Quote:
Originally Posted by hammerfan
The federal minimum wage is $7.25 - but the amount varies from state to state. I know waiters and waitresses get less than that because they get tips.
And as far as prices of houses, that also varies region to region. The same house you get in the East Coast for $300,00 you could get in the Midwest for around $95K-$100K.
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$7.25 - that is about $15K per year if you factor in a 40 hour week.
Do many people earn minimum wage (and not have tips etc to boost their income)?
What would the average wage be per year? And what would someone earn who is doing well (but not a movie star/CEO etc) earn?