What was minimum wage in 1918?

What was minimum wage in 1918?

$0.21 $0.16
History of California Minimum Wage

Effective Date New Minimum Wage Old Minimum Wage
1920 $0.33 $0.28
1919 $0.28 $0.21
1918 $0.21 $0.16
1916 $0.16

What was the average income in 1920?

approximately $3,269.40
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 minimum wage in 1914?

On January 5, 1914, automaker Henry Ford made history by instituting a $5-a-day wage. The move made national news. Five dollars a day constituted double the industry norm—and double the pay of most of Ford’s own employees.

What was a good salary in 1920?

In 1920, the Internal Revenue Service reports, the average income was $3,269.40 per year.

What was the average salary in 1915?

1915. Census Bureau data show that the median household income, measured from 2009 to 2013 (the most recent data available), is $53,046. Back in 1915, two years after income tax came on the scene, you were doing about average if you were making $687 a year, according to the Census. That is, if you were a man.

What was the average salary in 1925?

65.7 cents in 1922, and average full-time earnings per week were $37.05 in 1928, $36.37 in 1925, and $32.92 in 1922.

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 1915?

How much did the average factory worker make in 1920?

The Tirocchi workforce during those last three months of 1920 fell into three categories: six workers at the top of the pay scale earned from 28 to 40 cents an hour; four in the middle range earned about 17 cents an hour; and three at the bottom earned from nine to eleven cents.

How much did a house cost in 1901?

Houses For Sale May 1901

House Price 2000 $
new 2-family house $4,000 $79,801
11-room house Elmwood District $4,500 $89,776
near the Circle $4,500 $99,751
new house, barn, at Rosedale, 1 mile N. of Main at city line $850 $16,958

How much was $1 worth in 1940?

$1 in 1940 is equivalent in purchasing power to about $19.76 today, an increase of $18.76 over 81 years. The dollar had an average inflation rate of 3.75% per year between 1940 and today, producing a cumulative price increase of 1,875.64%.