Figure K
Among those workers who would benefit from a minimum wage increase to $15 by 2024, most come from families with modest incomes: Share of affected workers who are in each family income group
| Family income level | Share |
|---|---|
| Less than $25,000 | 32.2% |
| $25,000– $49,999 | 27.3% |
| $50,000– $74,999 | 16.5% |
| $75,000– $99,999 | 9.8% |
| $100,000– $149,999 | 9.1% |
| $150,000 or more | 5.1% |
Note: Percentages may not sum to 100% due to rounding.
Source: Economic Policy Institute Minimum Wage Simulation Model using data from the Census Bureau, Bureau of Labor Statistics, and Congressional Budget Office. See Cooper, Mokhiber, and Zipperer 2019.
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