3 ms·
I’m fairly sure that the first figure you referenced is still inflation adjusted. The average salary in 1975 was $7600; the math is pretty self explanatory.
by joenot443 3y ago
I’m fairly sure that the first figure you referenced is still inflation adjusted. The average salary in 1975 was $7600; the math is pretty self explanatory.
- Dunedan 3y agoI'm not so sure about that. Mind that they talk about household income, not individual salaries. The median personal income in 1975 has been $26,450 [1], although that's across all generations (not sure if your number is). Edit: Unfortunately the statistics about the median household income [2] don't date back that far. [1]: https://fred.stlouisfed.org/series/MEPAINUSA672N https://fred.stlouisfed.org/series/MEPAINUSA672N [2]: https://fred.stlouisfed.org/series/MEHOINUSA672N https://fred.stlouisfed.org/series/MEHOINUSA672N