The United States presidential election of 1892 was the 27th quadrennial presidential election, held on Tuesday, November 8, 1892. In a re-match of the closely contested 1888 presidential election, former Democratic President Grover Cleveland defeated incumbent Republican President Benjamin Harrison. Cleveland's victory made him the first and to date only person in American history to be elected to a second, non-consecutive presidential term.
Though some Republicans opposed Harrison's re-nomination, Harrison defeated James G. Blaine and William McKinley on the first presidential ballot of the 1892 Republican National Convention. Cleveland defeated challenges by David B. Hill and Horace Boies on the first presidential ballot of the 1892 Democratic National Convention, becoming the first Democrat to win his party's presidential nomination in three different elections. The new Populist Party, formed by groups from The Grange, the Farmers' Alliances, and the Knights of Labor, fielded a ticket led by former Congressman James B. Weaver of Iowa.
The campaign centered mainly on economic issues, especially the protectionist 1890 McKinley Tariff. Cleveland ran on a platform of lowering the tariff, and he opposed the Republicans' 1890 voting rights proposal. Cleveland was also a proponent of the gold standard, while the Republicans and Populists both supported bimetalism.
Cleveland swept the Solid South and won several important swing states, taking a majority of the electoral vote and a plurality of the popular vote. Cleveland was the first person since Andrew Jackson to win a significant number of electoral votes in three different elections, and only Jackson, Cleveland, and Franklin D. Roosevelt have won the popular vote in three different elections. Weaver won 8.5% of the popular vote and carried several Western states, while John Bidwell of the Prohibition Party won 2.2% of the popular vote. The Democrats would not win another presidential election until 1912.