Minimum wage hikes will take effect in 2024 for 25 U.S. states. Here's who is getting a raise.

Millions of workers nationwide could be in line for a pay hike next year, with half of U.S. states planning to boost their minimum wages in 2024. 

The increases will boost the baseline pay to at least $16 an hour in three states: California, New York and Washington. In 22 states, the new minimum wages will take effect on January 1. However, Nevada and Oregon's new rates will go into effect on July 1, while Florida's will increase on September 30.

By contrast. workers in 20 states will still be subject to the federal minimum wage, which has stood at $7.25 an hour since 2009, when it was last increased.