Special Report
The States With the Highest Minimum Wage
October 7, 2022 12:00 pm
Last Updated: October 7, 2022 12:52 pm
Source: Sean Pavone / iStock via Getty Images
35. Oklahoma
> Minimum hourly wage: $7.25
> Est. hourly wage needed for a family of four: $35.47 — 11th lowest
> Unemployment rate, Aug 2022: 3.4% — 23rd lowest
> Total population: 3,986,639 — 23rd lowest
Source: SeanPavonePhoto / iStock via Getty Images
34. Pennsylvania
> Minimum hourly wage: $7.25
> Est. hourly wage needed for a family of four: $36.34 — 16th lowest
> Unemployment rate, Aug 2022: 4.8% — 3rd highest
> Total population: 12,964,056 — 5th highest
24/7 Wall St.
Source: Barbara Smyers / iStock via Getty Images
33. Texas
> Minimum hourly wage: $7.25
> Est. hourly wage needed for a family of four: $35.75 — 13th lowest
> Unemployment rate, Aug 2022: 4.2% — 12th highest
> Total population: 29,527,941 — 2nd highest
Source: Sean Pavone / iStock via Getty Images
32. Utah
> Minimum hourly wage: $7.25
> Est. hourly wage needed for a family of four: $36.86 — 22nd lowest
> Unemployment rate, Aug 2022: 2.1% — 3rd lowest
> Total population: 3,337,975 — 21st lowest
Source: marchello74 / iStock via Getty Images
31. Wisconsin
> Minimum hourly wage: $7.25
> Est. hourly wage needed for a family of four: $36.34 — 16th lowest
> Unemployment rate, Aug 2022: 3.3% — 22nd lowest
> Total population: 5,895,908 — 20th highest
Sponsored: Tips for Investing
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
Editors' Picks
