This statistic presents the nominal and real value of the statutory minimum wage in the United States from 1938 to 2013, in 2013 U.S. dollars. In 1938, the minimum wage was 0.25 U.S. dollars per hour, the equivalent of 4.06 U.S. dollars in 2013 terms. The real value of the minimum wage peaked in 1968 when minimum wage workers earned 1.60 U.S. dollars per hour, the equivalent of 10.69 U.S. dollars in 2013 terms.
The real and nominal value of the federal minimum wage in the United States from 1938 to 2013, expressed in July 2013 U.S. dollars*
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Statista Accounts:
Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.
CRS. (January 8, 2014). The real and nominal value of the federal minimum wage in the United States from 1938 to 2013, expressed in July 2013 U.S. dollars* [Graph]. In Statista. Retrieved May 22, 2022, from https://www.statista.com/statistics/322624/minimum-wage-us-real-and-nominal-value-over-time/
CRS. "The real and nominal value of the federal minimum wage in the United States from 1938 to 2013, expressed in July 2013 U.S. dollars*." Chart. January 8, 2014. Statista. Accessed May 22, 2022. https://www.statista.com/statistics/322624/minimum-wage-us-real-and-nominal-value-over-time/
CRS. (2014). The real and nominal value of the federal minimum wage in the United States from 1938 to 2013, expressed in July 2013 U.S. dollars*. Statista. Statista Inc.. Accessed: May 22, 2022. https://www.statista.com/statistics/322624/minimum-wage-us-real-and-nominal-value-over-time/
CRS. "The Real and Nominal Value of The Federal Minimum Wage in The United States from 1938 to 2013, Expressed in July 2013 U.S. Dollars*." Statista, Statista Inc., 8 Jan 2014, https://www.statista.com/statistics/322624/minimum-wage-us-real-and-nominal-value-over-time/
CRS, The real and nominal value of the federal minimum wage in the United States from 1938 to 2013, expressed in July 2013 U.S. dollars* Statista, https://www.statista.com/statistics/322624/minimum-wage-us-real-and-nominal-value-over-time/ (last visited May 22, 2022)
