As of 2023, the minimum wage in New York state is $15 per hour for all employees, with the exception of those working in certain industries such as fast food and farm workers, who have different minimum wage rates.
The minimum wage rate for employees in New York City with 11 or more employees is $15 per hour. For New York City employees with 10 or fewer employees, the minimum wage rate is $15 per hour. The minimum wage rate for employees in Nassau, Suffolk, and Westchester counties is $14 per hour. In addition to the state minimum wage, some localities in New York have set higher minimum wages.
The average wage in New York state varies depending on the industry and occupation. According to data from the Bureau of Labor Statistics, as of 2021, the average hourly wage in New York state was $22.90.
The average wage for certain industries such as finance, insurance, and professional, scientific, and technical services is higher. Conversely, the average wage for industries such as retail trade, accommodation and food services, and healthcare and social assistance is lower. It's also worth noting that the average wage in New York City is likely to be higher than the average wage in other parts of the state due to the high cost of living and concentration of high-paying jobs in the city.