What Is The Average Minimum Wage In America

What Is The Average Minimum Wage In America Release Table for 2025 Release Tables Federal and State Minimum Wage Rates Annual FRED Download graph and track economic data

US map of hourly minimum wages by state and District of Columbia D C 1 Minimum wage by state by year In the United States the minimum wage is set by U S labor law and a range of state and local laws 2 The first federal minimum wage was instituted in the National Industrial Recovery Act of 1933 signed into law by President Franklin D Roosevelt but later found to be 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

What Is The Average Minimum Wage In America

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2 American Samoa has special minimum wage rates 3 The Michigan minimum wage is scheduled to increase to 12 48 per hour on February 21 2025 4 A Montana business not covered by the federal Fair Labor Standards Act whose gross annual sales are 110 000 or less may pay 4 00 per hour The average state minimum wage in 2025 is 11 18 up from 10 69 in 2024 10 47 in 2023 and 9 85 in 2022 The top five highest 2024 statewide minimum wages were set to be as follows Raising America s Pay Why It s Our Central Economic Policy Challenge June 4 2014

Summary More than 20 states are raising their minimum wages in 2025 Michigan s minimum wage will increase in two steps in 2025 10 56 per hour starting January 1 and rising to 12 05 12 48 per hour on February 21 pending inflation adjustments Since 2009 the federal minimum wage rate has remained at 7 25 but the rate is Continue reading Minimum Wage by State 2025 Minimum wage jobs are traditionally seen as starter jobs in the U S or first jobs for teenagers and young adults and the number of people working minimum wage jobs has decreased from

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America s first federal minimum wage stood at 25 cents an hour back in 1938 Over the decades lawmakers raised it to match inflation address changing living costs and keep up with economic growth For instance national wage floors increased steadily until the 1970s after World War II By 2009 the federal minimum wage reached 7 25 where If the federal minimum wage is 7 25 per hour but your state minimum wage rate is 11 00 per hour you must pay the higher minimum wage And if a major city has a local minimum requiring 15 00 per hour that local rule takes priority for employees working there

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What Is The Average Minimum Wage In America - The average state minimum wage in 2025 is 11 18 up from 10 69 in 2024 10 47 in 2023 and 9 85 in 2022 The top five highest 2024 statewide minimum wages were set to be as follows Raising America s Pay Why It s Our Central Economic Policy Challenge June 4 2014