Table 2

Overall minimum wage impacts

Group Total estimated workforce Total affected directly or indirectly Share affected directly or indirectly Total change in annual wagebill Average change in annual wages Average change in hourly wages
All workers 8,872,900 2,055,500 23.2% $4,216,265,000 $2,324 $1.34
Gender
Men 4,505,800 914,800 20.3% $1,967,759,000 $2,399 $1.31
Women 4,367,100 1,140,800 26.1% $2,248,506,000 $2,262 $1.37
Teenager flag
Teenager 227,200 142,500 62.7% $224,359,000 $1,787 $1.54
Age 20 or older 8,645,700 1,913,100 22.1% $3,991,906,000 $2,364 $1.33
Age category
Age 16 to 24 1,005,200 568,500 56.6% $1,118,743,000 $2,219 $1.50
Age 25 to 39 3,127,600 720,200 23.0% $1,539,794,000 $2,480 $1.32
Age 40 to 54 2,779,600 447,800 16.1% $928,173,000 $2,357 $1.25
Age 55 or older 1,960,500 319,100 16.3% $629,555,000 $2,134 $1.23
Race / ethnicity
White 4,761,800 623,600 13.1% $724,480,000 $1,400 $0.95
Black 1,217,500 394,600 32.4% $950,935,000 $2,525 $1.44
Hispanic 1,792,100 751,300 41.9% $1,915,685,000 $2,838 $1.54
AAPI 882,000 228,100 25.9% $517,479,000 $2,684 $1.56
Other race/ethnicity 219,600 58,000 26.4% $107,686,000 $2,068 $1.25
Not person of color 4,761,800 623,600 13.1% $724,480,000 $1,400 $0.95
Person of color 4,111,100 1,431,900 34.8% $3,491,785,000 $2,693 $1.50
Family status
Married parent 2,114,400 316,700 15.0% $649,007,000 $2,339 $1.27
Single parent 720,100 246,700 34.3% $567,817,000 $2,555 $1.40
Married, no children 2,239,900 329,000 14.7% $654,573,000 $2,253 $1.23
Unmarried, no children 3,798,400 1,163,100 30.6% $2,344,868,000 $2,290 $1.38
Usual weekly work hours category
Part time (<20 hours per week) 513,600 219,800 42.8% $171,597,000 $890 $1.40
Mid time (20-34 hours) 1,214,200 627,600 51.7% $1,117,450,000 $2,056 $1.54
Full time (35+ hours) 7,145,100 1,208,100 16.9% $2,927,218,000 $2,716 $1.23
Educational attainment
Less than high school 796,600 474,900 59.6% $1,348,056,000 $3,094 $1.67
High school 1,984,800 731,000 36.8% $1,474,081,000 $2,267 $1.28
Some college, no degree 1,548,100 493,200 31.9% $910,523,000 $2,101 $1.34
Associates degree 828,700 156,800 18.9% $252,544,000 $1,853 $1.10
Bachelors degree or higher 3,714,700 199,700 5.4% $231,062,000 $1,459 $0.91
Sector
For profit 6,391,200 1,748,500 27.4% $3,624,469,000 $2,393 $1.37
Nonprofit 1,014,700 165,600 16.3% $322,106,000 $2,008 $1.27
Government 1,466,900 141,400 9.6% $269,690,000 $1,939 $1.16
Family income category
Less than $25,000 791,800 498,100 62.9% $1,250,333,000 $2,784 $1.62
$25,000 – $49,999 1,400,900 526,500 37.6% $1,083,884,000 $2,337 $1.26
$50,000 – $74,999 1,375,500 305,500 22.2% $611,234,000 $2,298 $1.31
$75,000 – $99,999 1,177,600 215,100 18.3% $413,287,000 $2,181 $1.24
$100,000 – $149,999 1,735,300 249,700 14.4% $434,613,000 $2,003 $1.20
$150,000 or more 2,304,000 209,400 9.1% $333,541,000 $1,828 $1.15
Tipped occupations
Not tipped 8,631,400 1,814,000 21.0% $4,216,265,000 $2,324 $1.34
Tipped worker 241,500 241,500 100.0% – – –
Family income-to-poverty ratio
Iat or below the poverty line 538,100 362,500 67.4% $880,153,000 $2,678 $1.72
100 – 199% poverty 1,005,400 560,900 55.8% $1,328,634,000 $2,639 $1.43
200-399% poverty 2,323,900 656,100 28.2% $1,260,486,000 $2,198 $1.20
400%+ poverty 5,005,400 476,000 9.5% $746,992,000 $1,830 $1.12

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