TABLE 3—
Potential Impact of a Hypothetical $15 Minimum Wage on the Proportions of Low-Income Population and Predicted Crude Death Rates by the Proportion of Low-Income Residents: American Community Survey and Vital Statistics Data, New York City, New York Community Districts, 2008–2012
Proportion With Low Income With $15 Minimum Wage, % |
Premature Death Rate With $15 Minimum Wage, per 100 000 |
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Proportion of Low-Income Population in Community Districts | Proportion With Low Income if No Change in Minimum Wage, % | Scenario 1a | Scenario 2 | Scenario 3 | Premature Death Rate if No Change in Minimum Wage, per 100 000 | Scenario 1 | Scenario 2 | Scenario 3 |
< 20% | 17.3 | 15.7 | 15.3 | 16.5 | 145.4 | 140.6 | 139.6 | 143.2 |
20%–34% | 30.0 | 26.6 | 25.9 | 28.1 | 169.7 | 159.5 | 157.7 | 164.0 |
35%–49% | 43.1 | 38.1 | 37.2 | 40.1 | 209.1 | 194.4 | 191.9 | 200.3 |
≥ 50% | 61.5 | 55.1 | 54.3 | 57.6 | 253.8 | 235.2 | 232.6 | 242.3 |
All New York Cityb | 39.7 | 35.2 | 34.4 | 37.1 | 200.3 | 187.4 | 185.3 | 192.7 |
Note. We defined low income as family income < 200% of the federal poverty level according to the US Department of Health and Human Services.
Scenario 1 assumes that a higher minimum wage would create neither spillover nor employment effects. Scenario 2 assumes that a higher minimum wage would result in spillover effects but no employment effects. Scenario 3 assumes that a higher minimum wage would result in no spillover effects and a 15% reduction in employment for non–self-employed workers earning between $7.15 and $15.00 per hour.
We derived the proportions of low-income population for New York City in all scenarios using respondent-level data from the American Community Survey; we calculated the premature death rates for New York City in all scenarios as the averages of community district premature death rates.