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Minimum Wage Changes for 2023

Written by GreenSlate | Dec 13, 2022 2:35:55 PM

A number of states have announced minimum wage increases for 2023. More changes could be announced, so employers should continue to monitor the rates for further changes.

The following chart details the states that have announced minimum wage increases. 

State

2022 Minimum Wage
(Per Hour)

2023 Minimum Wage
(Per Hour)

Website

Alaska

$10.34

$10.85

Learn more

Arizona

$12.80 

$13.85

Learn more

AZ note: Higher minimum wage applies to Flagstaff and Tucson (not shown).

California

$15.00 / $14.00 

$15.50

Learn more

CA note: Higher minimum wage rates apply in some cities and counties (not shown).

Colorado

$12.56 / $15.87 

$13.65 / $17.29

Learn more

CO note: Higher minimum wage applies to Denver.

Delaware

$10.50 

$11.75

Learn more

Illinois

$12.00 

$13.00

Learn more

IL note: Higher minimum wage applies to Chicago and Cook County (not shown).

Maine

$12.75 

$13.80

Learn more

ME note: Higher minimum wage applies to Portland and Rockland (not shown). 

Maryland

$12.50 / $12.20 

$12.80 / $13.25

Learn more

MD note: Employers with 14 or fewer employees may pay at the lower rate in effect (i.e. $12.80 for 2023). Different minimum wage applies to Montgomery County (not shown).

Massachusetts

$14.25 

$15.00

Learn more

Minnesota

$10.33 / $8.42 

$10.59 / $8.63

Learn more

MN note: Higher minimum wage applies to employers with annual gross revenue of $500,000 or more. Different minimum wage applies in Minneapolis and St. Paul (not shown).

Missouri

$11.15 

$12.00

Learn more

Montana

$9.20 

$9.95

Learn more

Nebraska

$9.00

$10.50

Learn more

New Jersey

$13.00

$14.13

Learn more

New Mexico

$11.50 

$12.00

Learn more

NM note: Higher minimum wage applies to Santa Fe & Santa Fe County (not shown).

New York

$13.20 / $15.00 

$14.20 / $15.00

Learn more

NY note: $15 minimum wage applies to Long Island, Westchester and NYC.

Ohio

$9.30 

$10.10

Learn more

Rhode Island

$12.25 

$13.00

Learn more

South Dakota

$9.95 

$10.80

Learn more

Vermont

$12.55 

$13.18

Learn more

Virginia

$11.00 

$12.00

Learn more

Washington

$14.49 

$15.74

Learn more

WA note: Seattle and the City of SeaTac currently have higher minimum wage rates.


 For current state minimum wage rates, visit the U.S. Department of Labor’s site.

Last updated 12/12/22. This information in this communication is general in nature, and is not intended, nor should it be construed, as legal, accounting, tax or other professional advice rendered by GreenSlate, LLC. The reader should contact his or her attorney, CPA, or tax professional prior to taking any action based upon this information.