GITNUX MARKETDATA REPORT 2024
Statistics About The Average Salary In 1950
In 1950, the average salary in the United States was approximately $3,210 per year.
In this post, we explore a comprehensive overview of income and salary statistics from the year 1950 in the United States. From the average earnings of different professions to the income disparities among various demographic groups, we delve into the financial landscape of the mid-20th century. Dive into the numbers and uncover the fascinating facts about salary distributions in a bygone era.
Statistic 1
"The average income for men in 1950 was $3,300 per year,"
Statistic 2
"For women in the same year, the average income was slightly less than $1,500 per year,"
Statistic 3
"Median family income in 1950 was about $3,300,"
Statistic 4
"For families in the lower income bracket (earning less than $3,000 annually) in 1950, the average income was about $1,905,"
Statistic 5
"For families in the higher income bracket (earning more than $7,000 annually) in 1950, the average income was about $9,022,"
Statistic 6
"In 1950, only 9.3% of U.S. families earned more than $7,000 annually,"
Statistic 7
"The average salary for factory workers was $1.40 per hour in 1950,"
Statistic 8
"In 1950, the median salary for male teachers was around $4,000 annually,"
Statistic 9
"The median salary for female teachers in the same year was approximately $3,000 annually,"
Statistic 10
"Average income for physicians in 1950 was above $10,000,"
Statistic 11
"Average income for lawyers in 1950 was about the same as physicians',"
Statistic 12
"Only 1.2% of the population made more than $10,000 annually in 1950,"
Statistic 13
"The average salary for a federal government employee in 1950 was about $4,600,"
Statistic 14
"The average salary of US military members with the rank of Major in 1950 was $415.05 per month,"
Statistic 15
"The salary for the President of the United States in 1950 was $75,000,"
Statistic 16
"Workers in the transportation, communication, and utilities industries had average yearly earnings of $3,435 in 1950,"
Statistic 17
"The average salary for manufacturing and mechanical industries workers was $2,994 per year in 1950,"
Statistic 18
"In 1950, the average salary for Finance, insurance, and real estate industries workers was $3,679 per year,"
Statistic 19
"The average salary for workers in public administration was $3,733 per year in 1950,"
Statistic 20
"Agricultural workers earned an average of $1,314 in 1950,"
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