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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.
The new living wage rate was announced Jan. 9 by Just Economics of Western North Carolina, with the living wage getting a $2 bump — around a 9% increase. ... increased from $799 in 2019 to ...
Looking ahead: Indiana’s minimum-wage workers haven’t seen an increase since 2009, when the federal minimum wage hit $7.25. Though some lawmakers recently backed an increase to $10 by 2022 and ...
The general wage increase is TBD after 2024, TBD after 2026 for seasonal wages, and will stop at $5.13 for tipped workers in 2022, and is TBD in 2025. [271] The minimum wage will increase in 2023 by an additional 13¢ in addition to its standard increases in pay rates due to an increase in the Consumer Price Index. [273]
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.
The proposed law will inform tax-payers of where their investment dollars go and will hold developers to more stringent employment standards. The proposed act will require developers who receive substantial tax-payer funded subsidies to pay employees a minimum living wage. The law is designed to raise quality of life and stimulate local economy.
Wyoming. Living Wage: $68,563 Wyoming is one of a few states where income exceeds the living wage. With a median income of $72,495, the average Wyoming resident has enough to get by.
Starting in 2024, California will have the second highest statewide minimum wage behind Washington, which is more than double the stagnant $7.25 an hour federal limit.