Income in the
Great Depression vs Now
Links to all of the resources I used when researching the income difference between 1933 and 2022. Please note that I used both inflation calculators and then averaged the two numbers so as to give a more accurate general estimate.
IRS Statistics for Income 1930 [Link]
IRS Statistics for Income 1933 [Link]
Department of Labor [Link]
Chapter 5: Americans in Depression and War By Irving Bernstein
Bureau of Labor Statistics (U.S. Department of Labor) "USUAL WEEKLY EARNINGS OF WAGE AND SALARY WORKERS" [Link]
Wikipedia - The Great Depression [Link]
US Inflation Calculator [Link]
CPI Inflation Calculator [Link]
See below for the two incomes I pulled from the IRS information provided in the links above.
IRS Statistics for Income 1930 [Link]
IRS Statistics for Income 1933 [Link]
Department of Labor [Link]
Chapter 5: Americans in Depression and War By Irving Bernstein
Bureau of Labor Statistics (U.S. Department of Labor) "USUAL WEEKLY EARNINGS OF WAGE AND SALARY WORKERS" [Link]
Wikipedia - The Great Depression [Link]
US Inflation Calculator [Link]
CPI Inflation Calculator [Link]
See below for the two incomes I pulled from the IRS information provided in the links above.
