Accounting for 2020 Minimum Wage Hikes When Calculating Household Income

Accounting for 2020 Minimum Wage Hikes When Calculating Household Income



The minimum wage in more than 20 states and 26 cities and counties across America increased on Jan. 1, according to the National Employment Law Project (NELP). This affects more than half of the country’s population and marks the greatest jurisdictional raise in U.S. history. Of the states and municipalities increasing their minimum wage, 17 of them will hit or surpass $15 an hour. And later this year, four more states and 23 more municipalities will raise their wage floors.

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