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%|
|$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.