Oregon 2nd Highest Minimum Wage In Nation
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Wednesday, July 22, 2015
Robby Davis, GolocalPDX Contributor
Oregon currently has the second highest minimum wage in the nation at $9.25 an hour, trailing just behind Washington at $9.47 an hour.
Since 1996 Oregon’s minimum wage rate has been steadily increasing. Over that period of time the rate has increased by $5.90. Our state wage has also been higher than then the federal wage for over 30 years.
Recently the University of California decided to raise their employee and contract minimum wage to $15 an hour by the time 2017 rolls around. Currently the state of California’s minimum wage rate is set at only $9 an hour. As of now Oregon State schools have not raised followed suit.
Minimum Wage by State | InsideGov
Related Slideshow: Slideshow: 10 Western States And The Money They Could Make From Legal Pot
Oregon could earn $54,558,596 a year from excise taxes on legal Marijuana, according to a study by NerdWallet. The study also determined each state's marijuana market size, population percentage 25 and over who use, and the state's percentage of the U.S. pot market. See how these other Western states compared to Oregon.
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#10
Idaho
Revenue from sales/excise tax: $10,664,659
Marijuana market size: $50,711,646
Population over 25 who use marijuana: 3.77%
State’s percentage of U.S. marijuana market: 0.36%
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#9
Montana
Revenue from sales/excise tax: $10,863,549
Marijuana market size: $72,423,663
Population over 25 who use marijuana: 7.94%
State’s percentage of U.S. marijuana market: 0.52%
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#8
Utah
Sales Tax Revenue: $14,367,419
Marijuana market size: $66,270,383
Population over 25 who use marijuana: 3.04%
State’s percentage of U.S. marijuana market: 0.47%
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#7
New Mexico
Sales Tax Revenue: $27,911,140
Marijuana market size: $125,386,972
Population over 25 who use marijuana: 6.94%
State’s percentage of U.S. marijuana market: 0.90%
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#6
Nevada
Sales Tax Revenue: $36,100,059
Marijuana market size: $157,435,933
Population over 25 who use marijuana: 6.44%
State’s percentage of U.S. marijuana market: 1.12%
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#5
Oregon
Sales Tax Revenue: $54,558,596
Marijuana market size: $363,723,974
Population over 25 who use marijuana: 10.25%
State’s percentage of U.S. marijuana market: 2.60%
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#4
Arizona
Sales Tax Revenue: $70,208,995
Marijuana market size: $303,016,813
Population over 25 who use marijuana: 5.33%
State’s percentage of U.S. marijuana market: 2.16%
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#3
Colorado
Sales Tax Revenue: $78,157,904
Marijuana market size: $349,075,052
Population over 25 who use marijuana: 7.63%
State’s percentage of U.S. marijuana market: 2.49%
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#2
Washington
Sales Tax Revenue: $119,500,540
Marijuana market size: $500,421,024
Population over 25 who use marijuana: 8.11%
State’s percentage of U.S. marijuana market: 3.57%
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#1
California
Sales Tax Revenue: $519,287,052
Marijuana market size: $2,218,227,477
Population over 25 who use marijuana: 6.74%
State’s percentage of U.S. marijuana market: 15.84%
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