A number of states have announced minimum wage increases for 2024. 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 |
2023 Minimum Wage |
2024 Minimum Wage (Per Hour) |
Website |
|
Alaska |
$10.85 |
$11.73 |
|
|
Arizona |
$13.85 |
$14.35 |
|
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AZ note: Higher minimum wage applies to Flagstaff (not shown). |
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|
California |
$15.50 |
$16.00 |
|
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CA note: Higher minimum wage rates apply in some cities and counties (not shown). |
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|
Colorado |
$13.65 / $17.29 |
$14.42 / $18.29 |
|
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CO note: Higher minimum wage applies to Denver. |
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|
Connecticut |
$15.00 |
$15.69 |
|
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Delaware |
$11.75 |
$13.25 |
|
|
Hawaii |
$12.00 |
$14.00 |
|
|
Illinois |
$13.00 |
$14.00 |
|
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IL note: Higher minimum wage applies to Chicago and Cook County (not shown). |
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|
Maine |
$13.80 |
$14.15 |
|
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ME note: Higher minimum wage applies to Portland and Rockland (not shown). |
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|
Maryland |
$12.80 / $13.25 |
$15.00 |
|
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MD note: Different minimum wage applies to Montgomery County (not shown). |
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|
Michigan |
$10.10 |
$10.33 |
|
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Minnesota |
$10.59 / $8.63 |
$10.85 / $8.85 |
|
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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). |
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|
Missouri |
$12.00 |
$12.30 |
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Montana |
$9.95 |
$10.30 |
|
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Nebraska |
$10.50 |
$12.00 |
|
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New Jersey |
$14.13 |
$15.13 |
|
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New Mexico |
$12.00 |
$12.00 |
|
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NM note: Higher minimum wage applies to Santa Fe, Santa Fe County, and Las Cruces (not shown). |
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|
New York |
$14.20 / $15.00 |
$15.00 / $16.00 |
|
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NY note: $16 minimum wage applies to Long Island, Westchester, and NYC. |
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Ohio |
$10.10 |
$10.45 |
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Rhode Island |
$13.00 |
$14.00 |
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South Dakota |
$10.80 |
$11.20 |
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Vermont |
$13.18 |
$13.67 |
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Washington |
$15.74 |
$16.28 |
|
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WA note: Seattle, the City of SeaTac, and Tukwila currently have higher minimum wage rates (not shown). |
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For current state minimum wage rates, visit the U.S. Department of Labor’s site.
Last updated 12.20.23. 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.