Close to half of U.S. states will increase their minimum wage on Jan. 1, 2025, a pay hike for some 9.2 million working people.
According to analysis by The Economic Policy Institute, 21 states will raise their respective minimum wage on January 1, 2025. Additionally, 48 cities and counties that are raising their pay floors over their respective state minimums – predominantly in California, Colorado and Washington.
Here are the states set to raise their minimum wage and the amounts:
Alaska: $11.91
Arizona: $14.70
California: $16.50
Colorado: $14.81
Connecticut: $16.35
Delaware: $15
Illinois: $15
Maine: $14.65
Michigan: $10.56
Minnesota: $11.13
Missouri: $13.75
Montana: $10.55
Nebraska: $13.50
New Jersey: $15.49
New York: $15.50
Ohio: $10.70
Rhode Island: $15
South Dakota: $11.50
Vermont: $14.01
Virginia : $12.41
Washington: $16.66
Just how these increases will impact local economies remains to be seen.
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