What was the average yearly income in 1923?

In 1923, the average yearly income for American workers was approximately $1,200. This figure varied significantly based on occupation, location, and other factors, with many skilled workers earning more while unskilled laborers earned less. The economic landscape was influenced by the post-World War I boom, leading to increased consumer spending and a rise in living standards for some. However, this period also laid the groundwork for the economic challenges that would follow in the late 1920s.