S&P 500 7,728.2 ↓ 0.32%Dow Jones 53,791.85 ↓ 0.34%Nasdaq 26,445.44 ↓ 0.6%BTC $65,160 ↓ 0.1%ETH $1,921 ↓ 0.4%EUR/USD 1.154Inflation 3.5% YoYLive market dataS&P 500 7,728.2 ↓ 0.32%Dow Jones 53,791.85 ↓ 0.34%Nasdaq 26,445.44 ↓ 0.6%BTC $65,160 ↓ 0.1%ETH $1,921 ↓ 0.4%EUR/USD 1.154Inflation 3.5% YoYLive market data
Data APINewsletter
Free Money ToolsGamesMoney FAQEditorial Standards
Advanced Learning Academy
Minimum Wage › Methodology

Minimum Wage Power Rankings — Methodology

Field: 50 states + D.C.. Accountable official: Governor. Cadence: annual. Data retrieved 2026-06-23.

Weights are public so the ranking cannot be called rigged. Each dimension is normalized 0–100 across all ranked states & D.C. (min–max; inverted where lower is better), multiplied by its weight, and summed to the 0–100 composite. A metric that is unavailable for an entity is never estimated — the remaining weights are rescaled and the composite flagged “partial.”

DimensionSourceDirectionWeight
State minimum wage (current effective)NCSL state minimum wages, retrieved 2026-06-23Higher better ▲100

Provenance

Primary source: National Conference of State Legislatures (NCSL) · https://www.ncsl.org/labor-and-employment/state-minimum-wages.

Know your money better

See your credit picture with WalletHub Premium

Scores, budgeting, and alerts — a clearer snapshot of where you stand.

Explore WalletHub →