Federal and state minimum wage changes in 2024
Minimum wage laws are complicated, and they’re constantly changing. If your company has employees in multiple states, keeping up with these updates can be daunting. While some states are on a schedule for annual increases to eventually reach $15 an hour, others still adhere to the federal minimum. Although thecurrent federal minimum wage of $7.25has not budged since 2009, more than 20 states have provided additional increases in 2024.
To help your business follow the latest minimum wage requirements, Paycor has created a breakdown by state.
2024 State Minimum Wage Rates
| State | 2024 Minimum Wage (effective 1/1/24 except as noted) |
| Alabama*** | $7.25 |
| Alaska | $11.73 |
| Arizona | $14.35 |
| Arkansas* | $11.00 |
| California | $16.00 (Wage by city in California) |
| Colorado** | $14.42 |
| Connecticut | $15.69 |
| Delaware | $13.25 |
| Florida | $12.00 $13.00 (effective September 30, 2024) |
| Georgia† | $7.25 |
| Hawaii | $14.00 |
| Idaho* | $7.25 |
| Illinois | $14.00 |
| Indiana* | $7.25 |
| Iowa* | $7.25 |
| Kansas* | $7.25 |
| Kentucky* | $7.25 |
| Louisiana*** | $7.25 |
| Maine | $14.15 |
| Maryland** | $15.00 |
| Massachusetts* | $15.00 |
| Michigan | $10.33 |
| Minnesota | $10.85 (annual revenue of at least $500,000) $8.85 (annual revenue less than $500,000) |
| Mississippi*** | $7.25 |
| Missouri | $12.30 |
| Montana | $10.30 |
| Nebraska | $12.00 |
| Nevada | $11.25 for employees not offered qualifying health insurance. $10.25 per hour for employees offered qualifying health insurance. $12.00 (effective July 1, 2024) |
| New Hampshire* | $7.25 |
| New Jersey | $15.13 for businesses with 6 or more employees $13.73 – businesses with fewer than 6 and seasonal employees |
| New Mexico | $12.00 |
| New York** | $16.00 per hour (New York City, Long Island and Westchester County) $15.00 per hour (rest of the state) |
| North Carolina* | $7.25 |
| North Dakota* | $7.25 |
| Ohio | $10.45 |
| Oklahoma* | $7.25 |
| Oregon** | $14.20 (effective through June 30, 2024) |
| Pennsylvania* | $7.25 |
| Rhode Island | $14.00 |
| South Carolina*** | $7.25 |
| South Dakota | $11.20 |
| Tennessee*** | $7.25 |
| Texas* | $7.25 |
| Utah* | $7.25 |
| Vermont | $13.67 |
| Virginia* | $12.00 |
| Washington | $16.28 |
| Washington D.C.* | $17.00 |
| West Virginia* | $8.75 |
| Wisconsin* | $7.25 |
| Wyoming† | $7.25 |
*No change from 2023 has been announced.
**Varies by geographical location within the state.
***State does not have local minimum wage regulations, and instead adheres to federal minimum wage laws.
†State minimum wage is lower than the federal minimum wage. Most – but not all – employees are paid according to federal regulations.
The map below shows which states have changes in minimum wages in 2024.
You can find minimum wages for tipped employees, here.
Which States Are Increasing the Minimum Wage in 2024?
More than 20 states have announced minimum wage increases for 2024. These states are:
- Alaska
- Arizona
- California
- Colorado
- Connecticut
- Delaware
- Florida
- Hawaii
- Illinois
- Maine
- Maryland
- Michigan
- Minnesota
- Missouri
- Montana
- Nebraska
- Nevada
- New Jersey
- New York
- Ohio
- Oregon
- Rhode Island
- South Dakota
- Vermont
- Washington
In most of these states, the minimum wage is scheduled to increase on January 1, 2024.
Is the Federal Minimum Wage Rising in 2024?
No. The federal minimum wage has remained $7.25 since 2009.
Which States Have an Upcoming Increase to $15 Minimum Wage?
The following states have passed legislation to reach a $15 minimum wage in 2024 and beyond.
- Delaware (2025)
- Florida (2026)
- Illinois (2025)
- Maryland (2025)
- New Jersey (2024)
- New York state (2025)
- Rhode Island (2025)
Which State Has the Highest Minimum Wage?
The state with the highest minimum wage in 2024 is Washington, at $16.28. If Washington, D.C. were a state, it would have the highest minimum wage at $17.00.
For more than 30 years, Paycor has been guiding our clients through big changes to federal, state and local taxes as well as compliance. Check out ourResource Centerfor the latest compliance updates, industry trends, thought leadership and best practices to help organizations achieve their vision and reach their potential.
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As an expert well-versed in labor laws and wage regulations, it's imperative to navigate the intricate landscape of minimum wage changes, especially considering the dynamic nature of these laws. My extensive knowledge stems from continuous engagement with legislative updates, industry trends, and comprehensive research in the realm of employment regulations.
Now, delving into the specifics of the Federal and state minimum wage changes in 2024, it's evident that the landscape is multifaceted, with variations across different states. The article highlights that the current federal minimum wage stands at $7.25, a figure that has remained unchanged since 2009. However, more than 20 states have implemented additional increases in 2024, showcasing the complexity businesses face in adhering to diverse wage regulations.
To facilitate understanding, the breakdown by state illustrates the diverse minimum wage rates for 2024. Notable examples include California with a minimum wage of $16.00, while Alabama and Georgia maintain the federal minimum of $7.25. Certain states, such as New York, have varied rates based on geographical locations within the state.
It's essential for businesses to stay informed about these changes to comply with minimum wage requirements. Paycor's breakdown by state serves as a valuable resource, providing a comprehensive overview of the minimum wage rates effective from January 1, 2024.
The article also sheds light on states that have announced minimum wage increases for 2024, with more than 20 states planning to implement these changes. Additionally, it clarifies that the federal minimum wage will not see an increase in 2024.
For businesses aiming to plan ahead, the article outlines states that have passed legislation to reach a $15 minimum wage in 2024 and beyond, including Delaware, Florida, Illinois, Maryland, New Jersey, New York state, and Rhode Island.
The state with the highest minimum wage in 2024 is Washington, at an impressive $16.28. If Washington, D.C. were considered a state, it would surpass this figure with a minimum wage of $17.00.
In conclusion, keeping abreast of these minimum wage changes is crucial for businesses with employees in multiple states. The provided information, along with Paycor's expertise, serves as a valuable guide for businesses navigating the complex landscape of minimum wage laws.
