Historical Minimum Wage Changes



Year Minimum Wage Change Minimum Wage in Today’s Dollars
1938 $0.25 $4.04
1939 $0.30 $4.91
1940
$4.88
1941
$4.65
1942
$4.19
1943
$3.95
1944
$3.88
1945 $0.40 $5.06
1946
$4.67
1947
$4.08
1948
$3.78
1949
$3.83
1950 $0.75 $7.08
1951
$6.57
1952
$6.44
1953
$6.40
1954
$6.35
1955
$6.37
1956 $1.00 $8.37
1957
$8.10
1958
$7.88
1959
$7.82
1960
$7.69
1961 $1.15 $8.76
1962
$8.67
1963 $1.25 $9.30
1964
$9.18
1965
$9.03
1966
$8.78
1967 $1.40 $9.54
1968 $1.60 $10.47
1969
$9.93
1970
$9.39
1971
$8.99
1972
$8.71
1973
$8.20
1974 $2.00 $9.24
1975 $2.10 $8.89
1976 $2.30 $9.20
1977
$8.64
1978 $2.65 $9.25
1979 $2.90 $9.09
1980 $3.10 $8.56
1981 $3.35 $8.39
1982
$7.90
1983
$7.66
1984
$7.34
1985
$7.09
1986
$6.96
1987
$6.71
1988
$6.45
1989
$6.15
1990 $3.80 $6.62
1991 $4.25 $7.10
1992
$6.90
1993
$6.70
1994
$6.53
1995
$6.35
1996 $4.75 $6.89
1997 $5.15 $7.31
1998
$7.19
1999
$7.04
2000
$6.81
2001
$6.62
2002
$6.52
2003
$6.37
2004
$6.21
2005
$6.00
2006
$5.82
2007 $5.85 $6.42
2008 $6.55 $6.93
2009 $7.25 $7.69
2010
$7.57
2011
$7.34
2012
$7.25

note: The highlighted areas represent minimum wages that, adjusted for inflation, were greater than today’s minimum wage.