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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.
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. (See Income inequality in the United States.)
Two common measurements of the average annual income of individuals in the United States are: per capita income (PCI) and per capita personal income (PCPI). Per capita personal income is the more comprehensive of the two measures, and thus PCPI for an individual, county, or state will be higher than PCI.
It takes 4.38 minimum wage workers to comfortably pay for a one-bedroom apartment, since it costs 131% of one worker’s salary to pay rent. Kruck20/istockphoto 2.
In 1938, the Fair Labor Standards Act established the federal minimum wage. Businesses were required to pay employees at least $0.25 per hour (the equivalent of $4.74 in 2023 dollars). Congress ...
By 2008, wages had been so low for so long that $6.55 seemed like a big raise, but it still represented less than $10 an hour. Joe Raedle/Getty Images CC. 2009. Minimum wage: $7.25 .
Following protests due to low wages and poor work conditions, Amazon raised the minimum wage for all its employees to $15.00 per hour in October 2018. [177] The company subsequently became a major lobbyist for a $15.00 per hour minimum wage, which some observed as a way for the company to force competitors to increase their worker costs as well ...
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