In NYC, 68.8% of affected workers work full-time and 64.8% are ages 25–54: Number, shares, and wage increases of affected workers in New York City through 2026, by select worker characteristics

Group Wage-earning 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 4,342,300 1,369,600 31.5% $5,065,218,000 $3,698 $2.06
Gender
Men 2,267,500 642,300 28.3% $2,386,922,000 $3,716 $1.95
Women 2,074,800 727,300 35.1% $2,678,296,000 $3,682 $2.15
Teenager flag
Teenager 54,700 39,000 71.2% $162,513,000 $4,172 $3.48
Age 20 or older 4,287,600 1,330,700 31.0% $4,902,705,000 $3,684 $2.01
Age category
Age 16 to 24 381,800 248,400 65.1% $1,077,186,000 $4,336 $2.82
Age 25 to 39 1,740,100 529,500 30.4% $1,986,411,000 $3,751 $1.97
Age 40 to 54 1,366,200 358,100 26.2% $1,231,186,000 $3,438 $1.80
Age 55 or older 854,300 233,600 27.3% $770,434,000 $3,298 $1.84
Race / ethnicity
White, non-Hispanic 1,554,500 215,000 13.8% $591,658,000 $2,752 $1.69
Black, non-Hispanic 814,100 322,100 39.6% $1,145,614,000 $3,557 $1.99
Hispanic, any race 1,190,300 592,600 49.8% $2,457,024,000 $4,146 $2.22
Asian, non-Hispanic 664,600 202,900 30.5% $750,666,000 $3,700 $2.09
Other race/ethnicity 118,900 37,000 31.2% $120,255,000 $3,247 $1.88
Person of color
Not person of color 1,554,500 215,000 13.8% $591,658,000 $2,752 $1.69
Person of color 2,787,900 1,154,600 41.4% $4,473,560,000 $3,874 $2.12
Family status
Married parent 1,032,400 245,500 23.8% $848,631,000 $3,457 $1.84
Single parent 335,400 164,000 48.9% $658,100,000 $4,012 $2.18
Married, no children 1,027,800 249,800 24.3% $850,466,000 $3,404 $1.81
Unmarried, no children 1,946,800 710,300 36.5% $2,708,021,000 $3,812 $2.19
Usual weekly work hours category
Part time (<20 hours per week) 171,900 88,400 51.4% $150,420,000 $1,701 $2.64
Mid time (20-34 hours) 513,500 338,400 65.9% $1,197,070,000 $3,537 $2.63
Full time (35+ hours) 3,656,900 942,800 25.8% $3,717,728,000 $3,943 $1.80
Educational attainment
Less than high school 434,500 320,200 73.7% $1,604,227,000 $5,009 $2.62
High school 869,000 482,800 55.6% $1,773,119,000 $3,673 $2.01
Some college, no degree 649,800 292,400 45.0% $1,018,548,000 $3,483 $2.12
Associates degree 299,000 101,600 34.0% $301,064,000 $2,963 $1.70
Bachelors degree or higher 2,090,100 172,600 8.3% $368,260,000 $2,133 $1.26
Major Industry
Agriculture, fishing, forestry, mining 3,600 2,300 63.1%  –   –   – 
Construction 236,200 70,700 29.9% $196,611,000 $2,779 $1.39
Manufacturing 138,700 47,300 34.1% $167,353,000 $3,538 $1.87
Wholesale trade 90,600 28,300 31.2% $97,799,000 $3,457 $1.78
Retail trade 367,900 198,900 54.1% $809,309,000 $4,068 $2.40
Transportation, warehousing, utilities 269,100 86,700 32.2% $265,251,000 $3,060 $1.56
Information 177,800 15,400 8.7% $43,500,000 $2,821 $1.65
Finance, insurance, real estate 490,000 51,700 10.5% $145,105,000 $2,808 $1.51
Professional, science, management services 434,800 29,200 6.7% $68,724,000 $2,351 $1.41
Administrative, support, waste services 164,300 74,000 45.0% $265,044,000 $3,583 $1.96
Educational services 421,400 82,400 19.6% $191,501,000 $2,324 $1.68
Healthcare, social assistance 737,500 298,000 40.4% $1,083,158,000 $3,634 $2.05
Arts, entertainment, recreational services 94,000 32,500 34.6% $115,509,000 $3,549 $2.26
Accommodation 53,700 21,800 40.5% $75,942,000 $3,490 $1.82
Restaurants 272,600 217,800 79.9% $1,070,302,000 $4,915 $2.60
Other services 183,600 90,500 49.3% $403,004,000 $4,454 $2.37
Public administration 206,600 22,100 10.7% $55,624,000 $2,514 $1.34
Sector
For profit 3,223,500 1,151,900 35.7% $4,413,638,000 $3,832 $2.11
Nonprofit 467,400 111,600 23.9% $350,741,000 $3,142 $1.92
Government 651,400 106,100 16.3% $300,838,000 $2,835 $1.60
Family income category
Less than $25,000 391,600 308,700 78.8% $1,454,835,000 $4,712 $2.69
$25,000 – $49,999 686,700 413,000 60.1% $1,412,927,000 $3,421 $1.80
$50,000 – $74,999 663,500 217,700 32.8% $766,917,000 $3,523 $1.93
$75,000 – $99,999 548,800 143,400 26.1% $492,022,000 $3,430 $1.88
$100,000 – $149,999 791,600 152,100 19.2% $494,193,000 $3,248 $1.85
$150,000 or more 1,236,000 117,000 9.5% $368,050,000 $3,147 $1.84
NA 24,200 17,700 73.2% $76,274,000 $4,311 $3.05
Tipped occupations
Not tipped 4,257,300 1,284,600 30.2% $4,689,953,000 $3,651 $2.03
Tipped worker 85,000 85,000 100.0% $375,265,000 $4,413 $2.43
Family income-to-poverty status
In Poverty 255,400 203,300 79.6% $962,709,000 $4,735 $2.94
100 – 199% poverty 519,400 397,800 76.6% $1,653,630,000 $4,157 $2.23
200-399% poverty 1,069,500 483,200 45.2% $1,591,225,000 $3,293 $1.74
400%+ poverty 2,498,100 285,300 11.4% $857,654,000 $3,006 $1.72

Notes: Estimated effect of minimum wage increases through 2026 in order to avoid projecting labor productivity and inflation in 2027. All wages in 2021 dollars. AAPI stands for Asian American and Pacific Islander.

Source: Economic Policy Institute Minimum Wage Simulation Model; see Technical Methodology by Dave Cooper, Zane Mokhiber, and Ben Zipperer.

View the underlying data on epi.org.