Finance
Florida’s minimum wage hike in 2025: How much will it increase and when does it go into effect?
Florida will raise the minimum wage once again in 2025. Here’s what you need to know about the exact increase and when it takes effect.
July 2023 marked 15 years since the last federal minimum wage increase. Set at $7.25 an hour in 2009, the federal wage has remained stagnant despite numerous attempts to raise it. However, states like Florida have taken the initiative to set higher wages for their workers.
In Florida, the state minimum wage was raised on September 30, 2024, from $12 to $13 an hour, with tipped employees seeing an increase to $9.98 per hour. The next hike is scheduled for 2025, as part of a gradual plan to reach $15 an hour.
How Much Will Florida’s Minimum Wage Increase in 2025?
Florida voters approved a constitutional amendment in November 2020 that set the state on a path toward a $15 hourly minimum wage by 2026. This amendment, known as Amendment 2, mandates annual wage increases until the goal is met.
On September 30, 2025, Florida’s minimum wage will rise to $14 an hour, with tipped employees earning $10.98 per hour. This steady increase reflects the amendment’s commitment to improving pay for workers across the state.
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What’s Next for Florida’s Minimum Wage?
In 2026, the state minimum wage will hit $15 an hour, with tipped workers earning $11.98. While the amendment specifies annual increases of $1 through 2026, wages beyond that will be adjusted based on the Consumer Price Index (CPI). These CPI-based adjustments aim to preserve workers’ purchasing power against inflation.
The $15 wage will remain in place through December 31, 2027. Starting in 2028, annual increases will reflect inflation, ensuring wages keep pace with economic changes.
Other States Increasing Minimum Wages in 2025
Florida isn’t alone in boosting minimum wages. On January 1, 2025, several other states will implement wage hikes: Alaska, Arizona, California, Colorado, Connecticut, Delaware, Illinois, Maine, Michigan, Missouri, Montana, Nebraska, New Jersey, New York, Ohio, Oklahoma, Rhode Island, South Dakota, Vermont, Virginia y Washington.
Mid-Year Wage Increases
Some states have opted for mid-year wage hikes. Michigan will raise its minimum wage to $12.48 on July 1, 2025. Meanwhile, Oregon and Washington, D.C., have increases planned for the same month, though the exact figures are yet to be announced.
Original article written by Corina González, translated with the assistance of AI and edited by Greg Heilman
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