948 com- pared with roughly $1,500 in 1941—an increase of over 100 per cent. After allowance for Federal in- come taxes, the increase in the median family in- come during this period was roughly 100 per cent.
What was the average family income in 1949?
$3,100
Peel, Director, Bureau of the Census, Department of Commerce. The income of the average family was $3,100 in 1949. Although this was somewhat lower than the figure for the preceding year, it was still about $500 higher than the medians for the war years of 1944 and 1945.
What was the average hourly wage in 1948?
Average hourly pay and pay inequality, 1948–2011 (2011 dollars)
| Wages and salaries | Total compensation | |
|---|---|---|
| Real hourly pay (NIPA)** | ||
| 1948 | $9.69 | $10.21 |
| 1989 | 20.14 | 24.75 |
| Annual percent change |
What was the minimum wage in 1949 in the US?
The states of CA, CT, MA, NH, ND, RI, WA, WI and Puerto Rico had minimum wage laws in 1949 that covered specified types of workers in particular occupations. The chart in this source tells minimum wages for each. This website does a good job of organizing a complex topic.
What was the average salary of a teacher in 1940?
In 1940, public teachers in the state of Missouri made an average salary of $1,159. Source: Bureau of Education ; In 1940, the average cost of a passenger train ticket per mile was $0.0176. Source: Section of Transportation Service; In 1946, nurses earned an average salary beginning at $168. Source: U.S. BLS
What was the cost of a pound of bread in 1940?
In 1940, bread cost an average of $0.08 per pound. Source: U.S. BLS; In 1940, milk cost an average of $0.26 per ½ gallon. Source: U.S. BLS; In 1940, eggs cost an average of $0.33 per dozen. Source: U.S. BLS; In 1940, sugar cost an average of $0.052 per pound. Source: U.S. BLS; In 1940, flour cost an average of 21.5¢ per 5lbs. Source: U.S. BLS
What was the salary of a hardware store in 1940?
Hardware store — Contains tables showing operations of established stores, including owner’s salary, for 1940 on pages 22-23. Heating and plumbing contracting business — Page 113 discusses the practice of earning a weekly labor salary in addition to proprietor earnings.
