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Personal Income Unchanged in 1958 Despite Business Downturn (Advance data, March 1959 sample survey)
Personal Income Unchanged in 1958 Despite Business Downturn (Advance data, March 1959 sample survey)
Report Number P60-31
In 1958, the average income of men and women remained at the same level as in 1957 in spite of the decline in economic activity which extended over most of the year, according to estimates released today by the Bureau of the Census, Department of Commerce.
The average (median) income of men, which had been rising steadily between 1954 and 1957, leveled off at $3,700 in 1957 and 1958. The proportion of men whose incomes were $5,000 or more increased by 2 percent over the year to a new record level of 32 percent. In 1945, at the close of World war II, only 5 percent of men had incomes that high.
Among women, the average income in 1958 was estimated at $1,200, about the same as it had been in the preceding year. Since 1945 the average income of women has increased by about $275, or 31 percent, while that of men has more than doubled during the same period.
A Note on Language
Census statistics date back to 1790 and reflect the growth and change of the United States. Past census reports contain some terms that today’s readers may consider obsolete and inappropriate. As part of our goal to be open and transparent with the public, we are improving access to all Census Bureau original publications and statistics, which serve as a guide to the nation's history.
Others in Series
Publication
Family Income Up 4 Percent in 1957 (Advance data)
Advance data from the March 1958 sample survey showing distribution of families by total money income, for the United States, farm and nonfarm, 1952 to 1957.
Publication
Income of Families and Persons in the United States: 1957
Distribution of families and unrelated individuals by total money income, by color, type of family, age, size of family, number of earners, and type of income.
Publication
Slight Rise in Family Income in 1958 (Advance data)
Advance data from the March 1959 sample survey showing percent distribution of families by total money income, and the number of families, by family income.
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Page Last Revised - October 8, 2021
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