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If you’re a first-time homebuyer feeling worried by the 20% down payment guidance commonly quoted, know that a down payment can actually be much lower—for example, 3% to 5% depending on loan type.
In New York City, median-income households would need to come up with a more than 60% down payment, in Miami, they’d need to come up with a 64.5% down payment—and the list goes on.
Federal laws. The federal minimum wage in the United States has been $7.25 per hour since July 2009, the last time Congress raised it. [45] Some types of labor are exempt: Employers may pay tipped labor a minimum of $2.13 per hour, as long as the hour wage plus tip income equals at least the minimum wage.
Map based on last Senate election in each state as of 2022. Starting with the 2000 United States presidential election, the terms "red state" and "blue state" have referred to U.S. states whose voters vote predominantly for one party — the Republican Party in red states and the Democratic Party in blue states — in presidential and other statewide elections.
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The states and territories included in the United States Census Bureau 's statistics for the United States population, ethnicity, and most other categories include the 50 states and Washington, D.C. Separate statistics are maintained for the five permanently inhabited territories of the United States: Puerto Rico, Guam, the U.S. Virgin Islands ...
The Tariff Act of 1789 imposed the first national source of revenue for the newly formed United States. The new U.S. Constitution ratified in 1789, allowed only the federal government to levy uniform tariffs. Only the federal government could set tariff rates (customs), so the old system of separate state rates disappeared.
The District of Columbia, though, recorded a GDP per capita figure far higher than any U.S. state in 2022 at $242,853. 50 states and Washington, D.C. [ edit ] The following list includes the annual nominal gross domestic product for each of the 50 U.S. states and the national capital of Washington, D.C. and the GDP change and GDP per capita as ...
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