Nevada workers can look forward to a boost in the state's minimum wage starting this summer.

As previously mentioned, Assembly Bill 456, which was passed in 2019, required the state's minimum wage to increase in 75-cent increments until July 2024.

Nevada Minimum Wage Climbs to $12 from July

According to the Labor Commissioner's Office, Nevada's minimum wage will be raised to $12 per hour starting July 1.

In November 2022, a constitutional amendment was approved by approximately 55 percent of voters, establishing a $12 minimum wage for all employees in the state, regardless of the health benefits provided by employers.

The state has also provided guidance on how the increase in minimum wage will impact the daily overtime rates for individuals who qualify for overtime pay, ReviewJournal reported.

According to the Labor Commissioner's Office, employees who earn less than $18 per hour can receive overtime pay at one-and-a-half times their regular rate of pay for working over eight hours in a 24-hour period or over 40 hours in a workweek.

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How Taxes Impact Your Salary Across States

Nevertheless, even with a salary, there is no assurance that the workers will receive the full income. After accounting for taxes and other deductions, the final amount is reduced. 

Based on the report, individuals residing in high-income states can expect to have a higher take-home pay compared to those living in low-tax states, after accounting for taxes.

However, the percentage may result in a decrease in the amount of money in your bank account. 

Furthermore, it is crucial to consider that states with higher incomes typically come with a higher cost of living.

GOBankingRates has provided data on the average salary in each US state, both before and after taxes.

Alabama: $54,943 and $43,447 after taxes

Alaska: $80,287 and $64,221 after taxes

California: Earnings of $84,097 and $62,525 after taxes

Delaware: $72,724 and $55,332 after taxes

Illinois: $72,563 and $55,196

Maine: $63,182 and $49,016

Massachusetts: $89,026 and $65,919,502

Nevada:  $65,686 and $53,950

New York: $75,157 and $56,897

North Dakota: $68,131 and $54,925

Ohio: 61,938 and $50,208

South Dakota: $63,920 and $52,707

Texas: $67,321 and $55,100

Vermont: $67,674 and $52,631

Virginia: $80,615 and $60,333

Washington: $82,400 and $65,707

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