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Wages in the U.S.: real and nominal value of the minimum wage through 2013

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*

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Source

Release date

January 2014

Region

United States

Survey time period

1938 to 2013

Age group

Supplementary notes

* Some dates and values were not listed to better reflect the data

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Statistics on "Minimum Wage in the United States"

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