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To some degree, yes. Though the higher minimum wages in other states have raised the starting wages for many jobs in Texas that used to pay Texas minimum. That
by tyingq 4y ago
To some degree, yes. Though the higher minimum wages in other states have raised the starting wages for many jobs in Texas that used to pay Texas minimum.
That is, many formerly $7.25/hr rate entry level jobs in Texas are now paying closer to $15/hr. Because once a few companies adopt it, others have to compete. Also, some areas have their own minimum. Austin has had a $15/hr minimum for several years, recently raised to $22.
- vineyardmike 4y agoMissing the point. The point was that yes house prices are accounted for in the calculations because it’s the percent of salary. So Californians pay less as a percent even though they have more expensive homes because they make more money at every income level.