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

Advertisement

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

Advertisement

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.

4. Arizona

Minimum wage: $12 an hour

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

Advertisement

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

Advertisement

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

Advertisement

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.

1. Washington

Minimum wage: $13.50 an hour

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

Advertisement

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

Zero-Based Budgeting: A Different Way Of Looking At Your Finances

Whether you're struggling to budget or are needing to start budgeting and are looking for a new approach, zero-based budgeting could be a different approach that will have you looking more honestly at your finances.
March 12, 2025 Jack Hawkins

You've Just Inherited Over A Million Dollars, What Now?

Any inheritance, although coming with a (sometimes) painful loss, is a great opportunity to invest your money into yourself in some way. Whether that's a vacation, a new home, or in your future. What if you inherited over a million dollars? Here are our suggestions for the unexpected multi-millionaire.
May 2, 2025 Jack Hawkins

You're Probably Spending Too Much On Grocery Bills. You Can Save Money With Some Simple Tricks.

Groceries aren't getting any cheaper. But the way you shop could be quietly costing you more than it should. Ready to keep your cart full and your budget intact?
May 7, 2025 Peter Kinney

These Items In Your Grandma’s House Could Be Worth A Fortune

Whether you're clearing your grandma's house after she's passed on or simply decluttering, there are so many vintage items worth big bucks that most people just throw away. Do some research before discarding anything that may have some value. You could be throwing out thousands of dollars worth of vintage valuables.
March 10, 2025 Jack Hawkins

Your 2025 Retirement Checklist

If you've finally hit 65 or 70 and think this will be the year you'll retire, congratulations! But before you take that monumental step of giving up work for good, here's your must-do retirement checklist.
January 10, 2025 Jack Hawkins

You'll Wish You'd Kept Granny's Vintage Handset: It's Worth Thousands Now

Discover the surprising value of retro telephones in today’s collector market. From rotary classics to rare designer models, find out why Granny’s vintage handset might now be worth thousands—and which old phones are fetching the biggest bids.
November 13, 2025 Jack Hawkins


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