Table 3
Oklahoma projected minimum wage, median wage, and minimum-to-median wage ratio
| Year | Minimum wage | Median wage | Minimum-to-median wage ratio |
|---|---|---|---|
| 2025 | $7.25 | $22.41 | 0.32 |
| Projected | |||
| 2026 | $7.25 | $23.13 | 0.31 |
| 2027 | $12.00 | $23.87 | 0.50 |
| 2028 | $13.50 | $24.63 | 0.55 |
| 2029 | $15.00 | $25.42 | 0.59 |
Notes: Projected annual nominal wage growth of 3.2% based on CBO ECI projections.
Sources: EPI analysis of 2024 ACS wage data and CBO projections of Employment Cost Index.
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