Table of Contents
What percentage of minimum wage workers live in poverty?
Overall, in low states, 13.8 percent of workers in these industries are in poverty, compared with 10.2 percent in one fair wage states. Tipped workers specifically see an even steeper decline, with 14.8 percent in poverty in low states compared with 11 percent in one fair wage states.
What is the average monthly income of a minimum wage worker?
Using the federal minimum wage rate of $7.25 per hour, this amounts to total gross wages of $15,080 in one calendar year. Divide this by 12 to obtain monthly wages, since not all months have the same number of days. This calculation results in $1,256.67 in monthly gross wages.
What percent of minimum wage workers are adults?
In 2020, around 47.6\% wage and salary workers paid hourly rates at or below the federal minimum wage were aged between 16 to 24 years….
Age group | Share of low wage workers |
---|---|
25 to 34 years | 22.5\% |
35 to 44 years | 11.7\% |
45 to 54 years | 8.4\% |
55 to 64 years | 6.7\% |
How many adults make minimum wage?
In 2017, 80.4 million workers age 16 and older in the United States were paid at hourly rates, representing 58.3 percent of all wage and salary workers. Among those paid by the hour, 542,000 workers earned exactly the prevailing federal minimum wage of $7.25 per hour.
How many people earned minimum wage in 2019?
In 2019, 82.3 million workers age 16 and older in the United States were paid at hourly rates, representing 58.1 percent of all wage and salary workers. Among those paid by the hour, 392,000 workers earned exactly the prevailing federal minimum wage of $7.25 per hour.
What are common characteristics of minimum wage workers?
The following are highlights from the 2019 data:
- Age. Minimum wage workers tend to be young.
- Gender.
- Race and Hispanic or Latino ethnicity.
- Education.
- Marital status.
- Full- and part-time status.
- Occupation.
- Industry.