Current:Home > MarketsThese states will see a minimum-wage increase in 2024: See the map -MoneyMatrix
These states will see a minimum-wage increase in 2024: See the map
PredictIQ Quantitative Think Tank Center View
Date:2025-04-10 15:18:42
Twenty-two states are set to increase minimum wages at the beginning of 2024. By Jan. 1, seven states and Washington, D.C., will have minimum wages of at least $15 an hour. Maryland, New Jersey and New York are all set to increase their wages at the beginning of the new year.
Map shows how minimum wage compares across the country
Some cities and regions have higher minimum wages compared to the state, to account for cost of living and rising inflation.
For example, New York City, Westchester and Long Island are increasing their minimum wage to $16 an hour at the beginning of the new year. The rest of New York will have a $15 minimum wage.
Twenty states will continue to have a legal minimum wage of $7.25 next year.
Which states have no minimum wage laws?
There is no minimum wage law in Alabama, Louisiana, Mississippi, South Carolina, or Tennessee, so minimum wages default to federal law at $7.25.
In Georgia and Wyoming, the state minimum wage is lower than the federal minimum wage at $5.15 an hour. But, many employers are subject to the Fair Labor Standards Act and must pay the Federal minimum wage.
Wages in California:Fast food workers will earn at least $20 per hour in the golden state.
Which states are increasing their minimum wages next year?
According to data from GovDocs, here's how minimum wage is increasing next year:
- Alaska: Increasing from $10.85 to $11.73
- Arizona: Increasing from $13.85 to $14.35
- California: Increasing from $15.50 to $16
- Colorado: Increasing from $13.65 to $14.42
- Connecticut: Increasing from $15 to $15.69
- Delaware: Increasing from $11.75 to $13.25
- Washington, D.C.: $17 minimum wage (annually adjusted for inflation)
- Florida: Increasing from $12 to $13 (on September 30)
- Hawaii: Increasing from $12 to $14
- Illinois: Increasing from $13 to $14
- Maine: Increasing from $13.80 to $14.15
- Maryland: Increasing to $15 for employers of all sizes
- Michigan: Increasing from $10.10 to $10.33
- Minnesota: Increasing from $10.59 to $10.85 for large employers, and $8.63 to $8.85 for other employees
- Missouri: Increasing from $12 to $12.30
- Montana: Increasing from $9.95 to $10.30
- Nebraska: Increasing from $10.50 to $12
- Nevada: Increasing from $10.25 or $11.25 (depending on health benefits) to $12
- New Jersey: Increasing from $14.13 to $15.13
- New York: Increasing from $14.20 to $15
- Ohio: Increasing from $10.10 to $10.45
- Oregon: $14.20 minimum wage (annually adjusted for inflation)
- Rhode Island: Increasing from $13 to $14
- South Dakota: Increasing to $11.20 (indexed, increases each year)
- Vermont: Increasing from $13.18 to $13.67
- Washington: Increasing from $15.74 to $16.28
Pay raise:Bank of America increases minimum wage for fifth consecutive year
How many workers make federal minimum wage or less?
According to the Department of Labor, 78.7 million workers ages 16 and older were paid at hourly rates, making up 55.6% of all wage and salary workers. Of those hourly workers, about 1 million were paid wages at or below the federal minimum wage, making up 1.3% of all hourly paid workers.
veryGood! (5)
Related
- Meta donates $1 million to Trump’s inauguration fund
- Harvey Weinstein will not be extradited to California for rape sentencing: Reports
- This Overnight Balm Works Miracles Any Time My Skin Is Irritated From Rosacea, Eczema, Allergies, or Acne
- Justin Bieber's Mom Pattie Mallette Shares Heartwarming Video Celebrating Hailey Bieber's Pregnancy
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Oprah Winfrey Shares Biggest Regret After Being Steadfast Participant in Diet Culture
- Artemi Panarin, Alexis Lafrenière fuel Rangers' comeback in Game 3 win vs. Hurricanes
- From 'The Iron Claw' to 'The Idea of You,' here are 10 movies you need to stream right now
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- US pledges money and other aid to help track and contain bird flu on dairy farms
Ranking
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- It’s not a matter of if a hurricane will hit Florida, but when, forecasters say
- This Overnight Balm Works Miracles Any Time My Skin Is Irritated From Rosacea, Eczema, Allergies, or Acne
- Attorney for slain airman, sheriff dig in after release of shooting body-camera footage
- Sonya Massey's father decries possible release of former deputy charged with her death
- Why Dance Moms' Abby Lee Miller Says She Wasn't Invited to Reunion
- Alabama Gov. Ivey schedules second execution using controversial nitrogen gas method
- Beach Boys' Brian Wilson to be placed in conservatorship, judge rules
Recommendation
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
A cyberattack on a big US health system diverts ambulances and takes records offline
TikToker Taylor Odlozil Shares Wife Haley's Final Words to Son Before Death From Ovarian Cancer
Is decaf coffee bad for you? What to know about calls to ban a chemical found in decaf.
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
This week on Sunday Morning (May 12)
Seattle man is suspected of fatally shooting 9-month-old son and is held on $5 million bail
With Eras Tour changes, these songs landed on Taylor Swift's chopping block