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The minimum wage in the United States is no longer a living wage. At $7.25, the federal minimum hasnât kept up with the cost of living since the late 60s, and thereâs a growing movement among workers, policy analysts, state and city governments â and even some employers â to raise it.
I live in Texas and our minimum wage is $5.15. Assuming you are talking about someone that works 40 hours per week and gets paid holidays. $5.15 x 40 (hours per week) = $206 weekly $206 x 52 (# of weeks in a year) = $10,712.00 Don't forget this does not include income tax, social security tax, or medicare tax. live in Texas and our minimum wage is $5.15. Assuming you are talking about someone that works 40 hours per week and gets paid holidays. $5.15 x 40 (hours per week) = $206 weekly $206 x 52 (# of weeks in a year) = $10,712.00 Don't forget this does not include income tax, social security tax, or medicare tax.