New Year! New You! New Money!

Get excited because the new year means more money in your pockets.

Get our free mobile app

What Is Michigan's Current Minimum Wage?

As of now, Michigan's current minimum wage is $10.10.

Due to Michigan's Improved Workforce Opportunity Wage Act of 2018, the minimum wage be increased every single year unless the unemployment rate is higher than 8.5%.

Pile of Money
Ingram Publishing/ThinkStock

As of right now, the U.S. Department of Labor says that the federal minimum wage is $7.25 per hour.

In my personal opinion, that is incredibly disgusting.

When Is The Minimum Wage Raising In Michigan?

Michigan's minimum wage is set to increase on January 1st, 2024.

The State of Michigan may have money that belongs to you.
credit: SIphotography

The Michigan Department of Labor and Economic Opportunity shared that the statewide minimum wage will increase from $10.10 to $10.33 per hour.

Besides that increase, there is an additional minimum wage increase for minors ages 16 and 17.

CBS News shared that,

In addition, starting Jan. 1, the 85% of the minimum hourly wage rate for minors ages 16 and 17 will increase to $8.78 per hour. The tipped employee rate for hourly pay will increase to $3.93 per hour.

Other states are also in the process of raising their minimum wage.

In New York City and the counties of Nassau, Suffolk, and Westchester, New York, minimum wage will increase to $16. The rest of the state will be increasing to $15.

I would love to see Michigan's minimum wage rise to at least $16 per hour.

If you want to see what other state's minimum wages are, you can check them out here.

The Income Needed to Afford Rent in Each Michigan County

It's no secret that rent costs are high. How much would you actually need to make per hour to afford rent? Here's how all the Michigan counties stack up.

Gallery Credit: Kristen Matthews

More From 100.7 WITL