--- title: Minimum Wage Workers Just Got a Raise in These 23 States description: About half the states are hiking the minimum wage for workers in 2023, and millions of low-wage employees will see their paychecks increase. authors: - name: Mary Ellen Cagnassola role: Reporter url: https://money.com/author/mary-ellen-cagnassola/ bio: Mary Ellen (M.E.) Cagnassola is a former reporter at Money, where she covered Social Security, retirement, housing, and employment. Her work reflects her commitment to service and equity in consumer finance. education: Rutgers University, BA Journalism at_money_since: 2021 articles: 205 covers: - Career Advice - Banking - Business - Credit - Credit Cards - Economy and Politics - Education - Housing - Identity Theft - Insurance - Investing - Lifestyle - Loans - Mortgages - Personal Finance - Pets - Professional Services - Retirement - Shopping - Taxes former_staff: true editors: - name: Brad Tuttle role: Senior Editor url: https://money.com/author/brad-tuttle/ bio: Brad Tuttle is a former senior editor at Money with over 10 years’ experience covering a vast number of personal finance topics, including careers, cars, travel, budgeting, investing, insurance, credit cards, consumer psychology, real estate, banking, and shopping and deals. education: Columbia University School of Journalism, MS at_money_since: 2014 articles: 366 covers: - Career Advice - Banking - Business - Credit - Credit Cards - Economy and Politics - Education - Health and Wellness - Housing - Identity Theft - Insurance - Investing - Lifestyle - Loans - Mortgages - Personal Finance - Pets - Professional Services - Retirement - Shopping - Taxes - Technology social: - https://twitter.com/bradrtuttle - https://linkedin.com/in/brad-tuttle-834b225 former_staff: true published: '2023-01-02T20:55:53.000Z' modified: '2024-01-10T12:49:38.000Z' section: Career Advice tags: - Minimum Wage - News word_count: 536 canonical: https://money.com/states-minimum-wage-increase-2023/ type: NewsArticle source: structured-blocks --- > **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![Map Of The United States With Arrows With Dollar Signs Coming Out Of Certain States](https://img.money.com/2023/01/News-States-Hiked-Minimum-Wages.jpg) Nearly two dozen states rang in the new year with hourly minimum wage increases, boosting paychecks for millions of U.S. workers. The pay raises are now in effect for 8.4 million workers across 23 states, set in motion by previously passed legislation, ballot measure or as annual cost of living adjustments, according to a [data analysis](https://www.epi.org/blog/more-than-8-million-workers-will-get-a-raise-on-new-years-day-23-states-and-d-c-will-see-minimum-wage-hikes-ranging-from-23-cents-to-1-50-an-hour/) by the nonprofit think tank Economic Policy Institute. Twenty-seven cities and counties also bumped up their minimum wages on Jan. 1, and four more states are hiking minimum wages later this year, adding to the number of Americans expected to see higher earnings. Full-time workers affected by the increases will earn anywhere from $150 to $937 more a year, the EPI says. Michigan made the smallest bump with a $0.23 hourly raise, while Nebraska led the pack with a hike of $1.50 an hour. The EPI says the increases mark a meaningful change for minimum-wage workers, 23.2% of whom have incomes below the federal poverty line. More than half (58.7%) of minimum wage workers in the U.S. are women, 21.8% are Hispanic, 12.2% are Black and 14.4% are multiracial and/or Native. While the [jobs market](https://money.com/best-job-search-sites/) is strong and pay bumps are a welcome step forward amid record [inflation](https://money.com/what-is-hyperinflation/), advocates for economic justice say the minimum wage should be much higher if it kept pace with productivity growth since the late 1960s. The federal minimum wage remains stuck at $7.25 since its last increase in 2009. The EPI [estimates](https://www.epi.org/publication/the-federal-minimum-wage-has-been-eroded-by-decades-of-inaction/) that it would be about $19 an hour today if the U.S. government continued raising it at the same rate as productivity after 1968. Other estimates say the minimum wage should be even higher: The Center for Economic and Policy Research, another progressive think tank, [calculated](https://cepr.net/correction-the-productivity-adjusted-minimum-wage-would-be-21-50-in-2020-and-23-in-2021/) that a minimum wage on par with productivity growth would be more than $20 an hour today. ## States where minimum wage workers are getting a raise These are the states where the minimum wage has already increased or will increase in 2023: - **Alaska:** $10.34 to $10.85 - **Arizona:** $12.80 to $13.85 - **California:** $14.50 for companies with up to 25 employees, $15 to $15.50 for more than 25 employees - **Colorado:** $12.56 to $13.65 - **Connecticut:** $14 to $15 on July 1 - **Delaware:** $10.50 to $11.75 - **Florida:** $11 to $12 in September - **Illinois:** $12 to $13 - **Maryland:** $12.50 to $13.25 - **Massachusetts:** $14.25 to $15 - **Michigan:** $9.87 to $10.10 - **Missouri:** $11.15 to $12 - **Nebraska:** $9 to $10.50 - **Nevada:** $9.50 to $10.25 (with benefits); $10.50 to $11.25 (no benefits) on July 1 - **New Jersey:** $13 to $14.13 - **New Mexico:** $11.50 to $12 - **New York:** $13.20 to $14.20, $15 in New York City - **Maine:** $12.75 to $13.80 - **Minnesota:** $8.42 to $8.63 for employers with annual revenue under $500,00; $10.33 to $10.59 for more than $500,000 annual company revenue - **Montana:** $9.20 to $9.95 - **Ohio:** $9.30 to $10.10 - **Oregon:** 12.75 to $13.50 (effective July 1, indexed annual increase to be based on the CPI) - **Rhode Island:** $12.25 to $13 - **South Dakota:** $9.95 to $10.80 - **Virginia:** $11 to $12 - **Vermont:** $12.55 to $13.18 - **Washington:** $14.49 to $15.74 [6 Best Job Search Sites](https://money.com/best-job-search-sites/) [4 Best Money Moves for January 2023](https://money.com/best-money-moves/) [Job Hunters Are Increasingly Searching for Gigs That Pay $20 (or More) an Hour](https://money.com/job-searches-pay-20-dollars-hour/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/states-minimum-wage-increase-2023/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": "Career Advice", "item": "https://money.com/career-advice/" }, { "@type": "ListItem", "position": 3, "name": "Salaries and Wages", "item": "https://money.com/salaries-and-wages/" }, { "@type": "ListItem", "position": 4, "name": "Minimum Wage Workers Just Got a Raise in These 23 States" } ] }, { "@type": "WebSite", "@id": "https://money.com/#website", "url": "https://money.com", "name": "Money", "publisher": { "@id": "https://money.com/#organization" } }, { "@type": "WebPage", "@id": "https://money.com/states-minimum-wage-increase-2023/#webpage", "url": "https://money.com/states-minimum-wage-increase-2023/", "name": "Minimum Wage Workers Just Got a Raise in These 23 States", "isPartOf": { "@id": "https://money.com/#website" }, "datePublished": "2023-01-02T20:55:53.000Z", "mainEntity": { "@id": "https://money.com/states-minimum-wage-increase-2023/" }, "inLanguage": "en-US", "breadcrumb": { "@id": "https://money.com/states-minimum-wage-increase-2023/#breadcrumb" }, "dateModified": "2024-01-10T12:49:38.000Z" }, { "@type": "NewsArticle", "headline": "Minimum Wage Workers Just Got a Raise in These 23 States", "articleSection": "Career Advice", "image": [ { "@type": "ImageObject", "url": "https://img.money.com/2023/01/News-States-Hiked-Minimum-Wages.jpg", "width": 2880, "height": 1920, "caption": "News-States-Hiked-Minimum-Wages" } ], "author": [ { "@type": "Person", "name": "Mary Ellen Cagnassola", "url": "https://money.com/author/mary-ellen-cagnassola/", "@id": "https://money.com/author/mary-ellen-cagnassola/#author", "description": "Mary Ellen (M.E.) 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