On January 1st, 2015, the minimum wage rose in 20 states and the District of Columbia, as laws and automatic adjustments were made with the start of the new year.
What Minimum Wage Will Look Like in 2015
Source: National Conference of State Legislatures
In nine states, the wage hike was an adjustment made to keep the minimum wage in line with rising inflation. However, in 11 states and D.C., the increase is a result of legislative action or voter-approved referenda. Two more states – Delaware and Minnesota – will have wage hikes later in 2015, and New York raised its minimum wage on December 31st, 2014. Currently, 29 states will have minimum wages above the federal minimum of $7.25.
According to the Economic Policy Institute, the minimum wage hikes are expected to have a direct impact for nearly 2.3 million workers.
The state with the highest minimum wage in 2015 – besides Washington D.C., with an 11 percent change to $10.50 – is Washington at $9.47.