The New Year Brings EPI’s 2024 Minimum Wage Update Report

As the year draws to a close, states and local areas are preparing for a wave of minimum wage hikes beginning January 1. This year, 91 jurisdictions will raise minimum wages, including in 26 states, 64 cities and counties, and Puerto Rico.

As more areas are enacting minimum wage increases state- and city-wide as well as for individual industries, the Employment Policies Institute has compiled a report previewing set hikes coming January 1, as well as future increases throughout the year. View a full list of all the new updates here.

See the top 10 state and local minimum wages planned for this year below:

Top 10 State Minimum Wages in 2024
State Effective Date Tipped Wage Minimum Wage
Washington

 

1/1/2024 $16.28 $16.28
California

 

1/1/2024 $16.00 $16.00
New York NYC, Long Island & Westchester County 1/1/2024 $10.65 $16.00
Remainder of state $10.00 $15.00
Connecticut

 

1/1/2024 $6.38 $15.69
New Jersey Employers of 6+ 1/1/2024 $5.26 $15.13
Employers of 5 or less $5.26 $13.73
Maryland

 

1/1/2024 $3.63 $15.00
Massachusetts 1/1/2024 $6.75 $15.00
Oregon Standard 7/1/2024 $14.20 $14.20
Portland $15.95 $15.95
Non-urban counties $13.63 $13.63
Maine

 

1/1/2024 $7.08 $14.15
Hawaii

 

1/1/2024 $12.75 $14.00
Top 10 Local Minimum Wages in 2024
City Effective Date Tipped Wage Minimum Wage
Tukwila, WA Employers of 501+ 1/1/2024 $20.29 $20.29
Employers of 500 or less $18.29 $18.29
Seattle, WA Employers of 501+ 1/1/2024 $19.97 $19.97
Employers of 500 or less $17.25 $19.97
SeaTac, WA

 

1/1/2024 $19.71 $19.71
West Hollywood, CA

 

7/1/2024 $19.41* $19.41*
Mountain View, CA

 

1/1/2024 $18.75 $18.75
Emeryville, CA

 

7/1/2024 $19.14* $19.14*
Sunnyvale, CA

 

1/1/2024 $18.55 $18.55
Denver, CO

 

1/1/2024 $15.27 $18.29
Berkeley, CA

 

7/1/2024 $18.53* $18.53*
San Francisco, CA

 

7/1/2024 $18.53* $18.53*
El Cerrito, CA

 

1/1/2024 $17.92 $17.92

*These minimum wage values represent estimations of the planned 2024 increases based on each local Consumer Price Index and are subject to change.

The historical track record of steep minimum wage mandates is clear: they cause job loss and business closure. As employers and employees alike weather ongoing supply chain problems, rising inflation, and lingering government COVID-19 restrictions, this wave of minimum wage increases presents yet another challenge to keeping workers employed and business doors open.