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Additionally, Florida's minimum wage will increase by $1 to $13, effective Sept. 30, 2024. Nevada increases its minimum wage to $12 an hour from $11.25 on July 1.
The federal minimum wage applies in states with no state minimum wage or a minimum wage lower than the federal rate (column titled "No state MW or state MW is lower than $7.25."). Some of the state rates below are higher than the rate on the main table above. That is because the main table does not use the rate for cities or regions.
Looking ahead: Again, the minimum wage in Tennessee hasn’t budged since 2009, ... An effort to gradually bump up the minimum wage to $9.75 in 2024 stagnated in the state legislature.
The highest state minimum wage in 2024 will be Washington state, at $16.28, up from $15.74. A close second is California, which is raising its minimum to $16 from $15.50 on January 1.
State Sep 30, 2024 Alabama 7.25 Alaska 11.73 Arizona 14.35 Arkansas 11.00 California 16.00 Colorado 14.42 Connecticut 15.69 Delaware 13.25 Florida
The Raise the Wage Act of 2017, which was simultaneously introduced in the House of Representatives with 166 Democratic cosponsors, would raise the minimum wage to $9.25 per hour immediately, and then gradually increase it to $15 per hour by 2024, while simultaneously raising the minimum wage for tipped workers and phasing it out. [174]
Updated December 30, 2024 at 2:07 PM ... Michigan's minimum wage is slated to be $10.56, up 23 cents, due to legislation.Minnesota's minimum is making an inflation-adjusted move to $11.13, up 28 ...
Average wage in the United States was $69,392 in 2020. [1] Median income per person in the U.S. was $42,800 in 2019. [ 2 ] The average is higher than the median because there are a small number of individuals with very high earnings, and a large number of individuals with relatively low earnings.