Govargus

Households

Real median weekly earnings by president (1982–84 $)

Median usual weekly earnings of full-time wage and salary workers, adjusted for inflation (CPI-U, 1982–84 dollars).

$378 latest, Q2 2026

Jimmy Carter (Democratic)ReaganRonald Reagan (Republican)BushGeorge H. W. Bush (Republican)ClintonBill Clinton (Democratic)BushGeorge W. Bush (Republican)ObamaBarack Obama (Democratic)TrumpDonald Trump (1st term) (Republican)BidenJoe Biden (Democratic)Donald Trump (2nd term) (Republican)Recession (NBER)Recession (NBER)Recession (NBER)Recession (NBER)Recession (NBER)Recession (NBER)$300$320$340$360$380$4001980198519901995200020052010201520202025Jan 1, 1994 · Trade: NAFTA takes effect

Source: Bureau of Labor Statistics, via FRED LES1252881600Q. Quarterly data, fetched Oct 19, 2026.

Since 1980, real median weekly earnings ranged from $309 in Q3 1981 under Ronald Reagan to $393 in Q2 2020 under Donald Trump (1st term). Of the 7 completed terms with data, real median weekly earnings rose fastest under Donald Trump (1st term), at +$7/yr against +$4/yr in the four years before, and fell fastest under George H. W. Bush, at −$3/yr against +$2/yr in the four years before. So far under Donald Trump (2nd term), it has gone from $374 in Q4 2024 to $378 in Q2 2026.

By presidential term

Real median weekly earnings (1982–84 $), term by term: every term lined up from inauguration on one chart.

Value at the last full period before inauguration and at the end of the term, with the yearly rate of change. The second column is the rate of change over the four years before the term: the trend they inherited. Remember the lag: a term's first year mostly reflects the previous one's policies.

PresidentDuring term4 years before
Donald Trump (2nd term)
2025–now
$374 → $378
+$3/yr · through Q2 2026
−$1/yr
Joe Biden
2021–2025
$376 → $374
−$1/yr
+$7/yr
Donald Trump (1st term)
2017–2021
$349 → $376
+$7/yr
+$4/yr
Barack Obama
2009–2017
$340 → $349
+$1/yr
+$1/yr
George W. Bush
2001–2009
$334 → $340
+$1/yr
+$5/yr
Bill Clinton
1993–2001
$312 → $334
+$3/yr
−$3/yr
George H. W. Bush
1989–1993
$324 → $312
−$3/yr
+$2/yr
Ronald Reagan
1981–1989
$315 → $324
+$1/yr
—
Jimmy Carter
1977–1981
no datano data

More households indicators

Events that bear on this indicator

  1. Jan 1, 1994 Trade
    NAFTA takes effect. Free-trade area between the US, Canada and Mexico begins.