States With The Highest Minimum Wage In 2020

States With The Highest Minimum Wage In 2020


April 7, 2021 | Eul Basa

States With The Highest Minimum Wage In 2020


If you work an entry level job (or have loved ones who do), you’ll probably be of the opinion that minimum wage is too dang low. Naturally, it’s not the same everywhere in the country; the average minimum wage in 2019 was $7.25. But the states with the highest minimum wage are quite a ways ahead of the pack. 

Let’s take a look at the best states in the U.S. to work a minimum wage job.

6. Maine

Minimum wage: $12 an hour

maine-551993-1024x768.jpgImage by Rgoehl from Pixabay

Back in 2016, Maine’s minimum wage was $7.50. It has been rising ever since, although those increases will slow now that it has hit $12. Workers who earn less than $36,000 a year also qualify for time-and-a-half OT payments.

5. Colorado

Minimum wage: $12 an hour

david-rupert-qUQoCLLLAGc-unsplash-1024x683.jpgPhoto by David Rupert on Unsplash

Colorado’s statewide minimum wage makes it one of the best in the nation. But the city of Denver has its own minimum that’s even more generous -- at $12.85. Over the next two years, the statewide minimum is set to rise to almost $16. 

If you like mountains and a living wage, Colorado is your state.

Advertisement

4. Arizona

Minimum wage: $12 an hour

tucson-88371-1024x768.jpgImage by David Mark from Pixabay

A ballot initiative in 2016 prompted Arizona to start raising its minimum wage. As of 2021, increases are pegged to inflation. However, the city of Flagstaff has its own independent rate, which will hit $15 an hour by the end of 2021. 

3. Massachusetts

Minimum wage: $12 an hour

cloris-ying-NV9Wi7YiW5M-unsplash-1536x1152.jpgPhoto by Cloris Ying on Unsplash

Massachusetts is gunning for a $15 minimum wage by 2023. Its latest bumps have brought it up to $12 an hour. However, servers are only guaranteed about $4.30 an hour plus tips. There have been murmurs in Massachusetts about doing away with ‘tip’ wages as well.

2. California

Minimum wage: $13 an hour

california-1751455-1024x681.jpgImage by David Mark from Pixabay

California is another state inching its way toward $15 an hour. Makes sense, since so many places on the Golden Coast are so expensive. In fact, many cities have already raised their minimum wages above the $15 threshold. Of course, if you’re trying to raise a family in the Bay Area, that may not help much.

Advertisement

1. Washington

Minimum wage: $13.50 an hour

seattle-870282-1024x574.jpgImage by Free-Photos from Pixabay

Washington tops the nation in minimum wage, and it’s not resting on its laurels. Like many other states, it’s working its way toward that $15 benchmark. Some cities have already taken the initiative to go above and beyond that. In Seattle, for instance, the new minimum wage is $16.39.


READ MORE

Retirement Planning Internal3

10 Brilliant And Fun Ways To Beef Up Your Retirement Bankroll

Discover ten fun and easy strategies to boost your retirement income. Transform your golden years into an exciting new phase of life with these practical financial tips. Dive into dividend-paying stocks, explore peer-to-peer lending, consider annuities, and more. Add a twist to your retirement planning and make your relaxation years even more rewarding.
September 15, 2023 Allison Robertson

The Most Dangerous Jobs in the World

Discover the 15 most dangerous jobs in the world, and how much they pay. Learn about danger pay, PPE, and the risks associated with each job.
December 12, 2023 Allison Robertson
Cheap Hobbies Internal

Beat the Cold Without Burning Cash: Unique Indoor Hobbies on a Budget

Discover 15 unique and budget-friendly indoor hobbies perfect for the cold winter months. From DIY crafting to culinary experiments, this guide offers creative ways to stay entertained without straining your wallet. Dive into these cost-effective pastimes and make the most of your indoor time.
September 15, 2023 Allison Robertson

The True Cost of Cheap: Why Opting for Lower Prices Now Might Cost You Later

Explore the unforeseen pitfalls and hidden costs of opting for cheaper products. This in-depth article unravels the financial, ethical, and personal impacts of choosing lower-priced items and provides alternatives to help you make savvy, sustainable spending decisions, ensuring your choices are economical and ethical in the long run.
October 15, 2023 Miles Brucker

The Least Desirable Jobs

Discover 10 jobs that pay well that nobody wants to do. From working with lifeless bodies to crab fishing, find out why these jobs are not desirable and how much they pay.
January 11, 2024 Allison Robertson

Top 10 Careers of 2023: Where Opportunity Meets Demand

Discover the top 10 best jobs of 2023, encompassing sectors like technology, healthcare, renewable energy, and digital marketing. Learn about the roles, salaries, and reasons why these jobs stand out in today's evolving job market, offering exciting opportunities for professionals across various industries.
November 20, 2023 Allison Robertson


Disclaimer

The information on MoneyMade.com is intended to support financial literacy and should not be considered tax or legal advice. It is not meant to serve as a forecast, research report, or investment recommendation, nor should it be taken as an offer or solicitation to buy or sell any securities or adopt any particular investment strategy. All financial, tax, and legal decisions should be made with the help of a qualified professional. We do not guarantee the accuracy, timeliness, or outcomes associated with the use of this content.





Dear reader,


It’s true what they say: money makes the world go round. In order to succeed in this life, you need to have a good grasp of key financial concepts. That’s where Moneymade comes in. Our mission is to provide you with the best financial advice and information to help you navigate this ever-changing world. Sometimes, generating wealth just requires common sense. Don’t max out your credit card if you can’t afford the interest payments. Don’t overspend on Christmas shopping. When ordering gifts on Amazon, make sure you factor in taxes and shipping costs. If you need a new car, consider a model that’s easy to repair instead of an expensive BMW or Mercedes. Sometimes you dream vacation to Hawaii or the Bahamas just isn’t in the budget, but there may be more affordable all-inclusive hotels if you know where to look.


Looking for a new home? Make sure you get a mortgage rate that works for you. That means understanding the difference between fixed and variable interest rates. Whether you’re looking to learn how to make money, save money, or invest your money, our well-researched and insightful content will set you on the path to financial success. Passionate about mortgage rates, real estate, investing, saving, or anything money-related? Looking to learn how to generate wealth? Improve your life today with Moneymade. If you have any feedback for the MoneyMade team, please reach out to [email protected]. Thanks for your help!


Warmest regards,

The Moneymade team