Minimum Wage Florida 2024 Projections Vs. As of september 30, 2023, the new hourly minimum wage rate in florida is $12 per hour. On november 3, 2020, floridians made the historic decision to move an estimated 2.5 million workers closer to a living wage with a “yes” vote on amendment 2.
On november 3, 2020, florida voters approved a state constitutional amendment to gradually increase the state’s minimum wage each year until reaching $15.00 per hour on september 30, 2026. In 2009, the hourly rate of $7.25 went into effect, and has remained so to this day.
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