What was the average family income in the 1930's?

Question

I am doing a research paper for college. I need to write about the Great Depression, and compare/contrast it to what life was like before the 1930s. Anyone know?

Answer 1

To provide an estimate of inflation we have given a guide to the value of $100 US Dollars for the first year in the decade to the equivalent in todays money
If you have $100 Converted from 1930 to 2005 it would be equivalent to $1204.42 today
In 1930 average new house cost $7,145.00 and by 1939 was $3,800.00
In 1930 the average income per year was $1,970.00 and by 1939 was $1,730.00
In 1930 a gallon of gas was 10 cents and by 1939 was 10 cents
In 1930 the average cost of new car was $640.00 and by 1939 was $700.00

Answer 2

Average Income In 1930

Answer 3

This Site Might Help You.

RE:
What was the average family income in the 1930's?
I am doing a research paper for college. I need to write about the Great Depression, and compare/contrast it to what life was like before the 1930s. Anyone know?

Answer 4

There is a graph of average income from 1914 to 2004 at
http://www.visualizingeconomics.com/2006/08/15/average-income-in-the-united-states/

Answer 5

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I think there would probably have been quite a drastic change during this era, because the 20s was an era of great prosperity, which came to an abrupt end in 1929, to be followed by the Great Depression of the 1930s, which did not end until America entered WW2 in 1941 (in the UK we also had a depression in the 30s, but it finished earlier because we went to war in 1939). In the 20s, the spread of labour-saving devices made home life more comforable. In the 20s, for the first time, most middle-class Americans had not only running water in their homes, but the full system of sinks and drains and toilets and sewers. By 1927, nearly two-thirds of American homes had electricity, and women were using it to power vacuum cleaners, ranges, refrigerators, toasers and irons. The washing machine was a work in progress, but many women sent their clothes to laundries, where business was at an all-time peak. In 1921, the radio arrived. By 1929, a third of all American households were listening to the radio, the vast majority every day. The movies also became enormously popular in the twenties, with most people going at least once a week. In the 1920s, most American families acquired cars. The Depression led to a sharp drop in most people's standards of living. Diana Morgan, a North Carolina college student, felt "the world was falling apart" when she came home for Christmas vacation and found the phone had been disconnected. children were shocked by seeing their fathers put on overalls instead of a suit for work, or a mother trying to sell door-to-door products. The writer Caroline Bird said her worst memory was seeing a friend of the family, who she remembered as a proud captain in the US navy, taking tickets at the neighbourhood movie theatre. The average family income dropped 40 percent between 1929 and 1933, and while men took second jobs or searched for better-paying employment, most of their wives stayed home and sruggled with what Eleanor Roosevelt called "endelss little economies and constant anxieties". At the bottom of the middle class, women worried about losing their homes and falling back into the class of renters - in Indianapolis, more than half the families with mortgages had defaulted on them by 1934. Those higher on the economic ladder simply had to figure out how to keep up appearances wihtout the help of servants (an ad for bleach showed a pair of elegant hands in a tub of dirty laundry and asked: "Doint it yourself these days?"). The people who suffered most during the Depression had genreally been poor all along, and now they quickly got poorer. "I have watched fear grip the people in our neighbourhood around Hull House" wrote Jane Addams. The sense of solidarity among the poor was often - though certainly not always - strong. Housewives with very little still fed hungry tramps who came to the door. Pauline Kael, a teenager in the Depression who grew up to be a famous film critic remembered her mother vowing "I'll feed them till the food runs out." The number of married women who worked continued to increase throughout the thirties. Although most of these women struggled to keep poor families above water, a number were middle class and were attempting to preserve the good things they had gotten used to since World War I - like electric lights and gas stoves, and the ability to keep their children in school. It was an important cultural shift that sent married women into the workforce in larger and larger numbers.

Answer 6

my grandpa talks about the great depression all the time he says everything was hard basically every little thing we take for granted now was very hard to come by back then. by the way you might want to prepare because in case you havent noticed we got another depression comming our way this one will be brought on by a dollar collapse.