Florida Minimum Wage 2027: $15.00, No Change Until January 1, 2028
Short answer: Florida's minimum wage is $15.00 and does not change on January 1, 2027. Amendment 2 (2020) stepped the rate up $1.00 each September 30 until it hit $15.00 on September 30, 2026. The U.S. Department of Labor says formula-based annual updates begin January 1, 2028.
How Florida got to $15.00
Florida's constitution and the implementing statute (section 448.110, Florida Statutes) set the state minimum wage. The $15.00 step is the end of a schedule voters approved in 2020: $10.00 on September 30, 2021, then $1.00 more each September 30. The rate you may see quoted for earlier months of 2026 is $14.00. Since September 30, 2026 the rate is $15.00, and the U.S. Department of Labor's state table, updated November 5, 2026, shows $15.00 with the note that future updates begin January 1, 2028.
What happens next
After the schedule ends, Florida's statute directs the state to compute the rate annually from the consumer price index (CPI-W, South region), publish it by mid-October, and apply it from the following January 1. For 2027 there is no new formula rate; the next one is for 2028. If you've seen "Florida minimum wage 2027" figures above $15.00, they are guesses — we couldn't find any official 2027 number.
Pay and tax math at $15.00
A full-time worker earning $15.00 makes $31,200 a year before taxes. Florida has no state income tax, so the federal tax deductions for overtime and tips are the main tax levers for hourly workers there. Florida follows the federal weekly-40 overtime rule (the Department of Labor's table lists no separate Florida premium pay requirement), so overtime due under the FLSA is the same overtime the deduction targets. Use the overtime calculator or the tips calculator to estimate your own number.
Frequently asked questions
What is the Florida minimum wage in 2027?
Florida's minimum wage is $15.00 per hour, the final step of the schedule in the state constitution (Article X, section 24) that began at $10.00 on September 30, 2021 and rose $1.00 each September 30. The U.S. Department of Labor's state table lists $15.00 and says the minimum wage is scheduled to be updated annually by formula beginning January 1, 2028.
Does Florida's minimum wage change on January 1, 2027?
No. The Florida Department of Commerce adjusts the rate by formula; the first formula-based adjustment takes effect on January 1, 2028 according to the U.S. Department of Labor. The rate stays $15.00 through 2027.
How will Florida's future increases be calculated?
Section 448.110 of the Florida Statutes directs the Department of Economic Opportunity (now Commerce) to calculate the adjusted rate each year using the CPI for urban wage earners and clerical workers, South region, and publish it by October 15, with the new rate effective the following January 1. We're describing the statute as published; the first use of this formula for the $15.00 rate is for 2028.
Does Florida have its own overtime law?
The U.S. Department of Labor's state table lists no Florida premium-pay rule. Florida employers follow the federal FLSA overtime rule (more than 40 hours in a workweek), so qualified overtime for the federal deduction is the FLSA half-time premium.
Sources and citations
Every dollar figure on this page was checked against the official pages below on November 14, 2026. If an agency updates its guidance, the agency page controls.