Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Essex County, MA (MWACL25009) from 2009 to 2023 about Essex County, MA; Boston; adjusted; MA; average; wages; real; and USA.

For more information, visit https://www.dol.gov/whd/state/stateMinWageHis.htm

State Minimum Wage Rate for Massachusetts was 15.00000 $ per Hour in January of 2025, according to the United States Federal Reserve. Historically, State Minimum Wage Rate for Massachusetts reached a record high of 15.00000 in January of 2023 and a record low of 1.60000 in January of 1969. Trading Economics provides the current actual value, an historical data chart and related indicators for State Minimum Wage Rate for Massachusetts - last updated from the United States Federal Reserve on July of 2025.

Massachusetts Minimum Wage: 57 years of historical data from 1968 to 2025.

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Norfolk County, MA (MWACL25021) from 2009 to 2023 about Norfolk County, MA; Boston; adjusted; MA; average; wages; real; and USA.

In 2023, around *** percent of hourly wage workers in Rhode Island earned wages at or below the federal minimum wage. This was the highest share of any U.S. state, followed by the District of Columbia with *** percent of hourly wage workers making minimum wage or less.

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Franklin County, MA (MWACL25011) from 2016 to 2023 about Franklin County, MA; Springfield; adjusted; MA; average; wages; real; and USA.

In 2024, households in California needed an hourly wage of over 47 U.S. dollars to afford the rent of a two-bedroom apartment. Massachusetts had the second-least affordable two-bedroom apartments, as a household would have to earn at least around 45 U.S. dollars per hour in order to afford rent payments. These figures are considerably higher than the average minimum wage in place in many states. There was no state in which a minimum wage worker could afford rent for the average two-bedroom apartment, if they only worked 40 hours a week. Where are the least affordable counties and metros? The least affordable rents were predominately in Californian counties and metropolitan areas in 2024. District of Columbia has one of the highest minimum wages in the country, which stood at 17 U.S. dollars per hour as of January 2024. Thus, the affordability of two-bedroom apartments highlights how disproportionately high housing costs are in the state.

This statistic shows the median household income in the United States from 1990 to 2023 in 2023 U.S. dollars. The median household income was 80,610 U.S. dollars in 2023, an increase from the previous year. Household incomeThe median household income depicts the income of households, including the income of the householder and all other individuals aged 15 years or over living in the household. Income includes wages and salaries, unemployment insurance, disability payments, child support payments received, regular rental receipts, as well as any personal business, investment, or other kinds of income received routinely. The median household income in the United States varies from state to state. In 2020, the median household income was 86,725 U.S. dollars in Massachusetts, while the median household income in Mississippi was approximately 44,966 U.S. dollars at that time. Household income is also used to determine the poverty line in the United States. In 2021, about 11.6 percent of the U.S. population was living in poverty. The child poverty rate, which represents people under the age of 18 living in poverty, has been growing steadily over the first decade since the turn of the century, from 16.2 percent of the children living below the poverty line in year 2000 to 22 percent in 2010. In 2021, it had lowered to 15.3 percent. The state with the widest gap between the rich and the poor was New York, with a Gini coefficient score of 0.51 in 2019. The Gini coefficient is calculated by looking at average income rates. A score of zero would reflect perfect income equality and a score of one indicates a society where one person would have all the money and all other people have nothing.

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Suffolk County, MA (MWACL25025) from 2009 to 2023 about Suffolk County, MA; Boston; adjusted; MA; average; wages; real; and USA.

In 2023, the real median household income in the state of Alabama was 60,660 U.S. dollars. The state with the highest median household income was Massachusetts, which was 106,500 U.S. dollars in 2023. The average median household income in the United States was at 80,610 U.S. dollars.