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What is the yearly income for minimum wage employee?

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It depends on where you live.
The annual salary for a given hourly wage can be found (approximately) by multiplying by 2000. This assumes two weeks (unpaid) vacation per year and a 40 hour workweek.

So, if you make $7.25 an hour, that's about $14,500 per year.

This is complicated by the fact that a lot of people making minimum wage don't have 40 hour workweeks; they may work 20 hours a week or less for a large portion of the year.
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