The federally mandated minimum wage in the United States is 7.25 U.S. dollars per hour, although the minimum wage varies from state to state. As of January 1, 2024, the District of Columbia had the highest minimum wage in the U.S., at 17 U.S. dollars per hour. This was followed by Washington, which had 16.28 U.S. dollars per hour as the state minimum wage.
Minimum wage workers
Minimum wage jobs are traditionally seen as “starter jobs” in the U.S., or first jobs for teenagers and young adults, and the number of people working minimum wage jobs has decreased from almost four million in 1979 to about 247,000 in 2020. However, the number of workers earning less than minimum wage in 2020 was significantly higher, at about 865,000.
Minimum wage jobs
Minimum wage jobs are primarily found in food preparation and serving occupations, as well as sales jobs (primarily in retail). Because the minimum wage has not kept up with inflation, nor has it been increased since 2009, it is becoming harder and harder live off of a minimum wage wage job, and for those workers to afford essential things like rent.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Graph and download economic data for Federal Minimum Hourly Wage for Nonfarm Workers for the United States from Oct 1938 to Feb 2025 about per hour, minimum wage, nonfarm, workers, hours, federal, wages, and USA.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Minimum Wages in the United States remained unchanged at 7.25 USD/Hour in 2025 from 7.25 USD/Hour in 2024. This dataset provides - United States Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.
When adjusted for inflation, the 2024 federal minimum wage in the United States is over 40 percent lower than the minimum wage in 1970. Although the real dollar minimum wage in 1970 was only 1.60 U.S. dollars, when expressed in nominal 2024 dollars this increases to 13.05 U.S. dollars. This is a significant difference from the federal minimum wage in 2024 of 7.25 U.S. dollars.
In 2023, the median hourly earnings of wage and salary workers in the United States was 19.24 U.S. dollars. This is an increase from 1979, when median hourly earnings were at 4.44 U.S. dollars. Hourly Workers The United States national minimum wage is 7.25 U.S. dollars per hour, which has been the minimum wage since 2009. However, each state has the agency to set their state minimum wage. Furthermore, some cities are able to create their minimum wage. Many argue that the minimum wage is too low and should be raised, because it is not considered a living wage. There has been a movement to raise the minimum wage to 15 U.S. dollars per hour, called “Fight for 15” which began in the early 2010s. While there has been no movement at the federal level, some states have moved to increase their minimum wages, with at least three states and the District of Columbia setting minimum wage rates at or above 15 dollars per hour. More recently, some proponents of increasing the minimum wage say that 15 dollars is too low, and lawmakers should strive toward a higher goal, especially given that a 2021 analysis found that the minimum wage in the U.S. should be 22.88 U.S. dollars if it grew at the same rate as economic productivity. Salary Workers On the other hand, salary workers in the United States do not get paid on an hourly basis. The median weekly earnings of salary workers have significantly increased since 1979. Asian salary workers had the highest hourly earnings in the U.S. in 2021. Among female salary workers, those ages 45 to 54 years old had the highest median hourly earnings in 2021, likewise for male salary workers.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Graph and download economic data for Employed full time: Percent of hourly paid workers: Paid total at or below prevailing federal minimum wage: Wage and salary workers: 16 years and over: Men (LEU0253128700A) from 2000 to 2024 about paid, minimum wage, full-time, males, salaries, workers, hours, 16 years +, federal, wages, percent, employment, and USA.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Key information about United States Monthly Earnings
https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required
Graph and download economic data for Laborers' Average Hourly Rate of Wages, Weighted for United States (A08139USA052NNBR) from 1860 to 1891 about hours, wages, labor, rate, and USA.
Costa Rica is the country with the highest minimum monthly wage in Latin America. According to the minimum salary established by law as of January 2024, workers in the Central American country enjoy a basic monthly wage of over 687 U.S. dollars, an increase of 1.83 percent compared to the previous year and over 100 U.S. dollars more than the second place, Uruguay. On the other side of the spectrum is Venezuela, where employees are only guaranteed by law a minimum salary of 130 bolívares or little more than three dollars per month. Can Latin Americans survive on a minimum wage? Even if most countries in Latin America have instated laws to guarantee citizens a basic income, these minimum standards are often not enough to meet household needs. For instance, it was estimated that almost 25 million people in Mexico lacked basic housing services. Salary levels also vary greatly among Latin American economies. In 2020, the average net monthly salary in Mexico was barely higher than Chile's minimum wage in 2021. What can a minimum wage afford in Latin America? Latin American real wages have generally risen in the past decade. However, consumers in this region still struggle to afford non-basic goods, such as tech products. Recent estimates reveal that, in order to buy an iPhone, Brazilian residents would have to work at least two months to be able to pay for it. A gaming console, on the other hand, could easily cost a Latin American worker several minimum wages.
In 1979, about 3.99 million workers were paid hourly rates at the official minimum wage. In 2023, about 81,000 workers were paid hourly rates at the prevailing minimum wage. The prevailing Federal minimum wage was 7.25 U.S. dollars per hour in 2023.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Graph and download economic data for Employed: Paid below prevailing federal minimum wage: Private wage and salary workers: Professional and business services industries: 16 years and over (LEU0204846600A) from 2000 to 2024 about paid, professional, minimum wage, salaries, workers, 16 years +, federal, business, wages, services, private, employment, industry, and USA.
In 2023, the average annual real wages in the United States amounted to 80,115 U.S. dollars. This shows the average annual wages in the United States from 2000 to 2023 in constant 2023 PPP-adjusted U.S. dollars.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
United States - Wage and Salary Workers Paid Below Prevailing Federal Minimum Wage: 16 Years and Over: Occupational Program was 0.80000 % of Total Paid Hourly Rate in January of 2021, according to the United States Federal Reserve. Historically, United States - Wage and Salary Workers Paid Below Prevailing Federal Minimum Wage: 16 Years and Over: Occupational Program reached a record high of 1.90000 in January of 2010 and a record low of 0.50000 in January of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Wage and Salary Workers Paid Below Prevailing Federal Minimum Wage: 16 Years and Over: Occupational Program - last updated from the United States Federal Reserve on March of 2025.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Graph and download economic data for Employed: Paid total at or below prevailing federal minimum wage: Private wage and salary workers: Accommodation and food services industries: 16 years and over (LEU0204861200A) from 2000 to 2024 about paid, accommodation, minimum wage, salaries, workers, 16 years +, federal, food, wages, services, private, employment, industry, and USA.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
United States - Wage and Salary Workers Paid at or Below Prevailing Federal Minimum Wage: 16 Years and Over: Master's Degree was 0.60000 % of Total Paid Hourly Rate in January of 2021, according to the United States Federal Reserve. Historically, United States - Wage and Salary Workers Paid at or Below Prevailing Federal Minimum Wage: 16 Years and Over: Master's Degree reached a record high of 2.00000 in January of 2009 and a record low of 0.60000 in January of 2004. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Wage and Salary Workers Paid at or Below Prevailing Federal Minimum Wage: 16 Years and Over: Master's Degree - last updated from the United States Federal Reserve on March of 2025.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
United States - Wage and Salary Workers Paid Below Prevailing Federal Minimum Wage: 16 Years and Over: 4 Years of High School, no Diploma was 2.40000 % of Total Paid Below Minimum Wage in January of 2021, according to the United States Federal Reserve. Historically, United States - Wage and Salary Workers Paid Below Prevailing Federal Minimum Wage: 16 Years and Over: 4 Years of High School, no Diploma reached a record high of 2.70000 in January of 2009 and a record low of 1.40000 in January of 2008. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Wage and Salary Workers Paid Below Prevailing Federal Minimum Wage: 16 Years and Over: 4 Years of High School, no Diploma - last updated from the United States Federal Reserve on March of 2025.
In 2023, the average wage and salary per full-time equivalent employee in the mining industry in the United States was at 126,707 U.S. dollars. The highest wage and salary per FTE was found in the information industry, at 164,400 U.S. dollars.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
United States - Wage and Salary Workers Paid at Prevailing Federal Minimum Wage: 16 Years and Over: 1 to 3 Years of High School was 0.90000 % of Total Paid Hourly Rate in January of 2021, according to the United States Federal Reserve. Historically, United States - Wage and Salary Workers Paid at Prevailing Federal Minimum Wage: 16 Years and Over: 1 to 3 Years of High School reached a record high of 8.20000 in January of 2010 and a record low of 0.90000 in January of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Wage and Salary Workers Paid at Prevailing Federal Minimum Wage: 16 Years and Over: 1 to 3 Years of High School - last updated from the United States Federal Reserve on March of 2025.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
United States - Wage and Salary Workers Paid Below Prevailing Federal Minimum Wage: 16 Years and Over: Less than a High School Diploma was 1.20000 % of Total Paid Hourly Rate in January of 2020, according to the United States Federal Reserve. Historically, United States - Wage and Salary Workers Paid Below Prevailing Federal Minimum Wage: 16 Years and Over: Less than a High School Diploma reached a record high of 6.70000 in January of 2010 and a record low of 1.20000 in January of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Wage and Salary Workers Paid Below Prevailing Federal Minimum Wage: 16 Years and Over: Less than a High School Diploma - last updated from the United States Federal Reserve on March of 2025.
This statistic shows the percent of workers paid hourly rates at or below prevailing federal minimum wage in the United States from 1980 to 2023, by gender. In 2023, only 1.5 percent of the female wage and salary workers were paid hourly rates at or below the federal minimum wage, compared to 21.6 percent in 1980.
The federally mandated minimum wage in the United States is 7.25 U.S. dollars per hour, although the minimum wage varies from state to state. As of January 1, 2024, the District of Columbia had the highest minimum wage in the U.S., at 17 U.S. dollars per hour. This was followed by Washington, which had 16.28 U.S. dollars per hour as the state minimum wage.
Minimum wage workers
Minimum wage jobs are traditionally seen as “starter jobs” in the U.S., or first jobs for teenagers and young adults, and the number of people working minimum wage jobs has decreased from almost four million in 1979 to about 247,000 in 2020. However, the number of workers earning less than minimum wage in 2020 was significantly higher, at about 865,000.
Minimum wage jobs
Minimum wage jobs are primarily found in food preparation and serving occupations, as well as sales jobs (primarily in retail). Because the minimum wage has not kept up with inflation, nor has it been increased since 2009, it is becoming harder and harder live off of a minimum wage wage job, and for those workers to afford essential things like rent.