$7.25 per hour.
Kentucky’s state minimum wage rate is $7.25 per hour. This is the same as the current Federal Minimum Wage rate.
Is Ky minimum wage going up 2022?
(WSAZ) – State lawmakers in Kentucky are considering a bill that would gradually raise the state’s minimum wage to $15 per hour by July 2026. “Nobody in 2022 can live off $7.25 an hour in this country,” said Sen. Reginald Thomas (D-Fayette).
What is a living wage in Louisville Ky?
Living Wage Calculation for Jefferson County, Kentucky
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $16.02 | $22.97 |
| Poverty Wage | $6.19 | $6.37 |
| Minimum Wage | $7.25 | $7.25 |
What states have a $15 an hour minimum wage?
Where are $15 minimum wages? Besides California and New York, nine states are headed to a $15 pay base over the next four years – Connecticut, Delaware, Florida, Illinois, Maryland, Massachusetts, New Jersey, Rhode Island and Virginia.
What is the current minimum wage in KY?
$7.25
Check to see if your business location has a new minimum wage in 2022, and order update posters today.
$7.25 – July 24, 2009.
| State | Kentucky |
|---|---|
| 2020 | $7.25 |
| 2021 | $7.25 |
| 2022 | $7.25 |
| Order Poster |
What state Has the lowest wages?
Which State Has the Lowest Minimum Wage? The two states with the lowest minimum wage are Georgia and Wyoming, both sitting at $5.15; however, employers in Georgia and Wyoming that are subject to the Fair Labor Standards Act must still pay the $7.25 Federal minimum wage.
Who has the highest minimum wage?
The 10 States with the Highest Minimum Wage Rates in 2022
- Maine $12.75 (tie)
- Arizona $12.80.
- New Jersey $13 (tie)
- Connecticut $13 (tie)
- New York $13.20.
- 8. California $14.
- Massachusetts $14.25.
- Washington $14.49. Washington has been a leading state when it comes to high minimum wages for quite some time.
Is minimum wage going up to $15 an hour in Kentucky?
The minimum wage would go from $7.25 to $10 dollars in 2022, and gradually rise to $15 by 2026.
What is the cost of living in Kentucky?
Average Cost of Living in Kentucky: $36,574 per year
The average cost of living in Kentucky is $36,574 per person, according to the most recent personal consumption expenditure data from the Bureau of Economic Analysis’ latest Personal Consumption Expenditures data .
What is the shortest shift you can legally work?
3 hours is the minimum for most states across the country.
Why Kentucky should not raise minimum wage?
The study finds that $10.10 legislation, if implemented in Kentucky, would lead to roughly 5,000 lost jobs when fully implemented. (The analysis takes account of the increases occurring in Lexington and Louisville.) Women would bear the brunt of the suffering, accounting for just under 65 percent of the losses.
When was the last time minimum wage was raised in Kentucky?
2009
Kentucky last raised its minimum wage in 2009 to $7.25 per hour, coming out to $15,080 per year at 40 hours a week with no vacation.
What is a good salary in Kentucky?
While ZipRecruiter is seeing salaries as high as $134,623 and as low as $18,478, the majority of salaries within the Average jobs category currently range between $43,554 (25th percentile) to $65,991 (75th percentile) with top earners (90th percentile) making $87,988 annually in Kentucky.
Is it cheaper to live in TN or KY?
Tennessee’s cost of living is 10.7% more expensive than Kentucky.
Are taxes high in Kentucky?
Kentucky has a flat 5.00 percent individual income tax rate. There are also jurisdictions that collect local income taxes. Kentucky has a 5.00 percent corporate income tax rate. Kentucky has a 6.00 percent state sales tax rate and does not levy any local sales taxes.
Is Kentucky a good place to live?
Is Kentucky a Good Place to Live? Kentucky is an excellent place to live if you’re looking for affordable home prices, a low cost of living, delicious bourbon, top-tier national and state parks, southern friendliness, and did we mention good bourbon!
What is Tennessee minimum wage?
$7.25
(WTVF) — On Tuesday, a bill is to be discussed by a Senate committee to increase the minimum wage in Tennessee from $7.25 to $15 over four years. The wages would go up to $12 in 2023, $13 in 2024, $14 in 2025 and finally to $15 in 2026.