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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.
It increased the territorial minimum wage from $7.25 to $10.50 per hour (or higher) by July 1, 2024, and created the Minimum Wage Review Commission within the Puerto Rico Department of Labor and Human Resources which was to review and increase the minimum wage yearly via decrees. If by July 1, 2024, the Minimum Wage Review Commission decides ...
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California. Minimum hourly wage: $12 Annual income on the minimum wage: $24,960 Monthly rent one person can afford on minimum wage: $538.50 Average studio rent: $997 Average one-bedroom rent ...
West Virginia. Minimum salary needed to be happy: $89,460 The unemployment rate in West Virginia is at 3.8%, and the cost-of-living index is 14.8% lower than the national average.
Amendment 42 was a ballot initiative, adopted by Colorado voters in November 2006, that amended Article XVIII of the Colorado Constitution to impose a minimum wage of $6.85 per hour, to be adjusted annually for inflation after 2007. [1] The amendment was approved by 53.3% of voters. [2]
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The chart below reflects the average (mean) wage as reported by various data providers. The salary distribution is right-skewed, therefore more than 50% of people earn less than the average net salary. These figures have been shrunk after the application of the income tax.