25 U.S. States Are Raising Minimum Wages in 2024. Here's What It Means for Your State Meanwhile, 20 states will remain at the federal minimum wage of $7.25 an hour, which hasn’t been increased since 2009. Previous Article A Volcano Is Erupting in Iceland, Officials Warn It's 'Not a Tourist Attraction': Video Next Article Do This Simple 'Psychological' Exercise to Develop Strong Money Habits in 2024, Says Financial Expert