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Since 2001, the president has earned a $400,000 annual salary, along with a $50,000 annual expense account, a $100,000 nontaxable travel account, and $19,000 for entertainment. The most recent raise in salary was approved by Congress and President Bill Clinton in 1999 and went into effect in 2001.
Presidents that were in place a full year in 2014 earned an average annual salary of $531,817, according to the report, put forward by The Chronicle of Higher Education, a news and job-information source for college and university faculty members, administrators, and students.