The state of the minimum wage : Comparing U.S. state minimum wages in 2010 and 2021

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The federal minimum wage has remained constant at $7.25 per hour since July 2009. The real value of this wage has declined over the past decade, and many people discuss if, when, and how this federal minimum should increase.
Not all U.S. workers earning minimum wage, however, have had a stagnant pay rate since 2009. Many U.S. states have increased their minimum wage rates to account for inflation and other changes in cost of living.
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These GeoFRED maps display state minimum wage rates in 2010 and 2021. In 2010, 15 states (including Washington, D.C.) had minimum wage rates that exceeded the federal minimum. In 2021, 30 states do.
The 2010 map shows that a few states (AR, CO, GA, MN, WY) had minimum wage rates below the federal level. The 2021 map shows that all states now have minimum wage rates at or above the federal level. Technically, GA

Federal Reserve Source

Author: RealEstate