Snapshots

Is a $15 minimum wage the new threshold for industrial & logistics site selection?

Which markets can weather the storm if a $15 minimum wage becomes the norm?

industrial-minimum-wage-new-threshold-for-site-selection
  • Which markets can weather the storm if a $15 minimum wage becomes the norm? Here is a quick comparison of current average warehouse worker wage rates by major real estate market.
  • The markets with the higher minimum wages show up in pockets along the coasts – the Bay Area leads the pack, with Seattle, Long Island, and Boston following close behind. These markets are shown in dark green on the map.
  • Over half of the markets we track are below the $15 mark for mean hourly entry wage. Much of these markets are centered in the South and Midwest – San Antonio, Tampa Bay, and Orlando fall to the bottom of the list. These markets are shown in red.

 

Source: JLL Research

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