What were wages in 1960?

What were wages in 1960?

Value of the minimum wage, 1960–2011

Minimum wage
Current dollars 2011 dollars
1960 $1.00 $6.65
1967 1.40 8.25
1973 1.60 7.24

What was a high salary in 1960?

Indexing yearly income

Year Wage Index
1957 $3,641.72
1960 $4,007.12
1963 $4,396.64
1966 $4,938.36

What was the average salary in 1961?

For the country as a whole, the average (median) income of families in 1961 was about $5,700; but for families headed by college graduates, the average was $9,300, according to estimates released today by the Bureau of the Census, Department of Comnerce.

How much did lawyers make in the 1960s?

In the early 1960s the majority of attorneys practiced on their own in one-man offices. The average yearly income for such practitioners was about $8,000.

What was a middle class income in 1960?

$5,600
For the country as a whole, the average (median) income of familiesin1960 was $5,600; but, for families headed by persons 65 years and over, the average was only $2,900, according to estimates released today by the Bureau of the Census, Department of Comnerce.

What was the average salary in 1962?

For the country as a whole, the average (median) income of families in 1962 was about $6,000, according to estimates released today by the Bureau of the Census, Department of Commerce. This average was about $220, or 4 percent, higher than in 1961, reflecting the improvement in the economy throughout 1962.

What was the average paycheck in the 60s?

Archived Content

Male Female
Average earnings Average earnings
1958 75.03 41.90
1959 79.20 43.36
1960 80.34 43.96

What was a good salary in 1962?

What was the average salary in 1965?

$6,900
the average (median) income of families in 1965 was $6,900, a gain of about $310, or 5 percent, over 1964.

What was considered rich 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 a good salary in 1956?

Average (median) family income in the United States was still rising in 1956, according to estimates, released today by the Bureau of the Census, Department of Commerce. The average income of all families was estimated at $4,800, or about 8 percent higher than in 1955.

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