Effective January 1, 2016, 29 states plus the District of Columbia will have minimum wage rates that are above the federal minimum wage rate of $7.25 per hour. The District of Columbia will have, by far, one of the highest minimum wage rates in the country at $10.50 per hour until July 1, 2016, and $11.50 per hour after that date. With respect to state minimum wages, California and Massachusetts are next at $10 per hour effective January 1, 2016. The states with the lowest minimum wages are Georgia and Wyoming, which both have rates of $5.15 per hour, along with Oklahoma, which allows employers that have fewer than 10 full-time employees and $100,000 or less in gross annual sales to pay $2.00 per hour to employees. Five states—Alabama, Louisiana, Mississippi, South Carolina, and Tennessee—have not enacted minimum wage laws. Of the 45 states plus the District of Columbia that have enacted minimum wage laws, 17—or just over one-third—will increase their minimum wage rates from 2015 to 2016.